A newly-launched study focuses on the importance of reducing shipping emissions and its benefits in favour of humans’ health, nature and the environment by reducing vessels’ speed. The report highlights that a 20% reduction in vessels’ speed would decrease GHG emissions, as well as curb pollutants that pose great risks on human health, as black carbon and nitrogen oxides.
A global network of maritime technology cooperation centres has completed an array of pilot projects over the last three years, aiming to drive forward the changes which are necessary to reduce GHG emissions from shipping.
The UN Climate Action Summit which took place in New York City on the September 23, enabled worldwide leaders to present their proposals and solutions for the ongoing battle against climate change, whereas IMO’s Sec-Gen focused on the progress made in tackling climate change.
BIMCO’s newly elected president, Turkish shipowner Sadan Kaptanoglu, aims to gather as many as possible shipowners to find a way to protect the environment, discussing the 2020 sulphur cap, the 2050 targets on reducing the GHG emissions and plastic debris.
Société Générale, Crédit Agricole and Global Maritime Forum presented the Poseidon Principles on July 23, at the French Ministry for the Ecological and Solidary Transition. This initiative aims to help the shipping industry play an even bigger part in mitigating climate change.
Shipping banks will for the first time incorporate climate considerations into lending decisions to incentivize maritime shipping’s decarbonization. Namely, the Poseidon Principles will be a framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios.
W-Foundation, a global relief and conservation organization, collaborates with UN’s Climate Neutral Now initiative to boost sustainability and climate action via an application that will encourage the public to take action and share the results of GHG emissions reductions.
Carleen Lyden Walker cites positive initiatives that demonstrate a pathway toward a more sustainable future in an effort to highlight that shipping industry is changing. Concluding, she notes that there is no room for complacency; industry has to adapt to new reality not only for its commercial viability but also for attracting future generations.
During the 2019 SAFETY4SEA London Forum, Mr. Christopher Saunders, Global Marine Process Manager, RightShip, firstly provided an overview of RightShip’s risk rating to make delegates familiar with the organization’s vetting platform. Then, he moved on to explain how the industry must lead the sustainability charge and operate beyond compliance.
The Port of Seattle adopted its workplan for the Energy and Sustainability Committee on April 23. The Port identified four areas of focus to improve environmental and community health in Puget Sound and tackle climate change. These are a more sustainable aviation; Sustainable Project Framework Resolution; development of the Port’s Waterfront Clean Energy Strategic Plan; Maritime Blue Maritime Inspiration Awards; and environmental stewardship into New Cruise Terminal.
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