Spanning the entire maritime ecosystem, from technology developers and fuel providers to shipbuilders, ship operators, and ports, the Summit’s discussions centered on three crucial areas: technology development, alternative fuel opportunities, and policy and regulation.
“Achieving net zero is not something any one company can do alone – it requires collective problem solving, creative thinking, and a willingness to have tough conversations,” said Jason Liberty, president and CEO, Royal Caribbean Group. “This week we have put steps in place to catalyze an open dialogue that will foster the thinking necessary to develop an environment where net zero is attainable and sustainable.”
The Summit concluded with three key advancement areas to help the industry usher in a new era of collaboration to achieve net zero in the next 25 years:
Technology: Focused on creating an independent network or platform for the maritime industry to share important findings on pilot and testing programs.
Fuel: Advocated for an independent third-party platform to aggregate low-carbon fuel demand by location, providing insights to better prepare for alternative fuel supply.
Policy: Agreed on developing a set of principles outlining critical policy actions needed to support the industry’s shared decarbonization goals, informing progress for the International Maritime Organization (IMO).
“The shipping industry is at a pivotal stage, where concrete plans and actions are shaping a sustainable future. The cruise industry, while facing its own decarbonization challenges and opportunities, offers valuable insights for the entire maritime sector,” stated Bo Cerup-Simonsen, CEO of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. “This event by Royal Caribbean Group exemplifies first-mover leadership by taking responsibility beyond their own agenda, fostering crucial discussions, collaboration, knowledge sharing, and action across the ecosystem to accelerate the transition towards a decarbonized maritime industry.”
Tags: Bo Cerup-Simonsen, Mærsk Mc-Kinney, Jason Liberty, Royal Caribbean Group, Decarbonization Summit
