Green Shipping
A WestMED supported Technical Group
Implementing innovative projects to support a greener and fully sustainable maritime transport in the Mediterranean
The western Mediterranean plays a strategic role with respect to short- and long-haul shipping routes, as it connects African and European countries, while it also provides an essential link between Atlantic routes and Asian destinations, via the eastern Mediterranean and including through the Black Sea.
An effective support to green shipping should acknowledge the relevance of transforming, renewing and adapting regional vessels and their transitioning towards the use of fully sustainable sources of fuel/energy, but should also address the potentials of transforming green ports into “circular hubs” for sustainable energy production and consumption – both challenges but also opportunities.
Given the fast development of new technologies and sources to be used for green shipping, a careful monitoring of new developments (green fuel such as methanol, ammoniac, hydrogen and alternative technologies, including electrification), would allow for the continuous monitoring of most advanced practices (technological, infrastructural, managerial, etc.).
The achievement of such vision would require significant amount of financial investments and contributions, which in turn calls for addressing the current fragmentation of public financing streams (national, EU, regional and international), as well as the full visibility for the return potentials for private sustainable investments in regional green shipping.
We are pleased to announce the publication of the 2024 edition of the SRM report on the Italian Maritime Economy. The report also includes a contribution from the Spanish CETMO Institute, whose synergy arises within the WestMED Technical Group on Green Shipping and Alternative Fuels, of which both Study Centers are assiduous and active stakeholders
As one of the contributing parties to its contents, WestMED Italy attended the official presentation on 19 July 2024 in Naples
The first part of this report is dedicated to economic dynamics, which confirm the great importance of the sector for the considerable contribution it makes to our internationalisation. $380 billion of our import-export trade travels by sea and our ports move half a billion tonnes of goods and over 61 million passengers.
In the second part, the international SRM partners carry out in-depth analyses on the main phenomena characterising maritime transport, including the energy transition, case studies on specific countries and the short- and long-term impact of the pandemic.
The third part contains features on topics of great interest such as sustainability, supply chains, vertical integration of shipping and, last but not least, the fishing sector which for the first time, has been included in our analyses because of its importance to our economy.
How to obtain your copy
You can order the report by visiting the SRM website (available in Italian and English)