Sustainable Shipping Initiative Adds Industry Giants
Six major players have joined Forum for the Futureâs Sustainable Shipping Initiative. The 11-member group will work through 2011 to establish a strategy for future business and operations.
Sustainable Shipping Initiative (SSI) deliverables will be a âCase for Action,â the first integrated sustainability profile of the industry with projections to 2030, and an âAction Planâ for the industry, and its customers, suppliers and regulators.
SSI welcomes: Cargill, operators of a 300-vessel charter fleet; South Koreaâs Daewoo Shipbuilding & Marine Engineering; Rio Tinto Marine, the shipping arm of the mining giant; marine insurers, RSA; Greek tanker operator Tsakos Energy Navigation; and WĂ¤rtsilĂ¤, providers of shipping solutions and equipment.
The new members join SSI founders ABN Amro, BP Shipping, Gearbulk, Lloyd’s Register and Maersk Line, which are working with Forum for the Future and the WWF, creating a group that brings together shipping companies and other key supply chain stakeholders.
âGlobalization has been good for the industry, but ârelocalizationâ is now a real prospect as the economic and energy factors that have driven growth in the past go into reverse,â states the groupâs web site.
The group aims to take a more proactive stance in shaping and influencing what it has identified as the megatrends affecting the industry, including: climate change and new weather patterns; oil shortages and carbon taxes; changing markets and cargoes; labor standards and skills shortage; piracy and marine governance; new ship designs and other technological developments.
Earlier this month, The Carbon War Room unveiled its new shipping efficiency site.
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