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bp inks partnership agreement with Global Center for Maritime Decarbonization

Oil&Gas Materials 5 April 2022 11:10 (UTC +04:00)
bp inks partnership agreement with Global Center for Maritime Decarbonization
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, April 5. bp has inked a partnership agreement with the Global Center for Maritime Decarbonization (GCMD), thereby joining the center, Trend reports with reference to the company.

The Center’s mission is to help the maritime industry reduce its carbon emissions as quickly as possible by shaping standards, deploying solutions, financing projects, and fostering collaboration across sectors. Strategically located in Singapore, the world’s largest maritime fuelling hub and second largest container port, the Centre will coordinate regional and global decarbonization efforts.

Carol Howle, bp’s executive vice president for trading & shipping, said that bp has helped shape the shipping industry for more than 100 years.

“A net zero future for the maritime sector demands industry collaboration, and GCMD is bringing to the forefront the conversations that matter most. As part of GCMD, we look forward to working with key industry players to further progress solutions at the pace and scale needed to help this carbon-intensive sector transition,” Howle added.

Professor Lynn Loo, GCMD’s chief executive officer, noted that bp’s net zero ambitions and investments in low carbon solutions are aligned with GCMD’s mission and projects.

“Together with bp and our other partners, we aim to foster collaboration to address challenges and untangle the complexities of decarbonizing shipping. We look forward to working closely with and leveraging bp’s experience and expertise in our pilots and trials,” added Loo.

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