Application Internet of Things (IoT) to calibrate with IMO 2050 Decarbonization Charters and Phase Out Greenhouse Gases from the Shipping Industry of Bangladesh

With the application of the Internet of Things (IoT ) linking all the ships and other water vessels with different types of sensors and surveillances for reading, observation and monitoring the existing system, Bangladesh Maritime Safety Administration can calibrate with IMO 2050 Decarbonization Charter and phase out the emission of greenhouse gases to a significant level from the ships and vessels operating in the domestic and international waterways. Furthermore, according to the study, the adaptive measures, thriving in the enforcement of the environmental safety regulations, adoption of new technologies, use of alternative fuels, speed and trim optimisation and speed reduction, applications of route planning, upskilling the workforce, etc. in the context of Bangladesh, eventually create a broader and reliable hub to collect specific data from the source of polluters and help Bangladesh Maritime Safety Administration improve energy efficacy performance of the ships, especially in Annual Efficiency Ratio (AER) Energy efficiency Existing Ship index (EEXI), Energy efficiency Design index (EEDI), Carbon Intensity Index (CII) and in Fuel Oil Reduction Strategy (FORS) and thus reducing carbon emission to a significant level.Collecting primary and secondary data, the paper empirically studies the prospects of installing sensor technologies and surveillances in all the ships and water vessels for fuel efficiency, engine efficiency, carbon emission, methane emission, volatile organic compound emission, and other GHG emissions. The paper maintains that being able to holistically connect all the vehicles operating under Bangladesh Maritime Safety Administration to a single network commonly could create a comprehensive way to facilitate operational best practices, enforcing and implementing the regulatory laws effectively, preparing the budget well, and proposing changes in places where they are duly applicable.While assessing the measurements to align with IMO 2050 Decarbonization Charters, the focus has been duly placed on the cost of technologies, shortage of resources, human capital shortage, administrative challenges, policy constraints, operational challenges, and environmental impacts. Again, IMO 2050 Decarbonization parameters were carefully studied before mapping out the integration of IoT into systems. The possible measures categorised as the short-term, middle-term and long-term instruments are proposed to be implemented phase by phase, encouraging the stakeholders to enhance technical cooperation and capacity-building activities. The study also highlights how the application of IoT and augmented intelligence in the shipping industry can be a breakthrough technology, helping the stakeholders to enforce IMO 2050 Decarbonization Charter, formulate policies appropriately, use alternative low carbon and zero-carbon fuels and innovative technologies to enhance further the energy efficacy of the ships and other water vehicles. The paper concludes that giving tax rebates and financial incentives for going green and being aligned with IMO 2050 Decarbonization Charters could inspire the stakeholders.