Tag: CO2

The International Chamber of Shipping, BIMCO, INTERCARGO and INTERTANKO represented the global shipping industry throughout this week's intensive discussions at the IMO, which continued the development of a comprehensive CO2 reduction strategy for the international shipping sector.

Experiments and analyses carried out by more than 250 scientists from 20 German institutions clearly indicate that ocean acidification and warming, along with other environmental stressors, impair life in the ocean and compromise important ecosystem services it provides to humankind. 

The European Parliament and the EU Member States still have not reached an agreement regarding the EU's Emissions Trading System. European shipping is therefore still in danger of being subject to one-side EU regulation rather than supporting the global process, Danish Shipping suggests.

In preparation of the review of the existing legislative framework, ESPO underlines that incentive schemes to encourage ships to deliver their garbage at ports must be accompanied by a “right to deliver” that reflects the normal amounts a ship is delivering in a port. 

The Morocco Express service launched by CMA CGM reduces CO2 emissions by 43% compared to road transport transiting through Spain. Thus, 64 000 tons of CO2 can be saved each year by giving priority to shipping by sea, according to the company.

Statoil, Shell and Total signed a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf. The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway.

Almost three-quarters of all new container ships, which emit around a quarter of global ship CO2 emissions, already comply with the post-2025 requirements of the IMO’s Energy Efficiency Design Index, according to a new study issued by Transport and Environment. 

Speaking on the eve of IMO World Maritime Day, ICS Chairman Esben Poulsson, expressed confidence that the IMO's strategy on greenhouse gas reduction from shipping, once adopted next year, will match the goals and philosophy of the Paris Agreement on climate change.

MOL announced the publication of its Safety, Environmental and Social Report 2017, disclosing the group's initiatives on environment, society, and governance. As part of its environmental responsibility, MOL targets reduction of GHG per unit load by 25% by 2030 and by 50 % by 2050, compared to fiscal year 2014.

Kongsberg has signed an agreement with MEXMAR, for installing a new integrated 'Full Picture' technology on the Platform Supply Vessel, SEACOR Maya, focused on decreasing CO2, NOx and SOx emissions and reducing operating costs through reduced fuel consumption.