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MEPC 85: Greek shipowners back Liberia-Panama proposal ahead of IMO talks

The Union of Greek Shipowners (UGS) wants emission targets determined by what the bunker market can actually supply, ahead of IMO talks on 1 September.

  • Greek shipowners UGS supports Liberia-Panama proposal for IMO talks.
  • UGS believes emission targets should align with bunker market availability and pricing.
  • UGS welcomes proposal's focus on vessel energy efficiency and targets.

What Is a False Flag Vessel, and Why Is the Problem Growing?

What Is a False Flag Vessel? A false flag vessel is a ship that broadcasts the flag of a country whose maritime administration has not authorized the vessel to fly it.

  • False flag vessels deceive by claiming unauthorized flags.
  • 580 false flagged vessels as of Q2 2026, up from 22 in 2026.
  • 90% of vessels evade Western sanctions, Russia and Iran major drivers.

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