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.
Sector: Policy
Oceans of Opportunity
To explain the impact of green methanol and ammonia and propose the implementation of zero-emission fuel bunkering at ports by 2030
Assessing impacts of EU and US policies on accelerated deployment of alternative maritime fuels
To evaluate the impact of policies, analyzing how recent climate policies from the EU and US, specifically the US Inflation Reduction Act and EU ETS along with the FuelEU Maritime Regulation, affect the adoption and deployment of alternative marine fuels.
To identify the investment implications of these policies, focusing on the synergies of the US and EU policies.
To provide actionable insights for stakeholders.
Analysis on interaction of CII with GFS: Calibrating IMO energy efficiency and fuels targets
To recommend effective strategies for the shipping sector to achieve the IMO emission reduction targets
The Poseidon Principles: 2023 Annual Disclosure Report
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.
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
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
Distributinig Carbon Revenues from Shipping
The report discusses which countries could access carbon revenues, for what purposes, and on what terms. It argues that revenues should be used to decarbonize shipping, enhance maritime infrastructure, and support broader climate aims. This (mix of options to use carbon revenues) would speed up shipping’s transition to zero-carbon energy, help build the necessary infrastructure, lower maritime transport costs, and result in climate benefits beyond maritime transport. It would also ensure that all countries, including those with no shipping industry or ports, could access carbon revenues. By developing a smart and flexible framework, the report shows how carbon revenues could be distributed to maximize climate benefits and support an equitable transition.
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
Cost of Regulatory Compliance Lower with LNG
To provide information on the impact of alternative fuels choice