RMI and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) are collaborating with the Zero Emission Maritime Buyers Alliance (ZEMBA) and Hapag-Lloyd to pilot a Maritime Book and Claim System.
This system aims to track and decouple greenhouse gas emissions from ocean transport services. GHG emissions from ocean transport currently account for 3% of global emissions and are projected to rise to 5–8% by 2050 without intervention.
Market-based interventions such as book and claim are a powerful decarbonization tool, especially in the early stages of establishing a differentiated market. The Maritime Book and Claim System in conjunction with efforts like ZEMBA’s tender will allow cargo owners to use their purchasing power to advance low-emissions ocean transportation solutions in a transparent, credible manner.
… stated Aparajit Pandey, principal and shipping decarbonization lead at RMI
The Maritime Book and Claim System addresses challenges in the sector such as high costs and limited availability of low-emissions fuels. ZEMBA’s inaugural tender highlights the demand for low-and zero-emissions fuels, and this pilot project will enable stakeholders to track verified emissions intensities, enhancing market trust and confidence.
The collaboration with ZEMBA further strengthens the development of a global Maritime Book and Claim System and underlines how important such a system will be to overcome obstacles to accelerate the adoption of low-emissions fuels at scale
… commented Frederik Jacobsen, project manager at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.
The Maritime Book and Claim System is being tested across various shipping segments and is expected to go live in Fall 2024. RMI and MMMCZCS are committed to supporting initiatives that drive progress towards a low-carbon future and urge industry stakeholders to join them in this journey toward decarbonization.
This registry will demonstrate how technology can enhance transparency and confidence in complex and cross-sectoral supply chains. Having ZEMBA and Hapag-Lloyd in the pilot is a critical step forward in developing a robust and credible system
… said Jesse Morris, CEO at Energy Web Foundation.
