- The world needs a strong global deal on CO2

The international shipping industry encourages world leaders to agree strong global deal on CO2 making it clear that plotting a low-carbon course is the only way forward.

As a global industry subjected to a global regulatory framework through the IMO, shipping is not a part of the national pledges made during the COP21-negotiations. The outcome will nonetheless be of importance for the shipping industry:

- We are closely watching the COP21-outcome, the world needs a strong deal, and our industry needs a strong signal, that the world is truly committed to appropriate action, Mr. Henriksen says.

The world`s population will grow quickly over the next decades and is expected to hit 9 billion in 2050. This will fuel an increase in global demand for trade and energy, putting extraordinary pressure on the transport and energy sector at a time when global CO2 emission cuts are key. Through a combination of global IMO-regulations and technological advances shipping is moving firmly towards an ever-decreasing carbon footprint:

-Bigger and more efficient vessels, technological advances, new technologies and operations optimisation on board are important emissions reducing measures. Since 2010 our members have reduced their CO2 emissions with nearly 20 percent per sailed mile, says Sturla Henriksen, CEO of the Norwegian Shipowners’ Association.

Norway has the largest LNG fleet in the world. Both battery and fuel cell technology are examples of alternative energy sources in use today on Norwegian ships.

-This shows that the measures taken are working, and that shipping are part of the climate solution, he adds.

Global regulations are possible

Shipping is the only industry that already has global CO2 regulations in place.  IMO rules already adopted require all ships built after 2025 to be at least 30% more fuel efficient. As part of the industry`s contribution to the 2-degrees pathway, the global shipping industry is committed to reducing CO2 per tonne-km by at least 50% before 2050.

With full industry support, IMO is now developing additional global measures.  The next step will be the collection of CO2 emissions data from individual ships, which the industry would like to see mandatory as soon as possible. This will provide the basis for future possible CO2-regulations. These must apply to the entire international fleet, which is why IMO action is so important. No one can be left behind if climate change policies for shipping are to have real and lasting effect.

- The parties to COP21 must follow up their commitments here in Paris, and continue their efforts to reduce climate change by supporting other UN-bodies where specific regulations are developed, such as the IMO. This is the real test of global leaders` commitment to fight climate change, Henriksen concludes.