The Green Fuel That Can Revolutionize The Shipping Industry

  • A consortium of companies were recently granted EU funding to install the world’s first ammonia-powered fuel cell on a vessel in 2023.
  • It was found that 43% of current voyages between China and the United States could be made using hydrogen without the need for cargo space or to stop more times to refuel.
  • Toshiba’s test plant produces hydrogen through electrolysis, rather than using fossil fuels – a process used to make just 0.1% of hydrogen. 
  • Ships currently emit 3% of all greenhouse gases,...

https://mfame.guru/the-green-fuel-that-can-revolutionize-the-shipping-industry/

Antwerp Shipowner Claims Net-Zero Carbon Emissions

On the occasion of its 125th tear anniversary on 24 January, Antwerp-based shipping company Compagnie Maritime Belge (CMB) announced it has offset all its CO2 emissions in order to have net zero CO2 emissions as from 2020, reports the Maritime Executive.

Net-Zero operation

To achieve net-zero operation, the company has supported certified climate projects in developing countries and acquired voluntary carbon units in Zambia (carbon-reducing agricultural and forest management practices), Guatemala...

http://mfame.guru/antwerp-shipowner-claims-net-zero-carbon-emissions/

CMB aims for carbon neutrality this year

Belgian shipping company CMB has pledged to achieve net zero carbon status in the course of the current year.

The Antwerp-based group, which is celebrating the 125th anniversary of its foundation this year, is relying heavily on offsets to achieve its goal.

It says it is supporting certified climate projects in developing countries and has acquired so-called voluntary carbon units in such countries as Zambia, Guatemala and India.

But the group, which says that its 2020 net zero CO2 target is part...

https://container-news.com/cmb-aims-for-carbon-neutrality-this-year/