• S5 Ep39: Carlo Raucci, Lloyd's Register & Karan Sawhney, UN Global Compact

  • Jun 27 2024
  • Length: 31 mins
  • Podcast

S5 Ep39: Carlo Raucci, Lloyd's Register & Karan Sawhney, UN Global Compact

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  • Summary

  • In this week’s ship.energy podcast, the spotlight is on the Maritime Fuel Supply Dialogues, an initiative from Lloyd’s Register’s Decarbonisation Hub. The Dialogues were launched at a first roundtable discussion on 16 April during Singapore Maritime Week which was hosted by the Ocean Stewardship Coalition of the United Nations Global Compact in partnership with the LR Maritime Decarbonisation Hub.

    The initiative is a dialogue series focused on scaling fuel supply development across Asia Pacific and Africa to support regional maritime decarbonisation, that brings together stakeholders across energy and transport sectors. The series aims to unlock the potential for clean and sustainable fuels, especially hydrogen-based fuels, and to foster a thriving blue economy.

    In this ship.energy discussion, contributing editor Mark Williams finds out more about the focus and aims of the Dialogues in conversation with Karan Sawhney, Senior Project Manager, Ocean Stewardship Coalition, United Nations Global Compact and Carlo Raucci, Director of Sustainable Fuels and Strategy, Lloyd’s Register Maritime Decarbonisation Hub.

    Karan Sawhney
    Karan Sawhney is a Senior Project Manager at the Ocean Stewardship Coalition of the UN Global Compact with a background in the maritime and energy sectors.

    Karan began his professional journey in the shipping industry in Singapore. He then ventured into entrepreneurship by founding his own company in the offshore oil and gas sector.

    Seeking to deepen his understanding of energy and environmental issues and pursue his passion for sustainability Karan left the industry to pursue a Master's degree in Energy, Natural Resources, and the Environment at the Norwegian School of Economics (NHH), complementing his Bachelor's degree from the Kelley School of Business at Indiana University Bloomington.

    Karan then joined the Worldwide Fund for Nature (WWF) as a Program Advisor, where he played a crucial role in international conservation projects. His work in project management and sustainability led him to his current role at the UN Global Compact, where he is responsible for developing and managing sustainability linked initiatives within the maritime sector. Karan is currently leading the establishment of Ocean Stewardship Centers in the global south, as well as spearheading an international ports working group, focusing on high-level policy recommendations to be presented during the UN General Assembly Week.

    Dr Carlo Raucci
    Dr Carlo Raucci is a highly regarded expert in maritime decarbonisation, with over 15 years of experience driving change in the industry. As Director, Sustainable Fuels and Strategy at the Lloyd's Register Maritime Decarbonisation Hub, he spearheads efforts to accelerate the adoption of sustainable fuels for shipping.

    Dr Raucci’s study "A framework for first movers in shipping's decarbonisation (2021)" played a pivotal role in establishing the Silk Alliance, a green corridor cluster in Singapore, which is currently managed by his team. He is accountable for the First Mover Program of the Hub, where he supervises a team and supports stakeholders across the maritime industry to embrace sustainable fuels and expedite the transition to a clean future.

    His expertise extends beyond hydrogen, encompassing fuel mix projections, production cost models, and decarbonisation strategy development.

    Dr Raucci has authored numerous publications, including: “The scale of investment needed to decarbonise international shipping”, “The Potential of Zero-Carbon Bunker Fuels in Developing Countries”, and The Future of Maritime Fuels.

    Dr Raucci's research from his PhD at University College London (2016) was the first to propose hydrogen and hydrogen-based fuels as a viable option for decarbonising shipping.
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