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Estimations by the IMO put shipping emissions at 20% lower in 2012 than in 2007, a drop from 2.8% to 2.2% of global greenhouse gas emissions.

The shipping industry’s focus on reducing CO2 emissions is a matter of survival, according to ICS secretary general Peter Hinchliffe.

NYK has seen an 18.1% reduction in its CO2 emissions per unit of cargo in FY2013, well exceeding the target it set itself in 2008 for a 10% reduction by 2013.

Countering the shipping industry's claims to be the most environmental friendly form of transport, United Nations Environment Programme (UNEP) executive director Achim Steiner claimed that shipping emissions were a serious risk to public health at the IMO’s World Maritime Day symposium.

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