Making Waves in Sustainable Shipping

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Making Waves in Sustainable Shipping

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The shipping industry, heavily reliant on fossil fuels, contributes 3% of global emissions – a figure set to grow as global trade expands. It thus faces the pressure to rapidly decarbonise a global fleet of approximately 100,000 ships.

Much of the maritime sector is committed to decarbonising, but the landscape remains complex. The industry goal – of achieving 50% emissions reduction from 2008 levels by 2050 – falls short of the Paris Agreement targets.

In this asset-heavy industry, how can liners carry out their net-zero transition strategically? What are the technological hurdles to scaling future fuels such as hydrogen and ammonia, and what is the potential of LNG and carbon offsets as bridges? How can different stakeholders come together to unlock the US$2.4 trillion investment required for net-zero shipping by 2050?

Speakers :

Kitack Lim

Secretary-General

International Maritime Organization (IMO)
Prof Lynn Loo

CEO

Global Centre for Maritime Decarbonisation
Jeremy Nixon

CEO

Ocean Network Express
Quah Ley Hoon

Chief Executive

Maritime and Port Authority of Singapore
Johannah Christensen

CEO

Global Maritime Forum