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IMO Green Deal: Framework and Impact on Dry Bulk Freight
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Report summary
This document delves into the International Maritime Organization's (IMO) Net-Zero Framework, which aims to reduce greenhouse gas (GHG) emissions from international shipping to net zero by 2050. Learn about the two-tiered compliance system for Greenhouse Gas Fuel Intensity (GFI) targets, the timeline for implementation, and the implications for freight rates, particularly in the dry bulk market. The report also explores the economic impacts on ship owners and operators with a scenario analysis using a typical Capesize bulk carrier on the Brazil to China route—one of the world's longest iron ore trade routes.
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What's included
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