by Vera Eckert (Reuters) German energy exchange EEX on Monday launched a zero carbon freight index (ZCFI) which combines the bourse’s dry freight and emission permits prices to show operators…
Environment
Shell signs up for Norwegian blue hydrogen project
Shell has signed up for a project looking to develop a large-scale production facility for blue hydrogen in Aukra, Norway, using natural gas from the local gas processing plant at Nyhamna. The Anglo-Dutch supermajor has signed a memorandum of understanding with project developers Aker Clean...
https://splash247.com/shell-signs-up-for-norwegian-blue-hydrogen-as-marine-fuel-project/
Viewpoint: Q&A on freight industry watchlist for climate and environmental policy
The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves.
By Jake Medwell and Loren Smith
JAKE MEDWELL: The chatter from DC this year has included a lot of talk about climate policy, energy and the environment. How much actual impact...
Zero by 2050: Is the technology there yet?
If you didn’t get the message that shipping needs to decarbonize, welcome back from your vacation on Mars. The International Maritime Organization has set what the International Chamber of Shipping describes as an “ambitious” goal of reducing total GHG reductions from shipping by 50% by 2050. In terms of the difficulty of achieving it, the goal is, indeed, ambitious. In terms of having a meaningful impact on slowing global warming, it is seen by many as “modest.”
Influential NGO Transportation &...
https://www.marinelog.com/shipping/environment/zero-by-2050-is-the-technology-there-yet/
Stena Line aim to reduce emissions by 5 % using AI
Stena Line aim to reduce emissions by 5 % using AI
During the last month the AI assistant Stena Fuel Pilot has been successfully introduced on two more Stena Line vessels, Stena Flavia and Mecklenburg-Vorpommern. In total, 7 Stena Line vessels now operate with AI assistance, with the aim to reduce fuel consumption and CO2 emissions by 5 %.
The Stena Fuel Pilot started as a pilot study on Stena Scandinavica on the Gothenburg-Kiel route back in 2018...
https://allaboutshipping.co.uk/2021/07/09/stena-line-aim-to-reduce-emissions-by-5-using-ai/
First carbon-neutral freight offering from a pool operator completed
US tanker operator Penfield Marine, with help from Macquarie, claims to have completed its first carbon-neutral voyage via offsets to cover the carbon footprint of an entire voyage, including emissions associated with the vessel’s ballast leg, positioning the vessel to perform the voyage, the laden...
https://splash247.com/first-carbon-neutral-freight-offering-from-a-pool-operator-completed/
“Going Green”, the 2020 World Maritime Theme
By the International Maritime Organization
“New technologies for greener shipping” has been chosen as the World Maritime theme for 2022, reflecting the need to support a green transition of the maritime sector into a sustainable future, while leaving no one behind.
The IMO Council, meeting for its 125th session (28 June-2 July), endorsed the theme following a proposal by...
https://www.shippingaustralia.com.au/going-green-the-2020-world-maritime-theme/
Careful carrier selection provides pathway for shippers to reduce carbon footprint
The conversation surrounding climate change has intensified in recent years, and everyone from corporations to consumers has taken notice. Once considered something of a niche interest, sustainability has gone mainstream. This is great news for the health of the planet, but it does mean shippers and carriers alike will need to be more cognizant of their carbon footprints and take actions to reduce them.
The U.S. is among the largest carbon emitters in the world, and transportation is the No. 1...
Abu Dhabi Exploring Large-Scale Green Hydrogen to Ammonia Project
Abu Dhabi has initiated discussions on the development of an industrial-scale green hydrogen to ammonia export project. Partners in the project and Abu Dhabi National Energy Company PJSC (TAQA) and…
BDA launches new webinar series
BDA launches new webinar series
The Bermuda Business Development Agency (BDA) is proud to announce the launch of The Bermuda Angle Webinar Series. The new series will provide Bermuda-focused webinar content touching on a wide variety of topics including:
- Climate Risk Finance
- Economic Investment Certificate (EIC) and Work From Bermuda (One Year Residential Certificate)
- Environmental, Social and Governance (ESG) initiatives
The first episode of the series, “The Bermuda Story: Our Unique...
https://allaboutshipping.co.uk/2021/07/08/bda-launches-new-webinar-series/