Decarbonisation is an existential matter of survival but few credible plans to achieve it have emerged in shipping or the wider world, Asian shipping executives said today.

Asian Shipowners’ Association secretary general Yuichi Sonoda said it was vital significant progress in emission reductions was made in this decade if zero-emission targets for 2050 are to be hit.

“The critical decade for climate action is this — 2020 to 2030,” if a credible trajectory toward the longer-term goals was to be achieved, he said during a webinar on shaping the future of shipping in Asia.