Tag: GHG

BIMCO has established a dedicated subcommittee to examine the implications of the FuelEU Maritime Regulation, a key component of the EU's Fit for 55 legislative package.

NYK and Hitachi Zosen Corporation, have put forward a shared proposal for the creation of an N2O reactor intended for a ship fueled by ammonia.

Berge Bulk, placed an order for two ammonia dual fuel vessels from Qingdao Beihai Shipbuilding Heavy Industry.

Yara and ACME signed a firm and binding agreement for supply of ammonia with reduced CO2 emissions from Acme to Yara on a long-term basis.

Bureau Veritas (BV) has unveiled the results of new modelling research which confirmed the potential hefty cumulative impact of operational and technical efficiency measures in keeping shipping within its “carbon budget” to 2050.

Transport & Environment (T&E) assesses how much energy efficiency needs to be improved and how much green fuel uptake should happen by 2030, 2040 and 2050 for the IMO to meet its climate targets.

Diana Shipping announced that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each.

According to World Shipping Council, International Maritime Organisation, has set a target of net-zero carbon emissions by 2050 for the industry, and now needs to develop climate regulations by 2025 that make it possible to reach that target.

A capesize bulk carrier, fueled by LNG and commissioned by NYK, has been delivered. The vessel is set to transport iron ore and coal from Australia to Japan, operating under a long-term consecutive voyage charter agreement with JFE Steel Corporation (JFE).

In a recent open letter to the Arctic Council, Bellona and the Alliance requested that a concrete zero-emissions policy be established for Arctic shipping, and that all Arctic nations implement the IMO resolution that urges the use of distillate or cleaner alternative fuels in or near the Arctic on a voluntary basis.