(Commonwealth Union)_ The shipping industry’s greenhouse gas emissions are substantial, rising, and on a trajectory that is inconsistent with the Paris Agreement’s objectives. The industry would be one of the top 10 worldwide polluters when measured against national emissions.
The United States and Norway created the Green Shipping Challenge for COP27 to assist in putting the industry on a path to line with the objective to keep the increase in global temperature to 1.5°C. The High-Level Panel for a Sustainable Ocean Economy firmly supports this endeavor. Governments, ports, and businesses were urged by the Challenge to develop agreements to accelerate the switch to environmentally friendly shipping.
On November 7, during the World Leaders Summit of COP27, Prime Minister Jonas Gahr Stre of Norway and US Special Presidential Envoy for Climate Change John Kerry presided over the launch of the Green Shipping Challenge. More than 40 significant announcements on topics such ship innovations, the spread of low- or zero-emission fuels, and regulations to support the adoption of next-generation vessels were made by nations, ports, and businesses. The announcements comprised of the following:
A.P. Moller-Maersk: To explore large-scale green fuel production in Spain, Maersk signs a general protocol for collaboration with the Spanish government.
Cargo Owners Are Clearly Signaling Their Demand for Zero Emission on Amazon Ocean Transport
“Green Shipping Corridors: Leveraging Synergies,” a publication of the American Bureau of Shipping (ABS),
Australia: Collaboration on Green Shipping Corridors between Australia and Singapore
Gulf of Mexico: Blue Sky Maritime Coalition and American Bureau of Shipping Corridor for Green Shipping
Canada: Green shipping developments in Canada
Chile: The Pre-Feasibility Study for the Chilean Green Corridors Network and the General Maritime Administration Strategy to Effectively Implement IMO Instruments
Cyprus: Tonnage Tax System: Tonnage Tax Reduction Due to Environmental Incentives
Denmark: A Change-Catalyst for Local to International Green Shipping
DP World: Green Shipping Challenge Announces Large-Scale Carbon Reduction Action
Finland and Fintraffic Vessel Services: Port Activity App Increases the Effectiveness of the Whole Logistics Chain and Aids in Emission Reduction
Greece pledges to cut emissions at six important ports by improving operational efficiency, installing on-shore power supply systems, and utilizing renewable energy sources.
Greece will create an action plan to decarbonize its domestic coastal ferry fleet that is contracted to provide public transportation as well as introduce the country’s first hybrid ferry.
Greece: Signs the Zero Emission Shipping Declaration by 2050
Joint Statement on Green Hydrogen for Shipping by Green Shipping Leaders and Green Hydrogen Producers
The Green Shipping Programme (GSP) will create and implement ammonia as a ship fuel.
International Association of Ports and Harbors (IAPH) and International Chamber of Shipping (ICS): Getting Maritime Prepared to Unlock the Energy Transition with the Clean Energy Maritime Hubs Platform
Collaboration on Green Shipping Corridors: Republic of Korea
