- The marine sector accounts for 2% - 2.5% of global greenhouse gas (GHG) emissions, nearly 940 million tons of CO2 per year.
- Maritime regulations mean that between 2023 and 2026 non-compliant fossil fuel ships will be phased out, creating a major operational challenge for over 70,000 existing ships.
WORLD FLEET CO2 EMISSIONS
In 2019 the world fleet emitted 614 tons of CO2.
Bulk shipping* accounts for 59.9% of that.
*Dry Bulk, General Cargo & Tankers (Gas, oil, chemical)