This article comes from "China Shipping Weekly", written by Effy
A few days ago, Lloyd's Register Maritime Decarbonisation Hub announced that it would join hands with partners to launch the establishment of the "Silk Alliance" ), aiming to establish a highly scalable Green Corridor Cluster starting from intra-Asian container trade to promote decarbonization and emission reduction in the shipping industry.
Lloyd's Register related announcement
According to reports, the "Silk Road Alliance" is named after the historic "Silk Road" sea section, which connects Southeast Asia with China, the Indian subcontinent and the Arabian Peninsula.
Lloyd’s Register’s Maritime Decarbonization Center said it is working with 11 supply chain stakeholders around the world. Currently, members of the "Silk Road Alliance" include shipping companies such as Pacific International Lines (PIL), Wanhai Shipping, Yang Ming Shipping, and X-Press Feeders, as well as shipyards, fuel suppliers, engine manufacturers, and financial institutions.
Specifically, the members of the Silk Road Alliance will use their expertise in their respective fields to develop fuel transition strategies, mainly for container ships operating in Asia, by promoting cooperation within the industry to fulfill the shipping industry’s commitment to the 26th United Nations Climate Change Conference. (COP26), through practical actions to reduce investment risks in the use of sustainable carbon-neutral fuels.
In response, Charles, Lloyd’s Register decarbonization project manager Haskell said: "This is the first time that a fuel transition strategy has been developed for multiple stakeholders. We have the support not only from the major players in the shipping industry, but also from other industries, which will be critical to decarbonizing the industry."
yang Yang Ming Shipping said: "We have always been committed to the sustainable development of the shipping industry. In order to develop a reliable fuel transition strategy and reduce greenhouse gas emissions, we need the support of different platforms to explore feasible solutions to achieve decarbonization. Yang Ming Shipping strengthens Our commitment to fleet decarbonization is demonstrated by our plan to build five 15,000TEU ships. The fuel chosen for these ships is more environmentally friendly and lower-carbon.”
Ye Wenchao, deputy general manager of Wanhai Shipping, believes. :"do As a responsible shipping company, we must take active actions and jointly achieve the goal of carbon neutrality through cross-disciplinary cooperation with alliance members, combining expertise in shipping, finance, technology and energy."
Goh, General Manager of PIL Shipping Lines. Chung Hun said: "PIX is pleased to be a member of the Silk Road Alliance, and we hope that by participating in this alliance, we will demonstrate our commitment to the decarbonization of our fleet. At the same time, we will work with other stakeholders to achieve our goals by leveraging low-cost Carbon fuel, establishing regional green corridors for regional shipping.”
It is understood that at the COP26 meeting, 22 countries jointly signed the “Clydebank Declaration” and announced the establishment of multiple zero-emission shipping routes, namely “green shipping corridors.” ".
The Green Shipping Corridor aims to encourage ships to use zero-emission fuels by establishing a pricing mechanism, initially through subsidies and eventually through carbon pricing strategies.
