PE Live: Collaboration key to decarbonisation effort

Shipping is already benefitting from working groups looking into decarbonisation technology, improving safety and creating demand for low-carbon fuels

Shipping is already benefitting from working groups looking into decarbonisation technology, improving safety and creating demand for low-carbon fuels Stakeholders in shipping need to work together in collaborative groups if the industry is to overcome the decarbonisation challenge, an expert panel of speakers agreed on a PE Live webcast yesterday. “Collaboration is essential,” says Michael Parker, chairman of shipping & logistics at bank Citigroup, noting that historically the industry has struggled to collaborate due to intense competition between players. Parker was appointed to the board of the Global Maritime Forum, a Copenhagen-based non-profit organisation, in 2017. The forum has