Energy and transition economics
2026-04-26
13 min read
12 sources
Maritime decarbonization 2026: ammonia and methanol after the IMO net zero framework
MEPC 83 set a global fuel intensity charge starting USD 100 per tonne CO2 equivalent in 2027, with EU FuelEU layered on top. The orderbook reads 17 percent LNG, 6 percent methanol, 3 percent ammonia. Maersk and CMA CGM have made opposite bets.
The IMO adopted the GHG net zero framework at MEPC 83 in April 2025, mandatory from January 1, 2027. It sets a USD 100 per tonne CO2 equivalent fuel intensity charge above the base trajectory and a USD 380 per tonne Direct Compliance Unit penalty on the stringent gap, the first universal carbon price on shipping. EU FuelEU Maritime, in fo...