In the ongoing effort to address the environmental impact of marine transportation, carbon capture technology is emerging as a promising solution. Intercargo Chairman, Dimitris Fafalios, stresses the need for comprehensive regulations and highlights the potential of carbon capture in managing emissions from existing fleets, as reported by Seatrade-maritime.
- Intercargo Chairman calls for comprehensive decarbonization regulations, stressing the need for industry-wide collaboration.
- Carbon capture emerges as a promising technology for bulk carriers, set to play a significant role in managing emissions from existing fleets.
- Investors favor carbon capture solutions as the maritime industry adapts to greener practices.
Intercargo Chairman Stresses the Need for Comprehensive Decarbonization
Dimitris Fafalios, Chairman of Intercargo, emphasizes that effective decarbonization efforts in the marine industry must extend beyond shipowners. He calls for consistent and broad regulations that encompass shipyards and apply at both national and international levels, highlighting the collaborative nature of decarbonization.
Carbon Capture Emerges as a Promising Technology
Fafalios acknowledges the potential of carbon capture technology as a game-changer in the pursuit of green marine transport. He anticipates significant advancements in carbon capture systems for bulk carriers within the next five years, with Greece playing a pivotal role in testing these innovations. Carbon capture is set to become a key player in managing emissions from the existing fleet.
Industry-Wide Collaboration is Key
The call for regulation that goes beyond shipowners underscores the industry’s adaptability when the right technology is available. Fafalios highlights the need for unified and consistent regulations to drive sustainable change in shipping, emphasizing that decarbonization is a collective effort involving multiple stakeholders.
Carbon Capture Gains Favour Among Investors
Investors in the maritime sector are increasingly turning to carbon capture technology as a preferred solution. Its growing prominence, especially in the bulk carrier segment, underscores the industry’s commitment to adopting innovative approaches for a greener and more sustainable future.
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Source:Seatrade-maritime
