Tuesday, May 25, 2021

Online Shipping Meeting to Mirror Actual G7 Event

M7 Guests to Replicate Invited Countries Listed
Shipping News Feature

UK – WORLDWIDE – The UK Chamber of Shipping is to host its first ever maritime G7 event. The online meeting, dubbed 'M7' will look to mirror the G7 Summit taking place in the UK in June and will focus on digitising trade and green research and development projects. Launching the event, UK Chamber of Shipping President John Denholm said:

“Shipping is vital for international trade and as we emerge from the Covid-19 crisis, there has never been a better time to strengthen our global connections and look for ways to improve trade and learn about projects that will deliver a cleaner, greener shipping industry.

“The G7 brings together the world’s leading economies and this year the UK government has extended the invitation to Australia, India, South Africa and South Korea. With the event taking place in the UK, we wanted to bring together the same countries and see how we, as leading and developing shipping nations, can better align trade regulations across the globe as well as co-ordinate green research and development projects.

“I want to thank all the participants for joining the first meeting of its kind and I hope in years to come this becomes a regular event which can emulate some of the successes of the G7.”

The UK Chamber of Shipping is apparently replicating the invitation list for the G7 with representatives from Canada, France, Germany, Italy, Japan, the UK, and the US plus non-G7 members Australia, India, South Africa, and South Korea joining the virtual meeting taking place on June 9.

The event will start at 1300 BST and will begin by looking at advancements in digitising trade. The M7 members will be encouraged to share their experience of national digital trade initiatives and thoughts about barriers for adoption.

The second part of the meeting will focus on green research and development projects and what initiatives the M7 members are participating in to improve decarbonisation across the shipping industry.

M7 members will also be encouraged to share experiences of coordinated research and development initiatives in their country and identify ways to better co-ordinate efforts in environmental R&D.