green practices

Dream Come True for Entrepreneurs Towards a Net Zero Future

  • Carbon13 and Maritime UK joined forces on an eight-month program supporting people to launch highly scalable and investable ventures for a net zero future.
  • Accordingly, the partners launch the Carbon13, the Venture Builder for the Climate Crisis.

The eight month programme supports extraordinary individuals to launch highly scalable and investable ventures – and the maritime industry is one of the target sectors, says an article published on Safety 4 Sea,

Extraordinary potential

Each venture that...

https://mfame.guru/dream-come-true-for-entrepreneurs-towards-a-net-zero-future/

The case of ammonia as a marine fuel

During the 2020 SAFETY4SEA Limassol Forum, Dr. John Kokarakis, Vice President Technology & Business Development, Bureau Veritas, discussed ammonia as a potential solution for carbon-free shipping. During his presentation, Dr. Kokarakis presented the advantages of ammonia on the one hand, and the challenges on the other, adding that difficulties around ammonia can be controlled by technical and regulatory options.

The hot question of today is if the ammonia is a feasible solution for carbon-free...

https://safety4sea.com/cm-the-case-of-ammonia-as-a-marine-fuel/

Russia launches plan for a low carbon future

Russia has set out a long-term, low carbon development plan spanning on the next three decades. According to the plan, Russia will reduce GHG emissions by a third by 2030 from 1990 levels.

The plan stretches up to 2050, with Russia’s Ministry of Economic Development expecting that emissions would increase to the equivalent of 2.08 billion tons of carbon dioxide by 2030.

The document includes four main scenarios:

  • Inert
  • Basic
  • Intensive
  • No government support

Under the basic scenario, which Russia...

https://safety4sea.com/russia-launches-plan-for-a-low-carbon-future/

New members enter Poseidon Principles’s Steering Committee

The Poseidon Principles Association, which provides a global framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios, announced a new composition of its Steering Committee, after its last annual meeting.

Michael Parker was re-elected as Chair of the Steering Committee. Paul Taylor was re-elected as Vice Chair of the Steering Committee. Stephen Fewster was elected Treasurer of the Steering Committee.

Florin Boros, Joep Gorgels, Michael Frisch,...

https://safety4sea.com/new-members-enter-poseidon-principless-steering-committee/

EC issues €980m in EU funding for clean energy infrastructure

In light of the adoption of the 2020 CEF Energy Work Programme today, the 2020 CEF Energy call for proposals has opened, offering funding to support projects of common interest in the energy sector, in the areas of electricity, gas, smart grids and cross-border carbon dioxide networks.

Specifically, the funding is a major part for the delivery of the European Green Deal.

The call for proposals will run until May 27, 2020.

During the announcement of the funding provision, the European Commission...

https://safety4sea.com/ec-issues-e980m-in-eu-funding-for-clean-energy-infrastructure/

2020 Fuels: The New Normal

During the last GREEN4SEA Athens Forum, Bill Stamatopoulos, Business Development Manager South Europe, VeriFuel, attempted to bust some of the myths regarding the sulphur cap that existed before 2020 sulphur cap applied.

Before the implementation of IMO Sulphur Cap, there were two famous myth busters: firstly that cat fines will be a big problem for the VLSFOs and secondly that the 2018 fuel incidents related to HSFOs from Houston were a pre-warning for VLSFOs issues. The truth is that we...

https://safety4sea.com/cm-2020-fuels-the-new-normal/

Brazil drains water from one of Stellar Banner cargo holds

The Brazilian Navy reported that drainage of saltwater from one of the cargo holds of the grounded cargo ship Stellar Banner has been completed.

To remind, the VLOC, loaded with iron ore, experienced trouble off the coast of Brazil, on February 25, raising fears that the vessel could sink. After the incident, all 20 crew members have been evacuated from the ship as a precaution.

Now, Brazil took the responsibility to prevent the spill from the grounded vessel, hiring Ardent, salvage company, for...

https://safety4sea.com/brazil-drains-water-from-one-of-stellar-banner-cargo-holds/

Commercial fishing, plastic major part of environmental crisis

The environmental crisis is most challenging than ever, with the seas being warmer than at any point in the human history and life underwater is facing many threats. Thus, the Sustainable Development Goal (SDG) 14 “Life Under Water” establishes a wide-ranging goal to “conserve and sustainably use the world’s oceans, seas and marine resources”.

The severity of the environmental crisis is demonstrated by the plight of perhaps the single most important marine ecosystem: coral reefs.

Reefs play an...

https://safety4sea.com/commercial-fishing-plastic-major-part-of-environmental-crisis/

Sumitomo Mitsui Trust Bank joins the Poseidon Principles

Sumitomo Mitsui Trust Bank (SMTB) is the latest financial institution to join the Poseidon Principles. The Principles have been developed by international shipping banks, in collaboration with maritime industry players, to promote greener global shipping.

They establish a common, global baseline to quantitatively assess and disclose whether financial institutions’ ship lending portfolios are in line with decarbonization targets.

The IMO’s initial GHG strategy prescribes that international...

https://safety4sea.com/sumitomo-mitsui-trust-bank-joins-the-poseidon-principles/

Liberian ships urged to be cautious of Indian plastic ban

Following India’s ban on single use plastic from onboard vessels, the Liberian Maritime Authority reminds all Liberia-flagged vessels sailing to India of what to keep in mind, from which single use plastics are acceptable, to the importance of implementing a Ship Execution Plan (SEP).

To remind, India firstly announced the ban in October 2019, according to which the use of single-use plastic is prohibited onboard vessels on board Indian ships and foreign ships, when these ships are at a port or...

https://safety4sea.com/liberian-ships-urged-to-be-cautious-of-indian-plastic-ban/

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