The International Advisory Panel on Maritime Decarbonisation (IAP) formed in July 2020 by the Singapore Maritime Foundation (SMF), with the support of the Maritime and Port Authority of Singapore (MPA), on Wednesday (21 April)submitted its recommendations to the Singapore Government.
The IAP said it has identified nine pathways to maritime decarbonisation, including policy options to accelerate the transition and ways in which Maritime Singapore can support the industry’s decarbonisation.
The IAP is co-chaired by Andreas Sohmen-Pao, Chairman of the Singapore Maritime Foundation, together with Wong Weng Sun, Chairman of the Board and Governing Council of the Singapore Maritime Institute.
It comprises 28 other leaders from maritime and related organisations, including shipping associations, shipping companies, port operators, energy companies, engine makers, shipyards, insurance and finance players, as well as academia.
The IAP said its vision is for Maritime Singapore to support decarbonisation of the industry to meet or exceed the International Maritime Organization’s (|MO) goals for 2030 and 2050 by:
To achieve this vision, the IAP has recommends focusing on the following four strategic objectives:
In his opening address, Sohmen-Pao said the strategies represent the IAP’s collective vision for how Singapore can contribute to the global effort to reduce GHG emissions from international shipping.
He noted that decarbonisation of the industry would require multiple paths of action, and the collective effort of public and private stakeholders.
IAP co-chair Wong added that the release of the lAP’s recommendations was a milestone in the journey towards maritime decarbonisation. It would be important to keep up the momentum and bring about concrete action through the joint projects identified in the report. He welcomed additional proposals for collaboration from interested stakeholders.
“We thank the IAP for the significant effort and thought which went into producing the report. We will consider their recommendations when developing the Maritime Singapore Decarbonisation Blueprint 2050,” said Chee Hong Tat, Senior Minister of State for Foreign Affairs and Transport.
“The fight against climate change is a global ambition and a collective responsibility. Singapore is committed to do our part to support the IMO and the international maritime community in climate action.”
Supporting these objectives are nine pathways to decarbonisation, which are outlined in the table below.
|
HARMONISE Standards |
IMPLEMENT |
FINANCE projects |
| 1. Shape common metrics for carbon accounting 2. Set standards for new technologies and solutions |
3. Pilot trials and deploy solutions 4. Build flexible ship capabilities and relevant infrastructure |
5. Develop green financing mechanisms 6. Develop mechanisms that could support carbon pricing 7. Act as custodian for and deploy R&D funds and grants |
|
COLLABORATE with Partners |
||
| 8. Multiply local, regional and global collaboration across stakeholders 9. Set up a decarbonisation centre. |
||
Recognising the importance of taking action and collaborating for change, the IAP has further identified joint projects to embark on. These projects include conducting fuel and electrification trials for vessels and setting up a decarbonisation centre in Singapore.
A full report and summary of the proposed action plans are available here and more information on the joint projects which the IAP has identified is available here.
Photo credit: Maritime and Port Authority of Singapore
Published: 21 April, 2021
Bunker One Live Streaming is a digital concept providing tamper-proof and uninterrupted on-site video recordings of the vital steps in the bunkering process.
Ian Taylor has become Chairman of the Vitol Group and Russell Hardy Group CEO, says company.
The contracts to build six (6) firm plus four (4) vessels were signed in March 2020 but are scheduled to come into effect in September 2020 with final board approval.
‘I am very excited and revitalized to be part of Oilmar; leveraging my experience and network, I hope to lead the team to a strong start and success,’ said Ahmed.
Reductions in engine revolutions and ship functions optimisation can save up to 80% of fuel, bringing the possibility of a carbon neutral ship before 2050.
Asia bunker fuel demand typically down during the Lunar New Year holiday; however coronavirus outbreak in China exacerbated the downtrend, reports Reuters.
OctamarTM HF-10 Plus was subjected to tests conducted at a third party lab by SGS Testing and Intertek in Singapore under the supervision of ClassNK earlier this year, according to spokeswoman.
Former Regional Marine Manager of BP Singapore issued penalty of SGD 6 million; he faces an additional 28-month imprisonment term if penalty is not paid, says Judge.
Sing Fuels claiming over total 1,049.29 metric tonnes of 380 centistokes bunker fuel delivered to bulk carrier Lila Shanghai at Port Elizabeth, South Africa in July 2019, according to court documents.
Reserve Stability Number results are ‘questionable’ as almost all additives targeting asphaltene management show effectiveness in the test, says spokesman.
Singfar International partnering Lianyungang Shenghua Shipbuilding to deliver 7,000 dwt DF bunker tankers from 2023 to support decarbonisation of the Singapore maritime industry.
GSM awarded USD 1.85 million as well as SGD 5,800; Judge finds SFM Director ‘ungrateful and dishonest in his dealings with Bernard and the plaintiff,’ according to Court Judgement seen by Manifold Times.
