A study by Ricardo for the P4G Getting to Zero Coalition Partnership finds that Indonesia’s location, economic development, and vast renewable energy sources make it well suited to produce green maritime fuel.

Zero-emission fuels and vessels must start being deployed at scale over the next decade to achieve full decarbonisation of the shipping sector by 2050. Scaling the first pilots and demonstrations into industry-wide solutions will be challenging, given the complex nature of the global shipping industry. Produced for the Getting to Zero Coalition, the new study ‘The Next Wave: Green Corridors’ shows that developing Green Corridors can cut through this complexity and accelerate the transition to zero-emission shipping.

A clear, common purpose is emerging in the shipping industry for stronger action on climate change ahead of COP26 in Glasgow this week.

The crew change Indicator points to a small improvement of the situation and a significant increase in vaccination rates; nonetheless, the industry still faces many challenges in repatriating and sourcing crew.

Leaders from across the global maritime sector convened for the Global Maritime Forum’s Annual Summit in London to tackle the systemic challenges posed by the decarbonization of shipping, and explore avenues to improve workforce wellbeing and diversity, among other issues.

The Call to Action for Shipping Decarbonization, urging world leaders to take action to align shipping with the Paris Agreement temperature goal, was today delivered to the UK Presidency of COP26 at the Global Maritime Forum Annual Summit in London.

Senior leaders foresee environmental issues to have the most impact in the coming decade for the global maritime industry, particularly as related to decarbonization and new regulations. This is a key finding of the Global Maritime Issues Monitor 2021, published today by the Global Maritime Forum; Marsh Specialty, part of global insurance broker and risk advisor Marsh; and the International Union of Marine Insurance. Survey respondents from six continents highlight ‘decarbonization of shipping’, ‘new environmental regulation’, ‘societal demands for sustainability’, and ‘failure of climate-change mitigation and adoption’ as four of the top 10 issues in terms of potential impact on the maritime industry.

Today, the Getting to Zero Coalition launched its “Strategy for the Transition to Zero-Emission Shipping”, a comprehensive study of the actions that governments, industry, and international bodies must take to deliver on a transition to zero emissions by 2050.

Between April and May 2021, 116 essays from 22 countries were submitted to the competition. Essays on seafaring of the future, win three young professionals from the Philippines, India, and Denmark a spot in the Global Maritime Forum’s Annual Summit.

The Crew Change Indicator points to a small improvement of the situation and a significant increase in vaccination rates, nonetheless many of the challenges the industry has been facing in repatriating and sourcing crew still remain.