Marius Suteu, Managing Director of SafetyTech Accelerator, commented: “The involvement of flag states, classification societies, and regulators is vital to the success of initiatives like MAMII. They are in a unique position to provide early-stage regulatory insights and views on innovative tech – views that you need as early as possible in the development process. The Isle of Man’s leadership sets an important precedent, ensuring that innovative methane abatement technologies are not only developed but are also safely and efficiently integrated into the global maritime fleet.”

To note, besides the IOMSR, the latest members to join MAMII are Swiss engine developer WinGD and U.S.-based cruise holding company Royal Caribbean Group.