The IMO highlighted a series of recent initiatives, from the adoption of an action plan to cut marine plastic litter, to the development of a global biofouling framework to stop invasive species.
The ship has a 7,500 car equivalent unit capacity, and is expected to deliver what Sallaum believes will be "substantial" reductions in carbon emission.
The IMO’s NZF won’t be effective in helping shipping decarbonize in line with the IMO’s strategy announced in 2023 or ensuring a level playing field, the group of shippers said.
Larger ships have been leading the transition, with alternatively-fueled vessels accounting for 81% of all orders for ships with capacities of 8,000 TEUs or more
Despite a recent downturn in contracting, the existing order pipeline remains sizable, equal to nearly one-fifth of the current global product tanker fleet.
The company has been upgrading its shipbuilding facilities, including £200 million for the Type 26 anti-submarine frigate in Glasgow, to try hit its goal.
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