Some of the world’s largest ship charterers and operators reported improved decarbonization performances in 2025, according to an annual industry report June 11, highlighting more use of biofuels and energy-saving devices amid regulatory uncertainty.

The 32 signatories of Sea Cargo Charter, which together handle 14% of global seaborne wet and dry bulk trades, missed the International Maritime Organization’s minimum trajectory for greenhouse gas emissions reduction by 11.6% in 2025.

This is compared with a misalignment of 12.2% in 2024.

The companies’ performances were benchmarked against the IMO’s targets to reduce lifecycle GHG from international shipping by at least 20% by 2030, 70% by 2040 against 2008 levels before reaching net zero close to 2050.

The 2026 Sea Cargo Charter Annual Disclosure Report reveals that, of the 29 signatories that also reported their…