The International Chamber of Shipping (ICS) and International Association of Ports and Harbors (IAPH), along with the CEO-led Clean Energy Maritime Taskforce, unveiled the ‘Clean Energy Marine Hubs Initiative’ at the Clean Energy Ministerial (CEM) in Pittsburgh.
he Initiative will be a convening platform for public and private senior-level stakeholders from the ports, shipping, finance, and energy sectors across the energy-maritime value chain.
ICS and IAPH will start activity with governments represented at the CEM, with the objective of advancing the production, export and import of low-carbon fuels.
The governments of Canada and the United Arab Emirates (UAE) confirmed during the CEM meeting in Pittsburgh that they will be among the first countries to back this key initiative, to help accelerate the worlds transition to green fuels and technologies.
The initial concept for creating green marine hubs was announced earlier this year as a forum to enable policy makers and industry stakeholders to quickly unlock clean energy deployment. This announcement represents the next step in the development of an initiative that will help unlock the potential for global adoption of zero emission fuels.
Representatives of the maritime sector anticipate the participation of Canada and the UAE to establish a “pathway” for others to follow. The broader goals of the Initiative were also discussed at a plenary session organised by ICS.
Key objectives include:
- Facilitating information and knowledge exchange on policies;
- Decarbonisation projects to de-risk investment and accelerate the commercial deployment of alternative fuels and technologies across countries.
Eng. Nawal AlHanaee, Director of Future Energy Department, the UAE Ministry of Energy and Infrastructure said:
We are looking forward to our collaboration with all international governments, such as Canada, to reinforce the adoption of hydrogen technologies and fuels
What is more, recent research from the International Renewable Energy Agency has emphasised the importance of shipping’s role in the global green transition. By 2050, the shipping industry is expected to transport at least 50% of all traded zero-carbon fuels.
The Clean Energy Marine Hubs Initiative is backed by more than 150 CEOs and government representatives, who voted to take forward plans for its creation at an ICS summit in June this year. Commenting on the initiative, Patrick Verhoeven, Managing Director of the IAPH, stated:
Resolving the energy transition challenge for shipping and the wider world requires broad-looking, multi-sector solutions. Ports have a vital role to play, not only as bunker infrastructure providers but as new energy hubs in order for the economics around zero emissions fuels to work
As for Guy Platten, Secretary General of the International Chamber of Shipping, he highlighted that “the Clean Energy Marine Hubs Initiative will not only support the global clean energy transition but will propel the development of the zero emissions infrastructure that we can all benefit from.”
Our taskforce will now work with the governments of Canada and the UAE, along with other governments to bring forward a tangible workplan for the next CEM that will ensure that the tremendous opportunities of zero emission fuels can be fully realised, produced at scale and safely delivered for all
Mr. Platten concluded.