The Poseidon Principles, embraced by 80% of global ship finance, have aligned with the IMO’s net-zero emissions ambition by 2050, reflecting a commitment to climate action and transparency in maritime lending decisions. Despite industry challenges, such as port congestion and personnel shortages, the principles have shown significant progress in decarbonization efforts, with a +95.4% reporting percentage indicating growing industry recognition of the importance of transparency and collaboration in achieving sustainability goals. The publication of the 2023 Annual Disclosure Report highlights the shipping finance sector’s leadership in fostering a more sustainable future for the maritime industry.
Fuel Type: Others
Taking Action on Operational Efficiency (Operational Efficiency Ambition Statement Actions Report)
To analyze the experience and content of 26 shipping companies introducing 70 measures aimed at improving operational efficiency and reducing GHG emissions.
Based on this, in order to improve ship operation efficiency, the report describes key issues and related cases in which interested organizations, such as ship owners, charterers, management companies, ports, and terminals closely related to ship operation, should cooperate with each other.
2023 Maersk Sustainability Report
To introduce the ESG strategy and goal achievement plans pursued by Maersk, the world’s second-largest shipping company.
Onboard Carbon Capture – An overview of technologies to capture CO2 on board ships
To emphasize the necessity of applying onboard carbon capture and storage (OCCS) technology based on international maritime decarbonization regulatory trends, the current status of technology development, regional policy trends, and commercialization improvement challenges are introduced. In particular, the practical issues that need to be addressed and the corresponding level of technology required for the application of OCCS technology on ships are demonstrated through case studies.
2024 EPS ESG Report
To demonstrate the ESP’s commitment to environmental stewardship, social responsibility, and governance practices, and to highlight various initiatives and achievements in reducing carbon emissions and promoting sustainable practices.
Mapping of Zero-Emission Pilots and Demonstration Projects, 4th edition
To provide information on pilot and demonstration projects focused on ship technology, fuel production and supply, and infrastructure solutions to achieve decarbonization in the shipping industry by 2050
Climate Action in Shipping (Progress Towards Shipping’s 2030 Breakthrough)
To urge further progress through evaluation of the performance of the technology and supply sector, demand sector, finance sector, policy sector and civil society sector in shipping over the past year
Review of maritime transport 2023; Towards a green and just transition
To analyze trends in seaborn trade, global shipping services, freight rates, infrastructures at ports in 2023. etc., and discuss challenges in relation to the transition to decarbonization
GHG emissions 2030 in shipping – Analysis of the maximum technical abatement potential
To analyze the greenhouse gas emissions of international shipping based on the fuel life cycle (WtW). The main finding is that global shipping can reduce carbon emissions by half within 10 years with minimal impact on international trade.
According to the report, by 2030, emissions are projected to decrease by 36 to 47 percent compared to 2008 through the use of 5 to 10 percent zero or near-zero fuels, wind assistance technology, and ‘climate optimizing’ of ships.
The overview of the discussions at IMO MEPC 80 and frequently asked questions
To provide the overview and interpretation of the outcomes of agenda item 7 of the 80th session of Marine Environment Protection Committee