SSI Newsletter | Issue 03/2019
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SSI Impact: News from our journey to 2040
What is the role of sustainable biofuels in shipping’s decarbonisation?
Q3 has been an exciting time for SSI, seeing us hold a series of seminars and culminating in a high-level event at Climate Week NYC as well as share some of the issues that emerged during our inquiry at the IMO 2020 and alternative fuels symposium. We’re now counting down to the launch of the final report in December.
 
We’ve also been recognised by the maritime and sustainability communities, winning the 2019 SAFETY4SEA Sustainability Award and seeing the SRTI be highly commended at the 2019 Responsible Business Awards as well as at the BusinessGreen Leaders Award Transport Project of the Year. 
 
To celebrate, take stock and look ahead we’re capping off all this excitement with our biannual gathering of SSI members in Singapore on 23-24 October. Cheers!
SSI Roadmap
Oceans | Communities | Careers | Transparency | Finance | Energy

Other SSI news
SSI Members Meetings | Contact Us
OCEANS
Proactively contributing to the responsible governance of the oceans
Ocean industries and the SDGs. Last month the UN Global Compact launched the Sustainable Ocean Principles, an output of the Sustainable Ocean Business Action Platform which aims at determining how ocean industries can advance progress towards the UN Sustainable Development Goals.
Paris to host the 7th edition of the Sustainable Ocean Summit. With the theme of Investing in Ocean Futures: Finance and Innovation for the Blue Economy, the World Ocean Council’s 2019 Summit will be held on 20-22 November 2019, with discussions dedicated to investment and innovation for ocean sustainable development.
COMMUNITIES
Earning the reputation of being a trusted and responsible partner in the communities where we live, work and operate
Could the world’s 50,000 cargo ships help avoid death during a tsunami? SSI member China Navigation Company shows how GPS & feedback to the shore can detect irregular waves, boosting early warning systems & potentially saving tens of thousands of lives.
CAREERS
Provide healthy, safe and secure work environments so that people want to work in shipping, where they can enjoy rewarding careers and achieve their full potential
How will Maritime Autonomous Surface Ships (MASS) impact the future landscape of careers in shipping? On 15 August SSI held a workshop that tabled a potential area of work that may result in the creative of a new SSI working group focusing on the future human side of shipping, collaborating with key stakeholders including Human Rights at Sea, IMarEST, Mission to Seafarers and Solent University/Field Research. SSI members will discuss the issue further at the SSI members meeting in Singapore. Read IMarEST’ report on putting the human back in the headlines.

Seafarers are happier. The latest findings from the Seafarers Happiness Index show that seafarers’ happiness with their ability to keep fit on board has increased in the last quarter. Why does this matter? Tracking the happiness of seafarers – both on shore and aboard – gives seafarers a voice and help make positive changes to life at sea.
TRANSPARENCY
Transparency and accountability drive performance improvements and enable better, sustainable decision making
Thinking of signing up to the SRTI? Global agribusiness company Bunge (also an SSI member) is the latest major cargo owners under pressure for sustainable supply chains and calling for increased transparency through the Ship Recycling Transparency Initiative. We’re expecting more major cargo owners to follow suit. Read this interview with BMW on why they signed up.


SRTI wins more awards.
 In addition to winning the 2019 SAFETY4SEA Sustainability Award and being highly commended at the 2019 Responsible Business Awards, the SRTI has also been recognised in the automotive sector. SRTI steering group member Wallenius Wilhelmsen winning the Automotive Logistics Award Europe and Finished Vehicle Logistics Award North America. 
FINANCE
Develop financial solutions that reward sustainable performance and enable large scale uptake of innovation, technology, design and operational efficiencies
Banks leverage their weight via the Poseidon Principles. Launched in June, the Poseidon Principles represent a new global framework for responsible ship finance through the assessment and disclosure of the climate alignment of ship finance portfolios and ensuring their consistency with the IMO initial stategy.
ENERGY
Change to a diverse range of energy sources, using resources more efficiently and responsibly, and dramatically reducing greenhouse gas intensity

SSI makes its mark at Climate Week NYC. 
In June we kicked off the stakeholder consultation process to explore the potential role (if any) of biofuels in the decarbonisation of shipping, guided by SSI’s Decarbonisation Working Group, whose members played an integral role throughout the consultations. It also benefited from the active engagement and contributions from speakers and participants of the seminars (on sustainability: 26 June at WWF Brussels; on availability on 11 July hosted by Maersk at IMO; webinar: 12 August) and our Climate Week NYC event on 25 September. Watch the video recording or read the press release of SSI’s Climate Week event.
 
Decarbonising the UK’s Freight Transport. SSI is supporting a new network that aims to unleash investment for freight decarbonisation that will look to prepare the wider industry for decarbonisation by bringing together expertise from across academia and industry to lay the groundwork for the use of low carbon technologies across the road, rail, marine and air networks.
 
No winner-take-all: Other alternative fuels and technologies for the energy transition. Recent research includes the Rocky Mountain Institute’s The Truth About Hydrogen on hydrogen the new kid on the block of low-carbon alternatives. Recent progress in electrification includes the world’s largest all-electric e-ferry Ellen capable of carrying roughly 30 vehicles and 200 passengers that completed its maiden voyage in Denmark. 

Getting to Zero: Commercially viable ocean-going ZEVs by 2030. SSI is delighted to join the Getting to Zero Coalition as a knowledge partner. Launched at the UN Climate Action Summit on 23 September  with 79 company signatories and 11 government endorsements, the Coalition is currently developing an ambitious workplan for 2019-20.
SSI Members Meetings
SSI members meet in Singapore
SSI’s bi-annual Members Meeting will be held on 23-24 October in Singapore, hosted by SSI member Standard Chartered Bank. The two-day meeting will see members interacting on a diverse range of topics covering all six vision areas of the SSI Roadmap, with guest speakers from the Singapore Maritime and Port Authority; Eco-Business; PHP Ship Breaking and Recycling Industries; among others. 
Contact Us

The Sustainable Shipping Initiative (SSI) is a multi-stakeholder initiative that brings together like- minded and leading organisations with shared goals and equal determination in improving the sustainability of the shipping industry in terms of social, environmental and economic impacts.






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