Suez Canal Authority Collaborates With ABS To Develop A Roadmap For The Green Canal Program By 2030

ABS and the Suez Canal Authority (SCA) signed a Memorandum of Understanding (MoU) to develop a long-term sustainability roadmap and decarbonization strategy for the canal, one of the world’s busiest shipping routes.

The MoU will see ABS and SCA work together on sustainability and the green environment as a part of the SCA’s business plan to transition to a green canal by 2030. Over the year-long agreement, ABS and the SCA will work together to develop a decarbonization strategy and assessment of energy and emission intensity and potential ways of emission reduction.

Suez Canal Authority
Image for representation purposes only

SCA and ABS will collaborate in developing a long-term sustainability roadmap and embedding sustainability as part of the SCA’s core business strategy with a wide range of services such as technology selection, benchmarking and target setting, regulatory compliance documentation, carbon accounting and verification energy audits and more.

“The Suez Canal is a vital artery for global trade. Ensuring environmental stewardship for trade will significantly contribute to creating a more sustainable platform for the shipping industry. ABS is a leader in maritime decarbonization, and we are proud to be able to use our deep insight to address the complex challenges presented by such a key global waterway,” said Christopher J. Wiernicki, ABS Chairman, President and CEO.

Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, said, “We are keen to enhance cooperation with all partners, such as ABS, in the field of maritime transport in areas related to environmental sustainability and carbon removal within the authority’s environment-friendly strategy, as a prelude to announcing the Suez Canal a ‘Green Canal.’ This is an important way to achieve environmental sustainability by raising the canal’s efficiency and reducing carbon emissions.”

Reference: ABS

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Do you have info to share with us ? Suggest a correction

Latest Shipping News You Would Like:

Get the Latest Maritime News Delivered to Your Inbox!

Our free, fast, and fun newsletter on the global maritime industry, delivered everyday.

Leave a Reply

Your email address will not be published. Required fields are marked *