Against a backdrop of this week’s IMO meetings on GHG emissions, tracking the annual CO2 output of the shipping industry is today more important than ever. The world fleet’s ‘footprint’ is estimated at 819 million tonnes of CO2 this year, and IMO targets aim for a 50% reduction by 2050 compared to the 1.0 billion tonnes in 2008 (see SIW 1,391), so putting these figures into some context can be important.

For the full version of this article, please go to Shipping Intelligence Network.