Tripartite Shipbuilding Forum Takes Steps to Support CO2 Emission Reductions

by Ship & Bunker News Team
Monday November 27, 2017

BIMCO, INTERTANKO, OCIMF, IACS, ASEF, SEAEurope, and the International Chamber of Shipping (ICS) today said that delegates at the annual Tripartite Shipbuilding Forum agreed that, to reduce CO2 emissions, the shipping industry needs to better utilise all available technology and increase technological innovation.

As a result, the Tripartite forum has established inter-industry working groups intended to develop a better understanding of current R&D efforts toward new technologies needed for the shipping industry to achieve a vision for zero CO2 emissions.

"The shipping industry urgently needs new ship designs, equipment, propulsion systems and alternative fuels to achieve the CO2 reduction goals established by the Paris Agreement on climate change, and the specific objectives to be established for international shipping by the UN IMO as part of its GHG reduction strategy," stated the organisations in a joint statement.

"The Tripartite participants hope that the general understandings reached at its meeting will send an important signal to all industry stakeholders about the vital role that everyone must play to deliver the continuous improvement of shipping's environmental performance now demanded by global society."

Last week Ship & Bunker reported that ICS, in an address to government trade negotiators in the OECD Working Party on Shipbuilding, said that the shipping industry can only be environmentally sustainable if it is also economically sustainable.

Ship & Bunker News Team
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