2023 State of the Ocean Freight

IMO 2023 is a series of new international regulations that targets vessel efficiency and carbon intensity with hopes to reduce the carbon emissions of all ships by 40% (by 2030) and 70% (by 2050). So, what changes does this bring and why?

State of the Ocean Freight - 2023

We are years beyond the first days of COVID-19, when supply chains were abruptly hit with challenges they’d never faced before. In the ocean freight field, all eyes turned to the movement of cargo and shipping over the ocean, which has led to an evolution of new practices and regulations.

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