The international shipping industry is responsible for the carriage of around 90% of world trade1. Shipping is the life blood of the global economy. Without shipping, intercontinental trade, the bulk transport of raw materials, and the import/export of affordable food and manufactured goods would simply not be possible.
Seaborne trade continues to expand, bringing benefits for consumers across the world through competitive freight costs. Thanks to the growing efficiency of shipping as a mode of transport and increased economic liberalisation, the prospects for the industry's further growth continue to be strong.

the importance of reducing air pollution from ships

According to a report from the Centre for Energy, Environment and Health, air pollution from international shipping accounts approximately for 50,000 premature deaths per year in Europe, at an annual cost to society of more than €58 billion. Although the shipping industry's international emissions were not explicitly mentioned in the Paris agreement, the United Nations’ global shipping body, the International Maritime Organization (IMO), wants to act now while the EU in parallel wants to include shipping in its 2030 reduction commitment, as proposed by the European Parliament.

the energy efficiency design index

The IMO's Energy Efficiency Design Index (EEDI), approved in July 2011, is the first globally-binding design standard aimed at abating climate change for the shipping industry since the Kyoto Protocol. It applies to (almost) all new ships and entered into force in 2013. The index requires new ships to become more energy efficient, with standards that will be made increasingly more stringent over time.

fuel efficiency

The most recent efficiency data indicates that new ships built in 2013 were, on average, 10% less fuel-efficient than those built a quarter of a century ago2. Bulk carriers, tankers, and container ships built in 2013 were on average 12, 8 and 8% less fuel-efficient than those built in 1990. The findings contradict the shipping industry’s narrative that it has been constantly improving its environmental performance.
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