The climate impact of Australia’s fossil fuel exports ranks behind only Russia and Saudi Arabia exports in terms of global emissions, a major new report from the Australia Institute Climate & Energy Program explains. The new research also concludes that in absolute terms Australia is the world’s fifth largest miner of fossil fuels.
BIMCO’s Deputy Secretary General, Lars Robert Pedersen, discusses how the shipping industry can accomplish speed reduction in a way to achieve cutting emissions and whether measuring a vessel’s speed is an easy task. In general, the shipping industry should question itself whether speed limits help cut emissions, or they are walking towards the wrong path of cutting the industry’s GHG emissions.
During an interview with the SAFETY4SEA team at Nor-Shipping 2019, Kirsi Tikka, Executive Vice President, Global Marine, ABS, shared her views on why decarbonization has become one of the biggest challenges for shipping. In addition, Dr. Tikka gave her insight on what will be the biggest shipping challenges up to 2030 regarding sustainable shipping.
One year after taking delivery of its first ‘Green Funnel’ LNG-fueled Aframax crude oil tanker, Russian shipping company PAO Sovcomflot revealed that using LNG as a primary fuel for these large-capacity tankers enabled a 30% reduction of CO2 emissions compared with similar vessels powered by HFO.
During the 2019 Hellenic American Maritime Forum, Mr. Antonis Trakakis, Chief Technology Officer, FORWARD SHIPS, talked about LNG as a fuel. Namely, Mr. Trakakis stated that LNG provides the safest path towards a carbonless future, and there is no reason for the delay of its uptake.
The large-scale production and utilisation of blue hydrogen will allow local industry in Rotterdam to substantially reduce its CO2 emissions well before 2030, according to a feasibility study carried out by 16 companies and organisations within the H-vision project.
The European Commission published for the first time, on Sunday, June 30, information on the CO2 emitted by vessels with more than 5,000 gross tonnage when conducting maritime transport activities related to the European Economic Area (EEA).
Transport Malta issued a notice to mariners, as the Merchant Shipping Directorate wishes to remind vessels covered by Regulation (EU) No 2015/757 of the European Parliament and of the Council of 29 April 2015 on the regulations concerning monitoring, reporting and verification of carbon dioxide emissions.
ShareAction launched a report called ‘Changing Course: Banking Financing of the Shipping Industry’, arguing that institutional investors should widen the scope of their engagement with banks to beyond the fossil fuels sector. As the low-carbon transition will change the industry, financial intermediaries, banks are in a good place to facilitate this transition.
Maersk, integrator of container logistics and Bolloré Logistics, announced that they are to sign a carbon pact, according to which they are both committed to reduce their CO2 emissions by 20% per container transported by 2025 for Bolloré Logistics business with Maersk as part of this collaboration.
