June 2025 ABL Market Briefing
Join us for the ABL June Maritime Market Briefing, discussing the following topic:
Charting a Course to Net Zero: The IMO’s First Global Carbon Pricing Mechanism
MEPC 83 at the IMO concluded in April with the adoption of a net zero framework. It was a hard-fought outcome and, while it certainly falls short of what’s needed to fully meet the climate challenge, it marks a significant step forward – particularly in the current geopolitical climate and amid the declining appetite for international cooperation. The agreement will now be tabled for formal adoption at the extraordinary MEPC session in October.
The deal is undoubtedly ground-breaking, introducing a global price on carbon for the first time. It sends a clear market signal for investment in energy efficiency and low-carbon technologies. This presentation will cover the IMO’s net zero framework, including its development, compliance options, practical implications, and next steps for the maritime sector.
The technical presentation will be followed by a Q&A and a summary of last month’s high-value maritime case reports, which will only be presented to attendees in the room.
📌 Please note a change to our usual schedule: This month’s session will take place on Wednesday rather than our typical Thursday slot.
When: Wednesday 11th June, 9:30 AM UK time
Where:
- In-person: Lloyd’s Old Library, 1 Lime Street, EC3M 7HA, London. Arrivals from 9:00 AM for coffee, tea, biscuits and networking.
- Virtual: Zoom Webinar
The marine casualty case reports will only be presented to in-person attendees.
Learning Objectives
- You will gain a clear understanding of the IMO Net Zero Framework and its objectives
- You will be able to explain how the framework operates and its key mechanisms
- You will explore the various compliance pathways available under the framework
- You will gain insight into the risks associated with net zero technologies, fuels, and energy efficiency measures
Meet Our Panel
Colum Stevenson
Marine Civil Engineer
Case Reports
More on our Event
This is a CPD-accredited event by the Chartered Insurance Institute. Attendance in-person or online is worth 1 CPD point.
ABL Group is proud to actively support the maritime decarbonisation and the energy transition to alternative fuels through developed specialised in-house capabilities at pace with the evolving market
requirements to provide comprehensive advice and technical support, driving the industry’s target to
reach net-zero GHG emissions by 2050
Find out more about ABL Group’s Energy Transition expertise or download our maritime decarbonisation flier.