Shipping decarbonisation and regulation

Advertisement

BEGIN ARTICLE PREVIEW:

The decarbonisation of shipping and meeting the targets of IMO 2050 are a huge task and marrying commercial business objectives and regulations will be key to the process.

Moderated by Keegan Plaskon, regional business development executive at American Bureau of Shipping (ABS), an hour-long discussion by ShippingInsight brought an assimilation of views from the industry and regulatory sides, often at odds when the traditional business is presented with new technologies.

A number of cross currents were brought together; panelist Alexander Saverys, from CMB Group, describing his company’s efforts regarding hydrogen fueling, suggested that: “Five years ago, if you had told me [about the projects], I would have told you that you were crazy.”

Related: Shell zeroes in on hydrogen and fuel cells to decarbonise shippingHe went on to add that his company, in shipping for 100 plus years, “Is now looking at all kinds of applications with different fuels…it’s happening very fast…and I hope in ten years our industry will be totally different.”

The ability of the business stakeholders and regulators to work together in this rapidly evolving setting was brought into sharp focus with remarks from Kirsi Tikka, previously with ABS and now holding directorship positions at …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE