World Maritime News
WMNF 27/05/2026
Regulation experts see murky waters ahead for NZF talks
Outlook for the IMO’s Net-Zero Framework (NZF) remains uncertain following MEPC84, with experts divided on its prospects. While the NZF has not been dismissed, its adoption “as is” appears unlikely due to continued disagreement, particularly over carbon pricing. The US strongly opposes economic measures that leave key elements, such as the Net-Zero Fund, effectively stalled. Despite this, a majority of countries (about 59) support using the NZF as a basis for further negotiations. Alternative proposals from Japan and a Liberia-led group exist but have limited backing. Any significant revisions would delay both adoption and entry into force. As a result, shipowners and operators face ongoing uncertainty regarding future global regulations and long-term investment decisions.
Read more: Lloyd’s List
What to expect from the UK ETS
The UK Emissions Trading Scheme (UK ETS) will begin including shipping from July 1, but its scope is narrower than the EU ETS, as it currently excludes international voyages. While the financial impact may be limited, companies still face significant administrative burdens, particularly for monitoring, reporting, and verification (MRV), even for relatively small in-port emissions. Shipping is expected to have little influence on carbon prices due to its small share of total emissions. Some uncertainties remain, including emission factors, while the scheme’s future expansion to international shipping may depend on global climate negotiations at the IMO.
Read more: Lloyd’s List
First wave of ammonia dual-fuel cargoships set for delivery across multiple sectors
The first wave of large commercial vessels capable of operating on ammonia fuel is approaching delivery, marking a key milestone in maritime decarbonization. So far, 47 ammonia-fueled newbuildings and several retrofit projects have been ordered globally. Belgian shipowner CMB.Tech is leading adoption, with multiple vessels under construction across segments such as bulk carriers, container ships, gas carriers, and tankers. Notable projects include the Yara Eyde, which will launch Europe’s first ammonia-powered international container route. Other companies are also advancing ammonia adoption, including retrofits such as Norway’s Viking Energy, as well as newbuild vehicle carriers and tankers scheduled for delivery from 2027 onward. While order activity has slowed recently, ammonia is emerging as a promising zero-carbon fuel, with further expansion expected.
Read more: Lloyd’s List