ABS shared the latest insights on sustainability, technology, regulations and market trends with maritime leaders from around the country at the annual ABS Japan National Committee Meeting.
Reimagining Energy: Insights from ABS Japan
Committee members heard that ABS has secured the number one position in global orderbook share and grown the fleet to 297 million gross tons, with more than 11,500 assets.
“We’ve heard how the shipping industry is challenged by world economics, geopolitics, shipyard capacity and market-based decarbonization measures. The expertise in the room today is supporting innovation and navigating new regulations while focused on maintaining safe and viable operations,” said Vassilios Kroustallis, ABS Senior Vice President, Business Development.
Darren Leskoski, ABS Vice President, Regional Business Development, briefed the committee on major market trends including the energy transition and emerging markets.
Stamatis Fradelos, ABS Vice President, Regulatory Affairs, presented information on the latest developments in the dynamic regulatory environment, including an in-depth analysis of FuelEU regulations which take effect January 1, 2025.
Koichi Muto, ABS Committee Chair and Corporate Advisor, Mitsui O.S.K. Lines, opened the event emphasizing the need for finding truly effective technologies for energy efficiency in the maritime industry. He also focused on the overall goal of carbon neutrality, saying to achieve it, we much explore various renewable energy possibilities.
The committee meetings are a forum for ABS members, including owners, operators, charterers, and industry representatives from owner associations and the shipbuilding and insurance sectors, to come together with ABS leaders and discuss safety and other industry issues and developments. These forums are an important part of an ongoing dialogue with the industry to address technical, operational and regulatory challenges.
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Source: ABS
