SEA-LNG has issued a statement regarding differential treatment of LNG and other low-emission options within the proposed GHG Fuel Standard (GFS) mechanism.

The lobbying group said despite the limited time remaining before MEPC83, it remains confident that the current negotiations will continue to progress in a positive and cooperative spirit that will ultimately lead to agreement on a fit-for-purpose, robust, and enforceable legislative framework that will accelerate the maritime energy transition.

It went on to state the current IMO strategy is agnostic with respect to fuels and technologies that may be adopted by the industry to reduce GHG emissions from today and achieve net-zero greenhouse gas emissions by 2050 — a position that SEA-LNG has consistently supported. It is precisely this goal-based and technology neutral approach that is needed for the emergence of a multi-pathway future for shipping. Deviating from these principles will limit the sector’s effective compliance options, slowing progress on reducing GHG emissions, and increasing the costs of transition.