Greenhouse Gas emissions from the Maritime Shipping Industry are expected to increase globally. Developing countries, which play a significant role in international shipping, can improve Energy Efficiency in their shipping sectors for sustainable development. In the year 2013, IMO adopted a Resolution (MEPC.229(65)) on the Promotion of Technical Co-operation and Transfer of Technology relating to the Improvement of Energy Efficiency of Ships. This Resolution enabled provision of technical assistance to developing countries in areas of capacity building and demonstrable pilot projects towards improving energy efficiency in the maritime sector. An additional co-benefit is a low-carbon future.