The global shipping industry can reduce emissions by nearly 50% by the end of the decade, according to a new study by CE Delft. These findings come as the International Maritime Organization (IMO) is about to reach an agreement on climate targets to reduce greenhouse gas emissions from ships in July.

The analysis shows that ships can achieve 36-47% emissions reduction by 2030 compared to 2008 levels by deploying 5-10% zero or near-zero emission fuels, wind-assist technologies, and by “climate optimising” the speed of ships.