Driving Sustainability: ASA-SNEC’s Call For Industry Wide Support

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The Asian Shipowners’ Association Safe Navigation and Environment Committee (ASA-SNEC) urges the shipping industry to continue to highlight the maritime security situation in the Red Sea.

Geopolitical tensions

While the heightened geopolitical tensions in the region have resulted in increased military presence and maritime patrols to ensure the safety of vessels passing through the area, there is a renewed threat of Piracy off the African coasts.

Industry wide support

The ASA-SNEC calls for industry-wide support for ambitious net zero targets by adopting the Zero Emission Shipping Fund (ZESF), a pivotal tool for propelling the maritime industry towards sustainability.

The ZESF promotes global cooperation, transparency, and inclusivity, fostering collaboration among shipowners, governments, and international organisations. Allocating funds to support developing countries ensures equitable access to resources for decarbonisation, contributing to both emissions reduction and socioeconomic development.

Pending consideration by the IMO Member States, this proposal represents a tangible pathway towards achieving ambitious GHG reduction targets, emphasising a unified approach to decarbonisation and inviting all stakeholders to join the journey towards zero-emission shipping.

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Source : Seanews