Next step to net zero: MIAL welcomes release of Maritime Emissions Reduction National Action Plan (MERNAP)
Maritime Industry Australia Ltd (MIAL) welcomes today’s release of Australia’s Maritime Emissions Reduction National Action Plan (MERNAP), describing it as an important signpost for an industry facing some of the most complex challenges in the transition to net zero. Announced at today’s welcome ceremony for the new world-first battery-powered CSL vessel MV Yampu, MERNAP will ...
Maritime Industry Australia Ltd (MIAL) has welcomed the release of Australia's Maritime Emissions Reduction National Action Plan (MERNAP). The plan, announced at a ceremony featuring a battery-powered vessel, is seen as a significant step for an industry grappling with the challenges of transitioning to net zero emissions. MIAL CEO Angela Gillham highlighted that the new national framework will provide much-needed clarity for the maritime industry, aiding long-term investment decisions and the transition to zero or near-zero emission shipping.
However, Gillham stressed the importance of aligning Australia's efforts with the global approach led by the International Maritime Organization (IMO), as shipping operates on a global scale. MIAL has been actively involved in the development of MERNAP, collaborating with the government through summits and consultations. The CEO emphasized the need for clear signals from the government to enable long-term investment decisions, given the high capital costs and long investment horizons associated with the transition.
Gillham also pointed out that preparation is essential for ports, fuel supply chains, the workforce, and regulatory systems to ensure Australian maritime businesses can take advantage of the opportunities presented by the transition. She concluded by stating that MIAL will continue to work with the government and the industry to turn the plan into practical action, aiming to make Australia's maritime sector competitive, capable, and ready for growth.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.