The Isle of Man Ship Registry has become the first flag state to join the Getting to Zero Coalition.

The register said it believes flags have an important role to play in shipping's decarbonisation drive.

Established in 2019, the Coalition is a partnership between the Global Maritime Forum (GMF), the Friends of Ocean Action and the World Economic Forum.

Its members include more than 120 organisations from the maritime, energy, infrastructure and finance sectors.

The Coalition aims to develop and deploy of commercially viable, deep-sea zero-emission vessels by 2030.

Collective responsibility

Cameron Mitchell, director of the Isle of Man Ship Registry, said: "It is our collective responsibility to respond to the climate emergency by taking action to effect real change for the benefit of our environment and industry.

"The Getting to Zero Coalition brings together a diverse range of organisations and we are looking forward to working closely with them to help make commercially viable, zero-emission vessels a scalable reality."

Mitchell added that his flag organisation works in partnership with shipping lines, classification societies and shipyards around the world to ensure compliance with IMO rules.

"Our expertise, experience and existing relationships with key sector organisations mean we are well placed to champion the Getting to Zero message and support exciting new initiatives to decarbonise shipping," he said.

Next decade decisive

GMF's managing director and head of projects and programmes Johannah Christensen added: "The coming decade will be decisive for the future of global seaborne trade. We look forward to working together with the Isle of Man Ship Registry to deliver on our common vision of decarbonised shipping."

In October, further momentum was gained when UK oil major BP joined the Coalition and the GMF.

The Isle of Man is ranked at number 17 in the world by UK shipbroker Clarksons in terms of tonnage, with around 14m gt on its books.

This equates to 400 ships, plus 11,000 seafarers.

The register has held top spot on the Paris MoU white list and is firmly on the white list in the Tokyo MoU rankings.