Tag: alternative fuels

COSCO Shipping Holdings signed orders for 12 new 24,000 TEU containerships. The vessels will be methanol dual-fuel powered, to support its transition to green shipping.

The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to the latest edition of the IEA’s World Energy Outlook.

Grimaldi Group ordered the construction of up to ten ammonia-ready pure car and truck carriers worth around $1bn, from China Merchants Heavy Industries Jiangsu shipyard.

Virgin Voyages, a new cruise line, announced that it has partnered with the Roundtable on Sustainable Biomaterials (RSB), along with three waste-based sustainable fuel providers to deliver low carbon fuels to the marine industry.

Jumbo Maritime’s heavy lift vessel (HLV) "Jumbo Jubilee", loaded three Liebherr cranes onboard before setting sail on a voyage to and around the USA powered mostly with biofuels.

The issue of green Guarantees of Origin for hydrogen in the Netherlands has started as of October 2022. Netherlands is the first country in Europe with such a system.

The International Chamber of Shipping (ICS) has submitted proposals to the IMO this week suggesting that a mandatory carbon levy on ships would incentivize the use of alternative marine fuels, such as ammonia, methanol and hydrogen.

"Combating climate change is one of IMO's main priorities but also one of the biggest challenges, in particular for shipping," said IMO Secretary General, Kitack Lim, during the IMO Symposium on alternative low-carbon and zero-carbon fuels.

BP's Energy Outlook 2022 explores the key uncertainties surrounding the energy transition and is focussed on three main scenarios: Accelerated, Net Zero and New Momentum.

Lloyd’s Register has awarded NACKS Approval in Principle (AiP) for an ammonia-fueled 16,000 TEU container ship.