Managing ship emissions: Carbon capture emerges as a crucial factor

During a meeting in Athens, the Chairman of the International Association of Dry Cargo Shipowners (Intercargo), Dimitris Fafalios, called for regulations that target shipyards as well as shipowners in order to achieve decarbonization goals. Fafalios emphasized the need for consistency in rules at both national and international levels. He also expressed optimism about the potential of carbon capture technology for bulk carriers, stating that significant developments in this area are expected in the next five years. Intercargo, which represents a third of the global dry bulk fleet, has seen its membership grow in recent years, with an increase in registered ships and a larger base of Greek members. The association supports the International Maritime Organization’s decarbonization goals and believes that operational measures will enable the industry to meet or exceed emission cut targets by 2030.

Fafalios stressed the collaborative effort needed to achieve decarbonization in the shipping industry, calling for regulations that encompass shipyards as well as shipowners. He highlighted the lack of unified regulations and emphasized the adaptability of the shipping industry to adopt new technologies. Fafalios expressed optimism about the potential of carbon capture technology for bulk carriers, predicting significant developments in the next five years. Intercargo has experienced growth in its membership, with an increase in registered ships and a larger base of Greek members. The association supports the International Maritime Organization’s decarbonization goals and believes that operational measures will enable the industry to meet or exceed emission cut targets by 2030.

Intercargo, the International Association of Dry Cargo Shipowners, has called for regulations that target shipyards as well as shipowners in order to achieve decarbonization goals. Speaking at a meeting in Athens, Chairman Dimitris Fafalios emphasized the need for consistency in rules at both national and international levels. Fafalios expressed optimism about the potential of carbon capture technology for bulk carriers, predicting significant developments in the next five years. He also highlighted the growth of Intercargo’s membership, with an increase in registered ships and a larger base of Greek members. The association supports the International Maritime Organization’s decarbonization goals and believes that operational measures will enable the industry to meet or exceed emission cut targets by 2030.

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