Columbia Group advisory offshoot EmissionLink says preparing early will save companies money

The argument for expanding shipbuilding and marine equipment production in the West is gathering pace, while high demand for new ships across most sectors will continue, despite a recent slowdown in orders

The IMO’s net zero framework incentivises inefficiency for compliant ships and sends mixed signals to the market about the path to alternative fuels

OceanScore estimated an initial FuelEU compliance deficit for ships of around 2.1m tonnes of CO2 equivalent, while more efficient vessels, mainly LNG and LPG carriers, generate a surplus of about 1.3m tonnes of CO2e

Fully electric ferries in Europe now have a real business case because of European regulations, and the IMO’s new net zero framework will improve it further, says technology firm

Minimum shipboard manning, increasing administration and growing compliance reporting means many vessel’s crew continue to be overloaded with work

With participants from HD Hyundai, Hanwha Ocean, Samsung Heavy and national organisations developing technologies, the following goalposts have been scheduled: a 2,000 cu m demonstration vessel by 2027, a 40,000 cu m vessel by 2032 and a 160,000 cu m commercial vessel by 2040

A push within the IMO to review Long Range Identification and Tracking of vessels is likely to prove politically contentious, but if it goes ahead many flag states will be forced into some long overdue conversations regarding their oversight of vessel due diligence

A report by the Global Centre for Maritime Decarbonisation shows it’s possible to capture carbon on board ships, but not cheap

The Port of Gothenburg is trialling hydrogen to help power docked ships, as it looks for unconventional ways to meet new shore power needs