Oslo, November 18, 2022. DNV is hosting the Nordic Roadmap project‘s inaugural conference in Høvik with speakers from across the maritime value chain providing insights on the topic of future fuels for shipping. The conference highlighted the latest research from the project, with a particular focus on concrete initiatives that will lead to the decarbonization of shipping.
Funded by the Nordic Council of Ministers and with strong regional support from all Nordic countries, the Nordic Roadmap Project focuses on creating a platform for Nordic cooperation to facilitate the sharing of knowledge, pilot projects, studies to gain experience in new fuels, set up “green navigation corridors” and enabling infrastructure.
Opening of the event, Knut Ørbeck-Nilssen, CEO of DNV Maritime underlined that the success of maritime decarbonisation depends on close collaboration, trust and continuous learning: “No actor or industry can approach decarbonisation in isolation, nor is it a transition that can be done at the same time throughout the world. We have to start somewhere.
“In the Nordics, we have a tremendous opportunity to make a difference and set an example for others to follow, with learnings that can be replicated beyond our borders. As rich countries, we have the resources and must exercise this responsibility.
In his speech, Sveinung Oftedal, Specialist Director, Norwegian Ministry of Climate and Environmentunderlined the positive impact the project can have beyond the region: “With its strong traditions of cooperation, its stable green policies and its innovative maritime cluster, the Nordic countries are ideally placed to lead the way in decarbonisation. Through the Nordic Roadmap project funded by the Nordic Council of Ministers, we will stimulate collaboration and innovation within the Nordic maritime industry to create solutions that will advance the energy transition.
Karl Arthur Bræin, commercial director at Amon Maritime offered an overview of the company‘s work with leading technology, business and financial partners to achieve the first ammonia-powered ships and the first ammonia bunker terminals: “We believe in creating demand for ammonia early by showing producers that a maritime levy exists. We hope this will encourage supply to accelerate global production of sustainable green or blue ammonia. To assure the various stakeholders that they are making the right business decision, we need predictable government policies. Contracts for difference are an important tool for creating price parity with traditional fuels, reducing uncertainty and establishing a market for ammonia as a marine fuel.
Björn Garberg, National Coordinator Domestic and Short Sea Shipping, Trafikverket provided insights from market research on Green Shipping Corridors and highlighted the important role governments can play in facilitating industry partnerships: “Dialogue with industry is key to driving progress and creating scalable solutions. No one wants or should take on all the financial risk that the energy transition entails. Sharing the risk is the only way to succeed and at Trafikverket we are ready to play our part in helping industry stakeholders come together and form partnerships.
The conference presentation slides have been posted on the project website, where a comprehensive overview of ongoing activities can also be found.
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