Shippingtelegraph: Norwegian bosses meet King Charles III to discuss green shipping
Norwegian shipping and insurance executives were granted a rare meeting with Britain’s King Charles III.
Last week, the Sustainable Markets Initiative (SMI), launched in 2020 by King Charles III, then the Prince of Wales, convened chief executive officers from across the global shipping value chain at Windsor Castle including shippers, ports, fuel producers, banks, insurers, satellite monitoring providers, and ocean stewards.
Attended by the founder, King Charles III, the conversation focused on advancing practical and commercially viable pathways to accelerate shipping decarbonization.
As the IMO continues deliberations on the Net-Zero Framework, strong voluntary private-sector momentum remains essential to driving progress and ensuring a successful transition for the global shipping industry, which accounts for more than 80% of global trade.
The SMI is the world’s go-to private sector organization for sustainable transition; characterized by the brand of ‘private sector diplomacy.’ The SMI says it remains committed to championing private-sector leadership through its global CEO network, mobilizing action to deliver the Growth Story of Our Time.
Bosses from Norway’s roro Höegh Autoliners and marine insurer provider Skuld headed to Windsor Castle for talks on sustainability with King Charles III.
The International Group of P&I Clubs and Skuld was represented on Wednesday by the president and CEO Ståle Hansen, who joined senior executives for a focused dialogue on accelerating practical, commercially viable pathways toward a decarbonised shipping industry.
To remind, the International Group of P&I Clubs (the IG) is an unincorporated association of the 12 principal underwriting Protection & Indemnity (P&I) Associations (Clubs) and their Affiliated Associations that between them provide liability cover (protection and indemnity) for approximately 90% of the world’s ocean-going tonnage.
The chief executive officer Andreas Enger of Höegh Autoliners, a provider of roll-on/roll-off transportation services, joined business leaders from across the maritime sector at Windsor Castle for a Sustainable Markets Initiative (SMI) convening hosted by the King Charles III.
The company send a clear message after the meeting mentioning: “The setting is historic. The agenda is anything but nostalgic. The ambition is clear: to make sustainable shipping commercially viable and attractive. We are honored to be invited and look forward to contributing to this important collaboration. For us, accelerating a clean energy future is at the core of what we do – not someday in a distant future, but now.”
In a short post on social media Höegh Autoliners wrote: “It is not every day you get to go to a castle and meet a king – especially not to discuss how to shape a greener and more competitive future for your industry.
“Through our partnership with SMI, alongside around 350 global CEOs, we are working to move sustainable shipping from pilots to permanence, scaling clean fuels, de-risking first-mover investments, accelerating green corridors, and building the infrastructure that turns ambition into operations.
“Progress is happening, including through ammonia pilots and dual-fuel newbuilds. We have invested heavily in emission-reducing vessels already in commercial operation, as well as ammonia-ready newbuilds that will significantly reduce our emissions from next year.
“But the pace is still not fast enough.
“Collaboration is what closes the gap between what is technically possible and what is commercially deployed.
“A clean energy future is within reach, as UN Secretary-General António Guterres has rightly noted. In shipping, that future will be built through cooperation across value chains, industries, and borders.
“We are proud to be part of this mission and to help shape the next chapter of deep-sea transportation.”
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