Tag: GHG

Mitsui O.S.K. Lines, announced its intent to invest in Carnot Ltd., a startup company that develops technology for highly efficient engines using heat-resistant materials. This project has been led by MOL (Europe Africa) LTD.

The Methane Abatement in Maritime Innovation Initiative (MAMII) sounded the alarm on the critical need for universal methane measurement standards and regulatory frameworks to expedite the adoption of technologies aimed at reducing methane emissions from ships.

The FuelEU Maritime Regulation , which was adopted by the European Commission in December 2023, sets the maximum limits for the yearly average greenhouse gas (GHG) intensity of the energy used by ships above 5,000 gross tonnage calling at European ports, regardless of their flag.

United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of major liquefied biomethane (LBM) bunkering operations in the Port of Zeebrugge.

Mitsui O.S.K. Lines, Ltd announced that as part of the MOL Group's environmental strategy, its group company MOL Chemical Tankers Pte. Ltd. signed Japan's first sustainability-linked lease agreement with Tokyo Century Corporation for the chemical tanker BONITA ANA.

Amogy and Mitsubishi Shipbuilding Co., Ltd. (MSB), a part of Mitsubishi Heavy Industries (MHI) Group, have completed the feasibility study of collaboration concept designs of onboard hydrogen production and utilization with Amogy's ammonia-cracking technology and Mitsubishi Ammonia Supply and Safety System (MAmmoSS®).

Less than two years ago, Maersk started construction works for its first low greenhouse gas emission warehouse in Denmark, located in Taulov Dry Port in Fredericia. On 24th June 2024, the facility was officially launched.

During the 2024 GREEN4SEA Singapore Forum, Capt. Satinder Virdi, Principal Consultant, Head of Research and Development, Maritime Advisory, DNV Singapore Pte. Ltd., discussed the role of technical and operational measures in enhancing greenhouse gas (GHG) emissions management and emphasized the complexities involved in selecting the appropriate fuel, which depend on factors such as trade routes, fuel availability, vessel type, and stakeholder roles.

The International Maritime Organization (IMO) has outlined its latest progress and plans to decarbonize global shipping by or around 2050, in a submission to the Bonn Climate Conference. 

According to the latest ABS research, geopolitical instability, scalability of fuel production and retrofits to existing vessels are key factors impacting the shipping industry’s journey to net zero by 2050.