International Maritime Organization (IMO)

IMO Postpones Net Zero Framework Vote Due to US Opposition in Late 2025

Late 2025, following strong US opposition and threats of sanctions, the International Maritime Organization (IMO) delayed voting on its Net-Zero Framework (NZF) for shipping emissions until October 2026 - this postponement jeopardizing global decarbonization efforts while EU sustainability reporting simplifications and new CII guidelines advanced rapidly; industry leaders requested clarity.

IMO Advances Its Historic Net-Zero Framework with 2030 Emission Targets for Global Shipping

In April 2025, the International Maritime Organization's Marine Environment Protection Committee unanimously approved draft regulations mandating at least 20% reductions of GHG emissions by 2030 from 2008 levels for large ocean-going ships. This framework comprises fuel standards and pricing mechanisms set for adoption in October 2025 with entry into force scheduled for 2027 - marking shipping's first global binding net-zero pathway towards 2050.

Panama Is Re-Elected as an IMO Category A Seat; Canal Completes Strong FY2025 with Record Transits

Panama re-elected to the International Maritime Organization Council's Category "A" category on December 1, 2025. The Panama Canal Authority also reported results for Fiscal Year 2025 highlighting the recovery from the drought. "The Authority reported a significant fiscal year 2025 as it restored its numbers and reelected to the International Maritime Organization Council’s ‘Category A’ category on 1 December 2025. “With transits up 19.3% year on year to 13,404 vessels and cruise operations returning with cruise line Queen Elizabeth doing her transit,” wrote cruise industry writer David Eads.

EU Shipping Emissions Hit Record High as Implementation of an IMO Net Zero Framework Is Delayed

Europe's shipping emissions in 2024 climbed 13% year-on-year to a new record high since mandatory reporting began in 2018, driven primarily by container ships taking longer routes via the Red Sea and moving cargo more frequently through disruption zones. At the IMOs 2024 Spring meeting in London, the US government successfully convinced those present to delay a vote on their landmark Net-Zero Framework Framework until October 2026, raising the risk of a derailment in the maritime decarbonization efforts.

Classification Societies Advance Digital Innovation and Emissions Compliance Standards

Classification societies have markedly increased the level of regulatory and technical updates between November and December 2025, focussing on emission reporting deadlines, lifting appliance requirements and new technology approvals. Among these, the U.S. Coast Guard have published updates to their Alternate Compliance Program, and there are also revisions to SOLAS, among other guidance around lifting equipment.