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In this episode we take a look at how the maritime industry is navigating the journey to decarbonisation, with a focus on alternative fuels and decarbonisation. Despite the need for urgent action and to meet targets set for the industry, there is some confusion about what fuels to adopt, and a need for greater understanding about safety and insurance implications.
We hear from Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation - an NGO whose mission is to help the international shipping sector eliminate its greenhouse gas emissions. She outlines how the targets are useful but challenging. Professor Loo is joined by David Roberts, Managing Director of Standard Club Asia, who gives us insight from the maritime industry and explores how the issue impacts insurance.
Highlights:
00:11 The Push for Decarbonisation in Maritime Industry
00:49 Expert Insights: David Roberts and Professor Lynn Loo
02:38 Challenges and Strategies in Decarbonization
04:34 Regulatory Targets and Industry Readiness
07:43 The Role of Alternative Fuels
14:51 Insurance Implications of Alternative Fuels
18:26 Realistic Targets and Future Outlook
28:41 Conclusion and Final Thoughts
By NorthStandardIn this episode we take a look at how the maritime industry is navigating the journey to decarbonisation, with a focus on alternative fuels and decarbonisation. Despite the need for urgent action and to meet targets set for the industry, there is some confusion about what fuels to adopt, and a need for greater understanding about safety and insurance implications.
We hear from Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation - an NGO whose mission is to help the international shipping sector eliminate its greenhouse gas emissions. She outlines how the targets are useful but challenging. Professor Loo is joined by David Roberts, Managing Director of Standard Club Asia, who gives us insight from the maritime industry and explores how the issue impacts insurance.
Highlights:
00:11 The Push for Decarbonisation in Maritime Industry
00:49 Expert Insights: David Roberts and Professor Lynn Loo
02:38 Challenges and Strategies in Decarbonization
04:34 Regulatory Targets and Industry Readiness
07:43 The Role of Alternative Fuels
14:51 Insurance Implications of Alternative Fuels
18:26 Realistic Targets and Future Outlook
28:41 Conclusion and Final Thoughts