The International Maritime Organization has delayed a decision on adopting the Net Zero Framework until October 2026.
Last week at the Marine Environment Protection Committee (MEPC) meeting in London, a majority of 57 member states voted to adjourn the meeting for one year, while 49 voted to continue.
This means that the earliest the rules could come into force would be 1 March 2028.
The framework aims to reduce greenhouse gas (GHG) emissions in global shipping by phasing out fossil fuels and establishing a global fuel standard, a pricing mechanism for non-compliant ships and a reward system for using clean fuels.
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