Dubai-based Zaitoun Green Shipping recently participated in the second edition of the “Malta Maritime Summit”, which was held under the theme of ‘The Voice of the Industry’, last week, in Valletta, Malta.

The event also had several other important themes such as logistics, security, finance, digitalisation, sustainability and Brexit, will be addressed.

Engineer Mohammed Zaitoun, president and CEO of Zaitoun Green Shipping, said: “Our world-changing mission is to leverage our technical knowledge and vast experience to safeguard all life and property at sea by sparking new levels of innovation that revitalises the maritime vessel industry and reduces the environmental footprint of all the projects that we deliver.”

Zaitoun added: “I’m here today at summit to emphasise the importance of environmental efficiency especially for cargo owners. We aim at creating high utilisation eco-efficient vessels to be the pinnacle of the shipping industry.”

“Technology is a key differentiator when it comes to achieving greater efficiency and maximising performance on large merchant vessels. The future will be promising for those who are willing to invest heavily in R&D to find innovative solutions that deliver a competitive edge,” he said.

Shipping causes serious risks to the environment. Apart from damage caused by dredging shipping channels and the spread of marine pests around the world, there is also growing concern about pollution.

According to a report from the European Union, international shipping contributes 2.5 per cent of global greenhouse gas emissions annually and it is predicted to rise between 50 per cent and 250 per cent by 2050.

Zaitoun confirmed: “IMO plays a vital role in protecting the marine environment worldwide. We assure that our innovative technology solutions shall crucially contribute to protecting the marine environment.”

“Moreover, our smart solutions will facilitate complying with the IMO regulations. We prioritise driving sustainability for the environment whilst assuring profitable gains and business growth for our partners,” he said.

“This is a very important signal that the maritime community is taking seriously its role in global efforts to strengthen environmental efficiency for vessels. Eco-efficient vessels demand a premium price at new build stage, are more likely to be chartered, maintain asset value over time, and have a longer lifespan,” he added.

“Efficient vessels have an enhanced marketability as well as a higher revenue potential for the ship owner and thus a more favourable risk profile for financiers. That’s why, the international maritime community from ship owners, regulators, private sector and authorities need to unify efforts to lead a future of vessels efficiency,” Zaitoun concluded.

It’s worth mentioning that Zaitoun Green Shipping has initiated, together with world leading  companies  in  smart  technology  and  solutions,  a consortium to collaborate  on  radically  improving  performance  of  container ships and forming a new business model for this market.

The International Maritime Consortium consists of the top international industry key players such as MacGregor, Mitsubishi Heavy Industries Marine Machinery & Equipment, Wärtsilä, Winterthur Gas & Diesel Ltd, Gaztransport & Technigaz (GTT), WIN GD, CargoTech and Carinafour, it added. – TradeArabia News Service