Tag: decarbonization

DNV GL today published its latest Energy Transition Outlook. According to the new Outlook, natural gas projects will receive a significant investment, while the global energy demand will peak in 2035. The increased electrification of energy demand, along with wind and solar energy, will grow the world’s electricity transmission and distribution systems. In addition, DNV GL also published the Maritime Forecast to 2050, which examines the challenges of decarbonizing the shipping industry. 

Following the inauguration of the global 'CO2 Challenge' in June 2018, the partners now announced the second stage of the project on the sidelines of the SMM trade fair in Hamburg, with the first in-person meetings with start-ups that will provide innovative technologies.

Marking a landmark for shipping electrification, the all electric passenger vessel 'Future of The Fjords', owned by Norwegian company The Fjords, has won the Ship of the Year 2018 award at SMM, the maritime trade fair currently underway in Hamburg. 

In an exclusive interview with SAFETY4SEA, Mr. Gavin Allwright, Secretary of the International Windship Association (IWSA), mentions that industry has realized wind propulsion is a realistic choice for a more sustainable future and refers to the existing wind assisted marine projects. Although the viability of these installations is starting to be proved, there are still barriers for the industry to overcome with perception being on top of these

Although it is hard to predict what next years will bring for shipping, discussions at this year’s IMO’s MEPC brought in the spotlight a unified effort towards a more sustainable industry. IMO MEPC 72, which took place during the first week of April 2018, agreed on a target to cut shipping’s overall CO2 by adopting an ‘initial strategy’ as a first step. 

In this video, James Mitchell, Manager at Rocky Mountain Institute discusses the climate transition risks that shipping financiers face as countries begin to implement the Paris Agreement. He also discusses how decarbonization poses a significant opportunity for financiers who understand it and mitigate for it early.

In this video, James Mitchell, Manager at Rocky Mountain Institute and Dr. Nishatabbas Rehmatulla from UCL Energy Institute discuss why shipping must proceed to decarbonization, in order to match the level of ambition outlined in the Paris Agreement.

Nor Shipping, taking place in Oslo from 4 to 7 June 2019, will focus on green and sustainable shipping. Namely, Nor Shipping will devote an entire hall on Blue Economy, while it announced more initiatives to promote sustainability and new talent in the maritime industry.

The work group for the Rotterdam-Moerdijk Industrial Cluster has published a report with concrete proposals that will allow the regional sector to contribute to the achievement of the climate goals. Technically speaking, these proposals could be implemented today, the Port said in a statement. 

US-based trade giant Cargill announced the launch of 'CO2 Challenge' which aims to find and scale new technologies capable of reducing a ship’s gross CO2 emissions by 10%. The initiative, focused on decarbonizing the shipping sector, is being launched in partnership with DNV GL.