It is disappointing that an agreement could not be reached to adopt the Net Zero Framework at the IMO.

As a long-standing advocate of a global carbon pricing mechanism, the UK Chamber of Shipping has consistently championed international collaboration to drive meaningful decarbonisation across the maritime sector.

We trust that the international community, under the leadership of the IMO, will work towards a new way ahead, and the UK Chamber stands ready to engage in this process with all our global partners.