Tag: Reduction
KEYS Azalea Completes First Ship-to-Ship LNG Bunkering in Western Japan Promoting the use of LNG as marine fuel and contributing to a reduction of GHG emissions
On April 10, KEYS Azalea, an LNG bunkering vessel owned and operated by KEYS Bunkering West Japan Ltd. (“KEYS”)1 — a joint venture established by Kyushu Electric Power Co., Inc.; NYK Line, ITOCHU ENEX CO., LTD.; and Saibu Gas Co., Ltd.—baked LNG for the pure car and truck carrier Daisy Leader2 at the port of…
ClassNK issues Statement of Fact (SOF) for Methane Slip Reduction System developed by Hitachi Zosen, MOL and Yanmar PT
ClassNK has verified the methane slip reduction effect of the methane slip reduction system*1 jointly developed by Hitachi Zosen Corporation, Mitsui O.S.K. Lines, Ltd. (MOL) and Yanmar Power Technology Co., Ltd. (Yanmar PT), and issued a Statement of Fact (SOF). A concept of the methane oxidation catalyst system*2 was designed by Hitachi Zosen and Yanmar…
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…
KR Verifies HMM’s Greenhouse Gas Reduction Calculation Methodology
KR has awarded a third-party verification certificate for a “Greenhouse Gas Reduction Calculation Methodology” developed by HMM, South Korea’s largest shipping company. The methodology is based on the Renewable Energy Directive Ⅱ, a regulatory framework adopted by the EU to promote the use of renewable energy to all member states. Last year, the International Maritime…
Orca AI platform drives significant reduction in CO2 emissions and fuel spend across 267-strong fleet in 2023
Comprehensive analysis by maritime technology company Orca AI shows that its market-leading automated situational awareness platform achieved significant operational gains for clients in 2023, including a 172,716-tonnes reduction in CO2 emissions and fuel savings, thanks to fewer sharp manoeuvres and speed drops, as well as an overall reduction in the number of potential incidents and…
MOL Partners with Climate Tech Firm, 123Carbon to Complete Insetting Pilot Supporting customers’ Scope 3 reduction targets
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed an insetting pilot with 123Carbon B.V. (note 1) by tokenizing the GHG emission reductions from the Net Zero Voyage (note 2) which was conducted jointly with Methanex Corporation in February 2023. This allows MOL to allocate the GHG emission reductions from the use of biomethanol…
LR supported by Greek shipping leaders launches Maritime Emissions Reduction Centre in Athens
The Lloyd’s Register (LR) Maritime Decarbonisation Hub is collaborating with five leading shipowners as Founding Members in the establishment of a not-for-profit Athens-based global Maritime Emissions Reduction Centre (M-ERC) that will focus on optimising the efficiency of the existing fleet. LR and The Founding Members believe that this is a significant initiative, which underlines the…
Steamship Mutual works with Vale SA on decarbonisation and carbon emission reduction projects
As part of their Ecoshipping Programme Vale SA are committed to supporting the shipping industry in reducing carbon emissions through operational measures and decarbonisation. Vale SA is one of Steamship Mutual’s very longstanding Members and, as part of that programme, they invited the Club to work with them on three projects, including the recently announced…
Daphne Technology unveils a series of groundbreaking developments in PureMetrics™, empowering businesses to achieve carbon reduction goals
Daphne Technology unveils a series of developments and enhancements for their innovative PureMetrics™ solution. To provide some context, PureMetrics™ stands as an advanced system designed to directly measure and report real-time GHG emissions. This approach eliminates the reliance on fuel consumption estimates, ensuring utmost accuracy and compliance with critical regulations such as the European Union…
ABS Approves Innovative Emissions Reduction Technology for Ammonia-Fueled Ships
ABS issued an approval in principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) for its ammonia reductant supply system for selective catalytic reduction (SCR) in ammonia-fueled ships. Representatives from both companies and the Liberian International Ship & Corporate Registry (LISCR) met at Gastech 2023 for the AIP…
