Navigating Decarbonization

Unprecedented changes in international shipping have led to the need to establish a dedicated Innovation and Energy Transition Team. The dedicated Innovation and Energy Transition Team will work to tackle challenges facing the international shipping world to transform to net-zero GHG emissions in line with the IMO GHG Emissions Reduction Strategy with the goal to reach net-zero emissions by 2050.

Since 2016 the Liberian Registry has supported decarbonization in international shipping by working in close collaboration with shipyards, design companies, classification societies, engine manufacturers, shipowners / managers, and other key stakeholders. Innovative ship designs, new technologies, and alternative fuels have been realized through our partnership on joint industry projects (JIPs) and joint development projects (JDPs). Having participated in more than 35 projects over the past three years alone.

Turn challenges into opportunities by taking advantage of new groundbreaking services provided to Liberian shipowners and our collaborative partners to support the joint pursuit of net-zero greenhouse gas (GHG) emissions.

• A tonnage tax discount of 3% annually as long as the vessel remains a part of the Green Award Initiative
• Global recognition for being a Green Award certified vessel
• Additional discounts from other Green Award incentive providers including participating port authorities, classification societies, and various maritime shipping services, products, and technology companies.