LR and its partners unveil the “Silk Alliance” green corridor project.
Lloyd’s Register Maritime Decarbonization Hub is working with 11 key supply chain players to develop a fleet fuel transition strategy that can enable the establishment of a highly scalable greenway cluster.
Initiated by Lloyd’s Register Maritime Decarbonisation Hub, The Silk Alliance brings together a diverse group of organizations whose collaboration can advance the decarbonisation of the maritime industry. These include shipowners, such as MSC Shipmanagement Ltd., Pacific International Lines (Pte) Ltd (PIL), Wan Hai Lines, X-Press Feeders, Yang Ming Marine Transport Corp. ; shipyard, Keppel Offshore & Marine Ltd (Keppel O&M); bunker logistics provider, Singfar International; engine manufacturer, Wärtsilä; Ship Manager, Wilhelmsen Ship Management; and financial institutions, the Asian Development Bank and ING.
Initially, these members will collaborate to send an aggregate demand signal to other stakeholders such as fuel suppliers, port operators and governments to support the Green Corridor Cluster.
Silk Alliance members will draw on their individual areas of expertise to develop a fleet-specific fuel transition strategy for container ships operating primarily in Asia, based on the Lloyd’s Register Maritime Decarbonization Hub’s First come framework. This is designed to build leadership and foster collaboration across the marine industry to deliver on its commitments at COP26 and to demonstrate tangible actions that can reduce the investment risk that currently prevents wider adoption of sustainable and neutral fuels. in carbon.
The initiative is named after the maritime stretch of the historic Silk Road, linking Southeast Asia with China, the Indian subcontinent and the Arabian Peninsula, which has developed over the centuries. to integrate new technologies and cultures. The collaboration across supply chains aims to provide lessons to enable safe, commercially viable and sustainable shipping in support of the industry’s long-term strategy to decarbonize international shipping by 2050.
Charles Haskell, Lloyd’s Register decarbonization program manager, said“This is a first of its kind in the development of fleet transition strategies for multiple stakeholders, not only with the support of major players in the maritime industry, but also with operators from other industries. who serve the maritime supply network – shipowners, shipyard managers, financial institutions, bunker suppliers and engine manufacturers.
“The Silk Alliance aims to establish a fleet-specific decarbonization strategy and a green corridor implementation plan that encompasses the key links in the maritime supply network that are essential to supplying maritime players of all sizes the resources needed to switch to carbon neutral fuels and vessels.
Goh Chung Hun, General Manager, Fleet, PIL said: “PIL is pleased to be a member of The Silk Alliance, as we are a key proponent of the collective multi-stakeholder approach to developing an effective and achievable decarbonization strategy for the shipping industry. We hope that through our participation in The Silk Alliance, we can demonstrate our commitment to decarbonizing our fleet, while working with other stakeholders to establish regional green corridors for shipping using low-emission fuels or technologies. of carbon.
Aziz Merchant, Executive Director of Keppel Marine and Deepwater Technology, the technology arm of Keppel O&M, said: “We are committed to playing a role in decarbonizing the maritime industry. As a partner shipyard of The Silk Alliance, Keppel O&M is pleased to bring its deep engineering expertise in the design and operation of ships, as well as its extensive experience in ship modernization, which can help shipowners and managers to improve the energy efficiency and carbon intensity of their fleets. and operations. Keppel O&M is also working on end-to-end solutions for the development and adoption of greener marine fuels, which will further help The Silk Alliance achieve its goals.
Carl Schou, CEO and President of Wilhelmsen Ship Management, said“The Silk Alliance represents an opportunity for the industry to leapfrog the progress of the energy transition. We look forward to contributing our vessel management and crewing expertise to the development of this transition strategy. We hope to aggregate the calculated human factor at the heart of this transition.
Anju Abrol, head of wholesale banking APAC at ING, said“ING prides itself on being a pioneer in sustainability and is an early signatory of the Poseidon Principles, a framework for integrating climate considerations into lending decisions to advance the decarbonization of international shipping. The Silk Alliance marks a further and necessary step in this decarbonization journey and we are encouraged to join key stakeholders across the value chain. We look forward to working with all of them to meet this challenge and make it happen. »
Yang Ming Marine Transport Corp. said : “We are dedicated to environmental sustainability and always go beyond simple regulatory compliance. In order to develop a reliable fleet transition strategy to reduce both carbon and GHG emissions in the medium to long term, we will need the help of different platforms that could help us explore the most realistic way achieve the decarbonization goal. Yang Ming is delighted to participate in The Silk Alliance to reinforce our commitment to decarbonizing our fleet, which has been clearly demonstrated by our upcoming plan to build five 15,000 TEU vessels with a greener, low-emission fuel option. carbon.
Stam Achillas, Business Development and Sales Manager at Wärtsilä, 2-Stroke Fuel Conversions, said: “Decarbonization is at the heart of our strategy at Wärtsilä and we have never felt more committed to helping our marine customers future-proof their fleets through our expertise and broad portfolio of internal combustion engine solutions, clean fuels, of propulsion and energy-saving systems. We are delighted to be a member of the Silk Alliance, a constellation of leading industry experts, visionaries and pragmatists. In such a collaborative environment, we believe that we we can chart a viable course along future shipping fuel routes.