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New UCL and RMI study emphasises the critical role of GHG pricing in shipping’s energy transition
A landmark study from the UCL Shipping and Oceans Research Group and RMI has found that the inclusion of GHG pricing in the International Maritime Organization’s (IMO’s) policy framework will be critical in the shipping industry achieving a cost-effective energy transition.
7 days ago


Shipping banks remain exposed to latent systemic refinancing risks as a result of the energy transition and tightening shipping emission regulations, UCL study finds
Shipping banks remain exposed to latent systemic refinancing risks as a result of the energy transition and tightening shipping emission regulations, UCL study finds
Mar 26


Opportunities and risks for key maritime nations under alternative IMO scenarios
Report finds there is mixed alignment with IMO’s Revised Strategy among major maritime nations’ national policies: some countries’ transitions can be disadvantaged in scenarios of weak IMO policy. London, 19 th March 2026 - A new report from the UCL Shipping and Oceans Research Group finds that no major maritime nation is fully prepared for the tightening decarbonisation rules being negotiated at the International Maritime Organization (IMO). The study — the first systemati
Mar 19


LNG and methanol create path dependencies that divert investments from shipping’s long-term decarbonisation pathway, new study warns
Study by UCL academics finds that while LNG and methanol use as alternative fuels generate some knowledge spillovers and procedural regulatory learning useful for green ammonia, the main scalable zero emission shipping fuel, these benefits are likely outweighed by capital lock-in and the entrenchment of fossil fuel infrastructure, which then compete with, rather than enable the long-term solution. London, 12 th March 2026 - A new academic research paper finds that current i
Mar 11


New analysis warns there is no obvious compromise to the Net Zero Framework
London/Copenhagen, 19 th February 2026 - A new insight brief by the UCL Shipping and Oceans Research Group for the Getting to Zero coalition, titled "Uncertainty at the IMO: Three scenarios and their consequences for shipping’s transition” , concludes that of those options only the ‘as is’ (Net Zero Framework as agreed in principle in April 2025) has the potential to provide a credible, stable demand signal and revenue stream to support early and mass-market uptake of scala
Feb 19


International shipping can achieve 95%+ reductions in well-to-wake GHG emissions by 2050 with policy support, report shows
Report from ERM, UMAS and UCL shows that international shipping can achieve 95%+ reductions in well-to-wake GHG emissions by 2050 with policy support
Nov 7, 2025


Post-mortem on IMO’s Net Zero Framework discussions: UCL readout
UCL provides a detailed analysis of what happened and the implications on future adoption of the policy on mid-term measures for reducing GHG emissions.
Oct 24, 2025


New study reveals Korean and Chinese financiers and major European banks could be most exposed to climate risks in shipping
Korean and Chinese financiers have over half of their portfolio tied to oil and gas carriers most at risk of becoming stranded assets from shifts to a global low-carbon energy system. European banks follow closely, with Standard Chartered, ABN AMRO, ING Bank, SEB and Nordea each having over one-third of their portfolios tied to fossil fuel shipping.
Oct 21, 2025


Adoption of the IMO NZF delayed. Regional, national and corporate actors action urged to fill the gap
Many IMO member states reverse their support for policy action, pushing IMO’s adoption of regulation back by at least a year.
Oct 17, 2025


USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new research shows
The research by UCL and Kuehne Climate Centre, now available as a new interactive tool, reveals concentration of risk in top ship-owning...
Sep 22, 2025


2030 shipping goal at risk despite historic IMO agreement: New report
Shipping industry welcomed a major breakthrough with global agreement on the International Maritime Organization’s Net Zero Framework,...
Sep 16, 2025


Targeted distribution of revenues from shipping emissions pricing could help reduce global inequality
New research shows strategic distribution of revenues is essential to help vulnerable countries tackle dual burden of climate impacts and...
Sep 10, 2025


New report highlights the important role of voluntary insetting in accelerating shipping's energy transition, with caveats
London – 17.07.25 – New analysis by UCL Energy Institute, with the assistance of UMAS, analysing voluntary insetting schemes in the...
Jul 17, 2025


New analysis is a wakeup call for shipping industry’s leaders to get serious on voluntary climate standards, as time is running out
Analysis by UCL shows improvement in voluntary standard initiatives, but that current initiatives still fall short in relation to...
Jun 11, 2025


IMO’s Net Zero Framework sends a clear signal to shipowners to order ammonia dual fuel ships, but remaining uncertainties undermine early investment in e-fuels
Comprehensive study of IMO's Net Zero Framework shows ammonia offers optimal balance of mid-term competitiveness and flexibility for...
May 28, 2025


Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels
Fossil fuels set to be the minority of energy used in international shipping by 2040. But more work remains in setting guidelines and in...
Apr 11, 2025


New report assesses economic impact of IMO’s candidate GHG reduction measures on Nigeria’s shipping and trade
London, UK – 07.04.2025 – A comprehensive new report titled, "Impact Assessment of the IMO basket of candidate mid-term GHG reduction...
Apr 7, 2025


The uncertainty and instability created by a credit-trading policy architecture favours states with strong industrial policy
Analysis shows that cheapest, and most equitable energy transition is brought about by a high levy price (of 100-150 USD/tCO2e), combined...
Mar 26, 2025


Renewable energy-rich developing nations priced out of shipping’s $1.6 trillion energy transition opportunity
London, 20 March 2025 - A new study released today by UMAS and UCL Energy Institute Shipping and Oceans Research Group shows that poor...
Mar 20, 2025


Effectively promoting the energy transition and contributing to a just and equitable transition - further analysis
The IMO’s debates are considering modelling architectures, and what parameters might achieve in terms of: GHG reductions Promotion of the...
Mar 19, 2025
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