Keyword: IMO GHG Strategy/ Net Zero

DNV Maritime chief executive Knut Ørbeck-Nilssen says shipping needs all low- and zero-carbon alternatives, and should even look at creating ‘pink corridors’

From co-operation in complex operations to managing risk to behavioural change, it all boils down to training

Minister of Tourism, Civil Aviation, Sustainable Development and Culture, Honourable Carlos James has called in the International Maritime Organization (IMO) and other agencies, to focus more on pushing maritime companies to accelerate the transition to sustainable fuel for marine transportation.

The last plenary of the European Parliament in Strasbourg for this five-year term adopted earlier today the new law, which aims to scale up industrial capacity for green technologies in Europe.

On Thursday, Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonisation.

SEB sets a net-zero aligned 2030 target for the shipping sector in line with its commitment to the Net-Zero Banking Alliance. This means the emission intensity in the bank’s shipping portfolio must be reduced by 41 per cent by 2030 compared to the base year 2022.

Speaking at media briefing in Singapore on 19 April IMO Secretary-General Arsenio Dominguez expressed confidence that shipping would hit the 2030 target, the first of two checkpoints leading to an ambition of net zero emissions at or around 2050.

The head of the International Maritime Organisation (IMO) is “very confident” that the shipping industry is on track to finalise by next year how it will reach goals to reduce greenhouse emissions.

Companies leading decarbonisation efforts should share their results for the benefit of the industry urges IMO secretary general.