Operational efficiency takes centre stage at Global Maritime Forum’s AGM in Athens

The Global Maritime Forum, a not-for-profit organisation working to create a decarbonised shipping industry, has identified five key action areas to improve the operational efficiency of vessels with 30 top names in maritime, attending the association’s AGM in Athens, committing to adopt these measures.

The five actions cover: data collection and transparency; contractual changes; pilot projects; ports, terminals, and value chains; and culture and leadership. Participating companies and supporting organisations have signed an ambition statement agreeing to take collective action in these five areas, diligently assess their maturity and progress, and take a leadership role in bringing operational efficiency to the forefront of the shipping agenda.

A series of insight briefs published by the Global Maritime Forum highlighted that operational efficiencies can decrease annual fuel consumption by 20%.

The signatories of the operational efficiency ambition statement are: Amaggi, Blue Visby, Bunge, Cargill, Chevron Shipping, COFCO International, Copenhagen Commercial Platform (CCP), Euronav, Genco Shipping, Lloyd’s Register, Louis Dreyfus Company, Maersk Tankers, NAPA, NYK Group, OCIMF, Oldendorff Carriers, Port of Açu, Port of Rotterdam, PSA International Pte Ltd, Rubis Energie, Siglar Carbon, Signol, Stena Bulk, Stephenson Harwood, Torvald Klaveness, UKHO, Viterra, Watson Farley & Williams LLP (WFW), Wisdom Marine Group, and Zero North.