GHG emissions

[FAQs] How To Reduce Bunker Speed of Your Ship?

Credit: Shaah Shahidh/Unsplash

Anyone working in shipping will attest that bunker/fuel is one of the major expenses for any shipping company.

Here’s an article published in Maritime Logistics Professional briefing on critical points for shipowners and charterers to become more profitable.

Here’s an excerpt from that.

Bunker Fuel Cost

The cost of bunker fuel is an easy place to start. Fuel accounts for a massive 60% – 80% of the cost of a voyage. 

Below are the ways an owner can reduce these costs:

Slow...

https://mfame.guru/faqs-how-to-reduce-bunker-speed-of-your-ship/

IMO: We need all hands on deck for just and inclusive transition to low-carbon shipping

Decarbonizing international shipping is a priority issue for the International Maritime Organization (IMO) and we need all hands on deck to support the maritime sector’s energy transition, IMO’s Secretary General Kitack Lim emphasized at the Second IMO Symposium on low- and zero-carbon fuels for...

https://www.offshore-energy.biz/imo-we-need-all-hands-on-deck-for-just-and-inclusive-transition-to-low-carbon-shipping/

Can Hydrogen Fuel Be The Best Choice For Shipping?

A recent news article published in the Hydrogen Central states that Hydrogen is fuel solution for shipping, says expert.

Wider use of hydrogen as a fuel

A leading expert with extensive experience in the operation and engineering of ships, has called for wider use of hydrogen as a fuel that will ultimately help the maritime industry meet its emissions reduction target by 2050.

Speaking at the Cyprus Shipping Chamber’s “World Maritime Day” event celebrated on September 29, Antonis Trakakis,...

https://mfame.guru/can-hydrogen-fuel-be-the-best-choice-for-shipping/

MOL Establishes EcoMOL Inc. In The Philippines Sailing Towards De-Carbonized Future

MOL Establishes EcoMOL Inc.

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Takeshi Hashimoto) today announced the establishment of a wholly owned subsidiary called EcoMOL Inc. (EcoMOL; Representative: Keiichiro Yokohashi; Headquarters: Manila, Philippines), which tackles immediate GHG emission reduction by ships’ operational efficiency through digital solutions.

MOL has set a target to improve 5 % fuel-efficiency by end of 2024, it is in line with “MOL Group Environmental Vision 2.1(note1)”. In the short term plan,...

https://www.marineinsight.com/shipping-news/mol-establishes-ecomol-inc-in-the-philippines-sailing-towards-de-carbonized-future/

US Navy On Path To Achieve Net-Zero GHG Emissions By 2050

us navy

The U.S. Navy and Marine Corps announced the release of its climate strategy, Climate Action 2030, setting the Department of the Navy (DON) on a path to achieve the Nation’s commitment to net-zero greenhouse gas emissions by 2050, while becoming a more capable, agile, and lethal fighting force. The strategy directs follow-on implementation efforts for U.S. Navy and Marine Corps counterparts to identify initiatives to be a modern, lethal, agile force that can fight and win anywhere in the world.

“...

https://www.marineinsight.com/shipping-news/us-navy-on-path-to-achieve-net-zero-ghg-emissions-by-2050/

ClassNK releases GHG Emissions Management Tool “ClassNK ZETA”

ClassNK releases GHG Emissions Management Tool
– “ClassNK ZETA” to realize visualization of CO2 emissions for ships –

Tokyo – Tokyo – ClassNK has released “ClassNK ZETA (Zero Emission Transition Accelerator)”, a GHG emissions management tool to track accurate CO2 emissions and confirm and simulate CII ratings.

While the shift toward a zero-emission society has accelerated around the world, the time has come for the maritime industry to systematically plan, manage, and report the GHG emissions from...

https://allaboutshipping.co.uk/2022/04/15/classnk-releases-ghg-emissions-management-tool-classnk-zeta/

Hempel’s Target To Half GHG Emissions By 2030 Gets Approval From Science Based Targets Initiative

8 Major Types of Cargo Transported Through the Shipping Industry

Hempel has had its emissions reduction targets approved by the Science Based Targets initiative (SBTi). The targets covering greenhouse gas emissions from Hempel’s operations (scopes 1 and 2) are consistent with reductions required to keep warming to 1.5°C, what the latest climate science has told us is needed to prevent the most damaging effects of climate change.

Hempel’s target for the emissions from its value chain (scope 3) meets the SBTi’s criteria for ambitious value chain goals, meaning...

https://www.marineinsight.com/shipping-news/hempels-target-to-half-ghg-emissions-by-2030-gets-approval-from-science-based-targets-initiative/

Japan’s First Sea Trial Of Large Ferry With Renewable Diesel Fuel

Japan's first large ferry sea trial on renewable diesel

Mitsui O.S.K. Lines (MOL), Euglena (Euglena), and MOL Ferry (MOL Ferry) completed a sea trial of the MOL Ferry-owned/operated ferry Sunflower Shiretoko using renewable diesel fuel marketed by Euglena. The sea trial took place in the Port of Oarai in Ibaraki Prefecture.

The renewable diesel fuel used for the sea trial is made from biomass and can be used without changing the specifications of conventional diesel-powered marine engines. It complies with SOx regulations (*1) because, unlike the...

https://www.marineinsight.com/shipping-news/japans-first-sea-trial-of-large-ferry-with-renewable-diesel-fuel/

SSA places the environment firmly on its list of priorities by signing a partnership agreement with the Global Centre for Maritime

Professor Lynn Loo, CEO of GCMD and Ms Caroline Yang, President of the SSA (photo courtesy of the MPA)

Singapore Shipping Association (SSA) has underlined its commitment to reducing shipborne emissions by signing a partnership agreement with the Global Centre for Maritime Decarbonisation (GCMD) to support and accelerate efforts towards helping the industry achieve its decarbonisation obligations.

The agreement, which was signed today in Singapore, will pave the way for greater cooperation between...

https://allaboutshipping.co.uk/2022/03/29/ssa-places-the-environment-firmly-on-its-list-of-priorities-by-signing-a-partnership-agreement-with-the-global-centre-for-maritime/

Progress on life cycle GHG emissions guidelines and impact assessment of measures at IMO working group

Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 11), 14-18 March 2022

Progress on developing draft lifecycle GHG and carbon intensity guidelines for marine fuels and assessment of impacts of GHG measures has been made by an International Maritime Organization (IMO) working group.

The session, held remotely, was attended by more than 430 participants from some 70 Member States, as well as from NGOS in consultative status with IMO.

The Intersessional Working Group on...

https://allaboutshipping.co.uk/2022/03/21/progress-on-life-cycle-ghg-emissions-guidelines-and-impact-assessment-of-measures-at-imo-working-group/

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