The Global Centre for Maritime Decarbonisation further amplifies decarbonisation efforts with new partners
Singapore, 5 May 2022 – The Global Centre for Maritime Decarbonisation (GCMD) today announced the onboarding of three new partners – the International Bunker Industry Association (IBIA), the International Windship Association (IWSA) and Kpler.
Since its formation in August last year, the Centre has established partnerships with key stakeholders in the maritime industry. The three new partnerships are part of GCMD’s efforts to extend collaboration beyond the immediate supply chain to the broader ecosystem and are crucial to the pilots and studies in the Centre’s 5-year projects outlook.
In welcoming the new partners, Professor Lynn Loo, CEO of GCMD said “Working together with our new partners, we look forward to collectively unlocking the full potential of each organisation to amplify the impact for our decarbonisation efforts. With the IBIA, we look to increasing outreach to the bunkering sector, a key stakeholder group especially when we begin preparations for pilots with alternative fuels. GCMD is already working closely with IWSA to gain perspectives and insights relating to wind-assisted propulsion as a near-term retrofit solution. Through Kpler, we will also have access to market data that can help us better understand trade flows which can support us in shaping our pilots and studies.”
“We are excited to partner with GCMD to collaborate on identifying the most effective and workable solutions to reduce GHG emissions from the maritime sector. We saw the importance of cross-industry cooperation and knowledge-sharing to successfully navigate IMO 2020, which IBIA was actively involved in. As we grapple with the much bigger challenges to reach carbon-neutral shipping, collaboration and effective information gathering and sharing is even more important to ensure efforts are aligned,” says IBIA’s Director, Unni Einemo. “IBIA’s members are increasingly engaged in the supply and use of alternative fuels, or making plans to do so. We look forward to working with our fellow partners in GCMD to untangle the complexities of the energy transition.”
“The challenge of decarbonising the shipping industry requires a fundamental shift towards a hybrid approach, utilising all of the tools we have over the coming decade to make shipping cleaner, more efficient, profitable and fit for purpose in a carbon constrained world,” said Gavin Allwright, Secretary General of the International Windship Association (IWSA). “GCMD brings together a wealth of expertise and experience and is positioned at the very centre of this transition. We are looking forward to working together to help drive innovation and further integrate wind propulsion, so as to meet our shared goals of delivering deep and urgent decarbonisation in the maritime sector.”
"We are honoured to partner with GCMD in its mission. Our data will provide valuable insights and will identify key trends in supply and demand for fuels of crucial importance to the energy transition. We are also delighted to support GCMD, which is based in Singapore - the site of one of our first global offices, established more than five years ago, and a city at the heart of the commodities industry,” said Richard Quin, Kpler’s Chief Strategy Officer.
About the Global Centre for Maritime Decarbonisation
The Global Centre for Maritime Decarbonisation (GCMD) was formed on 1 August 2021 with funding from the Maritime & Port Authority of Singapore (MPA) and six founding partners, namely BHP, BW, DNV Foundation, Eastern Pacific Shipping, Ocean Network Express and Sembcorp Marine. The Centre’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 decarbonisation efforts. In January, the Centre awarded its ammonia bunkering safety study to a DNV-led consortium, with Surbana Jurong and the Singapore Maritime Academy as partners.
For more information, go to www.gcformd.org
Media contact: Tina Ang, Communications Manager | +65 6979 7660 | email@example.com
The International Bunker Industry Association (IBIA) is the voice of the global marine fuels industry and represents all stakeholders across the industry value chain. Our membership includes ship owners/operators, bunker suppliers, traders, brokers, barging companies, storage companies, surveyors, port authorities, credit reporting companies, lawyers, P&I clubs, equipment manufacturers, shipping journalists and marine consultants. Formed in 1992, today we have members in more than 70 countries.
IBIA promotes improved standards, knowledge and understanding in the industry. We do this through a variety of events and courses, engaging in working groups, by disseminating reliable and accurate information and offering practical advice where we can. We also lobby for effective, pragmatic and workable regulations. One of the most important arenas for that is at the International Maritime Organization (IMO) where IBIA has consultative status as a non-governmental organisation.
International Windship Association (IWSA): facilitates and promotes wind propulsion solutions for commercial shipping worldwide and brings together all parties in the development of a wind ship sector to shape industry and government attitudes and policies.
IWSA is a member driven, not-for-profit association made up of wind propulsion technology suppliers and ship development projects, shipping lines, shipbuilders, designers, naval architects, engineers, academics, NGO’s and Class with five main areas of activity:
Network – grouping like-minded organisations and individuals sharing ideas, skills, technical and market information for the development of commercial wind ships.
Promote – promoting the economic value of wind propulsion to the industry
Educate – acting as a central information hub for the wind propulsion sector, ship owners and operators, shipyards, ports, governments, equipment producers, the media, NGOs, and the wider public.
Incubate – securing funding streams, project collaboration, grant applications, research and the pooling of resources.
Facilitate – establishing common approaches/criteria for all stages of project development, support stakeholders, advise and lobby legislative bodies on policies, activities, funding and incentives required to retrofit existing ships and build new commercial wind ships.
Kpler is a fast-growing data and analytics company on a mission to facilitate sustainable and efficient trade, to meet the changing needs of our world. From numerous disparate and unstructured sources, Kpler creates data and analytics that bring transparency in dynamic markets characterised by opaque and incomplete information, such as commodity markets. Kpler delivers its unique offering through technology solutions built in an agile and inventive way, enabling market professionals to make informed and timely trading decisions.
Headquartered in Brussels, Kpler employs over 200 people across the world. In 2022, world-leading private equity firms Five Arrows and Insight Partners invested over $200 million in Kpler (minority stake). The company’s recent acquisitions include ClipperData (2021) and JBC Energy (2022).