GHG

Regulators Shift to Low-Carbon Bunkers for Net-Zero 2050 Goal

Credit: evergreen-marine

Maritime trades have been powered by residual fuels that emit high levels of air pollutants and greenhouse gases for decades, but a growing number of regulators are pushing vessel operators to use greener energy sources.

Low-Carbon Shipping

The International Maritime Organization (IMO), having reduced sulfur limits for bunker fuels, is now leading the charge for low-carbon shipping amid mounting climate pressure. Adrian Tolson of 2050 Marine Energy highlights the agency’s...

https://mfame.guru/regulators-shift-to-low-carbon-bunkers-for-net-zero-2050-goal/

ScanOcean And Neste Partner To Supply Biodiesel For Bunkering In Sweden

Credit : Neste

The biodiesel will be made available at the Södertälje ex-pipe facility for ships transiting Lake Mälaren in southern Sweden, near the Baltic Sea, reports engine.online.

Reduction of GHG by 80℅

Neste produces biodiesel at its plant in Porvoo, Finland using renewable feedstocks blended with either marine gas oil or marine diesel oil (MDO). The fuel can reduce greenhouse gas (GHG) emissions by up to 80% on a lifecycle basis compared to conventional oil-based marine fuels, Neste claims.

https://mfame.guru/scanocean-and-neste-partner-to-supply-biodiesel-for-bunkering-in-sweden/

Marine Fuel Global Weekly Market Update

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A weekly Argus news digest of interest to the conventional and alternative marine fuel markets, offering insights into developments shaping the maritime industry’s fuel landscape.

Alternative marine fuels

New York, 4 August World Kinect bunker sales slump but profit is up US-based fuel supplier World Kinect, formerly known as World Fuel Services, boosted its profit.

Singapore, 4 August Methanex hikes China methanol contract price, cuts Asia Canada-based methanol...

https://mfame.guru/marine-fuel-global-weekly-market-update-3/

Poseidon Principles Provide A Platform For Financing Shipping’s Sustainable Future

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The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny, reports Marine Link.

UN agency’s strategy on GHG

In July 2023, the International Maritime Organization’s Maritime Environment Protection Committee (MEPC) will consider revising the UN agency’s strategy on greenhouse gas emissions from ships. Moving on from a current target to reduce CO2 emissions from...

https://mfame.guru/poseidon-principles-provide-a-platform-for-financing-shippings-sustainable-future/

Peninsula To Begin To Biofuel Bunker Supply

Credit: Venti Views/Unsplash

Peninsula said it is commencing the supply of biofuels at its hub ports in the Strait of Gibraltar, after having recently received its International Sustainability and Carbon Certification (ISCC) in respect of physical supply operations in Gibraltar, Algeciras and nearby ports, says an article published on Manifoldtimes.

Lower carbon emissions

The ISCC permits the supply of biofuels from feedstocks that have fully traceable, sustainable and GHG reducing supply chains.

Th...

https://mfame.guru/peninsula-to-begin-to-biofuel-bunker-supply/

Preliminary Agreement To Include Shipping in The EU’s Emission Trading System

Credits: Alonso Reyes/ Unsplash

The EU’s legislative bodies have reached an agreement on including shipping in its Emission Trading System (EU ETS). Subject to final adoption, ships above 5000 GT transporting cargo or passengers for commercial purposes in the EU will be required to acquire and surrender emission allowances for their CO2 emissions from 2024. Offshore ships will be included from 2027. This statutory news summarizes the current information on EU ETS, reports an article published on...

https://mfame.guru/preliminary-agreement-to-include-shipping-in-the-eus-emission-trading-system/

Dalian Splashes MSC’s Scrubber

Credit: Venti Views/Unsplash

Swiss-based liner major Mediterranean Shipping Company (MSC) is starting the year on a high note with the construction of its New Panamax giants in China making headway, says an article published on Offshore-energy.

Cut fuel consumption

Namely, Dalian Shipbuilding (DSIC), part of China State Shipbuilding Corporation (CSSC), has launched MSC Chiyo, a 16,000 TEU boxship spanning 366 meters in length, a molded width of 51 meters and a molded depth of 30.2 meters.

The...

https://mfame.guru/dalian-splashes-mscs-scrubber/

Promising Development Towards Effective Climate Regulations

Credits: Roman Fox/Unsplash

In its first in-person session in three years, the IMO Marine Environment Protection Committee 79 (MEPC 79) addressed a broad array of issues, taking important steps forward on the path to impactful regulation to drive the decarbonisation of shipping, reports World Shipping Council.

Energy transition

Current proposals before the IMO on mid-term measures to drive the energy transition of shipping address different components of what WSC regards as Six Critical...

https://mfame.guru/promising-development-towards-effective-climate-regulations/

IMO regulations to introduce carbon intensity measures enter into force on 1 November 2022

Graphic: an artistic representation of atmospheric carbon dioxide – a clear, colourless, gas. Graphic credit: Matthias Heyde via Unsplash.

Amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI enter into force on 1 November 2022. Developed under the framework of the Initial IMO Strategy on Reduction of GHG Emissions from Ships agreed in 2018, these technical and operational amendments require ships to improve their energy efficiency in the short...

https://www.shippingaustralia.com.au/imo-regulations-to-introduce-carbon-intensity-measures-enter-into-force-on-1-november-2022/

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