OSV 10 Decarbonisation Principles
The shipping industry accounts for about 3% of global greenhouse gas emissions. Decarbonising the maritime industry in line with the Paris Agreement is essential to fighting climate change, and key to facilitating the decarbonisation of many other industries. This requires systemic industry-wide change, the complexity of which cannot be understated.
Many aspects of the transition to zero-carbon shipping are necessarily long-term endeavours, such as the development of green technology for a new generation of vessels. However, certain short-term changes can be implemented to help accelerate this transition over the coming decade, until such technological solutions have matured.
As a result, in 2021, a Whitepaper Group was formed for Decarbonising the OSV Industry. It arose from the need for a collective and proactive approach among vessel owners and charterers to tackle the specific challenges of decarbonising the OSV sector. The whitepaper ‘’OSV 10 Decarbonisation Principles” lays out the resulting principles agreed upon to decarbonise current working practices and facilitate the transition to a greener, carbon-neutral OSV industry. ‘All Steps Matter’ in the journey to decarbonisation. Simply put, even incremental measures are valuable and worth pursuing: no action is too small to consider if it can reduce CO2 emissions.
ISOA are hosting the “OSV 10 Decarbinsation Principles’’ for the offshore sector.