🌟10 Must-Knows from MSC Executive VP - Bud Darr on MSC’s Decarbonization Strategy
🌍Bud Darr on Regulatory Challenges and the Shipping Industry’s Future
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Greeting Maritime Mavericks,
🌍 As the shipping industry faces mounting pressure to decarbonize, MSC is leading the charge with bold strategies and forward-thinking initiatives. Bud Darr, executive vice president, maritime policy & government affairs at MSC, offers crucial insights into how one of the world’s largest shipping lines is navigating these challenges.
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🌟Here are the 10 most important takeaways from MSC VP - Bud Darr:
🚢 "Shipping needs to increase global supply chain resiliency and develop a global fuel standard and carbon pricing to support decarbonization."
💡 "If you are not a problem solver, you are in the wrong industry."
🔥 "Look at the unanticipated complete disruption of the Red Sea that we’ve seen by non-state actors, the firepower that is being deployed against merchant shipping in the Middle East is astonishing."
🚢 "MSC made a substantial investment up front in extra shipping capacity – something it was initially criticized for doing by the sector."
⚓ "Our industry does not function, were it not for seafarers, the unsung heroes of all society."
🌍 "IMO 2020, which saw 60,000 ships switch to very low Sulphur fuel, was a “tiny rounding error” compared with the challenge of decarbonizing shipping. But it’s not just a regulatory challenge, it’s a practical challenge."