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Home News Collaboration on pilot program for Maritime Book and Claim System

Collaboration on pilot program for Maritime Book and Claim System

RMI and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) are teaming up with the Zero Emission Maritime Buyers Alliance (ZEMBA) and Hapag-Lloyd to initiate a pilot program for a Maritime Book and Claim System.

This system aims to monitor and mitigate greenhouse gas emissions from ocean transport services, which currently contribute 3% to global emissions and are projected to rise to 5–8% by 2050 without intervention.

The maritime industry plays a vital role in facilitating global trade and driving the shift towards a low-carbon economy. However, challenges like high costs and limited availability of low-emission fuels hinder decarbonization efforts, making voluntary initiatives essential to spur progress and engage stakeholders across the supply chain.

ZEMBA’s inaugural tender marks a significant milestone in signalling industry demand for transitioning to low-and zero-emissions fuels.

ZEMBA and Hapag-Lloyd’s participation in the pilot program for the Maritime Book and Claim System underscores their commitment to transparency and accountability in reducing emissions.

This innovative system will equip stakeholders with the tools needed to monitor verified emissions intensities of ocean transport services, fostering trust and confidence in the market.

“Market-based interventions such as books and claims are a powerful decarbonization tool, especially in the early stages of establishing a differentiated market. The Maritime Book and Claim System in conjunction with efforts like ZEMBA’s tender will allow cargo owners to use their purchasing power to advance low-emissions ocean transportation solutions in a transparent, credible manner,” stated Aparajit Pandey, principal and shipping decarbonization lead at RMI.

The debut tender by ZEMBA highlights a crucial point: cargo owners are willing to invest more in premium, zero-emissions shipping services, but face challenges accessing these fuels on the necessary scale for widespread commercial use. The Maritime Book and Claim System addresses this issue by establishing a transparent and credible model for tracking the demand signal.

“The collaboration with ZEMBA further strengthens the development of a global Maritime Book and Claim System and underlines how important such a system will be to overcome obstacles to accelerate the adoption of low-emissions fuels at scale,” explained Frederik Jacobsen, project manager at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.

The book and claim approach facilitates digital transactions by separating fuel attributes from the physical supply chain. This empowers cargo owners to make tangible investments in low-emissions fuels, shifting the market focus from mere announcements of e-fuel projects to actual investments, implementation, and the eventual attainment of cost-competitive commercial availability.

The ongoing testing of the Maritime Book and Claim system registry involves pioneers in decarbonization across various shipping sectors, such as containerships, bulk carriers, and vehicle carriers. This registry aims to improve transparency and garner broader acceptance through attribute and transaction traceability. RMI and MMMCZCS have collaborated with the Energy Web Foundation to create this registry, drawing on their considerable expertise in constructing chain-of-custody models, including the Sustainable Aviation Fuel Registry (SAFc).

“This registry will demonstrate how technology can enhance transparency and confidence in complex and cross-sectoral supply chains. Having ZEMBA and Hapag-Lloyd in the pilot is a critical step forward in developing a robust and credible system,” stated Jesse Morris, CEO of the Energy Web Foundation.

Looking ahead, RMI and MMMCZCS are steadfast in their dedication to advancing initiatives such as the Maritime Book and Claim system, which propel us toward a low-carbon future. This tender initiated by ZEMBA marks just the beginning of a broader journey, one that will necessitate the backing and dedication of numerous stakeholders to expand the availability of verified, trustworthy, and low-emission transport services. The launch of the Maritime Book and Claim System is anticipated for the Fall of 2024.





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