A Setback or a Turning Point? The Industry Must Decide.
The failure to adopt the IMO’s Net-Zero Framework has left the shipping world at a crossroads. Uncertainty is growing, investment decisions are being delayed, and trust in global cooperation, the very foundation of our progress, is being tested.
Yet amid this uncertainty, a new kind of leadership is emerging. Ports are preparing for multi-fuel futures. Shipowners are accelerating their fleet transitions. Banks and cargo owners are demanding proof of progress. The framework may be delayed, but the transition isn’t.
In his latest commentary, Mark Watts Director LP Brussels Previously CEO of UK, Transport in Europe and former MEP argues that the IMO’s failure wasn’t just procedural; it was philosophical. It was a test of trust, fairness, and purpose, and it’s one that industry can no longer afford to wait on politicians to solve.
This is a call to rediscover purpose and act. Download the article now to find out more!