Ahead of the plenary vote on CO2 standards for heavy-duty vehicles, European shipowners highlight once more the urgent need to make clean affordable fuels available for shipping
Keyword: IMO GHG Strategy/ Net Zero
Singapore and Korea discuss on bunkering of new marine fuels and digital initiatives
MPA was hosted by Korea’s Ministry of Oceans and Fisheries at a bilateral meeting in Busan where both updated on digital initiatives and bunkering of new maritime fuels, amongst others.
Greek owner to sell all container ships, spend $3B on LNG tankers
There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments?
New study raises concerns about the durability of biofuels
A new study launched by one of the world’s leading dry cargo shipping companies, Oldendorff Carriers, casts doubt on the sustainability of the popular second-generation biofuels.
Peninsula hits landmark with first supply for LNG-powered cruise ship
Peninsula’s liquefied natural gas supply vessel, Levante LNG, refuelled the Royal Caribbean Group cruise vessel Silver Nova last Saturday, the company’s first LNG supply in Gibraltar
Biofuels and e-fuels in trucks will make it harder for aviation and shipping to go green
The EU climate targets will slash demand for oil and gas. As a result, fuel suppliers are investing in e-fuels and biofuels to replace them
Decarbonisation storm hits global shipping
Sea trade is under massive pressure to change as the global population of 61,000 ships collectively weighing in at over 2.1 billion tons deadweight is responsible for over 3% of current CO2 emissions and still rising.
Hong Kong’s Marine Department to offer decarbonization incentive to HK registered ships
As announced in the budget speech delivered by Financial Secretary Paul Chan on 28 February, the Marine Department will this year and through to 2026, will offer cash incentives to registered ships based upon their carbon intensity performance.
Enough talk: Crunch time for IMO shipping measures to cut climate impacts
Ahead of next week’s meeting of the International Maritime Organization’s Intersessional Working Group on Reduction of GHG Emissions from Ships (IMO, IWSG-GHG-16, March 11-15) and the subsequent Marine Environment Protection Committee (MEPC 81, March 18-22), the Clean Shipping Coalition is calling on the IMO to take action in three key areas.
Ships and ports will be crucial in achieving EU climate goal
The Commission estimates that 280 million tons of CO2 will need to be captured to meet the ambitious 90 % greenhouse gas emission reduction target in 2040. The ports, and the maritime sector will be an integral part of transporting CO2 in CCS processes.