Grad Partners With Major Decarb Hubs

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As decarbonisation transforms the maritime industries, shipowners will increasingly have to convert their operations to alternative fuels and low-carbon technologies exposing them to new risks and operational challenges. As a leading marine insurer, we want to support the industry in this transition. That is why Gard has entered into partnership agreements with two global decarbonisation centres:

The Global Centre for Maritime Decarbonisation (GCMD)

The Global Centre for Maritime Decarbonisation is a non-profit organisation set up in Singapore on 1 August 2021 by the Maritime and Port Authority of Singapore (MPA), BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Sembcorp Marine. GCMD aims to help the industry eliminate GHG emissions by shaping standards for future fuels, financing first-of-a-kind projects, piloting low-carbon solutions – end-to-end – under real-world operating conditions, and collaborating across sectors.

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

Based in Copenhagen, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is a not-for-profit, independent research- and development center working across the energy- and shipping sectors with industry, academia, and authorities. With Partners, the Center explores viable decarbonization pathways, facilitates the development and implementation of new energy technologies; builds confidence in new concepts and their supply chains; and accelerates the transition by defining and maturing viable strategic pathways to the required systemic change.

The Center is placed in Copenhagen but works with partners globally. The Center was founded in 2020 and is supported by a total donation of DKK 720m from the A.P. Moller Foundation. Strategic Partners to the Center include American Bureau of Shipping, Alfa Laval, A.P. Moller – Maersk, bp, CF Industries. Cargill, DP World, Equinor, Hapag-Lloyd, John Swire & Sons, MAN Energy Solutions, Mitsubishi Heavy Industries, Mitsui, DS NORDEN, NYK Line, Rio Tinto, Royal Caribbean Group, Seaspan Corporation, Siemens Energy, Stolt Tankers, Sumitomo Corporation, Topsoe, TotalEnergies, and V.Group.

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Source: Grad

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