Gard AS News
The 175 member states of the International Maritime Organization (IMO) have unanimously agreed on an ambition to reach net-zero GHG (greenhouse gas) emissions from international shipping close to 2050. The previous strategy aimed for a 50% reduction in emissions by 2050. However, the new one is far more ambitious. The IMO is now targeting at least a 20% reduction by 2030 and 70% by 2040, compared to 2008 emission levels. The new strategy also includes striving for even higher reductions than th...
In the report, eight of the world’s pioneering marine insurers have gathered and published client data to track their hull and machinery insurance portfolio’s climate impact. The goal is to support the industry’s green transition. “This level of transparency is a major milestone on our journey to decarbonise the maritime industry,” says Patrizia Kern, Chair of the Poseidon Principles for Marine Insurance initiative and Marine Strategy Advisor – CEO...
Gard is happy to announce that they have entered into partnerships with the Global Centre for Maritime Decarbonisation (GCMD) in Singapore and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping in Denmark. As decarbonisation transforms the maritime industries, ship owners will increasingly have to convert their operations to alternative fuels and low-carbon technologies, exposing them to new risks and operational challenges. As a leading marine insurer, Gard wants to support t...
The EU adopted the eighth package of sanctions on 6 October 2022 in response to Russia’s continued military aggression against Ukraine. Several which further amend Council Regulation 2014/833. As well as imposing an asset freeze on several new individuals and entities, the Regulation contains the following provisions of particular relevance to shipping: Russian Maritime Register of Shipping The Russian Maritime Register of Shipping has been added to the list of Russian state-owned entit...
Gard announces that Lars Lislegard-Bækken is appointed Gard’s new Chief Operating Officer (COO) with Ingvild Høgenes Nilsen taking over as General Counsel. Lislegard-Bækken has served as Gard’s Chief Legal Counsel since 2018. “Gard is growing and evolving. We have created this new COO role to make sure we are well-positioned and continuously able to deliver on our long-term strategy and goals. It’s about being fit for the future,” said Gard CEO,...
The 12 talks take place in the Blue Economy Hall at Nor-Shipping’s Lillestrøm exhibition facilities, with hour-long sessions focusing on future strategies, solutions, and building partnerships capable of delivering sustainable ocean success. Nor-Shipping Director Sidsel Norvik says the programme offers ‘an unmissable opportunity’ to see ‘an industry A-list debating how to transform ocean ambition into reality.’ Nor-Shipping 2022 runs in Oslo and Lillestr&osl...
‘By perseverance, everything reaches its target,’ the saying goes. Yet another year is almost over, and the COVID-19 pandemic continues to challenge everybody’s patience and perseverance. Many probably thought they would be back to a more ‘normal’ situation by now, but unfortunately it seems everyone will have to persevere a while longer. All the more important it is now to acknowledge and celebrate some of the progress and milestones that are being reached in the...
Gard announced its decision to become a signatory to the Poseidon Principles for Marine Insurance (PPMI), a global framework to quantify and disclose the carbon intensity of insurers’ marine hull portfolios. Moving towards decrabonisation “We need to work together to tackle the challenge of climate change. As such, the Poseidon Principles are an important contribution from the marine hull insurance industry," said Rolf Thore Roppestad, Chief Executive Officer of Gard. “The p...
A raft of respected business leaders, ocean experts and key industry stakeholders have been revealed, as participants in the unique Blue Talks programme at the Nor-Shipping 2022 exhibition. Nor-Shipping 2022 Scheduled to take place from April 4 to April 7, 2022, the Blue Talks at Nor-Shipping 2022 event will complement Nor-Shipping’s main theme of taking positive #ACTION within the ocean space, with hour-long sessions dedicated to the future strategies, solutions and technologies capable...