The global shipping industry is preparing for new regulations as the International Maritime Organization (IMO) moves closer to finalising its Net-Zero Framework. For shipowners and operators, the key question is simple: what is coming, and how should the industry prepare?

The framework supports shipping’s long-term goal of reaching net-zero greenhouse gas emissions by 2050. It is being developed under MARPOL Annex VI, which means it is expected to become a mandatory, global regime once adopted.

At this stage, the framework has been technically developed but not formally agreed. Discussions at the IMO’s Marine Environment Protection Committee (MEPC) in 2025 ended without final approval, and further talks are expected. While timelines may change, the overall direction is becoming clearer.

The framework is built around two main elements. The first is a fuel greenhouse gas intensity standard, which looks at emissions across a fuel’s full lifecycle, from production to onboard use. Targets would tighten over time, encouraging the use of lower-carbon and zero-emission fuels.

The second element is a global pricing and reward mechanism. Ships that fall short of required performance levels would pay into the system, while those that exceed targets could receive credits or incentives. The funds raised are expected to support innovation, infrastructure, and capacity building, particularly in developing regions.

The framework is intended to apply to ships above 5,000 gross tonnage, covering most emissions from international shipping. While detailed rules are still being developed, the aim is to create a consistent approach across flag states and trade routes.

For now, the focus for industry is not immediate compliance but preparation. This includes improving fuel data quality, understanding lifecycle emissions reporting, monitoring fuel availability, and assessing how future costs may change. Many companies are also reviewing fleet strategy, charterparty terms, and fuel flexibility.

As an industry body, Emirates Shipping Association continues to monitor these developments and support informed discussion among members. While details will evolve, early awareness and preparation will help companies stay competitive as the framework takes shape.