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The UN International Maritime Organization (IMO) has given initial consideration to an innovative proposal from the global shipping industry to collectively provide USD 5 billion to accelerate R&D to support its decarbonisation.
As governments come together at the UN International Maritime Organization (IMO) to consider important next steps to decarbonise maritime transport, the global shipping industry urgently calls on them to take forward its proposal for an industry-financed, USD 5 billion research and development programme, to catalyse the transformation of the industry from dependence on fossil fuels to operating with zero-carbon energy sources.
Large scale R&D investment essential to create zero-carbon fuels and ships / Failure by governments to support the industry’s initiative risks investment being misallocated, making it impossible for the sector to decarbonise.
The report looks at different options to help decarbonise shipping and achieve the greenhouse gas (GHG) reduction targets established by the International Maritime Organisation (IMO). These include the use of Ammonia, Hydrogen, and Batteries to power the global fleet.
Report examines shipping companies and ship-owners around the world / Findings include 7.5% of seafarers are female, 30% of companies employ women on their board, at least three languages spoken on the average ship
Will COVID-19 delay or accelerate the digitalisation of the shipping industry, and what training and skill sets will future seafarers need to equip them for the digital revolution?
Measures include a 40% reduction of carbon intensity across the global fleet by 2030, compared to 2008 / Key stepping stone in achieving 100% decarbonisation as soon as possible after 2050.
Shipping is the least environmentally damaging form of commercial transport and, compared with land based industry, is a comparatively minor contributor to pollution from human activities.
Review covers the impact of COVID-19 and the intensifying crew change crisis plus a broad cross-section of such as efforts to decarbonise shipping and the USD 5 billion industry fund to accelerate the R&D of zero-carbon technologies.
Agenda: FURTHER CONSIDERATION OF CONCRETE PROPOSALS TO IMPROVE THE OPERATIONAL ENERGY EFFICIENCY OF EXISTING SHIPS, WITH A VIEW TO DEVELOPING DRAFT AMENDMENTS TO CHAPTER 4 OF MARPOL ANNEX VI AND ASSOCIATED GUIDELINES, AS APPROPRIATE Submitted by: China, Croatia, Denmark, France, Germany, Ghana, India, Italy, Japan, Malaysia, Nigeria, Norway, Republic of Korea Singapore, Spain, United Arab Emirates and ICS