The Centre was founded by six industry partners, namely BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Seatrium, with bp, Hanwha Ocean, Hapag-Lloyd, NYK Line and PSA International joining later as “strategic partners”. According to Loo, the setting up of GCMD also received “strong backing” from the Maritime and Port Authority of Singapore (MPA).
Lynn Loo wears multiple hats: a professor of engineering at Princeton University, a co-founder of start-ups and, in yet another role as CEO of the Global Centre of Maritime Decarbonisation (GCMD), she relishes the task of bringing together multiple stakeholders to help the notoriously complex and sprawling maritime industry do its part to reduce carbon emissions. “We’re an ecosystem orchestrator,” says Loo, in an interview with The Edge Singapore.
Established in 2021 in Singapore, the world’s largest bunkering hub and busiest transhipment port, GCMD aims to “support the decarbonisation of the maritime industry by shaping standards, deploying solutions, financing projects and fostering collaboration across sectors”.
