The Maritime and Port Authority of Singapore (MPA) on Thursday (17 September) said leaders from maritime administrations and industry came together to share insights on decarbonisation for shipping in the new normal post-COVID-19 at its “Future of Shipping: Decarbonisation” webinar.
Over 500 participants from 63 countries tuned in to the webinar jointly organised with the International Maritime Organization (IMO).
“While the world deals with the COVID-19 crisis, it must keep up with the fight against climate change. No one can do this alone. It is a global ambition, to be accomplished by the international maritime community,” said Ong Ye Kung, the Singapore Minister for Transport.
“But we all have capabilities, expertise, and resources to contribute to this endeavour. Singapore will do our part, and we look forward to the maritime community coming together, under the leadership of the IMO, to redouble our efforts and build a better, greener world.”
MPA noted that IMO Secretary-General Kitack Lim called for more action to speed up research into zero carbon marine fuels.
“To achieve this, IMO is stepping up its efforts to act as a global forum and promoter in R&D in zero carbon marine fuels, bringing together interested stakeholders from public and private sectors, and also private and development banks and other potential donors around the world,” said Lim.
The strong turnout at the webinar demonstrated that decarbonisation remains a key priority for the international shipping community despite the COVID-19 pandemic, said the MPA.
An important underlying theme in the webinar was the importance of collaboration and coordination amongst all stakeholders across the energy and maritime transport value chains, to achieve IMO’s ambition of reducing total annual Greenhouse Gas emissions by at least 50% by 2050 compared to 2008.
To co-ordinate and spur global efforts, the IMO and MPA introduced “NextGEN”, a concept for a collaborative global ecosystem of maritime decarbonisation initiatives.
“NextGEN” will facilitate information sharing on decarbonisation initiatives across stakeholders such as IMO Member States, industry and academia, identify opportunities and gaps for decarbonisation in the global shipping ecosystem, and create important networks and platforms for collaboration, explained MPA.
Andreas Sohmen-Pao, Chairman, BW Group and Co-Chair of Singapore’s International Advisory Panel on Maritime Decarbonisation (IAP), Wong Weng Sun, President and CEO of Sembcorp Marine Ltd and Co-Chair of the IAP, and Quah Ley Hoon, MPA Chief Executive spoke on the approach needed to successfully transition global shipping to future green energy sources and meet IMO’s 2050 target.
The “Future of Shipping: Decarbonisation” webinar is the third webinar under the Maritime Perspectives series organised by MPA. IMO and Singapore will co-organise another webinar – “Future of Shipping: Digitalisation”, on 8 October 2020, where experts will discuss the potential that digitalisation has for shipping. Both webinars lead up to the main IMO-Singapore Future of Shipping conference to be held during Singapore Maritime Week 2021.
The opening address by Ong Ye Kung, Minister for Transport, Singapore is available here.
Photo credit: Maritime and Port Authority of Singapore
Published: 18 September, 2020
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