As part of IMO’s strategy to reduce GHG emissions from ships, a meeting of the IMO Global Industry Alliance to Support Low Carbon Shipping (GIA) Task Force took place at IMO Headquarters in London, on 27 November, holding a lively debate on the marine fuel for the future.
The UN Environment issued its annual Emissions Gap Report providing an assessment of current national mitigation efforts and the ambitions countries have presented in their Nationally Determined Contributions, under the Paris Agreement. The report identifies current commitments by states as inadequate to bridge the emissions gap by 2030, while it reveals that there is no sign of improvement on GHG.
Already established measures have paved the way for a more environmental-friendly shipping. A key example is the IMO NOx Tier III limits. These limits apply to engines installed on or after 1 January 2016, that are operating in Emission Control Areas and establish a strict limit on their emissions.
Greek Diana Shipping will not choose scrubbers to comply with the 2020 sulphur cap. Namely, the company believes that this technology is not an attractive investment at the moment. As Ioannis G. Zafirakis, Diana Shipping’s Director, Chief Strategy Officer and Secretary, explained the company concluded that buying back its stock offers would offer better return possibilities.
As we are getting near the 2020 sulphur cap, a study by Global Market Insights reported that the marine emission control system market size will exceed USD 14 billion by 2024. Strict laws regarding maritime pollution combined with rising environment & health concerns will drive the marine emission control system market to grow even more.
The Port of Rotterdam Authority, the government and four provinces have agreed for more secure parking spaces and charging points for clean energy along two of the most important freight transport corridors heading for Germany. A network of filling points for sustainable fuels and other energy carriers will be created.
The Murmansk Sea Trade Port managed to reduce its emissions four times. This achievement came after the Port invested 1.8 billion rubles ($27.4 mln) on the environmental safety of coal transshipment over the last two years. Investments are made in several areas: monitoring, purchasing cleaning equipment, water cannons and other sprinkler systems, creating dust shields and others.
The West of England P&I Club informed that the Taiwanese Ministry of Transportation and Communications (MOTC) advised that from 1st January 2019, vessels entering international commercial port areas in Taiwan, should use fuel oil with a sulphur content of not over 0.5%. The ports that will enforce earlier the sulphur cap regulation which are Keelung, Taichung, Kaohsiung, Hualien, Taipei, Suao, and Anping.
Blockchain Labs for Open Collaboration MIT Solve’s Coastal Communities Challenge, for its work in developing shipping Emissions Monitoring Reporting solutions. The Solve’s Challenge Leadership Group judges opted the Solver teams as the ideal set of solutions showing potentials into tackling large-scale global challenges.
In a bid to comply with the IMO 2020 sulphur cap, German container shipping major Hapag-Lloyd announced it has ordered ten hybrid-ready scrubbers to be gradually installed to ten of its 13,000 TEU Hamburg class vessels during 2019 and 2020. In March 2019, the retrofits will start and the first EGCS will be installed to the vessel ‘Hamburg Express’ at Qingdao Beihai shipyard in China.
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