GHG Reduction Archives - Maritime Shipping News

Rapid Action Required For Achieving Zero Emission Fuel Target

20 October 2023

Credits: Venti Views/Unsplash

A new report from UMAS, Getting to Zero Coalition, and Race to Zero finds that while it is possible for scalable zero-emission fuels to make up 5% of international shipping fuels by 2030 – shipping’s breakthrough target – the window of opportunity will close soon and rapid action is required from the industry.

Core Challenges

The report, “Climate Action in Shipping, Progress towards Shipping’s 2030 Breakthrough,” paints a mixed picture when it comes to shipping’s core...

https://mfame.guru/rapid-action-required-for-achieving-zero-emission-fuel-target/

U.S., Denmark to push for “zero by 2050” shipping GHG goal

26 April 2021

In a fact sheet released following last week’s Leaders’ Summit on Climate, the White House reaffirmed that “in support of global efforts to achieve net-zero GHG emissions no later than 2050, the United States is committing to work with countries in the International Maritime Organization (IMO) to adopt a goal of achieving zero emissions from international shipping by 2050 and to adopt ambitious measures that will place the sector on a pathway to achieve this goal.”

First announced by Special...

https://www.marinelog.com/shipping/environment/u-s-and-denmark-to-push-for-zero-by-2050-shipping-ghg-goal/

DNV GL Forecasts the Energy Transition in Maritime Industry

20 March 2021

DNV GL has done sophisticated modelling about how the maritime industry may go through the energy transition, including evaluating 30 different scenarios.
DNV GL has been putting together forecasts / pathways which reach IMO’s emissions of 50 per cent GHG reduction by 2050.
Regulations and other incentives are already starting to impact shipping, said Knut Ørbeck-Nilssen, CEO of DNV GL’s maritime division.
It is increasing company’s costs, and also impacting the asset values and earning...

https://mfame.guru/dnv-gl-forecasts-the-energy-transition-in-maritime-industry/

How MBM Can Assist IMO’s Initial GHG Strategy

3 March 2021

A new report, published by the Technical University of Denmark (DTU) and commissionned by Danish Maritime Authority, provides an overview and discussion of potential Market Based Measures under IMO’s Initial GHG Strategy, under a relevant DMA-DTU project on Market Based Measures (MBMs), reports Safety4Sea.

GHG reduction programs

In this context, some related developments are also seen as directly relevant to the scope of the project, mainly in the context of the possible inclusion of shipping...

https://mfame.guru/how-mbm-can-asist-imos-initial-ghg-strategy/