Tag: decarbonisation
LISW panel: regulation essential for shipping decarbonisation
Regulations will drive decarbonisation; LNG is short-term transition fuel; and while the intention of the ETS is good it is “complicated and bureaucratic” – these are some of the key takeaways from a panel discussion during London International Shipping Week Source link
Shipping industry faces two alternative decarbonisation paths with hydrogen-based fuels and biofuels vying for prominence
In view of the maritime sector’s strengthened commitments to reduce GHG emissions to net-zero by 2050, the Lloyd’s Register (LR) Maritime Decarbonisation Hub’s “The Future of Maritime Fuels” report presents a review of a wide range of fuel mix projections and has identified two alternative paths that will steer shipping’s course – hydrogen-based fuels scenarios…
Major Investment across the Maritime Sector urged for the UK to become a Global Leader in Decarbonisation
Maritime UK, the collective voice for the UK’s maritime industries, has used the start of London International Shipping Week to highlight the need for £2 billion private and public sector investment per year to deliver its target to decarbonise by 2050, and further to support an ambition to become a global leader in decarbonisation. Securing…
MOL and Shell Sign Collaboration Agreement to Advance Decarbonisation in Maritime Sector
Mitsui O.S.K. Lines, Ltd. (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte. Ltd (Shell) have signed a Memorandum of Understanding (MoU) to agree a joint focus on advancement of alternative maritime solutions and managing carbon emissions liabilities holistically. The companies will harness their unique perspectives as a fuel supplier…
Including decarbonisation in ocean bids and procurement decisions: 5 key changes
Regulatory, shipowner and ports-driven changes concerning decarbonisation and sustainability are finally happening in ocean transport – and shippers/Beneficial Cargo Owners are starting to make real changes in their procurement processes to reflect these new challenges. It is no longer “just talk”. Europe’s new Emission Trading Scheme carbon taxes on shipping will begin in less than…
Greece doubles down on decarbonisation commitments
The Greek shipping community, the powerhouse of the global maritime industry, made a resolute commitment to decarbonise its operations and support international policies geared towards sustainable and viable solutions in the Union of Greek Shipowners’ (UGS) latest annual report. Embracing the mandates laid out by the International Maritime Organization (IMO), the UGS said that Greek…
