Shipping Industry Prepares for MEPC 84 Amidst GHG Emission Reduction Challenges
The shipping industry is gearing up for the upcoming MEPC 84 meeting, reaffirming its commitment to the International Maritime Organization's (IMO) 2023 Strategy on GHG Emissions Reduction. Despite the postponement of new regulations, industry leaders continue to invest in alternative fuels and technologies. Everllence has successfully tested an ammonia-burning engine, highlighting ongoing efforts to meet net-zero emissions by 2050. However, challenges remain as shipowners await clarity on IMO rules, impacting investment in retrofitting existing vessels. 
