The maritime industry is at a turning point. We fully support the IMO’s goal of reaching net-zero emissions by 2050. But ambition must match reality. A successful transition must be globally enforceable, operationally practical, and economically fair, not fragmented across regions or policies.
Recent delays in the IMO’s Net Zero Framework timeline should not be seen as a setback. They create space for solutions that cut emissions now while strengthening business performance. Speed optimisation, data harmonisation, and smarter voyage management already deliver proven environmental and commercial results. These are not interim measures; they are strategic steps forward.
BIMCO represents two-thirds of the world’s deadweight tonnage, spanning every shipping segment. We will continue to provide technical and operational expertise to governments and regulators, and to help our members understand and apply new rules.
We act quickly where trade and regulation intersect. In response to U.S. tariffs on Chinese-built ships, we issued a USTR clause to clarify risk and responsibility in charter parties. We are now drafting a similar clause addressing new Chinese port fees for U.S. vessels. Our goal: keep global trade moving with clarity and confidence.
Shipping faces growing geopolitical and regulatory pressure, but the path forward is clear. By staying united, disciplined, and pragmatic, we can build a competitive, resilient, and sustainable maritime future.
Written by: David Loosley, BIMCO Secretary General & CEO
