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CMA Shipping Expo & Conference 2022 opens – MOU signed between IOMSR & FuelTrust

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Shri Vaibhavi Logistics

HILTON : The 3-day conference – brought to the industry by Connecticut Maritime Association and organised by Informa Markets – takes place until 31st March at the Hilton Stamford Connecticut, USA, and includes a packed conference programme and a free to attend expo which features more than 80 world class exhibitors on the show floor.

Leading the charge with the first ‘hand-shake’ of the event was Isle of Man Ship Registry (IOMSR) who formally signed an MOU with FuelTrust to validate green ships. IOMSR will use FuelTrust’s fuels and emissions digital technology to validate vessels for the flag’s Green Ship scheme, and to collaborate on further projects to incentivize and enable emissions reductions.

Shaking hands on the showfloor, Darren Shelton, Chief Product Officer of FuelTrust – the technology company dedicated to creating a trusted and sustainable fuel ecosystem for the marine industry – said: “The agreement with Isle of Man Ship Registry creates significant opportunity for vessel owners. IOMSR recognises how advanced technologies such as ours can help its members reduce their carbon emissions, track fuel usage and monitor performance.”

The Green Ship discount programme, which comes into effect on 1 April 2022, is available to operators of cargo ships, commercial yachts or passenger ships that invest in biofuel, alternative fuels, wind, or shore-side energy technology. FuelTrust and IOMSR will collaborate further to explore methodologies for tracking emissions reductions from zero-carbon fuels, among other projects, to reduce GHG emissions.

Cameron Mitchell, Director of the Isle of Man Ship Registry, said, “As the world’s first flag state to reduce registration fees for ships deploying green technology, we want to support our members’ efforts by giving them access to the best technology for supporting fuel choice and to manage and monitor vessel emissions for regulatory compliance.”

“Our collaboration with FuelTrust provides Isle of Man-registered ship operators and charterers the insights, expertise and transparency to assess the collective carbon output of their fleets and to manage compliance with emissions regulations.”

More than 90 industry specialists have committed to speaking at CMA Shipping Expo & Conference which Group Director Maritime, Informa Markets, Chris Morley said is a great achievement for the event and reflects the importance of the North America market in the global arena.

“The opening day of CMA Shipping has exceeded our expectations.  To see so many of the shipping community together and ready to do business is encouraging and we know the next two days will be filled with networking and business opportunities.”

The expo hall showcases leading technology, maritime equipment, fuel and lubricant, safety and sustainability suppliers, ship repair, navigation and communication, software solutions, energy, salvage and emergency response solutions providers, insurers and maritime recruiters.

The event culminates on Day 3 evening which is dedicated to the well-attended and certainly much awaited Commodore Gala Dinner & Afterglow.

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