greenhouse gas

Call for Market-based Measures To Ensure Decarbonisation Targets

  • The world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets.
  • These measures will be critical to incentivise the transition of the global fleet to new fuels and technologies, which will be more expensive than those in use today.
  • For a pricing signal to work, there must be viable alternatives to fossil fuels. These alternatives do not yet exist for large trans-oceanic ships.

A...

https://mfame.guru/call-for-market-based-measures-to-ensure-decarbonisation-targets/

Singapore’s First Ship Dedicated To LNG Bunker Ready

Singapore’s first ship dedicated to LNG bunker operations is now ready to start deliveries.
The FueLNG Befiina “has now become commercially operational in Singapore and is ready to supply LNG as marine fuel,” shipping company K Line said in a statement on its website on Wednesday, reports Ship & Bunker.

Joint Venture

The ship will be run under a joint venture between Keppel Offshore & Maritime and Shell Eastern Petroleum, and K Line is its technical manager. Container line Hapag Lloyd’s new...

https://mfame.guru/singapores-first-ship-dedicated-to-lng-bunker-ready/

What Will Be The Cost To Consumers Of Shipping Going Green?

About six cents per pair of Vietnamese made running shoes, according to the boss of the world’s largest containerline, says an article published in Splash247.

Skou’s interview to BBC

Interviewed by the BBC on Friday, Soren Skou, the CEO of A.P. Moller-Maersk, discussed shipping’s decarbonisation path on the back of last Wednesday’s big announcement that Maersk would operate the world’s first carbon neutral, methanol fuelled boxship in 2023.

Skou acknowledged the shipping industry as a whole would...

https://mfame.guru/what-will-be-the-cost-to-consumers-of-shipping-going-green/

EPS Surpassed Its CO2 Reduction Target Two Years Ahead of Schedule

EPS, which operates a diverse fleet of over 15m dwt, revealed the achievement as it published its Environmental, Social & Governance (ESG) Policy for 2021, says an article published in seatrade maritime.

EPS Disclosing Its Fleetwide CO2 Emissions

EPS started disclosing its fleetwide CO2 emissions last year and uses the Annual Efficiency Ratio (AER) measurement for which had set a target of 4.5 by 2022, reducing 4.7 in 2019 and 5.1 in 2021. On Thursday EPS disclosed that it had achieved an AER of...

https://mfame.guru/eps-surpassed-its-co2-reduction-target-two-years-ahead-of-schedule/

Carnival Opts for Wärtsilä Waste Treatment

Technology group Wärtsilä has signed a framework agreement with Carnival Corporation, the global cruise ship operator, covering the supply and installation of Wärtsilä’s advanced wastewater and dry waste treatment systems for up to 32 vessels across many of its operating brands, says an article published in shipinsight.

The framework is consistent with Carnival’s policies for compliance with the latest and most stringent environmental legislation.

Bioreactor wastewater treatment plants

Wärtsilä’s...

https://mfame.guru/carnival-opts-for-wartsila-waste-treatment/

Shifting Towards Green Shipping

In this decade, we’ll see more accelerated change in shipping fuels than we’ve seen in the last century. What does this heightened diversity mean for shipowners?

They must be nimbler than ever – a shift that requires work. It means “greening” supply chains, bolstering energy efficiency, nurturing more partnerships, streamlining costs, and becoming adept at green finance, says an article published in gulfnews.

All will help shipowners’ fuel portfolios adapt to the inevitable need for a greener...

https://mfame.guru/shifting-towards-green-shipping/

Q&A: Role of Scrubber Technologies In Green Shipping

The shipping industry facilitates much of the world’s trade but also contributes significantly to global emissions. Ship Technology spoke with Daphne Technology’s CEO Mario Michan about how innovations in scrubber technologies could play a huge role in decarbonising shipping, and how future-proofing vessels is now becoming essential, says an article published in Ship Technology.

Importantance To its Future

They aren’t the most attractive elements of the global shipping industry, but they are...

https://mfame.guru/qa-role-of-scrubber-technologies-in-green-shipping/

World’s First Green Ammonia Fuelled Tanker

The partnership aims to build the world’s first green ammonia fuelled tanker, says a press released published on their website.

Norwegian government support worth 46.3 million NOK (4.4 million EUR).

About the Project

The technology group Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are jointly running a project to launch an ammonia-fuelled tanker producing no greenhouse gas emissions by 2024.

The MS Green Ammonia project is the result of a Nordic industrial...

https://mfame.guru/worlds-first-green-ammonia-fuelled-tanker/

Asia Opens Upto LNG As It Turns Out To Be The Most Scalable Bridge Fuel

According to an Argus Media report, LNG is slowly becoming the best alternative bunker fuel and Asia has woken upto it. 

The Most Scalable Alternative Fuels

After having to adjust to both the Covid-19 pandemic and implementation of the global 0.5pc sulphur cap on marine fuels, the marine industry is now shifting its attention to accommodating the International Maritime Organisation’s (IMO) greenhouse gas (GHG) strategy.

The IMO’s goals consist of reducing carbon emissions in the maritime sector by...

https://mfame.guru/asia-opens-upto-lng-as-it-turns-out-to-be-the-most-scalable-bridge-fuel/

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