World Shipping Council lays out decarbonisation proposals to IMO

Ahead of the forthcoming meetings at the International Maritime Organization (IMO) on greenhouse gas (GHG) regulations, the World Shipping Council (WSC) has outlined several mid-term measures that it believes are necessary to progress the decarbonisation of shipping.

The organisation, which represents major international container shipping lines, has issued a paper to the IMO Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 13) and the Marine Environment Protection Committee (MEPC) ahead of MEPC 79 in December.

The paper examines the current proposals, highlighting three suggestions to support swift progress and ensure that regulations are effective in driving the transition to alternative fuels and propulsion technologies in line with global climate goals.

John Butler, president and CEO of WSC, said: “This is the time for open-minded discussions and a shared focus around what is needed for our climate and the sustainability of global supply chains.

“We have to think practically about what the proposals before the IMO can deliver in actual carbon emission reductions and also how to get to a decision. It is not just about getting to yes, but getting to yes on something that will make a difference for the future of our planet.”

According to the WSC, the IMO’s GHG strategy faces several main challenges including the need for significant investments in the production and supply of low, near-zero, and zero GHG fuels.

It noted that a Well-to-Wake Life-Cycle Analysis (LCA) is critical to avoid favouring fuels that have attractive Tank-to-Wake figures, but produce high life-cycle emissions instead of GHG reductions.

Another issue is related to countries in varying economic circumstances and locations – especially those that are remote and import or export small volumes – already facing very high transportation costs.

Butler added: “Our core challenge is to create the regulatory structure to drive development, production, and adoption of low and near-zero GHG fuels and technologies, coupled with the necessary investments in renewable energy production for an equitable transition.

“Liner shipping is investing in decarbonisation, and we urge IMO member nations to come together with a focus on future generations to ensure the advancements necessary for a timely energy transition.”

Source: Container Magazine

To read the full original article, please go to: https://container-mag.com/2022/08/26/world-shipping-council-lays-out-decarbonisation-proposals-to-imo/

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