by Aleksandar-Saša Milaković, Staff Engineer, Bearing AI

The International Maritime Organization (IMO) has set a bold objective for industry emission targets, among others, the ambition to get shipping to net-zero by 2050.

However, many claim that the sector may only meet the deadline with proper financial incentives.

While the push for a suitable market mechanism is clear, the construction of that mechanism - and its cost to shipping companies - remains uncertain. Download PDF