Abs hosted its annual Italy National Committee meeting in Monaco

Abs hosted its annual Italy National Committee meeting in Monaco for Italian, Swiss and Monaco-based charterers, owners, brokers, designers and shipbuilders. The forum, chaired by Cesare d’Amico, provided industry-leading analysis of shipping’s dynamic regulatory environment, including the impact of market-based measures and the cost of compliance along with the potential of carbon intensity reduction technologies.

John McDonald, Abs President and COO, outlined how Abs is built to serve the next-generation maritime industry with guidance on advanced vessel designs, fuels and infrastructure, digitalization and decarbonization strategies. Abs continues to hold the number one position in global orderbook share and has grown the fleet to 301 million gross tons, with more than 11,600 assets.

Abs specialists briefed the committee on major market trends including the energy transition and digital transformation. There was an update on alternative fuels, including the latest research on advanced nuclear reactor technologies and the emergence and growth of methanol and ammonia. The members also heard the latest news from the Imo on greenhouse gas reduction targets as well as a primer on how fleet pooling can support compliance with FuelEU Maritime regulations.