Decarbonizing Shipping

Wärtsilä 32 Methanol Engine: A Familiar Four-Stroke Takes On Future Fuel

Credits: Tim Mossholder/ Unsplash
  • The well-proven four-stroke engine platform, introduced in the 1980s, is reimagined as a flexible-fuel prime mover with the ability to burn green methanol.
  • Wärtsilä has also developed retrofit solutions that will allow those engines to burn methanol, leveraging its past experience with Stena Germanica. 
  • Global production of methanol stands at about 100M tonnes, of which about one-third is traded globally.

Over the next few years, shipowners will have a widening...

https://mfame.guru/wartsila-32-methanol-engine-a-familiar-four-stroke-takes-on-future-fuel/

Drewry urges shippers to start planning for decarbonisation in shipping, warns of up to $14 billion in extra costs

Pictured: a conceptual representation of green shipping. Photo credit: Fredrick Filix via Unsplash (Shipping Australia edit).

By Drewry Supply Chain Advisors

The imperative to decarbonise the global shipping industry is clear and present, however, many of the world’s largest importers and exporters are insufficiently informed about the full implications of the forthcoming new emissions regulations and the billions of dollars that will be added to freight costs in the future.

Pressure to...

https://www.shippingaustralia.com.au/drewry-urges-shippers-to-start-planning-for-decarbonisation-in-shipping-warns-of-up-to-14-billion-in-extra-costs/

Cargo owners for zero emission vessels unites 19 global brands for 2040 zero-carbon ocean shipping ambition

Pictured: bubbles of carbon dioxide. Photo credit: Jan Canty via Unsplash.

Cargo Owners for Zero Emission Vessels (coZEV) has announced the addition of Beiersdorf, Dupont, Electrolux, ETTLI Kaffee, Moose Toys, Ohana Beverage Company, Philips, REI Co-op, Sisley, and Target to its 2040 Ambition Statement, the first-of-its-kind call to action from cargo owners to progressively switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040.

These multinational companies join...

https://www.shippingaustralia.com.au/cargo-owners-for-zero-emission-vessels-unites-19-global-brands-for-2040-zero-carbon-ocean-shipping-ambition/

“K” Line announces completion of a 2nd successful biofuel trial

Photo credit: Solen Feyissa via Unsplash

A second successful biofuel trial has been completed by Japanese shipping major, Kawasaki Kisen Kaisha (“K” Line), and a third is planned.

“K” Line conducted its most recent trial using Goodfuels biofuel on the supramax bulker, Albion Bay, with the cooperation of the JFE Steel Corporation.

The ship completed loading with hot rolled steel coils at the JFE Steel Corporation West Japan Works on 24 July 2022 and navigated to a a discharge port in Pakistan via...

https://www.shippingaustralia.com.au/k-line-announces-completion-of-a-2nd-successful-biofuel-trial/

IMO greenhouse gas working group finalizes carbon intensity measures guidance

Pictured: bubbles of carbon dioxide. Photo credit: Jan Canty via Unsplash.

By the International Maritime Organization

The IMO GHG Working Group has finalized guidelines to support implementation of carbon intensity measures and has agreed to further develop a “basket of candidate mid-term measures” including technical and carbon-pricing elements

Draft guidelines to support implementation of ship carbon intensity measures coming into effect in 2023 have been finalized by an International Maritime...

https://www.shippingaustralia.com.au/imo-greenhouse-gas-working-group-finalizes-carbon-intensity-measures-guidance/

“K” LINE Awarded CDP’ s “A List 2020” on Climate Change

“K” Line, in its recent press release, announced that the company was recognized as ”A List 2020”, the top rating, on climate change from CDP, which is a non-profit global organization (NGO) engaging in activities for realizing sustainable economy, on December 8.

The ”A List” is awarded to companies that are evaluated as global leaders in their response to climate change.

What is “A List” 

Among the companies that disclosed their climate change information in response to a
questionnaire sent from...

https://mfame.guru/k-line-awarded-cdp-s-a-list-2020-on-climate-change/

Daewoo and Port of Rotterdam Join Hands on Smart Port Initiative

  • DSME and Rotterdam sign three-year research deal on smart ships and ports.
  • The two parties agree to jointly develop smart ship and port communication standards.
  • They will also work towards the goal of a digitalised and decarbonised shipping industry.

DSME and Port of Rotterdam are planning to work on technologies that enable smart ships to interface with smart ports, reports Lloyd’s List.

Strategic cooperation agreement 

DSME signed “an exclusive and strategic framework cooperation agreement”...

https://mfame.guru/daewoo-and-port-of-rotterdam-join-hands-on-smart-port-initiative/

Five Solutions Identified To Speed Up Shipping Decarbonisation

Shell together with Deloitte released a report that reveals the need for urgent effort by industry to reduce carbon emissions, says a press release published on their website.

About the report

Shell together with Deloitte Netherlands and Deloitte UK today published joint research outlining industry perspectives on decarbonising the shipping sector. 

The “Decarbonising Shipping: All Hands on Deck” report sets out the views of 80 senior shipping executives from across the sector and presents a...

https://mfame.guru/five-solutions-identified-to-speed-up-shipping-decarbonisation/

Equinor Sets Ambitions To Help Decarbonise Shipping

Equinor in light of UN’s World Ocean Day publishes maritime climate ambitions, says an article published in it’s website.

Equinor’s ambitions

Equinor announced its ambitions for reducing its own emissions from ships and also explained how the company will contribute to the industry’s decarbonization.

Climate roadmap

Equinor’s climate actions launched in February 2020 are included in its climate roadmap. 

What is the climate roadmap?

The climate roadmap aims to ensure a competitive and resilient...

https://mfame.guru/equinor-sets-ambitions-to-help-decarbonise-shipping/

DNV GL Focuses on Flexibility in Its 2050 Decarbonization Forecast

DNV GL – Maritime has forecasted the future of shipping industry and advised on being flexible to have a better outcome in its newly released the third edition of the Maritime Forecast to 2050 at London International Shipping Week 2019 (LISW), says a press release published on their website.

What’s in it?

The Maritime Forecast examines the future of the shipping industry in a rapidly changing global energy landscape. This year’s report focusses on the challenge of reducing the carbon intensity of...

http://mfame.guru/dnv-gl-focuses-on-flexibility-in-its-2050-decarbonization-forecast/