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Monday, November 8, 2021 

Shipowner organisation BIMCO is launching a new film, entitled 'No Turning Back', the third in a series of films aimed at raising awareness about the shipping industry.

As pressure on industries, governments, and companies to decarbonise increases, so does the need for the shipping industry to inform the public and decision makers and increase transparency about the industry’s efforts to decarbonise. BIMCO data suggests that the shipping industry is responsible for around 3% of annual global greenhouse gas emissions and while the industry is making progress in finding sustainable solutions – from alternative fuels that limit CO2 emissions to new and improved ships – the work, research and development must be accelerated.

BIMCO President, Sabrina Chao, said: “About 90% of world trade is transported by ship. We have a tremendous responsibility when it comes to contributing to making global trade greener.”

In the process, the industry must contribute by exploring all possible strategies and look at alternative solutions when approaching energy transition. At the same time, the industry will need the support from global regulation to ensure a level playing field.

Secretary General and CEO David Loosley added: “The shipping industry is facing one of the biggest energy transitions of all times and while the transformation cannot happen overnight, we must focus on industries working closely together to find the large scale, long-term solutions needed to decarbonise.”

No Turning Back is not branded as a BIMCO film and serves as a tool to help raise awareness, educate, and increase visibility of the industry’s work towards decarbonisation. The film can be viewed, downloaded, and shared here.

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