Greener Vessels

Environmental reports have established that the global shipping industry contributes about 3% of world’s total carbon emissions. Projections estimated that this would gradually increase by 150 to 250% in the next 40 years.

With the awakening of the world’s consciousness to the idea of reducing greenhouse gas emission and the focus on the maritime industry, the International Maritime Organisation (IMO) is not leaving any stone un-turned in order to ensure that major players within the industry implement strict policies that are created to cut the emission level of greenhouse gases.

Compared to the other means of transportation, the maritime industry might be categorized as a latecomer to global environmental cleanup initiative. The industry has seen the drive towards “Green Vessels” with the introduction of Eco-friendly technologies in newer ship designs. These “Greener Vessels”, would pioneer the drive of the industry towards a greener future, safe and environmental friendly shipping process in the nearest future.

One of the major charting policy being monitored by the IMO is full compliance to global cap of 0.50 per cent on the total volume of sulfur in maritime fuel. The current cap is 3.50 per cent.The body has set Jan. 1, 2020 as the date of commencement of the enforcement regime.