Decarbonisation
The International Maritime Organization has committed to slashing total annual greenhouse gas emissions by at least 50% by 2050, compared with 2008, and it aims to decarbonise the sector fully by the end of the century. The shipping industry is facing up to the challenge, developing new fuels and stronger, environmentally-friendly practices. But with tighter rules and regulations on both a regional and global level to contend with, agreement on the best approach is not easy
EU price cap plan could force shadow fleet changes but enforcement questions remain
It remains unclear whether a lowered price cap would be a G7 plan or a solo EU move, but its effectiveness depends on whether the new price cap would be enforced, oil price fluctuations and how a realignment of sanctioned tankers vs shadow fleet and mainstream tankers plays out
Kasso e-methanol plant has lessons for green shipping
In-house power generation, only making e-methanol at the times when power is cheap enough, and support of forward-thinking leaders and shareholders can help overcome power-to-X problems
Weak IMO rules leave WinGD with challenging outlook, says CEO
WinGD chief executive Dominik Schneiter says the IMO’s two-tier carbon price will lock in fossil LNG as he calls for stronger incentives for green fuels from MEPC in October
LNG carriers may end up paying to pollute
LNG carriers may end up paying to pollute rather than switching to bio- or e-LNG in coming years because of the lack of a business case for cleaner options, BW LNG chief executive Yngwil Asheim has said
The week in charts: Iran gas shipments to China plow on despite increased scrutiny | Container volumes continue to surprise | Panama blasts ‘misleading’ complicity claims
Tehran’s outflows remain robust, despite Trump administration’s ‘maximum pressure’ campaign; While US tariffs weakened North American imports, Asian exports remained strong, especially to Europe; The Panama Maritime Authority has substantially reduced its share of the Iran-trading fleet over the past 18 months, but US pressure group UANI says it is still complicit in facilitating Iran’s oil export
Owners installing more scrubbers despite months of weak fuel spreads
The buoyant newbuilding market has equated to even more scrubber installations, but there is also a surprisingly high number of retrofits planned, even as fuel spreads languish at low levels
What’s keeping shipping awake at night? Five key takeaways from Nor-Shipping 2025
The View from Oslo this week finds shipping executives bullish in the face of geopolitical turmoil, stoically sailing into a new world order of superpower rivalry, but still unclear on how to move forward with decarbonisation
LNG steamers may get a stay of execution from IMO
Fuel costs for old, inefficient steam turbine LNG carriers could be the same as those of new ships under IMO green rules in 2032, Nor-Shipping was told
Electrification’s place in maritime decarbonisation
Expanding fleet electrification technologies will propel shipping’s sustainability drive, with prioritised safety and standardisation
Ports face challenges preparing for hydrogen and ammonia
European ports face several challenges in preparing for a multi-fuel future and must work together to make hydrogen and ammonia possible
Shipping will face decarbonisation pressure from below, as well as above
Consumers continue to pressure brands to reduce Scope 3 emissions, but will shipping start to feel the force from below as well as from regulators above?
Wah Kwong launches Venture Energy to drive clean bunker fuel supply
The new subsidiary aims to leverage China’s green fuel production and Hong Kong’s maritime hub status to support global shipping decarbonisation
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