The wider shipping industry has been called on by a group of leading shipping operators, led by the Sustainable Shipping Institute (SSI), to grasp hold of new finance models which would be used to fund clean tech upgrades and support calls for lowering shipping emissions via an international framework, according to Business Green.
SSI, a group of leading shipping operators represents 17 firms across the shipping industry, including Bunge, Cargill, Maersk Line, ABN AMRO, Lloyd’s Register and AkzoNobel recently published a report detailing its efforts in rolling out clean technologies.
Alastair Fischbacher, CEO of SSI, said: “There is no room for complacency, and we must be under no illusion of the significant challenges that lie ahead.
“We have shown that when organisations within the industry come together to make a difference and drive more sustainable behaviours, great things can be achieved.
“We will continue with this mission, and welcome organisations from all elements of the shipping supply chain to join with us and work to deliver a sustainable industry.”
796 million tonnes of emissions were caused by the global shipping in 2012; however, manufacturers are currently investigating new ways to clean up emissions and reduce the environmental impact.
Shipping was recently left off the agenda at the recent COP21 Paris climate talks and calls – no least from Maersk Line – have arisen stating the industry should do more.