Shipping poised to play a vital role in APAC cross-border CCUS initiatives, with annual CO2 shipping volumes projected to reach 100 MtPA by 2050

A joint study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) has identified shipping to play a key role in enabling CCUS initiatives, particularly when there is a large geographical mismatch between potential captured CO2 sources and sequestration hubs. The report, titled “Opportunities for Shipping to Enable Cross-border CCUS Initiatives”, …

Shipping poised to play a vital role in APAC cross-border CCUS initiatives, with annual CO2 shipping volumes projected to reach 100 MtPA by 2050 Read More »

Beyond fuels and technology: The human element in maritime decarbonisation

The maritime industry is at a pivotal moment in its decarbonisation journey. Over the past decade, the sector has transitioned from focusing solely on air pollutants like sulphur oxides to adopting comprehensive strategies for reducing greenhouse gas emissions. This evolution presents both significant challenges and transformative opportunities for stakeholders across the globe. When the Energy …

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