Shipping interests agree global pact

Leading shipowners and operators, classification societies, engine and technology builders and suppliers, big data providers, and oil companies have signed up to a new global industry alliance (GIA) to support transitioning shipping and its related industries towards a low-carbon future. Thirteen companies have signed up to launch the GIA, under the auspices of the GloMEEP Project, a joint Global Environment Facility (GEF), United Nations Development Program (UNDP) and International Maritime Organization (IMO) project aimed at supporting developing countries in the implementation of energy efficiency measures for shipping.