The global shipping industry has reduced more than 10% of carbon emissions between 2007 and 2012.
That’s according to a report by the International Chamber of Shipping (ICS) which stated the sector could reduce emissions by 50% by 2050.
Citing the International Maritime Organisation (IMO), it added carbon emissions from the industry represent 2.3% of the world’s total.
The IMO has set a target in which all ships built from 2025 must be 30% more efficient than those built in the 2000s, stated ICS.
The rule applies to more than 95% of the world merchant fleet.
Peter Hinchliffe, ICS Secretary General said: “The entire world fleet is about 20% more efficient than in 2005. With the support of the shipping industry, IMO has already achieved a great deal and is the only forum that can deliver further significant CO2 reductions from international shipping.”