China Classification Society (CCS) and COSCO Shipping Group have signed a new agreement that will see the organisations work together to tackle the issue of greenhouse gas emissions in the maritime sector.
Under the terms of the agreement, CCS and COSCO Shipping Group will gather resources to support China’s efforts in the fight against climate change. The organisations will leverage China’s national “carbon peak, carbon neutral” development target, international efforts to reduce maritime transport emissions and the climate-neutral goals of the EU Green Deal to help guide research on energy consumption structure and the development of viable technological solutions.
This comes as during last September, Chinese President Xi Jinping announced bold plans to reduce the country’s emissions, committing China to strive for reaching “carbon peak” by 2030 and “carbon neutrality” by 2060.
CCS and COSCO Shipping Group will also support the development of key core technologies, build an international cooperation platform, promote the establishment of industry standards and the formation of the IMO proposal, and use their combined expertise and experience to help carbon emission reduction strategies within the shipping industry.
Mo Jianhui, president of CCS said:
The signing of this agreement will … create new and important opportunities to help support the implementation of major national strategies and China’s goal of achieving the ‘3060 double carbon’ target
A partnership working approach will improve research efforts into key core technologies to support decarbonisation and carbon neutrality in the shipping industry, as well as promote the development of relevant standards and regulations