ABS Black Sea Committee Tackles Regulatory And Decarbonization Challenges

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Maritime stakeholders including charterers, owners, brokers, designers, and shipbuilders joined ABS at the annual Black Sea Regional Committee to discuss the dynamic regulatory environment, the impact of market-based measures, and the potential of carbon intensity reduction technologies, according to an article published on their website.

ABS Leadership Insights

Vassilios Kroustallis, ABS Senior Vice President of Global Business Development and Global Marine, emphasized ABS’s commitment to supporting the next-generation maritime industry through advanced vessel designs, fuels, infrastructure, digitalization, and decarbonization strategies. Kroustallis highlighted the need for shipping stakeholders to navigate cleaner fuels, energy efficiency retrofits, and data optimization to improve voyage performance amidst the global energy transition.

The ABS sustainability team provided updates on the latest capabilities and solutions to help clients reach net-zero carbon emissions. This includes energy efficiency technologies such as retrofits with lower friction coatings, carbon capture technologies, and the adoption of biofuels.

ABS leadership briefed committee members on the latest regulatory developments impacting the environment and maritime safety, with a focus on the European Commission’s Fuel EU program, the European Union’s Fit for 55 plan, and the emissions trading system (EU ETS).

The Committee meetings serve as a forum for ABS members, including owners, operators, designers, charterers, and representatives from the shipbuilding and insurance sectors, to engage with ABS leaders. These discussions are crucial for addressing technical, operational, and regulatory challenges in the maritime industry.

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Source: ABS