The Zero Emission Maritime Buyers Alliance (ZEMBA), a coalition of freight buyers driving demand for zero-emission shipping, has launched its second tender focused on pioneering the commercial deployment of e-fuels…
HIF Global, the world’s leading e-Fuels company, has announced a significant investment from Mitsui O.S.K. Lines (MOL) to finance the expansion of HIF Global’s e-Fuels projects in the USA, Australia,…
Ørsted today announced the official opening of a new office in downtown Houston. This new space will expand Ørsted’s presence in Texas, where it owns and operates eight clean energy projects collectively producing 2.4 GW of electricity, with an additional 1.2 GW of solar projects under construction. Many of the new office’s approximately 30 full-time employees will support Ørsted’s growing Power-to-X (P2X) business, which will be concentrated along the Gulf Coast of Texas.
Greenhouse gas emissions from shipping make up roughly 2.5% of the world’s total, making the ocean freight sector a heavy contributor to the looming environmental crisis. And, unless something is done, as international trade grows this number is only likely to rise.
With numerous countries around the world bringing in carbon border taxes and other taxes on pollutants, this is becoming a financial issue as well as a social one.
The European Parliament will discuss FuelEU Maritime, the cornerstone of planned EU green shipping legislation, during its upcoming plenary session in Strasbourg. This may be the last opportunity for legislators to include crucial clauses that can encourage the adoption of next-generation e-fuels and end the use of fossil fuels in shipping because the EU Member States already adopted their negotiation stance earlier in the year.
Ferry operators Stena Line and DFDS and energy companies Ørsted and Liquid Wind have partnered up with the Swedish Port of Gothenburg to establish an electromethanol (e-fuels) hub.
In the struggle to achieve climate neutrality by 2050, experts say all technological options must be exploited.
Competition between all existing technologies in road traffic is severely distorted by different policy measures.
According to an article published in e-fuel Alliance, In a joint letter, 223 associations, companies, and scientists call on the EU Commission to include a voluntary crediting system for sustainable renewable fuels in the CO2 emission standards regulation for new vehicles.
Alternative ship fuels and fuel technologies are already available and new ones are emerging. These create pathways for newbuilds to comply with the International Maritime Organization’s long-term greenhouse gas (GHG) emissions reduction ambitions while staying competitive. Shipowners require evidence to choose between pathways, reports DNV.
The Zero-Emission Vessel project
To support such decision-making, DNV has been collaborating in a joint industry project (JIP) evaluating fuel technology...
According to an article written by DNV GL’s Principal Consultant, Tore Longva, DNV GL’s new Maritime Forecast to 2050 aims to assist shipowners in choosing the right fuel and technology options for next-generation ships.
Decarbonization Pathway
It sets out three decarbonization pathways for shipping and explores detailed energy mix and fleet composition scenarios, based on different energy prices, demand growth and regulatory options.
The destination for decarbonization is already set as the...