In an age when climate change is one of humanity’s most pressing challenges, the maritime industry stands at a critical crossroad.

With over 90% of global trade transported by sea, shipping is not only vital for economic stability but also pivotal in addressing climate goals. Efficiency, innovation, and sustainable practices not only make good business sense, but they can also be our guiding stars as we navigate the waters toward a greener, more sustainable and successful business environment. 
At the Grimaldi Group, we welcomed five G5-class ro-ro multipurpose vessels into our fleet. These state-of-the-art ships incorpo- rate cutting-edge technological solutions designed to enhance energy efficiency and minimise environmental impact. This is 
just one example of how our sector is embracing transformative change. However, the stakes are high, and our industry must accelerate its efforts to achieve ambitious decarbonisation targets. 
PORTS AND SHIPPING: PARTNERS IN DECARBONISATION 
Shipping and ports are two sides of the same coin, both indispensable to global trade and integral to achieving climate goals. As we look to decarbonise, shipping will play a central role in trans- porting 50% of the world’s future green fuels—fuels essential for governments and industries aiming to meet net-zero ambitions. However, this vision can only become a reality with the necessary port infrastructure in place to provide bunkering and refuelling for alternative fuels such as hydrogen and its derivatives. Unfortunately, the pace of development for these alternative fuels has been slow. Availability remains limited, costs are high, and shipowners lack the incentives to adopt these technologies at scale. A significant hurdle lies in addressing both supply and de- mand economics. We must streamline regulatory frameworks and ensure the transition to low-carbon fuels is practical and globally coordinated. 
As those who have been watching the International Maritime Organization closely, we at the International Chamber of Shipping (ICS) have been advocating for a flat-rate contribution system per tonne of greenhouse gas emissions for some time now. This initiative, which is a ‘levy-based’ GHG contribution by ships, per tonne of CO2e emitted, which is now supported by majority of IMO Member States. Our proposal has two key purposes; to reduce ‘cost gap’ between zero/near zero fuels and conventional fuels and incentivise accelerated uptake; and significantly, to provide billions of dollars to support the transition in developing economies. 
This represents a pragmatic, globally applicable solution to fund the industry’s decarbonisation while levelling the playing field for all operators and regulators, a win-win for all involved. 
HARNESSING INNOVATION FOR SUSTAINABLE SHIPPING 
While the industry awaits broader governmental action, immediate gains can be achieved through efficiency measures. For example, air lubrication systems, which reduce friction between a ship’s hull and the water, offer dual benefits: enhanced energy efficiency and reduced Underwater Radiated Noise (URN). This technology is a win-win, delivering compliance with IMO’s greenhouse gas (GHG) regulations and reducing the environmental impact on marine ecosystems. 
Similarly, ship design is evolving to optimise fuel consumption and minimise emissions. Digitalisation, too, is revolutionising maritime operations. By integrating technologies like the Internet of Things (IoT), big data analytics, and artificial intelligence, shipping companies can enhance vessel performance, improve safety, and streamline supply chain management. These innovations enable predictive maintenance, optimise routes, and reduce downtime— helping us sail toward a more efficient future. 
The ICS has produced a suite of publications and e-learning materials to guide shipowners and operators through the complex process of decarbonisation. These resources provide actionable insights, offering a roadmap for adopting new technologies and practices. 
INVESTING IN PEOPLE AND TECHNOLOGY 
None of this progress would be possible without significant in- vestment in both technology and people. As the industry adopts advanced digital solutions and alternative fuel technologies, it is crucial to ensure that seafarers are equipped with the skills they need to operate these new systems effectively. 
Through initiatives such as the Maritime Just Transition Task
Force and the ongoing review of the STCW (Standards of Training, Certification, and Watchkeeping), we are working to future-proof seafarer training. This ensures that the workforce is ready to meet the demands of a rapidly evolving industry.
Additionally, de-risking investments in innovative technologies
is essential. Stakeholders across the maritime value chain—from shipowners to financiers—must have access to secure funding to develop and deploy sustainable solutions. By fostering collaboration between public and private sectors, we can accelerate the transition to cleaner shipping. 
A GLOBAL INDUSTRY REQUIRES GLOBAL SOLUTIONS 
Shipping is a global industry, and our challenges require glob-
al solutions. The IMO’s ambitious targets for 2050 are both a challenge and an opportunity. With innovation, investment, and collaboration, we can transform our sector into a beacon of sustainable progress. 
Efficiency is more than just an operational goal—it is the foundation upon which the future of maritime shipping will be built. By embracing technological advancements, investing in people and infrastructure, and prioritising sustainability, we can succeed economically and environmentally.
*Chairman of the International Chamber of Shipping