New Maritime Emissions Reduction Centre Launched In Athens

The Lloyd’s Register (LR) Maritime Decarbonisation Hub has partnered with five prominent shipowners as Founding Members to establish the worldwide Maritime Emissions Reduction Centre (abbreviated as the M-ERC), a not-for-profit organization based in Athens. This effort, in the opinion of LR and The Founding Members, is noteworthy and emphasizes the significance of Athens as a global marine hub.

The M-ERC aims to get rid of the investment-specific, technical, as well as community barriers to the uptake of innovative solutions to minimize the Green House Gas emissions of the current global fleet, ensuring a collaborative as well as sustainable safe space for the maritime value chain’s stakeholders, to navigate to net zero safely.

To inspire and inform the adoption of new and existing solutions to enable the maritime energy transition, the centre will also use applied research and innovation to eliminate barriers and inform, facilitating the uptake of solutions and technologies today. The M-ERC will also help drive optimal operational achievements, identifying and resolving stakeholders’ commercial obstacles.

The centre will play a crucial role in ensuring that today’s vessels are suitable for the energy transition while also ensuring that the industry’s stakeholders are empowered with the necessary training and skills.

Maritime Emissions Reduction Centre — Image Credits: LR

The goals will be achieved via research and intense collaboration with shipyards and original equipment manufacturers besides M-ERC’s work across seafarer organizations, society, and ports to facilitate the upskilling and awareness among seafarers and the shore-based staff.

As part of the collaboration between the LR Maritime Decarbonisation Hub and ship owners, such as Star Bulk, Capital Group, Neda Maritime Agency, Navios Maritime Partners, and Thenamaris, the centre will try to appeal to global as well as regional funding to fund projects, initiatives, and activities to deliver on desired outcomes of M-ERC. It’s further anticipated that even more shipping stakeholders will take part in the initiative in months to come.

Reference: LR

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