Why shippers should hope the IMO vote passes

Freight buyers will bear the cost of the IMO Net-Zero Framework outcome either way, and a failed October vote is the more expensive path, Baxter Freight argues.

• Framework approved in principle April 2025, then adjourned 57–49 in October 2025 under political pressure
• If passed now, earliest application would be 2028
• EU ETS maritime and FuelEU already in force and already on invoices
• A failed vote would likely spur more regional carbon schemes, multiplying surcharges on single shipments