The Sustainable Shipping Initiative (SSI) and Copenhagen Business School (CBS) Maritime on Tuesday (1 September) formed a new partnership under the Green Shipping Project to define sustainability criteria for marine fuels.
The partnership aims to bring clarity to sustainability issues surrounding the alternative fuels under consideration for shipping’s decarbonisation, the collaboration focuses on defining criteria to establish these fuels’ sustainability credentials and to facilitate their certification. No sustainability standard nor related certification scheme currently exist for marine fuels, said the SSI.
It added SSI and CBS Maritime’s partnership will see the development of a set of sustainability criteria for marine fuels, applying these criteria to assess the alternative fuels currently being explored for zero-emission shipping.
The criteria will also feed into a number of decarbonisation initiatives across the maritime and energy sectors. SSI shared that it will subsequently engage with certification bodies to facilitate the development of a sustainability standard or certification scheme for marine fuels.
The collaboration is carried out under the Green Shipping Project, an international research partnership managed jointly by CBS Maritime and the Centre for Transportation Studies at the University of British Columbia’s (UBC) Sauder School of Business in Vancouver.
With the aim of advancing knowledge and understanding towards the progressive governance of sustainable maritime transport, the Green Shipping Project was launched in 2017 and is a collaboration of 18 universities and 19 government, industry, and NGO partners.
The project is funded by the Social Sciences and Humanities Research Council of Canada, the international maritime research network is focused on five areas of research: Trade and Logistics; Green Ports; Innovation; Stakeholders; and Value Chains.
“SSI is about collaboration among ambitious and action-oriented leaders spanning the shipping value chain, including our peers in academia,” said Andrew Stephens, Executive Director at SSI.
“Today, we have no clarity nor consensus on the sustainability issues surrounding the fuels being explored for shipping’s decarbonisation, and the criteria to assess their sustainability remain undefined.
“This work will contribute to this debate and ultimately, inform the selection of one or more winning options for zero-emission shipping.”
“High-quality academic research is pivotal in creating new scientific knowledge that industry does not possess, nor can create on its own,” said Dr. Henrik Sornn-Friese, Co-Director of the Green Shipping Project and Director and Associate Professor at CBS Maritime.
“Our partnership with SSI is extraordinary in bringing together a global network of stakeholders in resolving one of the biggest challenges in today’s international maritime shipping”
Photo credit: Sustainable Shipping Initiative
Published: 2 September, 2020
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.