Tag: options
Weighing up energy saving technology options
Across the maritime industry, stakeholders are faced with a step change in emissions-related financial exposure and this will only increase over the next few years. EU Emissions Trading System (EU ETS) is now in effect, FuelEU Maritime is on the horizon and there is a very real possibility that IMO’s greenhouse gas fuel intensity (GFI)…
IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table
The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some progress made on the finalisation of mid-term measures, and without a decisive shift in the landscape of positions and preferences. This meeting was the first convening of the IMO following the adoption of the Revised…
Reports Examine Readiness of Emerging Alternative Fuel Options
The Maritime Technologies Forum (MTF) has released an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers and a comprehensive assessment on the maturity and readiness of alternative fuel options, expanding the number of evaluated fuels covered since the previous heatmap report issued in November 2022. The assessment applied MTF’s recently updated framework to…
ZeroNorth and Alpha Ori Technologies announce plan to join forces, boosting fuel and efficiency optimisation options across the global shipping fleet
ZeroNorth and Alpha Ori Technologies (AOT) have announced today that they intend to join forces in an agreement that will create a leading maritime optimisation company and a new powerhouse in shipping’s digital transformation. Subject to regulatory approval, the two companies plan to generate synergies by combining Alpha Ori Technologies’ expertise in IoT sensors and…
Exploring all options to keep decarbonization on course
With IMO targets becoming more ambitious, DNV’s latest Maritime Forecast to 2050 explores how shipping can reach its decarbonization goals. With an expected shortfall of carbon-neutral fuels, the maritime industry needs to explore all decarbonization options to achieve a 20% reduction in greenhouse gas emissions by 2030. This is a decisive decade for shipping decarbonization…
Hybrid progress increases shipowner options
The maritime sector is experiencing a remarkable shift with the emergence of hybrid ships as one solution to achieving net zero in shipping. In a paper, marine technology specialist Wärtsilä examines the latest trends shaping the course of hybrid ship propulsion. From the introduction of novel battery chemistries and the surge in battery power capacity…
