Latest news from Heavy Lift & Project Forwarding International Magazine

A path to decarbonisation

The Getting to Zero Coalition declared that it would lead the push to decarbonise the maritime shipping supply chain at last week’s UN Climate Action Summit in New York.

The Getting to Zero Coalition is a partnership between the Global Maritime Forum, Friends of Ocean Action, and the World Economic Forum. It is supported by more than 70 public and private organisations.

The coalition aims to achieve the International Maritime Organization’s (IMO) 2050 goal of a 50 percent reduction in carbon emissions from marine shipping. As part of this strategy, the coalition hopes to accelerate the development and deployment of zero-emission vessels on deepsea trade routes by 2030.

Coalition members include leading stakeholders from the maritime and fuel value chains, including financial institutions, NGOs, think tanks and governments. Citi, Cargill, Shell, Maersk and Lloyd’s Register are all members.

Wallenius Wilhelmsen has also joined the coalition and Craig Jasienski, president and chief executive officer of the group, said: “Climate change requires urgent action from all industries, and we are eager to be part of the solution… Our Lean:Green sustainability strategy is built on the belief that striving for what is both economic and sustainable will produce the best results for our planet and our people – as well as our business.”

Commercially viable, zero-emission vessels need to start entering the global fleet by 2030, with significant uptake through the 2030s and 2040s, if the IMO’s 2050 carbon emission targets are to be met. Wallenius Wilhelmsen said that new vessels must be developed and sophisticated fuel supply chains implemented.

“The best chance to achieve the zero emission shipping goal in the shortest amount of time comes from taking a wide scale partnership approach,” added Jasienski. “The challenge calls for innovation across the board: technical, operational, commercial, political and financial, which the Getting to Zero initiative is well equipped to tackle.”

Heavy Lift | News

Marguisa teams up with NileDutch thumbnail image

Marguisa teams up with NileDutch

October 16 - Marguisa has signed an agreement with NileDutch that will see the company’s Calabar service expanded with additional port calls in the Republic of the Congo and São Tomé and Príncipe.
Views: 183
Blue Water handles hull delivery thumbnail image

Blue Water handles hull delivery

October 15 - Earlier this year, Blue Water Singapore coordinated the transport of four trawler hulls, weighing approximately 500 tons (453.6 tonnes), from Vietnam to Norway.
Views: 358

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.