![]() |
American Bureau of Shipping (ABS) Chairman and CEO Christopher Wiernicki has called on the International Maritime Organization (IMO) to pause and reconsider its Net-Zero Framework (NZF), arguing that current regulations fail to recognize the role of LNG and biofuels in shipping decarbonisation.
Speaking at the launch of its '2025 Sustainability Outlook, Beyond the Horizon: Vision Meets Reality', Wiernicki said: "Shipping and the IMO are on different trajectories. There is no clear pathway for green fuel availability, scalability, and infrastructure support. LNG and biofuels are mission critical to any success and should not be overlooked, over-penalized, or discarded in the net zero regulation."
The ABS chief described achieving net zero for shipping by 2050 as looking "like a wildcard" and urged the IMO to "take a timeout" to develop a framework that "marries ambition with reality."
According to the seventh edition of ABS's annual sustainability report, shipping's absolute emissions continue to climb despite progress on carbon intensity, remaining 121% above the 2008 baseline. The report warns of sharply increasing compliance costs, with modeling showing a typical vessel trading within the EU could see daily operating costs rise from approximately $15,000 in 2028 to around $45,000 by 2035.
Wiernicki outlined what he described as maritime decarbonisation's "three-part calculus": 70% fuel selection, 15% energy efficiency, and 15% performance optimization. He argued that the 30% beyond fuel represents where "the most immediate and scalable gains can be achieved" given the current scarcity of green and blue fuel variants globally.
The ABS executive defended LNG's role as a bridging fuel, stating: "We need to protect the bridge, which is LNG with methane-slip controls and credible bio-/e-LNG pathways, to extend the runway, which is energy efficiency technologies and onboard carbon capture, to cut well-to-wake emissions and prepare the endgame: nuclear and zero-carbon fuels when they are safe, insurable, and investible at scale."
The report claims LNG is "over-penalized" in the early 2030s despite underpinning blue fuels and keeping hard-to-abate segments compliant, provided methane slip is addressed and pathways to bio-/e-LNG are opened.
ABS's outlook also highlights an impending retrofit capacity crunch at shipyards and acknowledges what it describes as the "game-changing potential" of nuclear propulsion technology beyond 2035.
|
The importance of fast turnaround times for bunker fuel analysis in today’s market | Thomas Schmidt, VPS
Rapid and reliable fuel quality intelligence is critical to protecting vessels, machinery, operations and commercial performance. |
|
|
|
||
|
BTB achieves record bunker volumes in March
De Wit celebrates achievement with pizza delivery to office staff and vessel crews. |
|
|
|
||
|
Flex Commodities seeks accounts and admin executive for Singapore office
Bunker trader recruiting for finance role requiring up to five years’ experience. |
|
|
|
||
|
Cargill hiring marine fuels sourcing specialist in Houston
Agricultural commodities trader recruiting for bunker procurement role with minimum four years' experience. |
|
|
|
||
|
Arte Bunkering promotes Ron Wong to trading manager after six years
Wong has built relationships with clients and the team during his tenure at the company. |
|
|
|
||
|
Liquid Wind parent company declared bankrupt, business put up for sale
Swedish e-fuel facility developer enters bankruptcy proceedings, with subsidiaries across three Nordic countries now available for acquisition. |
|
|
|
||
|
Corvus Energy and BYD Energy Storage sign strategic agreement for marine battery development
Norway-based Corvus and Chinese firm BYD formalise partnership for next-generation lithium iron phosphate systems. |
|
|
|
||
|
EMSA to host webinar on hydrogen as marine fuel
Second episode of Tide Talks series scheduled for 29 June draws on agency studies. |
|
|
|
||
|
Keel laid for MSC 19,000-teu LNG dual-fuel container ship
Vessel CHB2047 is being built at Changhong International’s Daishan facility in Zhoushan. |
|
|
|
||
|
NYK achieves over 90% methane oxidation in LNG engine catalyst trial
Japanese shipping company reports results from onboard test of system designed to reduce methane slip. |
|
|
|
||
| SBM Offshore's floating ammonia production design gets ABS approval [News & Insights] |
| ABS approves HD Hyundai Mipo's dual-purpose LNG carrier and bunker vessel design [News & Insights] |
| IMO approves pricing mechanism based on GHG intensity thresholds [News & Insights] |
| Keel laid for LNG dual-fuel crude oil tanker [News & Insights] |
| KPI OceanConnect launches podcast series on bunker markets and geopolitical risk [News & Insights] |
| Shell completes first LNG bunkering operation with Hyundai Glovis in Singapore [News & Insights] |
| Peninsula expands biofuel capabilities in Rotterdam [News & Insights] |
| LNG-fuelled ships account for 79% of alternative fuel orders in 2025, SEA-LNG reports [News & Insights] |