Marine fuels conglomerate Bunker Holding, the world's largest bunker firm by sales volumes, has backed the IMO's revised strategy on GHG emissions.

The IMO's Marine Environment Protection Committee adopted a new strategy on Friday committing the shipping industry to net zero GHG emissions by about 2050, as well as setting non-binding goals for 2030 and 2040.

"The new IMO goals of net-zero around 2050 outcome of the MEPC 80 meeting is definitely an important step in the right direction," Keld Demant, CEO of Bunker Holding, told Ship & Bunker on Friday.

"Bunker Holding Group is well-prepared to follow this path and is looking forward to guiding our clients on their journey's towards reducing the CO2 emissions of the global maritime industry."