ISSUE 90 I March 2024 I SAFETY4SEA Log I 33 safety4sea.com Claims Experience Vs Risk Change Perception From a risk perspective, it's evident that the emergence of newer technologies and the adoption of alternative fuels may lead to significant potential claims, both in terms of quantity and impact. The primary areas of concern regarding potential claims and the shifting risk perception are outlined below: • Crew illness/injury/death: Probable increase with new technologies? • Cargo loss/damage: Probable increase with new technologies with increased fire hazards? • Environment - pollution and wreck: Possibly some change in pollution, also probable increase in the wreck removals associated with electrical/methanol fire etc. • Navigation: No perceived change in risk however loss of power leading to collisions/groundings could be significant in the initial periods of implementation. • Passenger: No perceived change in risk In conclusion, it is evident that addressing the diverse spectrum of challenges in the shipping industry requires a collaborative effort among all stakeholders. The Maritime and Port Authority (MPA) of Singapore has initiated various expressions of interest (EOI) to this end. Additionally, administrations like Singapore are actively engaging with stakeholders and service providers to provide support and ensure the industry's sustainability. Decarbonization transcends the responsibility of any single stakeholder; rather, it is a collective challenge that concerns every inhabitant of our planet. Explore more at http://tinyurl.com/5bcppv57 OPINION Decarbonisation is not any single stakeholder’s problem – it is a collective problem of every person living on the planet. about 80% more global warning effects than normal carbon dioxide, creating extra barrier to LNG. Methanol is another option and whilst it has its own challenges, the methane slip problem is eradicated. Hydrogen powered cells are also an upcoming technology. This is still in the testing stages but again because of its properties may be only suitable for smaller ships on short voyages. Electrification is viewed as another clean solution but there are also other issues to consider such as batteries design and surrounding fire hazards, storage and the most important factor is that the electricity must be derived from renewable energy. We cannot burn trees and other natural resources to generate electricity to power our boats - it simply defeats the purpose. We also have different new evolving sources of renewable energy derived from the likes of wind and waves. They are all in different stages of evolution. Nuclear technology is another potential solution where, if controlled, it can probably be rolled out very measuredly. Ammonia has also its own bag of challenges involving toxicity problems and health and safety concerns.
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