Cyprus Shipping Chamber welcomes IMO decisions on decarbonisation

07:55 - 12 July 2023

Economy Reporter

The Cyprus Shipping Chamber has welcomed the decisions taken last week at the meeting of the 80th Session of the IMO Marine Environment Protection Committee (MEPC80), on the 2023 IMO Strategy on Reduction of Green House Gas (GHG) Emissions from Ships (2023 IMO GHG Strategy), that will see the shipping industry reach a net-zero GHG emissions target by 2050.

“The targets set in the Strategy are ambitious and the real challenge now starts,” the CSC said in an 11 July press release, adding that developing the measures that will see our industry reach both the set 2030 and 2040 checkpoint targets and the overall 2050 net-zero GHG emissions target, will require hard work and expert input to ensure that, while the measures will achieve the targets, at the same time they will also be pragmatic and implementable to allow the shipping industry to continue to serve the world economy and global progress on the way to achieving the 2050 target.

The Chamber noted it will now concentrate on providing input on the IMO work to develop the necessary measures.

The Chamber participated at MEPC80, with Marine Manager, Alexandros Josephides, as part of the Shipping Deputy Ministry delegation.

(Source: CNA)

Cyprus Shipping Chamber welcomes IMO decisions on decarbonisation

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