To analyze the current state of the shipping industry’s carbon emission reduction transition and the prospects for new technologies and stretegies, including ship design and fuel selection, necessary to achieve full net-zero
Fuel Type: LNG
Options for Reducing Methane Emissions from New and Existing LNG-Fueled Ships
To evaluate the effectiveness of various technological and operational measures to reduce methane emissions from LNG-fueled vessels, to assess the current status of LNG engine technology, and finally to provide recommendations for policy changes and technological improvements to mitigate methane emissions from LNG-fueled vessels.
Applying Alternative Fuels to Existing Ships (Engine Retrofit Report 2023)
To explore decarbonization through retrofitting existing ships and analyze the price gap between alternative fuels and conventional fuels through forecast scenarios for the application of alternative fuel technologies in ship retrofits
It is worth noting that this report proposes a required carbon tax of $350 per ton of CO2 in order to bridge the price gap between existing marine fuels and the latest eco-friendly alternative fuels, such as methanol and ammonia.