The Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Dry Cargo Shipowners (Intercargo) have formed a two-year coalition partnership to accelerate decarbonisation efforts in the dry bulk segment.
This partnership combines GCMD’s technical insights and experience in executing pilots with Intercargo’s member reach and IMO engagement to help close critical adoption and operational gaps.
The partnership aims to promote the adoption of energy efficiency technologies (EETs) among dry bulk shipowners and facilitate knowledge exchange on advancements in low- and zero-carbon-fuelled vessels.
Dry bulk vessels, which account for 42.7 per cent of the world's oceangoing fleet, face unique challenges in planning bunkering at ports offering zero- or near-zero-emission fuels.
To meet the International Maritime Organisation's (IMO) decarbonisation targets, GCMD is conducting pilots and trials to lower barriers for the broad market adoption of these solutions.
The partnership will help advance the deployment of these solutions across the dry bulk segment.
GCMD is also supporting dry bulk shipowners in the energy transition by installing sensors onboard vessels to validate fuel savings and underpin Pay-As-You-Save (PAYS), a financing model that links repayments to verified fuel savings.
Lynn Loo, CEO of GCMD, said: "This partnership offers a valuable opportunity to deepen our understanding of the dry bulk segment’s operational realities and work collaboratively to address gaps in meeting the industry’s decarbonisation targets. Through Intercargo’s consultative status at IMO, we hope to contribute to the development of global regulatory frameworks for maritime decarbonisation.”
Dimitris Monioudis, Technical Committee Chairman of Intercargo, said: “As the voice of the world’s largest shipping segment, Intercargo is committed to making decarbonisation work for all our members. This partnership helps ensure practical, scalable technologies reach the companies moving most of the world’s essential cargoes. By combining GCMD’s strength in executing first-of-a-kind pilots with our members’ operational expertise and consultative status at the IMO, we can accelerate progress towards the industry’s decarbonisation targets.” -OGN / TradeArabia News Service