Global Maritime Forum

Norwegian Cruise Line Holdings Joins Global Maritime Forum to Support Shared Mission of Driving a Positive Change for the Industry, Environment and Society

Retrieved on: 
Thursday, October 19, 2023
Poseidon, NYSE, Friends, Innovation, International Maritime Organization, Global Maritime Forum, Norwegian Cruise Line Holdings, Organization, Regent Seven Seas Cruises, Environment, Partnership, NCLH, Economic development, Cruise line, Shipbuilding, Collaboration

MIAMI, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company” or “Norwegian”), a leading global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, today announced its partnership with Global Maritime Forum, a global non-profit organization committed to shaping the future of global seaborne trade to increase sustainable long-term economic development and human wellbeing.

Key Points: 
  • MIAMI, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company” or “Norwegian”), a leading global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, today announced its partnership with Global Maritime Forum, a global non-profit organization committed to shaping the future of global seaborne trade to increase sustainable long-term economic development and human wellbeing.
  • The new partnership highlights the Company’s commitment to the Collaboration pillar as the Company plans to participate in a variety of initiatives led by Global Maritime Forum, including the Getting to Zero Coalition.
  • “We are pleased to welcome Norwegian Cruise Line Holdings as a Global Maritime Forum partner,” said Johannah Christensen, Chief Executive Officer of Global Maritime Forum.
  • Since its inception, the Company has participated and provided data to signatory banks in alignment to the Poseidon Principles.

ZCG-Backed Unimed Appoints Jesper Lok to Board of Directors

Retrieved on: 
Monday, June 26, 2023
Pharmaceutical, Medical Supplies, General Health, Health, Maritime, Logistics, Supply Chain Management, Transport, Other Health, Vaccine, Global Maritime Forum, Richard Cadell, DSB, Oxygen, Multimedia, Ship, Growth, Inchcape Shipping Services, Pharmaceutical industry, Management, Unimed, Maersk

Universal Marine Medical Supply International (“Unimed” or the “Company”), the leading global provider of pharmaceutical and medical solutions to the maritime industry and a ZCG portfolio company, today announced the appointment of Jesper Lok to its Board of Directors.

Key Points: 
  • Universal Marine Medical Supply International (“Unimed” or the “Company”), the leading global provider of pharmaceutical and medical solutions to the maritime industry and a ZCG portfolio company, today announced the appointment of Jesper Lok to its Board of Directors.
  • Mr. Lok brings more than 30 years of international Board and executive leadership experience to Unimed, including 25 years in various senior positions across Asia, Europe and Africa at Maersk, a global integrated logistics company.
  • “We are delighted to welcome Jesper to the Unimed Board of Directors.
  • Unimed specializes in providing a wide range of mission-critical medical and clinical supplies, including oxygen, surgery equipment, vaccines and pharmaceutical products.

East Bay Community Energy and Forum Mobility Announce Innovative Financing for First of Its Kind Electric Truck Charging Depot in Livermore

Retrieved on: 
Tuesday, June 13, 2023
California Air Resources Board, Partnership, California Energy Commission, Electricity, Port, I-580, Carbon, Movement, Greenville, Port of Oakland, NOx, City, Global Maritime Forum, Transport, Forum

The EBCE Board has approved providing $4.5 million in financing to Forum Mobility, a zero-emission truck solutions provider, to support the development of an innovative electric truck charging depot in Livermore, California.

Key Points: 
  • The EBCE Board has approved providing $4.5 million in financing to Forum Mobility, a zero-emission truck solutions provider, to support the development of an innovative electric truck charging depot in Livermore, California.
  • "East Bay Community Energy provides clean electricity from Oakland to Tracy – and now Forum Mobility will provide clean trucking on the same route.
  • We're excited to help Forum Mobility charge electric trucks with 100% renewable energy, and further reduce harmful emissions in our community," said Nick Chaset, CEO of East Bay Community Energy.
  • The EBCE loan will support the development of Forum's Greenville Community Charging Depot on a 4.4-acre site just off I-580 in Livermore.

