Maritime Industry Needs Green Agenda Incentives

88% of the maritime industry agrees that the ‘Green Agenda’ is good for the global industry, but less than 46% say it actually offers good value for money, according to a survey carried out by the Institute of Marine Engineering, Science and Technology (IMarEST).

With around 200 responses, the survey also claims that 75% of respondents think the ‘Green Agenda’ can impact business and could act as a success factor, with 78% agreeing that more options need to be made available to encourage companies to invest in green initiatives.

“The survey results are really interesting and clearly highlight that the industry as a whole could use a best-practice guide or a set of options that are clearly available,” said John Barnes of the IMarEST.

“There are a number of initiatives available to shipping companies, but it is difficult to work out which solutions work, and for whom, when there are so many out there.

One respondent to the survey suggested that “companies are not going to invest [in green initiatives] unless forced to or there is an attractive financial incentive”.

The IMarEST is holding a round table discussion ‘Making the Green Agenda Pay’ on October 28 to address what the sector needs to do and discuss going forward.

Press Release; Image: Green Ship