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The maritime industry is setting new targets to reduce emissions and become more environmentally friendly. At the Greenhouse Gas conference by the International Maritime Organization (IMO), a net zero target for all forms of shipping by 2050 was announced. Intermediate targets for 2030 and 2040 were also revised. This will require emissions tracking, measurements, and prescriptions, affecting logistics and supply chain stakeholders. Companies like COSCO SHIPPING Lines and A.P. Moller – Maersk will likely have to revise their carbon neutral deadlines. This shift in regulations opens up opportunities for specialists in the shipping industry.
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