UK calls for zero shipping emissions by 2050

The UK government has called for the shipping industry to reach zero global emissions by 2050, another example of the focus on decarbonisation in the maritime industry.

The call comes on the first day of London International Shipping Week, although the target must be agreed through the International Maritime Organisation (IMO). Shipping currently accounts for 3pc of global emissions, according to the government.

"As a maritime nation with a rich history, and host of Cop 26 this year, we are proud to be at the forefront of the greener era for maritime, charting an international course for the future of clean shipping," transport secretary Grant Shapps said.

The International Chamber of Shipping recently outlined a plan for a global carbon levy to accelerate decarbonisation in the shipping industry.

And Maersk chief executive Soren Skou last week called on the IMO to phase out production of fossil-fuelled ships in an attempt to decarbonise the industry, following the European Commission's example of proposing to end combustion engine car production in 2035.

By Saleem Rizvi