As precious time was lost in procedural wrangling, a “High Ambition Coalition” of progressive states, together with some prominent industry segments that recognise that shipping must change, have their work cut out for next April when the strategy is due to be finalised.
The CSC presented a study to the meeting which showed that limiting ship speed could, by 2030, see CO2 emission reductions of up to 33% from the three main ship types: containers, tankers and bulk carriers. This would result in a global in-sector saving of around 200 million tonnes of CO2 annually. Significant additional emission reductions from slow steaming can be expected from the other ship types, which are currently responsible for 48% of total ship emissions.
The study suggests that the economic impacts of reduced ship speed on countries far from major markets may be less than a tenth of a percentage point of GDP. Also, such impacts do not take account of the significant cost savings that accrue from reducing speed and burning less fuel, meaning that any speed regulation will likely provide a net financial benefit.
Bill Hemmings, shipping director at Transport & Environment, said: “Operational speed reduction is the only measure on the table that can deliver the substantial and immediate short-term emissions reductions that the Paris agreement demands. It’s very feasibility may well be the overriding motivation for the heavy pushback. It can be implemented globally, regionally or between ports. If, after 20 years of work, the IMO’s three-step approach to the climate crisis – report, analyse, decide – really only amounts to talk, talk, talk, then we should draw the obvious conclusion.”
Note to editors:
 The Clean Shipping Coalition (CSC) is the only global international environmental organisation that focuses exclusively on shipping issues. Its eight members include Seas at Risk and Transport & Environment.