Cargill, Maersk Tankers and Mitsui & Co. announced the establishment of a collaboration to advance the reduction of global greenhouse gases (GHGs) in shipping. The companies will work towards lowering maritime GHG emissions by fully exploiting existing fuel-saving technologies and exploring new technical solutions.
BIMCO submitted a proposal to the IMO that aims to help curb emissions by regulating ships’ power, rather than focusing on raw speed limits, and presents a way to cut emissions based on the average performance of each ship type trading at target operational speeds for the past three years.
Krishna Achuthanandam, Business Development Manager DLNG, Shell, talks about LNG, during a DNV GL webinar, explaining what LNG can offer, and why it is a viable solution for shipping to achieve decarbonization. Mr. Achuthanandam mentioned that regarding the environmental benefits LNG is the only scalable, low-carbon fuel available today, that helps us head towards carbon neutrality in shipping.
Samsung Heavy Industries (SHI) and Bloom Energy, a manufacturer of solid oxide fuel cells, announced their partnership on designing and developing a vessel that could be the first large merchant vessel powered by fuel cells that run on natural gas.
The government’s climate advisers commented on Tuesday, September 24, that the aviation and shipping sectors should properly included in Britain’s target to limit its greenhouse gas emissions to net zero by 2050, according to Reuters.
The UN Climate Action Summit which took place in New York City on the September 23, enabled worldwide leaders to present their proposals and solutions for the ongoing battle against climate change, whereas IMO’s Sec-Gen focused on the progress made in tackling climate change.
The World Shipping Council (WSC) announced its plans to propose to IMO the launch of an international research and development entity that would identify a new generation of marine fuels, in attempts to solve the GHG emissions issue.
BIMCO’s newly elected president, Turkish shipowner Sadan Kaptanoglu, aims to gather as many as possible shipowners to find a way to protect the environment, discussing the 2020 sulphur cap, the 2050 targets on reducing the GHG emissions and plastic debris.
SEA\LNG published the results of a new alternative fuels study, finding that LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry. The study was conducted by DNV GL. The study concluded that while there are several lower or zero carbon alternative fuels that could assist in complying with IMO 2030 and 2050 GHG reduction targets.
During the London International Shipping Week, IMO’s Secretary-General, Kitack Lim, highlighted the need make zero-emission ships more commercially attractive, adding that the 2050 GHG goals can not be achieved by only using fossil fuels.
