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Published by Global Trade Magazine, August 15, 2025
August 26, 2025 • 1-minute read
In an article for Global Trade Magazine, Kilian de Cintré, Afzaal Abidi, and Eleanor Connolly* examine the International Maritime Organization’s newly approved Net-Zero Framework, which amends MARPOL Annex VI to mandate phased emissions reductions for large ships starting in 2028.
The framework introduces tradable “Surplus Units,” paid “Remedial Units,” and an IMO Net-Zero Fund to incentivize low-emission fuels and technologies, while also supporting developing countries. Although it provides long-awaited regulatory clarity and opportunities for early adopters, the authors note concerns that reliance on LNG and first-generation biofuels may undermine long-term climate goals and fall short of aligning with the 1.5°C pathway.
Read more here.
*Eleanor is a trainee solicitor in the London office.
This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.
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