DNV/GL predicts shipping industry will miss IMO 2050 CO2 reduction targets unless drastic action is taken

The shipping industry will miss the climate change reduction targets set by the International Maritime Organization (IMO) unless it ‘future-proofs’ newbuilds and continues to invest.

According to new research from classification society DNV/GL, the problem lies in the fact that no shipowner can invest in new technology today and be assured that that it won’t be obsolete within the space of a decade or two.

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