Decarbonisation is one of the most written-about topics in Lloyd’s List. Read our daily briefing on any given day and it will more than likely contain at least one story dedicated to the industry’s journey towards net zero.

And there’s good reason for that too. It dominates shipping headlines and touches every corner of our industry and 2025 could be a pivotal year in shipping’s long history. Not only are there major changes to the European Union’s FuelEU and Emissions Trading System about to come into force, but many believe the world’s first international carbon levy could be agreed at the International Maritime Organization during meetings of its Marine Environment Protection Committee later this year.

So, how likely is it that shipping gets a firm agreement from the IMO that carries some weight? And, if nothing is agreed, then what does the future of the regulator look like? To talk you through what could be a momentous year in securing shipping’s future, here’s multimedia editor and former sustainability editor Declan Bush, and Lloyd’s List editor-in-chief, Richard Meade.