22/10/2025
Last Friday, the ๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ ๐ฎ๐ฟ๐ถ๐๐ถ๐บ๐ฒ ๐ข๐ฟ๐ด๐ฎ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป (๐๐ ๐ข) concluded by a majority of Member Statesโ decision to postpone the formal adoption of the Net Zero Framework, a measure including a Global Fuel Standard and a pricing mechanism.
The decision? ๐ง๐ต๐ฒ ๐๐ ๐ข ๐ต๐ฎ๐ ๐ฐ๐ต๐ผ๐๐ฒ๐ป ๐๐ผ ๐ฑ๐ฒ๐น๐ฎ๐ ๐ฑ๐ถ๐๐ฐ๐๐๐๐ถ๐ผ๐ป๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐๐ถ๐ป๐ด ๐ผ๐ป ๐๐ต๐ฒ๐๐ฒ ๐บ๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐ ๐ฏ๐ ๐ผ๐ป๐ฒ ๐๐ฒ๐ฎ๐ฟ.
๐ช๐ต๐ฎ๐ ๐ฑ๐ผ๐ฒ๐ ๐๐ต๐ถ๐ ๐บ๐ฒ๐ฎ๐ป ๐ถ๐ป ๐ฝ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ?
The formal decision-making process will resume next year. The roadmap toward a global framework continues, but it has become much more difficult and uncertain. The Net Zero Frameworkโs timelines, such as the date of entry into force, will have to be pushed back.
๐ช๐ต๐ฎ๐ ๐ถ๐ ๐ฑ๐ผ๐ฒ๐ ๐ป๐ผ๐ ๐บ๐ฒ๐ฎ๐ป
This is not a withdrawal from the IMOโs net-zero targets. As such, the 2023 IMO GHG Strategy still stands. The Net Zero Framework has not been rejected but postponed. IMO will now work to address concerns and create unity among Member States. The commitment to decarbonization at a global level remains firm among many stakeholders, including ship owners and Member States.
๐ช๐ต๐ฎ๐ ๐ฐ๐ต๐ฎ๐ป๐ด๐ฒ๐ ๐ถ๐ป ๐๐ต๐ฒ ๐๐ต๐ผ๐ฟ๐ ๐๐ฒ๐ฟ๐บ?
Existing regulations, such as FuelEU Maritime, EU ETS and other regional schemes, continue to drive the energy transition. These frameworks already incentivize cleaner alternatives and will continue to shape the market ahead.
Dionysis Diamantopoulos, our Head of Alternative Fuels commented: "๐ช๐ฒ ๐ฐ๐ฒ๐ฟ๐๐ฎ๐ถ๐ป๐น๐ ๐ฑ๐ถ๐ฑ ๐ป๐ผ๐ ๐ฒ๐
๐ฝ๐ฒ๐ฐ๐ ๐๐ต๐ฒ ๐ผ๐๐๐ฐ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐น๐ฎ๐๐ฒ๐๐ ๐๐ ๐ข ๐๐ฒ๐๐๐ถ๐ผ๐ป ๐ฎ๐ ๐๐ต๐ฒ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐ญ๐ฒ๐ฟ๐ผ ๐๐ฎ๐ฟ๐ด๐ฒ๐๐, ๐ถ๐ป ๐บ๐ ๐ผ๐ฝ๐ถ๐ป๐ถ๐ผ๐ป, ๐ถ๐ ๐ผ๐ณ ๐ฝ๐ฎ๐ฟ๐ฎ๐บ๐ผ๐๐ป๐ ๐ถ๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ฐ๐ฒ. Whilst the momentum toward reducing GHG emissions is already woven into global targets as well as in regional frameworks like FuelEU and EU ETS, ๐๐ต๐ฒ ๐ฟ๐ฒ๐ฐ๐ฒ๐ป๐ ๐ฑ๐ฒ๐น๐ฎ๐ ๐ฑ๐ผ๐ฒ๐ ๐ป๐ผ๐ ๐ฝ๐ฟ๐ผ๐๐ถ๐ฑ๐ฒ ๐ฐ๐น๐ฎ๐ฟ๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐ฐ๐ฎ๐ป ๐ฏ๐ฒ ๐ฐ๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฒ๐ฑ ๐ฎ๐ ๐ฎ ๐๐ฒ๐๐ฏ๐ฎ๐ฐ๐ธ ๐ถ๐ป ๐๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ฟ๐ฎ๐ป๐๐ณ๐ผ๐ฟ๐บ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ถ๐๐ถ๐บ๐ฒ ๐ถ๐ป๐ฑ๐๐๐๐ฟ๐ ๐๐ผ ๐ฎ ๐ป๐ฒ๐-๐๐ฒ๐ฟ๐ผ ๐๐ฒ๐ฐ๐๐ผ๐ฟ. Having said that, we can utilise this extra time that is given to refine our approaches and accelerate innovation both from the side of the bunker industry but also from the side of shipowners, as we do retain the belief that the future of shipping remains green, and those who act now will shape it."
We view this as a moment to stay proactive, not passive. The industryโs transition toward low-carbon fuels continues, and so does our commitment to supporting it.
At Baseblue, we remain firm in our belief that alternative fuels are a practical, scalable, and immediate solution to reducing maritime emissions today. Contact us to learn about the new regulations affecting the maritime industry.
