The Global Maritime Forum (GMF) and the Energy Transition Commission (ETC) has released a discussion paper to explore the concept of “Green Corridors” for shipping decarbonisation.
The paper Green Corridors – The Spanish Opportunity was done in collaboration with the United Kingdom’s COP26 Presidency and the British Embassy in Madrid.
It presented a preliminary analysis by the GMF and ETC, and does not seek to propose specific routes or ports that could be involved in a Spanish Green Corridors effort, nor suggest which countries, regions, or ports should be considered potential international partners.
The paper concluded Spain has many advantages to bring to the creation of Green Corridors: strong companies throughout the value chain for international shipping; clear advantages in the production and distribution of future bunker fuels; potential demand for decarbonised freight; and a constructive arena for policy action.
“Setting shipping on the necessary decarbonisation trajectory will mean taking action on Green Corridors urgently. The opportunity to leverage its comparative advantages means that the case for action from Spain is even stronger,” the report concludes.
“The public and private sectors in Spain should begin to assess and prioritise routes that could become Green Corridors, start stimulating stakeholder engagement, and subsequently look to develop route maps to guide the industry and policy actions to come,” it said.
Note: The full discussion paper on “Green Corridors – The Spanish Opportunity” can be viewed here.
Photo credit: Global Maritime Forum
Published: 9 May, 2022
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.