At the Hamburg Sustainability Conference, Arsenio Dominguez of the International Maritime Organization highlighted the urgent need for the shipping industry to reduce its carbon emissions and embrace cleaner practices. Emphasizing the importance of immediate action, Dominguez proposed using innovative technologies like satellite route mapping and slow steaming to optimize fuel efficiency. The industry's heavy reliance on carbon-intensive fuels, such as heavy fuel oil, has led to increased scrutiny and calls for a transition to cleaner alternatives like hydrogen, ammonia, and biofuels. While these cleaner fuels offer environmental benefits, their adoption is hindered by cost and scalability challenges. Industry leaders acknowledge the necessity of decarbonization and are exploring ways to meet the IMO's emission reduction targets. Discussions around implementing a global carbon tax to incentivize greener practices are ongoing, with differing opinions on its structure and utilization of generated revenue. Despite challenges, there is a growing consensus within the industry to accelerate efforts towards sustainability, aligning with global goals to combat climate change. The upcoming decisions by the IMO on mandates for cleaner fuels and greenhouse gas pricing mechanisms indicate a positive shift towards a greener and more sustainable future for international shipping.