A recent Global Maritime Forum annual summit in New York saw the nonprofit’s initiatives target a more ambitious decarbonisation path, but it also saw speakers focus their attention on the need for the International Maritime Organization to take firmer, clearer action in the months ahead.

During the two-day event, industry leaders pointed to a need for the IMO to step up with a higher ambition and market-based measures to trim the price gap between fossil fuels and cleaner alternatives.

And some warned that the United Nations body is putting its relevance at risk if it fails to do so.