Over 85 companies including shipowners, ports, fuel producers and technology providers have signed a joint statement, released on Wednesday (4 March), calling on Member States of the International Maritime Organization (IMO) to adopt the IMO’s Net-Zero Framework in 2026.
The companies recognised that the IMO has worked tirelessly together with governments, the private sector and civil society in developing the GHG Strategy and Net-Zero Framework.
“Shipping is the backbone of international trade. Global regulation for the sector creates a shared system that covers emissions from all international shipping: one set of rules that brings clarity for the industry, and a stronger signal to invest in new fuels and technologies,” the companies said.
They emphasised that business requires predictability and clarity to invest, particularly for new fuels, vessels, and infrastructure with long asset lifetimes.
“Confusion and uncertainty resulting from delay in the adoption of the Framework risks undermining international investment and growth in the solutions needed to enable shipping’s energy transition. Further delay will likely undo the significant progress and investments that are already underway.”
The signatories include Singapore-based X-Press Feeders, Spanish energy company Moeve, Fortescue, Future Proof Shipping, Finco Fuels and ETFuels.
Photo credit: Scott Graham
Published: 5 March, 2026
