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
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.