Singapore: panel on maritime decarbonisation. File image/Pixabay.
With the International Maritime Organisation's goal of reducing shipping's carbon footprint set for 2050, Singapore has established an international advisory panel on maritime decarbonisation (IAP).
The IMO's target is for a 50% cut in total greenhouse gases from shipping.
The panel's brief is to "develop a strategy to support the industry achieve these goals", the port authority said.
Among the oil and shipping companies represented on the panel are AP Moller-Maersk, Cargill, Cosco, Shell and the universities of Nanyang and Princeton.
The panel is chaired by Andreas Sohmen-Pao, who is executive chairman of the BW Group.