Shipping industry can save $50 bn through four enablers of operational efficiency

Retrieved on: 
Monday, March 27, 2023
Paris Agreement, Global Maritime Forum, International Maritime Organization, MEPC, Research, Transport, Aircraft, Carbon, IMO, Climate change mitigation, Economic development, Senior advisor, CO2, Renewable energy

The shipping industry is facing a major transformation as it is working towards full decarbonisation by 2050.

Key Points: 
  • The shipping industry is facing a major transformation as it is working towards full decarbonisation by 2050.
  • Maximising vessel and fleet performance through operational efficiency can reduce annual fuel costs by $50 billion at today's prices, according to research.
  • The research also suggests that optimising operational efficiency has the potential to reduce annual emissions by more than 200m tonnes of CO2.
  • Each of these enablers will be explored in the upcoming insight briefs which will dive deeper into the identified solutions and enablers.

Shipping industry can save $50 bn through four enablers of operational efficiency

Retrieved on: 
Monday, March 27, 2023
Paris Agreement, Global Maritime Forum, International Maritime Organization, MEPC, Research, Transport, Aircraft, Carbon, IMO, Climate change mitigation, Economic development, Senior advisor, CO2, Renewable energy

The shipping industry is facing a major transformation as it is working towards full decarbonisation by 2050.

Key Points: 
  • The shipping industry is facing a major transformation as it is working towards full decarbonisation by 2050.
  • Maximising vessel and fleet performance through operational efficiency can reduce annual fuel costs by $50 billion at today's prices, according to research.
  • The research also suggests that optimising operational efficiency has the potential to reduce annual emissions by more than 200m tonnes of CO2.
  • Each of these enablers will be explored in the upcoming insight briefs which will dive deeper into the identified solutions and enablers.

Progress Report shows that Maritime Green Corridors are taking off - but essential stakeholders must not be left behind

Retrieved on: 
Thursday, November 17, 2022
Zero, Global Maritime Forum, Hydrogen, East Bay Green Corridor, Government, InWEnt, Pruitt–Igoe, Partnership, Low-carbon economy, Economic development, Industry, Association, Policy, GMF, Methanol, Wildlife, Public sector, Solution, Renewable energy

However as maritime Green Shipping Corridors progress towards implementation, some key industry stakeholders, especially cargo owners and fuel producers, will need to be engaged as soon as possible.

Key Points: 
  • However as maritime Green Shipping Corridors progress towards implementation, some key industry stakeholders, especially cargo owners and fuel producers, will need to be engaged as soon as possible.
  • So far, maritime Green Corridors are too shipping-centric, more needs to be done to involve cargo owners and producers of future fuels if important obstacles are to be overcome.
  • "Green Corridors have captured the maritime sector's imagination, and the number of initiatives that have been launched in one year is genuinely exciting," Fahnestock said.
  • "These corridors are all at very early stages, but as they move towards implementation, this report can provide a platform for monitoring and sharing global progress.

Progress Report shows that Maritime Green Corridors are taking off - but essential stakeholders must not be left behind

Retrieved on: 
Thursday, November 17, 2022
Zero, Global Maritime Forum, Hydrogen, East Bay Green Corridor, Government, InWEnt, Pruitt–Igoe, Partnership, Low-carbon economy, Economic development, Industry, Association, Policy, GMF, Methanol, Wildlife, Public sector, Solution, Renewable energy

However as maritime Green Shipping Corridors progress towards implementation, some key industry stakeholders, especially cargo owners and fuel producers, will need to be engaged as soon as possible.

Key Points: 
  • However as maritime Green Shipping Corridors progress towards implementation, some key industry stakeholders, especially cargo owners and fuel producers, will need to be engaged as soon as possible.
  • So far, maritime Green Corridors are too shipping-centric, more needs to be done to involve cargo owners and producers of future fuels if important obstacles are to be overcome.
  • "Green Corridors have captured the maritime sector's imagination, and the number of initiatives that have been launched in one year is genuinely exciting," Fahnestock said.
  • "These corridors are all at very early stages, but as they move towards implementation, this report can provide a platform for monitoring and sharing global progress.

