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Maritime transport contributes to stimulating the development of civilisation. According to the European Environment Agency, around 1/4 of the total CO2 emissions in the EU in 2019 came from the transport sector, of which 71.7% were from road transport. The share of CO2 emissions from maritime transport is estimated to be about 3% of the world's. In terms of energy demand for moving a specific load over a specific distance, it is currently the cheapest form of transport. The International Maritime Organization's activities aim to reduce the environmental impact of this form of transport. The article discusses the expected effects of the regulations introduced until 2023. Regulations have a significant impact on the increase in transport costs. There may be far-reaching changes in the shipping market that have an indirect (rather unintended) effect due to the introduced regulations. "Side effects" can be very severe, especially for shipowners with a small number of ships. The article attempts to draw attention to such threats. [ABSTRACT FROM AUTHOR]

With stricter IMO regulations on CO2 taking effect in 2023 and ambitious goals to reduce carbon intensity by 2030, the maritime industry is scrambling to clean up its act. Conventional methods and equipment are now being reevaluated, upgraded or completely replaced. The difference between a short-term fix and a long-term sustainable option is how flexible vessels will be to use new energy sources or technology as they become viable. The review discusses the recent literature on renewable energy sources, technical and operational strategies for new and existing ships, technology maturity, and alternative fuels. It is found that the IMO's targets can be met by combining two or three technologies, or via a radical technology shift which can provide innovative, high-efficiency solutions from an environmental and economic standpoint. It has also been noted that policies and enforcement are essential management instruments for mitigating the unfavourable environmental effects of marine transportation and directing the maritime industry toward sustainability on a regional, national, and international scale. [ABSTRACT FROM AUTHOR]