videos

How to set Science Based Targets for reducing footprint

An estimated total of 505 companies have set their Science Based Targets, under the global ‘Science Based Targets initiative’, launched in 2017 by the United Nations Global Compact, CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and one of the We Mean Business Coalition commitments.

2020: An insurer’s perspective

While talking at the first SAFETY4SEA Conference in Hamburg, Mr. Alvin Forster, Deputy Director (Loss Prevention) at North P&I Club, analyzed implications of 2020 sulphur cap regulation from the marine insurance perspective, sharing feedback from specific cases on the challenges being faced through certain compliance methods.

CMA CGM to use LNG and scrubbers for 2020 compliance

Ahead of the 2020 sulphur cap, CMA CGM announced the measures it will take in order to comply. Namely, the company will use both LNG and scrubbers as ways of compliance. This would be a significant additional cost, which will be taken into account through adjustment of fuel surcharges on a trade-by-trade basis.

ExxonMobil announces GHG reduction measures

American energy major ExxonMobil announced greenhouse gas reduction measures, including a 15% decrease in methane emissions and a 25% reduction in flaring. The company also revealed its intention to improve energy efficiency in refining and chemical manufacturing facilities.

2020 Global 0.5% sulphur cap challenges

Mr. Kyriacos Gregoriou, Marine Surveyor, DMS Cyprus, highlighted hot debated issues concerning the 2020 Global 0.5% sulphur cap challenge. He began his presentation with an overview of the SOx regulations examining later what the global limit actually means for ships and how these can meet low Sulphur emissions standards.

Spain urged to create Emission Control Areas in Mediterranean

NABU and Ecologistas en Acción found levels of contamination up to 70 times greater in the the Strait of Gibraltar and Barcelona, than the pollution on cities. Under this light, Ecologistas en Acción called the Spanish government to join France in the creation of Sulfur Emission Control Areas that limits the entry of highly polluting vessels in the Mediterranean.

BP commits to a low carbon future

BP published a new report, called “Advancing the Energy Transition”. The report describes BP’s commitment to a low carbon future and the actions that it will take to keep up with increasing energy demand, while at the same time working to reduce greenhouse gas emissions. The report sets out targets for reducing GHG emissions from BP’s operations.

Cleaner fuels for ships beneficial for public health

A new study assessed public health and climate impacts of low-sulphur fuels in global shipping, revealing that clean fuels will significantly reduce ship-related premature mortality and morbidity, but they will still account for 250k deaths annually. Additional stringent regulations beyond 2020 standards may prove beneficial.

What role natural gas can play in the future of global energy

IEA released its World Energy Outlook 2017, on 14 November, which includes a detailed focus on natural gas. It also addresses matters regarding the environmental case for gas and the issue of methane emissions from oil and gas operations.

Shipping industry acts on decarbonization at COP23

An international shipping industry group gathered in Bonn to create a draft Action Plan that maps out how shipping can contribute to GHG reductions and decarbonization in order to comply with the high ambition climate change target of limiting global temperatures to 1.5oC.

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