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Decarbonisation remains a top priority for shipping executives

Despite the challenges of the Covid-19 pandemic decarbonisation remains a top three priority for 95% of shipping executives in a survey by Shell and Deloitte.

Some 82 senior shipping executives from 22 countries were interviewed for a new report “Decarbonising Shipping: All Hands on Deck” published by Shell together with Deloitte Netherlands and Deloitte UK.

Grahaeme Henderson, Vice President Shell Shipping & Maritime, said "While shipping leaders are rightly focused on the current challenges of the Covid-19 pandemic, our research shows that they still have their sights on the horizon and identify decarbonising shipping as a top priority.”

Some 95% of executives interviewed saw decarbonisation as a top three priority and over 80% felt its importance had increased significantly over the last 18 months. Customer and market demand was seen as major factor in driving decarbonisation by 85% of those surveyed.

“The research identified the barriers the industry faces, solutions that will drive progress, and how we can work help accelerate change. We want to catalyse progress towards a net-zero emissions shipping industry and working together will be crucial to implementing these solutions,” Henderson said.

Five priority solutions were identified for implementation over the next two to three years to speed up the process. These are: scale up customer demand; global regulatory alignment; cross-sector R&D; scale up controlled pilot projects; and coordinated industry commitment.

Tarek Helmi, partner, Deloitte Netherlands, said, “The insights from the research give us a comprehensive roadmap to unlock decarbonisation by identifying who needs to do what, and when to drive change.”

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