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The New Global Shipping Reality: A Guide to the IMO Net-Zero Framework, the Global Emissions Price, and the 2027 Fuel Standard

U.S. President Donald Trump renewed his opposition to the IMO's Net-Zero Framework at the UN General Assembly, warning the proposed emissions pricing system would inflate global freight costs.

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U.S. President Donald Trump addresses the United Nations General Assembly, renewing his opposition to the IMO's proposed emissions pricing framework.From: US President Attacks Global Shipping Carbon Tax at UN as Decarbonization Target Slips

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Key numbers

85%
Global shipping emissions covered
5,000 GT
Minimum vessel size for compliance
23.5–35.3%
Effective 2030 cut required for large ships
19.0 gCO₂eq/MJ
Zero/near-zero fuel intensity threshold

From: The New Global Shipping Reality: A Guide to the IMO Net-Zero Framework, the Global Emissions Price, and the 2027 Fuel Standard

Charts, maps and images

The framework targets the largest ocean-going vessels, capturing the vast majority of global shipping emissions.From: The New Global Shipping Reality: A Guide to the IMO Net-Zero Framework, the Global Emissions Price, and the 2027 Fuel Standard ·
Because smaller vessels are exempt, large operators face a steeper decarbonization curve to meet sector-wide goals.From: The New Global Shipping Reality: A Guide to the IMO Net-Zero Framework, the Global Emissions Price, and the 2027 Fuel Standard ·
The well-to-wake approach ensures emissions are not simply shifted upstream to fuel producers.From: The New Global Shipping Reality: A Guide to the IMO Net-Zero Framework, the Global Emissions Price, and the 2027 Fuel Standard ·
Illustration: The proposed Net-Zero Framework would apply to vessels above 5,000 gross tonnage, which account for 85 percent of maritime emissions.From: US President Attacks Global Shipping Carbon Tax at UN as Decarbonization Target Slips ·
The International Maritime Organization will hold an extraordinary session in December 2026 to vote on the emissions framework.From: US President Attacks Global Shipping Carbon Tax at UN as Decarbonization Target Slips ·
The IMO Net-Zero Fund will help finance the global infrastructure needed to supply alternative marine fuels.From: The New Global Shipping Reality: A Guide to the IMO Net-Zero Framework, the Global Emissions Price, and the 2027 Fuel Standard ·

Timeline

September 2026

  1. US President Attacks Global Shipping Carbon Tax at UN as Decarbonization Target Slips

August 2026

  1. The New Global Shipping Reality: A Guide to the IMO Net-Zero Framework, the Global Emissions Price, and the 2027 Fuel Standard