Silk Alliance created for green corridors in intra-Asia trade

The intra-Asia trades, container shipping’s pipelines, are set to get the green corridor treatment.

‘Silk Alliance’, named after the famous Silk Road, brings together shipowners including Mediterranean Shipping Co (MSC), Pacific International Lines (PIL), Wan Hai Lines, X-Press Feeders, Yang Ming Marine Transport Corp; shipyard, Keppel Offshore & Marine; bunker logistical supplier, Singfar International; engine manufacturer, Wärtsilä; shipmanager, Wilhelmsen Ship Management; and financial institutions, the Asian Development Bank and ING.

The Silk Alliance presents an opportunity for the industry to leapfrog the progress of fuel transition.

Lloyd’s Register Maritime Decarbonisation Hub announced that it is working with 11 cross-supply chain stakeholders to develop a fleet fuel transition strategy. It says that the strategy can enable the establishment of a highly scalable green fuel corridor cluster.

At the outset, these members will collaborate to send an aggregated demand signal for other stakeholders such as fuel providers, port operators and governments to support the green corridor cluster concept.