PE Live: Collaboration key to decarbonisation effort
Shipping is already benefitting from working groups looking into decarbonisation technology, improving safety and creating demand for low-carbon fuels
Shipping is already benefitting from working groups looking into decarbonisation technology, improving safety and creating demand for low-carbon fuels Stakeholders in shipping need to work together in collaborative groups if the industry is to overcome the decarbonisation challenge, an expert panel of speakers agreed on a PE Live webcast yesterday. “Collaboration is essential,” says Michael Parker, chairman of shipping & logistics at bank Citigroup, noting that historically the industry has struggled to collaborate due to intense competition between players. Parker was appointed to the board of the Global Maritime Forum, a Copenhagen-based non-profit organisation, in 2017. The forum has
Also in this section
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
7 May 2025
From China blocking US LNG to Trump demanding that various countries import more of the fuel, the politicisation of LNG is on the rise
