Investing in LNG infrastructure and decarbonizing the marine value chain

It is estimated that a 15% reduction in shipping and maritime emissions is needed by 2030 to keep net zero targets within reach. To address this, the 2023 IMO GHG Strategy has set industry-wide targets to significantly reduce the carbon intensity of international shipping – which now accounts for over 85% of global trade. Alongside this reduction, they have set ambitions of zero (or near-zero) GHG emission technologies, fuels and energy sources to represent 5-10% of energy used by the sector by 2030.

In line with these commitments, and after a historic COP28, significant efforts have recently been made to align and accelerate decarbonization efforts across the energy-maritime value chain to meet these fast-approaching targets.

Gastech Shipping and Marine will showcase expertise in ship building, ship to ship transfer, terminal infrastructure and decarbonization technologies, alongside spotlighting how marine services, logistics, and transportation of freight can be achieved in a environmentally responsible way.