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June 20, 2024

For further information, please contact:

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

ABL to support maritime decarbonisation in the Maldives

20 June 2024 – Energy and marine consultancy ABL has been appointed by the World Bank to carry out a nation level study on the strategy, regulatory framework and roadmap for decarbonising the maritime sector of the Maldives.

Key partners to ABL on this study are, the Maldives Port Limited (MPL), finance consultancy HHX.blue, Arcsilea, and other consultants.

The project has been commissioned by the World Bank Group and is aligned with PROBLUE’s objectives to help countries chart a course towards a blue economy approach. PROBLUE is a multi-donor trust fund, housed at the World Bank, that supports the development of integrated, sustainable and healthy marine and coastal resources.

ABL’s scope of the work includes an assessment of the maritime transport sector in the Maldives and to support the development of a strategy, regulatory framework and roadmap to decarbonise the industry and meet the country’s 2030 net-zero target. It also includes the preparation of an action plan to decarbonise ports and ferry stations in the country, and the preparation of a bankable proposal for electrifying the ferry fleet.

Stefano Scarpa

‘’We are truly delighted to work on this project together with MPL, HHX, Arcsilea to deliver an important and impactful solution for the Maldives. ABL has long been evolving its technical offering to support maritime decarbonisation with solutions in emissions consulting, alternative fuels and electrification, energy storing and cold ironing to name a few. We are committed to safeguarding and driving sustainability across the maritime industry”

Stefano Scarpa, Associate Director – Maritime Decarbonisation, ABL Group

The project commenced in May 2024 and is expected to be concluded by the end of October 2024.

ABL is part of Oslo-listed consultancy group ABL Group ASA.

Discover ABL Group’s Energy Transition expertise:

ABL Group energy transition