NZF’s top carbon price isn’t high enough to force a fuel switch, GCMD reports
A report by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) says the IMO’s Net-Zero Framework (NZF) is unlikely to drive a major shift to green fuels if the proposed carbon price remains at US$380/tCO2e. More than half of shipping’s energy in 2050 could still come from fossil fuels under the current proposal. Increasing the carbon price to around US$700/tCO2e could raise low- and zero-carbon fuels to about 61% of ship energy use. Although green ammonia may be cheaper to produce than green methanol, its higher handling and bunkering costs largely offset that advantage. GCMD CEO Lynn Loo noted that while US$380/tCO2e may be insufficient, it is still better than having no carbon price at all.
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Europe wants IMO to write a new AI rulebook for shipping
29 European countries and the International Association of Classification Societies (IACS) have proposed that the IMO develop global standards for AI used in ship navigation and communication systems. The proposed rules would apply not only to autonomous ships but also to AI systems used on conventional vessels. They would cover areas such as data quality, cybersecurity, transparency, reliability, and human oversight. The goal is to ensure AI can be used safely in functions such as collision avoidance and navigational decision support. If approved, the standards could be adopted by 2029.
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Abu Dhabi emerges as container shipping’s Hormuz shuttle operator
Abu Dhabi, mainly through AD Ports Group, has become the key operator maintaining container traffic through the Strait of Hormuz while most major global shipping lines continue to avoid the route due to security risks.
Container volumes remain far below pre-conflict levels, and freight rates are still exceptionally high. The current feeder network increasingly resembles the shuttle tanker model used for Gulf oil exports, with state-backed operators assuming risks that commercial carriers are unwilling to take.
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