Maritime {industry} leaders got here collectively on the annual ABS Japan National Committee Meeting to debate the most recent developments in know-how, sustainability, rules and market traits within the transport {industry}.

ABS President and COO John McDonald supplied an replace on ABS’ industry-leading security efficiency and the way ABS has secured the primary place in international orderbook share with a fleet that has grown to 285 million gross tons with greater than 11,400 belongings.

“Collaboration is key to keeping our industry in the forefront of the energy transition, and our committee includes the diverse expertise of many knowledgeable stakeholders, which provides powerful insight to do just that. I am proud of our long-standing relationships and years of experience in Japan and look forward to continuing our work together,” stated McDonald.

Committee members have been briefed on the most recent developments within the dynamic regulatory surroundings and given an in depth breakdown of the {industry}’s sustainability challenges and ABS’ companies for the {industry}.

They got an replace on present market traits and transformational applied sciences reminiscent of renewable energy sources, carbon seize and pioneering developments in digital class.

Group picture from the 2023 ABS Japan National Committee Meeting

Koichi Muto, ABS Japan National Committee Chairman and Corporate Advisor to Mitsui O.S.Ok. Lines, gave an in depth evaluation of the renewable power panorama for transport.

He stated: “We must think about what renewable energy will look like and what will happen to the power of ships. There are many possibilities for renewable energy. Whatever the cause of global warming, fossil fuels will eventually run out, so we will work to develop new energy sources as soon as possible. From now on, we must think about creating a truly sustainable energy society for eternity.”

The committee conferences are a discussion board for ABS members, together with house owners, operators, charterers, and {industry} representatives from flag Administrations, proprietor associations, and the shipbuilding and insurance coverage sectors, to come back along with ABS leaders and talk about {industry} points and developments. These boards are an necessary a part of an ongoing dialogue with the {industry} to deal with technical, operational and regulatory challenges.
Source: ABS