Decrbonization

Freeport East has welcomed significant investment in an international green hydrogen project to drive decarbonization in the maritime sector. The Hydrogen Zero Emission Maritime (HyZEM) project will receive £1.44 million from Innovate UK and a similar sum from Australia’s Department of Climate Change, Energy, the Environment and Water.

HyZEM focuses on developing low-carbon green hydrogen technology for high-powered workboats. The partnership was facilitated by Freeport...

https://mfame.guru/international-green-hydrogen-project-welcomes-immense-funding/

Amid rising sea levels, intensifying weather events, and the stark realities of climate change, the maritime community finds itself at a crossroads. As the backbone of global trade, shipping plays a significant role in the climate emergency, contributing approximately 3% of total greenhouse gas emissions globally. The importance of decarbonizing the maritime industry cannot be overstated. But amidst the calls for change and regulation, there’s a crucial element often overlooked – the...

https://mfame.guru/seafarers-pioneers-in-maritime-decarbonization/

PSA Singapore (PSA) and Pacific International Lines (PIL) have completed their first experiment of low-carbon green cargo to create a sustainable supply chain ecosystem.

This pilot study is part of a Memorandum of Understanding (MoU) inked in October 2023 by the two long-term partners to work together on green and sustainable supply chain decarbonization solutions.

The experiment involves warehouse-to-warehouse goods movement from Singapore to Chongqing via the International...

https://mfame.guru/psa-and-pil-complete-first-experiment-of-low-carbon-green-cargo/

• ABS and the U.S. Department of Energy (DOE) have signed a memorandum of understanding (MOU) to collaborate on clean energy development and the decarbonization of maritime operations.
• The partnership leverages the combined expertise of the DOE’s Office of Energy Efficiency and Renewable Energy (EERE) and ABS to promote emission reduction initiatives within the maritime industry.
• According to ABS Chairman and CEO Christopher J. Wiernicki, the agreement harnesses the complementary capabilities...

https://mfame.guru/abs-and-doe-join-forces-for-clean-energy-and-maritime-decarbonization-initiatives/

• As the European Commission plans to revise climate targets, a proposal outlines a 90% greenhouse gas emissions reduction target for shipping by 2040, aligning with IMO goals.
• The European Community Shipowners’ Associations (ECSA) expresses support and emphasizes the importance of giving shipping priority access to low- and zero-emissions fuels.

The European Commission has unveiled a proposal for an enhanced greenhouse gas (GHG) emissions reduction target of 90% by 2040, aligning with...

https://mfame.guru/eu-proposes-ambitious-climate-targets-for-shipping-prioritizing-low-carbon-fuels/

• Ports of Stockholm, Port of Turku, and Viking Line have forged a partnership to establish a green shipping corridor between Turku and Stockholm.
• The corridor aims to be fossil fuel-free by 2035 at the latest.
• A memorandum of understanding (MoU) was signed on February 6th, committing to establish a green shipping corridor by 2035, to eliminate fossil-fuel greenhouse gas emissions.
• Erik Söderholm, CEO of the Port of Turku, underscores the environmental focus of their operations, given their...

https://mfame.guru/green-shipping-corridor-partnership-signed/

• China, as the world’s foremost shipbuilder, plays a pivotal role in facilitating the global shift towards zero-emission vessels (ZEVs).
• There is a consensus that ZEVs need to commence operating on deep-sea routes by 2030 to effectively contribute to keeping global warming well below the critical 2°C threshold.
• This paper seeks to quantify the additional cost of constructing ZEVs compared to conventional ships, addressing a critical knowledge gap in the industry.
• The study evaluates how carbon...

https://mfame.guru/exploring-financing-for-zero-emission-vessel-shipbuilding-in-china/

• Europe voted into law the world’s largest green fuel mandates for planes and ships in 2023, known as ReFuelU Aviation and FuelEU Maritime.
• Scaling up alternative fuels for ships and planes, especially biofuels, is challenging due to limited supply and competition with agricultural land.
• The global shipping industry is promoting fossil gas as a cleaner alternative, raising concerns about its short-term climate impact.
• Other sectors, such as cars and trucks, present challenges to the green...

https://mfame.guru/europe-secures-a-major-win-for-planes-and-ships/

• The fully electric ferry boasts an exceptional overall length of 130 meters, making it the largest vessel of its kind
• On-board battery modules and energy storage systems are highlighted as being four times larger than those on any other electric or hybrid ship currently in operation.
• The ferry is set to operate between Argentina and Uruguay, offering efficient and eco-friendly transportation services for up to 2,100 passengers and 225 vehicles..

The onboard...

https://mfame.guru/revolutionizing-maritime-travel-zinus-powers-largest-zero-emissions-ro-pax-ferry/