MISC joins the Getting to Zero Coalition by the global maritime forum
MISC Berhad (MISC) is now a member of the ‘Getting to Zero Coalition’, committed to developing zero-emission vesselsby 2030. The ‘Getting to Zero Coalition’ is a partnership between the Global Maritime Forum, the Friends of Ocean Action, and the World Economic Forum.
The Coalition is a powerful alliance of more than 70 public and private organizationsrepresenting senior leaders within the maritime, energy, infrastructure and finance sectors,andsupported by decision-makers from government and intergovernmental organizations (IGO)that will lead thepush for international shipping’s decarbonization.
Getting to Zero Coalition is closely aligned with the UN International Maritime Organization’s (IMO) initial Greenhouse GasStrategy. The strategy prescribes that international shipping must reduce its total annual greenhouse gas emissions by at least 50% of 2008 levels by 2050, whilst pursuing efforts towards phasing them out as soon as possible in this century. The Coalition is committed tomaking this target a reality by getting commercially viable deep sea zero emission vessels powered by zero emissionfuels into operation by 2030 and views this formal launch as its first steptowards fulfilling themaritime industry’s ambitions for full decarbonization aligned with the aspirations of the IMO.Learn more about the Getting to Zero Coalition in this Media Releaseand Ambition Statementfrom the Global Maritime Forum.
About MISC Berhad
MISC Berhad (MISC), was incorporated in 1968 and is a world leading provider of international energy related maritime solutions and services. The principal businesses of the Group comprise energy shipping and its related activities, owning and operating offshore floating solutions, marine repair and conversion, engineering and construction works, integrated marine services, port and terminal services as well as maritime education and training. As of 30 June 2019, MISC Group’s fleet consists of more than 100 owned and in-chartered Liquefied Natural Gas (LNG), Petroleum and Product vessels, 15Floating Production Systems (FPS) as well as 2 LNG Floating Storage Units (FSUs). The fleet has a combined deadweight tonnage (dwt) capacity of approximately 16 million tonnes.
