IMO (International Maritime Organization) is a global organization within the UN whose main role is to establish a framework for the international maritime industry. The regulations from IMO are global standards related to design, construction, operation, and maintenance to ensure the industry’s environmental performance and safety.
In 2023, new regulations were presented aiming to further reduce of carbon dioxide emissions in the industry, for both existing and new ships. IMO intends to introduce new measures that promote increased fuel efficiency, and they also implement stricter rules for carbon dioxide emissions. Their goal with this is to help reduce the overall environmental impact of the maritime industry on a global level.
With the new IMO regulations, the requirements on the shipping companies are now increasing. One significant measure with a major impact on emissions is the speed. Shipping companies will therefore be compelled to sail at slower speed to meet IMO’s regulations.
By December 31, 2023, shipping companies must have implemented the necessary measures to reduce their carbon dioxide emissions and meet the requirements set by IMO. The anticipated consequences are longer transit times and a reduced capacity of approximately 10%, due to the decreased speed and the retirement of older vessels that do not meet the new requirements.
We want to make you aware of the current situation and inform you about the upcoming changes in the maritime industry.
If you have any questions, please feel free to contact us.
C Land Logistics.
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