Alternative fuels - the targets for success
Alongside5 Dec 2022

Alternative fuels - the targets for success

In this episode we take a look at how the maritime industry is navigating the journey to decarbonisation, with a focus on alternative fuels and decarbonisation. Despite the need for urgent action and to meet targets set for the industry, there is some confusion about what fuels to adopt, and a need for greater understanding about safety and insurance implications.

We hear from Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation - an NGO whose mission is to help the international shipping sector eliminate its greenhouse gas emissions. She outlines how the targets are useful but challenging. Professor Loo is joined by David Roberts, Managing Director of Standard Club Asia, who gives us insight from the maritime industry and explores how the issue impacts insurance.

Highlights:

00:11 The Push for Decarbonisation in Maritime Industry

00:49 Expert Insights: David Roberts and Professor Lynn Loo

02:38 Challenges and Strategies in Decarbonization

04:34 Regulatory Targets and Industry Readiness

07:43 The Role of Alternative Fuels

14:51 Insurance Implications of Alternative Fuels

18:26 Realistic Targets and Future Outlook

28:41 Conclusion and Final Thoughts

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