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06/12/2012 |
Sustainable Shipping Initiative reveals plans |
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SSI has a 'vision of a shipping industry that is both profitable and sustainable by 2040'
The Sustainable Shipping Initiative (SSI) is taking practical steps to tackle some of the sector's greatest opportunities and challenges and is working to achieve a vision of a shipping industry that is both profitable and sustainable by 2040.
SSI, which is "facilitated" by Forum for the Future in conjunction with the World Wildlife Fund, has announced that it will report on progress by its four initial "workstreams" in September next year, at an industry event in Singapore.
SSI's cross-industry coalition, including major industry players such as Maersk Line, Cargill, Lloyd's Register, DNV, Wärtsilä and Daewoo Shipbuilding and Marine Engineering (DSME).
In April this year, at Singapore Maritime Week, the SSI announced details of four initial workstreams, aimed at implementing its Vision for 2040. These address the areas where collective action has the greatest potential to accelerate change and are driven by SSI members.
The SSI was founded in 2010. In May 2011, the SSI published a Case for Action which addressed key challenges which today's shipping industry faces, such as a potential contraction in world trade, rapid changes in routes and markets, rising fuel costs, oversupply of vessels with obsolete technology, restricted investment in new technologies and growing scrutiny of the industry's social and environmental performance.
Source: World Bunkering |
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