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

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

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.

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.