Shipping has been — and will continue to be — navigating through unchartered waters, as the industry transitions rapidly and radically towards a sustainable way of operation.

As a company, we aim to remain abreast of the continuous developments both on the regulatory and technological fronts, as well as receptive to new synergies and knowledge-sharing platforms. We will endeavour to participate and contribute to the evolution of technology in our industry in any way we can.

Tackling greenhouse gas in the year ahead

This article is one of more than three dozen contributions from shipping industry stakeholders about their outlook for decarbonisation efforts in the year ahead. We asked shipowners, managers, financial professionals, technology providers and more about their own efforts to address greenhouse gas emissions in 2022 and what they hope to happen in the industry this year.

Click here to read the full report.

In the meantime, we are taking various initiatives that will allow us to reduce our carbon footprint for the short term. These include working on digitalising our operations and emission monitoring, renewing and upgrading our fleet, investing in new skill sets through continuous training of both shore and sea personnel, altering our mindsets and working towards creating a culture of purpose.

Even modernising our office space to reduce its carbon footprint is a step in the right direction.

Creating a technological and regulatory environment that has clear goals, directives and solutions should be a priority. We need to ensure that, as an industry, we set our own ambitious goals. We must also commit to them and self-regulate them through the International Maritime Organization, thus ensuring the unique characteristics of our truly international industry are adopted in all other regulatory bodies.

It is for this reason that the entire maritime value chain, including but not limited to shipping, cargo, finance, ports, fuel producers and suppliers, engine manufacturers, shipyards and infrastructure, has to work together to ensure the equitable decarbonisation of our industry, setting a level playing field, and paving a competitive and sustainable way ahead, for all involved.

On one hand, the pressure is on for technically feasible, commercially viable and safe zero-carbon emitting vessels and, on the other hand, for infrastructure to support new energy sources to be in place by 2030.