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Home » IMO Signs Three Agreements With Saudi Arabia To Reduce Ship-Based Emissions

IMO Signs Three Agreements With Saudi Arabia To Reduce Ship-Based Emissions

by Joshua
October 11, 2021
in Coast To Coast

The International Maritime Organization (IMO) and Saudi Arabia have signed three agreements to support projects that target reducing emissions from ships.

FOREIGN PIX
The International Maritime Organization Secretary-General Kitack Lim (L) and Saudi Arabia Minister of Transport and Logistic Services Saleh bin Nasser al-Jasser after signing three agreements to support projects that target reducing emissions from ships.

The agreements on three environmental initiatives were signed by IMO secretary-general Kitack Lim and Saudi Arabia Minister of Transport and Logistic Services Saleh bin Nasser al-Jasser.

The partnership will see funding of $509,000 allocated to the environmental initiatives.

The first deal will allocate funding of approximately $400,000 for a 12-month preparatory phase of a new long-term IMO Coordinated Actions to Reduce Emissions from Shipping (CARES) initiative.

The IMO CARES imitative aims to speed up the demonstration of green technologies and their deployment across the world to support blue economic growth in developing regions.

Read Also:  Hanjin Secures $270m Shipbuilding Contract For Four Container Ships

The second partnership agreement earmarks funding of $54,500 for IMO’s ongoing GloFouling initiative, a GEF-UNDP-IMO GloFouling Project to bolster actions to implement the IMO guidelines for controlling and managing biofouling by ships.

Biofouling by ships is one of the main threats to marine biodiversity. It also leads to increased fuel consumption and contributes to greenhouse gas (GHG) emissions from ships.

The funding will also be allocated to hold an awareness-raising workshop for women in the Arab region on biofouling by ships.

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