With climate change grabbing attention and headlines in recent years so has industry responded with decarbonization initiatives of their own. One notable sector is maritime transport, which is a critical component of international trade and backbone of the global economy. Around 80% of global trade by volume is carried by sea, and international seaborne trade has been constantly growing for the last decades. Along with that growth, international shipping has also contributed to greenhouse gas emissions. In 2018, The International Maritime Organization (IMO) adopted an initial strategy aimed at eliminating emissions as soon as possible in this century.
In Hong Kong, helping the shipping industry prepare for and adapt to the IMO's rules on reducing emissions is especially important given our standing as an international shipping hub. Careful planning is also important considering that energy cost is estimated to be somewhere in the 60-70% range of the total cost of the movement of goods.
Join us on 16 March, when Business Environment Council's Director (Policy & Research) Simon Ng and CLP Power Hong Kong's Deputy Director, Innovation & Commercial Development Johnny Wang will identify the drivers, benefits and barriers to the use of LNG as fuel in maritime transport and discuss the developments and prospects for LNG in Hong Kong and beyond.
Please refer to the following details on the virtual seminar:
- Upon successful registration of the event, a unique webinar link will be sent to your registered email 2 days before the event. Please refer to the troubleshooting guide here should you experience any issues in locating the webinar link.
- Instructions on downloading Zoom and joining a webinar can be found here. We suggest that you familiarize yourself with the software in advance of the webinar.
- Please log in 15 minutes (at 3:45 pm) before the event begins, through the link that will be sent to your registered email. This will allow time to address any technical issues that may arise.