Following months of debates across the industry, the European Parliament voted to include CO2 emissions from the maritime sector in the EU Emissions Trading System, eyeing a 40% reduction in CO2 by 2030.
The International Maritime Organization (IMO) and the Maritime and Port Authority Singapore (MPA) jointly introduced “NextGEN”, a concept for a collaborative global ecosystem of maritime decarbonization initiatives.
In maritime shipping, biofuels, ammonia and hydrogen meet more than 80% of fuel needs in 2070, using around 13% of the world’s hydrogen production, while energy efficiency also makes a significant contribution, according to latest IEA analysis.
Swiss trade major, Cargill along with ZeroNorth entered a strategic agreement so as to develop new digital solutions for shipping decarbonization.
In 2019, Carnival Corporation made further progress on its 2020 carbon reduction goal and committed to a new goal of 40% reduction in the intensity of CO2 emissions by 2030, in line with IMO requirements and the Paris Agreement, the company said in its newly launched sustainability report.
Getting to Zero Coalition announced plans for a new mapping of zero emission pilots and demonstration projects, revealing the scale and breadth of projects already underway in the maritime sector’s path to decarbonization.
Multidisciplinary Digital Publishing Institute (MDPI) recently published a report focusing on the environmental benefits of fully battery powered ships when compared to marine diesel vessels.
Maersk Drilling has entered an agreement to invest USD 1 million in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy, aiming to pave the way for carbon-neutral drilling.
LNG major Shell recently inked a deal to supply carbon-neutral liquiefied natural gas cargoes to CNOOC Gas & Power Group, a unit of China National Offshore Oil Corporation.
It is important that the shipping industry implements short-term efficiency gains to reduce carbon emissions while also embrace more radical long-term sustainability challenges to overcome the regulatory framework, Captain Rajesh Unni, CEO, and Founder of Synergy Group stated.
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