Shipping’s carbon footprint has fallen over 20% over the past decade, but the industry still has some way to go to meet IMO targets, according to Clarksons Research analyst Trevor Crowe.

“The world fleet’s ‘footprint’ is estimated at 819 million tonnes of CO2 this year, and IMO targets aim for a 50% reduction by 2050 compared with the 1bn tonnes in 2008,” Crowe said.