Under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates
تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الامارات العربية المتحدة
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President & Group CEO
MISC Group
Zahid Osman is the President & Group Chief Executive Officer of the MISC Group, a leading global maritime and energy company with more than 55 years of history. He is also the President & CEO of AET, the Group’s petroleum shipping arm. Effective 1 October 2024, he was appointed as the Vice President of Maritime, Gas & Maritime Business at PETRONAS.
Zahid plays an instrumental role in driving MISC Group’s commitment to sustainable shipping, particularly in the deployment of dual-fuel vessels, zero-emission vessels and advancements in cleaner fuel technologies, aligning the company’s operations with the global push for decarbonisation.
Before taking on his current leadership roles, Zahid served in key positions within MISC, including Chief Operating Officer, Vice President of Corporate Planning, and Vice President of Gas Assets & Solutions. His deep expertise is rooted in his prior experience at the Shell Group of Companies, where he spent more than 20 years in senior management roles, driving key initiatives across finance, LNG marketing, business development, and commercial upstream operations.
Beyond his corporate roles, Zahid is a passionate advocate for gender diversity in the energy industry, serving as Chairman of the Advisory Panel at Malaysia Women in Energy (MyWiE). His influence extends across the energy sector, where his thought leadership helps shape discussions around the future of energy, sustainability, and gender inclusivity.
Despite ambitious net-zero targets set by the maritime industry, only a limited supply of alternative marine fuels is readily available on the market, whilst over 95% of projects for producing these fuels have not passed the final investment decision (FID) phase. It is projected it will take at least six years to reach FID and move to production. Which means, unless a significant number of projects materialise soon, the majority of the global shipping fleet will continue to run on heavy-emitting fuels beyond 2030. Configuring the decarbonised maritime fuel value chain of the future is a costly affair, requiring shipowners, fuel producers, governments, and financial institutions to forge innovative collaborations and develop new business models to release the bottlenecks slowing the journey to net-zero emissions by 2050.
Attendee insights:
Delve into the complexities of creating a low carbon maritime fuel value chain, as well as the collaborative strategies required to overcome cost and infrastructure challenges.
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