The Greek Shipping Cooperation Council in London calls for urgent development of low carbon fuels in order for the industry to meet the planned greenhouse gas emissions. The Council supports that short-term measures as slow steaming need further knowledge and study, before they can be thought as viable solution.
Vitol has began constructing a small oil refinery at its storage terminal in Malaysia, aiming to supply low-sulphur fuel for vessels. The project is expected to be completed in May 2020. The project includes a crude distillation unit that can process 30,000 barrels per day of crude.
A new carbon neutral product, the first of its kind in the industry, is to be used by selected Maersk customers for their supply chain. The pilot project has been successfully tested in a trial, under the collaboration of the Dutch Sustainability Growth Coalition (DSGC), and Shell this year.
Hudson Shipping Lines announced as part of its ‘green’ initiatives, that after the implementation of the IMO2020 sulphur cap on January 1, 2020, it will not deploy vessels with scrubbers installed for the purpose of meeting the new IMO standards. Company President Avi Eilon stated that scrubbers breach the spirit and intention of the IMO’s new fuel regulations.
Experts from the Greek shipping market gathered in Athens, Greece, in late May, for the third in a series of global seminars designed to educate the industry on the potential of methanol as a marine fuel. The seminar was organised by consultancy Sea Commerce and supported by the Methanol Institute.
Eleven million people are working in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency. This compares with 10.3 million in 2017. Offshore wind could be an especially attractive option for leveraging domestic capacity and exploiting synergies with the oil and gas industry.
ClassNK has released Guidelines for Ships Using Low-Flashpoint Fuels (Methyl/Ethyl Alcohol / LPG), that outline safety requirements for other viable alternative fuels besides LNG, based on the latest technology and regulation trends in order to promote the design of alternative fueled ships.
Ammonia is a safe and effective option to be used as a marine fuel to reduce harmful emissions in the shipping industry, according to a new research conducted by C-Job Naval Architects, the ship design and engineering company in the Netherlands. The study shows that ammonia can be used as a marine fuel, under the condition that a number of safety measures are included in the design.
Japanese Marubeni Corporation (Marubeni) signed a Memorandum of Understanding with Chinese Sinopec for cooperation in the field of marine fuels ahead the IMO’s global sulphur cap. The agreement was signed on 5 June in Zhoushan, China.
A sustainable solution to shipping’s decarbonization is to adopt ‘net’ zero carbon fuels. This can be achieved through the economic performance of zero-emission ships, environmental considerations, and the development and implementation of international regulations and policies, Dr Carlo Raucci, Principal Consultant, UMAS, believes.
