Baltic Exchange supports IAP decarbonisation initiative
The International Advisory Panel on Maritime Decarbonisation (IAP) has released a report outlining nine different pathways to accelerate the transition to reduced CO2 emissions from shipping. Included in the recommendations is for the Baltic Exchange to play a significant role in the harmonisation, standardisation and verification of carbon accounting measures.
The IAP is a Singapore led initiative co-chaired by Andreas Sohmen-Pao, Chairman of the Singapore Maritime Foundation, together with Wong Weng Sun, Chairman of the Board and Governing Council of the Singapore Maritime Institute. It comprises 28 other leaders from maritime and related organisations, including Baltic Exchange Chief Executive Mark Jackson.
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Joint Release by MPA and SMF: International Advisory Panel on Maritime Decarbonisation unveils nine pathways to support decarbonisation in the maritime industry
The International Advisory Panel on Maritime Decarbonisation (IAP) formed in July 2020 by the Singapore Maritime Foundation (SMF), with the support of the Maritime and Port Authority of Singapore (MPA), has submitted its recommendations to the Singapore Government. The IAP has identified nine pathways to maritime decarbonisation, including policy options to accelerate the transition and ways in which Maritime Singapore can support the industry’s decarbonisation.