Share

cover art for financing shipping decarbonisation

Aronnax. The maritime and ocean podcast

financing shipping decarbonisation

Season 1, Ep. 9
•

A report was issued this year estimating the investment needed to decarbonise shipping at about $1.2tr between 2030 and 2050. The work was conducted by UMAS (University Maritime Advisory Services) in the UK for the Copenhagen based Global Maritime Forum.

One of the key points was that this figure does ot apply as much to what shipowners will need to invest, but what needs to be invested into creating a fuel supply chain for a carbon free fuel such as Ammonia. Dr Tristan Smith Reader in Energy and Shipping at the UK's University College London was behind the report. He was also part of the advisory team for a set of criteria published by the Climate Bonds Initiative that has been developing criteria for different industries so investors know what to look for when seeking investments that are risk free.


In this episode of Aronnax we begin the journey into financing the transformation of shipping by talking to Dr Smith about the $1.2 trillion decarbonisation journey and to Climate Bonds Initiative's CEO Sean Kidney about how a climate bond for shipping could be defined and how it could become influential.


The episode ends with Nick Chubb, founder of Thetius, giving a run down of the weeks biggest tech news.

More episodes

View all episodes

  • 11. From the IMO the day history was made

     32:42
    The immediate response from across the spectrum of those in the room when the decision at the IMO to strengthen shipping's decarbonisation strategy was made.

  • 10. July 3rd 2023

     26:59

  • 9. Ships and their steel. Turning it green?

     25:36

  • 8. June 19th 2023

     32:12
    More details soon

  • 7. June 4th 2023

     28:08
    Craig Eason talks to: Alco Weeke, STC on the launch of METNET and seafarer training for a new industryDi Gilpin, Smart Green Shipping, on having a nuclear fuel carrier agree to instal a test wind system on a ship.Pia Meling, Grieg Green, on the risks of not understanding the transparency actsShane McArdle, CEO, Kongeberg Digital, on the future of the company now Shell Ventures and IdeKapital invest $90m

  • 6. May 28th 2023

     36:09
    News stories relating to this edition of the podcast can be found atAutonomous Ships and Autonomous crew: why we need both CIMAC Congress returns to a new era of decarbonisation

  • 5. May 8th 2023

     26:38
    Craig Eason talks to: Loukas Kontogiannis, Head, Marine Pollution, Marine Environment Division. Is ship sourced plastic pollution a challenge too big?Sofia Werner RISE MaritimeThe need to tell shipping’s growing good news about wind propulsion carefully Mariana Noceti, Principal Programme Assistant, Women in Maritime Programme, Technical Cooperation DivisionThe role of men and International Women in Maritime DaySveinung Oftedal, Norwegian Ministry of Climate & EnvironmentWhat exactly is a green corridor and how will it help the shipping industry in its efforts to decarbonize?   

  • 4. Brim Tech, Klaveness' sustainability, and MAN ES engine bonanza

     41:06
    Brim Explorer is a young company started by two entrepreneurs in 2018. It has thrived, now has a fleet of soon to be five electric or hybrid electric vessels, has a partnership with a leading ferry operator and a technology spin off. I sat down on one of the company's founders, Espen Larsen-Hakkebo, on one of his boats during a trip to Oslo to talk about the company journey and the idea for the tech companyAlso I have a slip from a conversation I had with the Engebret Dahm, CEO of ship owner Klaveness Combination Carriers about their decarbonisation plans and also spoke to MAN ES about one of the topics Dahl spoke about, the needs for the engines and the fuel

  • 3. Investing in maritime greentech, CCS onboard & renting the wind

     29:41
    more details to come