Container Supply Chain Programme Wednesday 30th November / 14:00 - 15:00 SGT
After the release of the IPCC’s latest report on climate change, the maritime industry must now accelerate its pace to reach the Net Zero Carbon 2050 goal.
However, not only is the energy transition in Asia going too slow, but the goal on a global scale could cost the maritime industry around $3.4 trillion worth of investments to meet IMO-mandated climate goals over the next 30 years, according to the economist Martin Stopford.
The main reason behind this is the lack of a clear roadmap for the sector to follow, which is in turn the result of uncoordinated efforts, led by several industry stakeholders not working together.
With new technologies, alternative fuels, joint ventures, and modern infrastructure coming into the game, industry stakeholders in Asia have now the opportunity to capitalize on the region’s role within the world’s supply network and bring secure a sustainable future for the maritime & logistics sector.
With increasing pressure to reduce carbon emissions and achieve sustainability, ports and terminals in Asia must navigate through the complexity of energy transition.
While ports in Japan, China and South Korea are among the first boosting cleaner fuel options –including LNG–, Singapore seems to be leading the way for maritime decarbonisation with its partnership with the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA), to accelerate the region’s low-carbon energy transition, and the creation of the Global Centre for Maritime Decarbonization (GCMD). The centre has been set up with a S$120 million fund from MPA and six founding partners namely BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Sembcorp Marine, and will lead the maritime industry’s energy transition journey by promoting collaboration efforts to reduce GHG emissions, implement identified decarbonisation pathways and create new business opportunities. Furthermore, as the island nation undergoes energy transition, it emphasizes the need for regional and international intersectoral partnerships to boost electricity and hydrogen trading.
Although innovation will be crucial to achieve net zero emissions, this must go alongside transversal collaboration from all industry stakeholders.
What projects, partnerships and initiatives are being launched to decarbonise the maritime and logistics sector? How can governments, port authorities, terminal operators and other stakeholders in Asia get involved?
How are ports & terminals deploying alternative fuels and navigating through the energy transition?
Can the development of strategic port locations powered by alternative fuels optimise route efficiency?
Dr Nils Kemme, Managing Director, HPC Hamburg Port Consulting
PRESENTATION TITLE TO BE ANNOUNCED Sahar Rashidbeigi, Head of Decarbonisation, APM Terminals
PRESENTATION TITLE TO BE ANNOUNCED Renske Schoenmaker, Senior Business Manager Containers Deepsea, Port of Rotterdam
JICT: TRANSFORMATION FROM OLD TERMINAL TO MODERN TERMINAL BY REDUCING CARBON FUEL Budi Cahyono, Vice President Director, Jakarta International Container Terminal (JICT)