Tag: decarbonization

Yara Marine Technologies stands behind the Call to Action for Shipping Decarbonization and urge the whole industry to follow and move rapidly on decarbonization.

This week’s IMO Intersessional Working Group on GHG Emissions (ISWG-GHG 10) will be focusing on the role that market-based measures (MBM) can play in the implementation of the IMO initial greenhouse gas strategy.

The debate around new fuels continues, but one thing is clear: the shipping industry needs clarity of regulation, trust in technology and evidence of a strong supply chain, argues Steve Esau, General Manager at SEA-LNG.  

António Guterres, the UN secretary general, said that shipping and airlines have failed to cut their greenhouse gas emissions.

IMO-UNEP-Norway Zero-and Low-Emission Innovation Forum highlighted challenges and opportunities for decarbonization, financing, building on innovation and best practices.

TECO 2030 signed an agreement with Chemgas Shipping for the delivery of fuel cell modules to the Dutch shipowner's new hydrogen-powered tugboats and transport barges.

A study commissioned by trade association Interferry has revealed startling statistics on the far-reaching extent of the global ferry industry’s value to the world economy. Research into the latest pre-Covid full-year figures found that, in 2019, ferries carried 4.27 billion passengers – on a par with aviation – and 373 million vehicles across a worldwide fleet of 15,400 vessels. Among other findings, the industry provided 1.1 million jobs, contributed $60 billion to the world GDP and represented approximately 20% of shipping’s economic value to the European Union. The study was carried out by UK-based consultancy Oxford Economics, a world leader in economic impact assessment. It quantified three core channels through which the ferry industry drives economic activity and employment – direct support generated by the industry, indirect support generated within its supply chain, and induced support from ferry and supply-side personnel spending their pay on goods and services. Data was collected from a range of third-party sources and among Interferry’s membership of 260 operators and suppliers in 40 countries. Interferry CEO Mike Corrigan comments: ‘We already knew that the ferry segment punches well above its weight – it comprises only 3-5% of the total shipping industry – but the scale ...

The Maritime Skills Commission (MSC) has marked progress on developing green skills to drive the transition to net zero.

SEA-LNG warns that barring fuels for industry decarbonisation strategy will hamper drive towards net-zero.

MAN Energy Solutions has signed a cooperation agreement with DP World to target common progress in the field of decarbonisation. The cooperation is scheduled to run for five years with an option to extend thereafter.