Leading shipping banks and marine insurers pave the way for 1.5-aligned emissions benchmarking

Retrieved on: 
Thursday, September 22, 2022
Poseidon, Temperature, UN, Transparency, NEW, Port Phillip Heads Marine National Park, Global Maritime Forum, Industry, Climate change, Signature, Goal, Accountability, Citigroup, Financial institution, Insurance, Renewable energy

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The Poseidon Principles have committed to adopting an emissions reduction trajectory in line with net-zero commitments, as soon as such a trajectory or trajectories become available. The Poseidon Principles provide a framework for financial institutions and marine insurers to measure and publicly report the climate alignment of ship finance and marine insurance portfolios with global climate action goals.

Key Points: 
  • This new commitment will align the Poseidon Principles with the ambition of the UN and the latest available climate science.
  • The Poseidon Principles provide a framework for financial institutions and marine insurers to measure and publicly report the climate alignment of ship finance and marine insurance portfolios with global climate action goals.
  • ThePoseidonPrinciplesarealready alignedwiththeInternationalMaritimeOrganization'sambitiontoreduceGHGemissionsfrom international shipping byatleast 50% by2050.The Poseidon PrinciplesforMarine Insurancealso benchmark against an emissions reduction trajectory in line with a 100% reduction by 2050.
  • The PoseidonPrinciplesforFinancialInstitutions andthe PoseidonPrinciplesforMarineInsurance areframeworks for measuring and reporting the alignment of financial institutions' shipping portfolios and marine insurers' hull and machinery portfolios with climate goals.

Leading shipping banks and marine insurers pave the way for 1.5-aligned emissions benchmarking

Retrieved on: 
Thursday, September 22, 2022
Poseidon, Temperature, UN, Transparency, NEW, Port Phillip Heads Marine National Park, Global Maritime Forum, Industry, Climate change, Signature, Goal, Accountability, Citigroup, Financial institution, Insurance, Renewable energy

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The Poseidon Principles have committed to adopting an emissions reduction trajectory in line with net-zero commitments, as soon as such a trajectory or trajectories become available. The Poseidon Principles provide a framework for financial institutions and marine insurers to measure and publicly report the climate alignment of ship finance and marine insurance portfolios with global climate action goals.

Key Points: 
  • This new commitment will align the Poseidon Principles with the ambition of the UN and the latest available climate science.
  • The Poseidon Principles provide a framework for financial institutions and marine insurers to measure and publicly report the climate alignment of ship finance and marine insurance portfolios with global climate action goals.
  • ThePoseidonPrinciplesarealready alignedwiththeInternationalMaritimeOrganization'sambitiontoreduceGHGemissionsfrom international shipping byatleast 50% by2050.The Poseidon PrinciplesforMarine Insurancealso benchmark against an emissions reduction trajectory in line with a 100% reduction by 2050.
  • The PoseidonPrinciplesforFinancialInstitutions andthe PoseidonPrinciplesforMarineInsurance areframeworks for measuring and reporting the alignment of financial institutions' shipping portfolios and marine insurers' hull and machinery portfolios with climate goals.

Shipping taking promising first steps towards 2030 breakthrough goals on scalable zero emission fuels

Retrieved on: 
Wednesday, September 21, 2022
Zero, Adoption, GHG, Carbon, Decision-making, UN, Policy, Breakthrough, NEW, IMO, Global Maritime Forum, Partnership, SZEF, Industry, UMAS, Progress, Investment, Aircraft, COP27, Technology, Goal, Solution, Consultant, Lloyd's Register, World Economic Forum, Workshop, 2014 UN Climate Summit, Global Maritime, Coalition, Renewable energy

NEW YORK, Sept. 21, 2022 /PRNewswire/ -- The shipping industry is working towards full decarbonization by 2050 at the latest and last year an action plan was launched on which both private and public actors can focus their collective efforts around this and coming decades.

Key Points: 
  • In terms of progress on technology and supply of SZEF (Scalable Zero Emission Fuels), the report found that shipping is only "partially on track.''
  • It adds that current orders for SZEF-ready ships should increase further, whilst a genuine zero carbon freight market is expected to emerge.
  • Katharine Palmer, Shipping Lead at the UN High level Climate Champions team said: "To achieve the 2030 Breakthrough goal we need near-term project level action describing tangible, collective action required.
  • This report provides evidence for the significant progress which has been made to decarbonize shipping, yet at the same time shows thatfurther significant action is required.