Mon 7 Mar 2016, 09:34 GMT

Roadmap to a sustainable shipping industry launched


Roadmap is a set of key milestones and priorities which the SSI says must be met in order to create a sustainable shipping industry by 2040.



The Sustainable Shipping Initiative (SSI), a coalition of companies from across the global shipping industry, has today launched its Roadmap, a set of key milestones and priorities which it says "must be met in order to create a sustainable shipping industry by 2040".

Developed in line with SSI's Vision 2040 and Case for Action, the Roadmap is designed to provide a clear overview of the macro environment that a sustainable shipping industry will require by 2040. According to the SSI, the six core areas that the shipping industry must work to implement are:

1. Proactively contributing to the responsible governance of the oceans.

2. Earning the reputation of being a trusted and responsible partner in the communities that shipping interacts with.
v 3. Providing healthy, safe and secure work environments, so that people want to work in shipping, where they can enjoy rewarding careers and achieve their full potential.

4. Instilling real transparency and accountability within the industry to drive performance improvements and enable better, sustainable decision making.

5. Developing financial solutions that reward sustainable performance and enable large scale uptake of innovation, technology, design and operational efficiencies.

6. Changing to a diverse range of energy sources, using resources more efficiently, and responsibly, and dramatically reducing greenhouse gases.

Within each of these areas, the Roadmap highlights what the SSI says are the key defining factors that are central to achieving them. This includes regulation, governance, infrastructure, and emerging energy sources, as well as the critical milestones that chart a path to success by 2040.

In a statement, the SSI said: "The development of the Roadmap embodies the core attributes and values of SSI's membership in working together to evaluate and establish the tangible change that will be needed to create a sustainable industry.

"The Roadmap is designed as a guide for the SSI and its members, and shared freely with the wider shipping industry. It is intended as a practical resource for companies and organisations to understand their present and future challenges, as well as the steps and milestones to shape their own sustainability strategies."

Available online as a 'live' working tool, the SSI says it will be actively engaging with the industry to periodically update the Roadmap based on the progress that is made, and the industry landscape changes and evolves. This will then be fed back into the tool and shared with the market.

Alastair Fischbacher, CEO, The Sustainable Shipping Initiative, remarked: "This is a significant achievement and point of real pride for the SSI and its members."

"Our members have shown considerable commitment, as well as investing their knowledge and expertise to define a Roadmap, which truly encapsulates what needs to be delivered to create a more sustainable industry. There are many challenges ahead, but we have set a clear foundation from which to work from. I look forward to those from within the industry who are passionate about securing its future joining our existing members in working together to deliver against the Roadmap and achieving our Vision of a sustainable shipping industry.

"Delivering the milestones in the Roadmap will take further commitment and desire by our members as well as the rest of the shipping industry. This is a dynamic document that will be updated and developed further with developments, and we hope that the Roadmap will be a unifying and interactive tool that will serve to drive more engagement and debate within the shipping industry. By informing, influencing and encouraging all organisations to actively change and operate in a progressive and more sustainable way the Vision 2040 can be achieved."

A link to the SSI Roadmap has been provided below.

SSI Roadmap to a Sustainable Shipping Industry by 2040


LPC and Gram Marine launch operations in Argentina graphic. Gram Marine delivers first marine lubricants in San Lorenzo  

Operation follows recent strategic partnerships with LPC and Servi Río.

Halten Bulk wind-assisted vessel render. Halten Bulk orders wind-assisted bulk carriers with rotor sails from Chinese yard  

Norwegian operator contracts two vessels with options for two more at SOHO Marine.

IBIA and Baltic Exchange logo side by side. IBIA introduces enhanced KYC framework for membership applications  

Trade association to use Baltic Exchange platform for sanctions screening and company verification.

Servi Río logo. Servi Río joins Gram Marine and Cyclon alliance for Argentina lube operations  

Argentine company to provide storage and transportation services for lubricant products in local market.

IMO Technical Seminar on Marine Biofuels. IMO seminar examines biofuels’ role in maritime decarbonisation  

Event drew 700 in-person and virtual participants, with 1,300 more following the online broadcast.

Wilhelmshaven Express, Hapag-Lloyd. Hapag-Lloyd to acquire ZIM for $4.2bn in cash deal  

German container line signs agreement to buy Israeli rival, subject to regulatory approvals.

VPS Maress 2.0 digital dashboard interface displayed on a monitor. VPS outlines key features of Maress 2.0 with enhanced analytics for offshore vessel efficiency  

Updated platform adds data validation, energy flow diagrams and fleet comparison tools for decarbonisation monitoring.

Two vessels at sea. IMO committee agrees NOx certification rules for ammonia and hydrogen engines  

DNV reports PPR 13 also advanced a biofouling framework and crude oil tanker emission controls.

Chart showing TTM and T3M bunker sales in Singapore, Jan 2024-Jan 2026. Singapore bunker sales set new record as TTM volumes surpass 57.5 tonnes  

Rolling 12-month bunker sales at the Port of Singapore have reached a fresh all-time high, breaking above 57.5 million tonnes for the first time, alongside a record surge in short-term demand.

Kota Odyssey vessel. PIL’s LNG-powered Kota Odyssey makes maiden call at Saudi Arabian port  

Container vessel marks first entry into the Red Sea with call at Red Sea Gateway Terminal.