BP joins Global Centre for Maritime Decarbonisation as strategic partner

BP joins Global Centre for Maritime Decarbonisation as strategic partner

© Supplied by Submitted

BP's Glen Lyon Floating Production Storage and Offloading vessel. North Sea.





Oil giant BP (LON: BP) has joined an international organisation aimed at helping to axe emissions from the maritime industry.

The supermajor has become a strategic partner of the Global Centre for Maritime Decarbonisation (GCMD), which is based in Singapore.

Established as a non-profit organisation in August, the GCMD was set up to help the sector meet or exceed the International Maritime Organization’s (IMO) emissions reduction goals for 2030 and 2050.

It aims to do this by creating opportunities for cross-industry collaboration and sharing project outcomes.

As part of the new partnership more than $7 million has been allocated to boost the work of the GCMD.

© Supplied by BP

From left: Andreas Sohmen-Pao, chairman of GCMD’s board; Professor Lynn Loo, chief executive officer, GCMD; Federica Berra, SVP, gas & low carbon energy, bp; Eugene Leong, bp Singapore president and CEO, trading & shipping Asia-Pacific & Middle East



Carol Howle, BP’s executive vice president for trading & shipping, said: “BP has helped shape the shipping industry for more than 100 years. A net zero future for the maritime sector demands industry collaboration, and