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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

 

Future Fuels

Danaos ups methanol-ready boxship orderbook

Chief executive John Coustas sees container market optimism extending to longer term as charterers snap up newbuildings

Containers Dry Bulk

Greek shipowners on the hook for €335m next year under ETS phase-in

Data firm OceanScore said many Greek shipowners are adopting a “wait and see” approach, which could leave them with a hefty emissions tab

Sustainability Energy

CMB.Tech signs for four hydrogen-powered tugs

The vessels will be able to run on traditional fuel as well as hydrogen when it is not available, and will comply to IMO Tier III standards

Sustainability Bunkers

Lemissoler Navigation orders up to eight methanol ultramaxes from Huangpu Wenchong

Cyprus-based shipowner Lemissoler has ordered four 65,000 dwt ships with an option for another four

Dry Bulk Sustainability

Tata Steel shipping head says cargo owners must drive green transition

Dry bulk cargo owner Tata Steel says fuel suppliers must work with cargo owners more than shipowners for decarbonisation to work

Sustainability Dry Bulk

Nuclear lobby asks IMO for fair hearing on safety

Companies backing nuclear shipping defended the technology’s safety record and asked the International Maritime Organization for a level playing field with other future fuels

Sustainability IMO

FuelEU to more than double biofuel bunker demand

Bunkering patterns have started to change, with more vessels trying to refuel with biofuel blends

Sustainability Fuels

Bigger delivery tankers needed for alternative fuels, says Maersk

Methanol and ammonia ships will need double the volume of fuel for the same energy. Maersk head of fuel transition Sameer Bhatnagar said ports must prepare

Sustainability Bunkers

Global alternative fuel demand could exceed 10m tonnes in 2026

Biofuels and LNG to increase bunker market share until 2030 on the back of stricter environmental regulations, such as FuelEU Maritime and CII

Sustainability Tankers and Gas

Stena to retrofit Irish Sea ro-pax pair for methanol fuel operations

Swedish shipowner will work with Wärtsilä and Lloyd’s Register to retrofit the 1,920 lane metre Stena Superfast VII and Stena Superfast VIII. The project follows the successful, part-EU funded, conversion of the Stena Germanica in 2015

Technology and Innovation Ship repair

NYK partners Drax to develop world’s first biomass-fuelled ship powered by wood pellets

Japan’s energy transition has led to increasing demand for fuel pellets from North America

Sustainability Technology and Innovation
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