Dr Kostas Gkonis, Secretary General of INTERCARGO said: “Following IMO’s decision regarding the Net Zero Framework, INTERCARGO reaffirms its support to the IMO as the sole global regulator capable of delivering coherent and effective measures for international shipping. We wish to see the current postponement as an opportunity for further dialogue. The time ahead should be used constructively and effectively to bridge differing positions among IMO Member States and to also ensure that the industry’s voice and input are heard and taken onboard.

“We invite Member States at IMO to work more closely among them but also in partnership with the shipping community towards agreeing on a regulatory framework that is realistic, practical, and globally workable.”