net zero emission Archives - Maritime Shipping News

China Shows Commitment To Green Transport With First Hydrogen Ship

18 October 2023

Credit: zerocarbonshipping

The latest achievement in China’s push for more green transport was made by China’s shipbuilding industry last week with the commissioning of the country’s first hydrogen-powered ship.

Maiden Voyage

Three Gorges Hydrogen Boat 1 sailed on its maiden voyage, which was a short ceremonial trip on the Yichang section of the Yangtze River in Hubei province, and was then delivered to its operator, China Yangtze Power, a State-owned hydropower company. The electric catamaran was...

https://mfame.guru/china-shows-commitment-to-green-transport-with-launch-of-first-hydrogen-ship/

Exploring Alternatives For Net Zero Emission Solutions

1 August 2023

Credit: matthias-heyde-unsplash

The maritime industry is facing challenges in its efforts to achieve net-zero emissions. While awaiting the development of new alternative fuel technologies like ammonia, methane, and hydrogen, shipowners could start by using lithium-ion (Li-ion) batteries to electrify ships. However, Li-ion batteries come with a high price tag and considerable safety risks.

Research Underway

Research is underway to find battery options that can perform similarly to Li-ion but...

https://mfame.guru/exploring-alternatives-for-net-zero-emission-solutions/

Global Trade To Witness Surge In Prices With Net Zero Emissions On The Charts

12 July 2023

Credit: Smaart company

The IMO has proposed that 5% of all fuel used by ships be clean fuel by 2030.

Effects Of Carbon Price

After the commodity segment, shipping will be the next sector to see the effects of the carbon price as the International Maritime Organisation (IMO), a UN organization, plans to set goals for net zero carbon emissions by 2050, according to a report by the Financial Express (FE). The European Union (EU) has already decided to charge tax on inbound and inbound shipping from...

https://mfame.guru/global-trade-to-witness-surge-in-prices-with-net-zero-emissions-on-the-charts/

What Is Crucial For Global Economic Recovery And ‘Net-Zero’?

1 September 2022

Adopting always-on connectivity to offer trade recovery is essential for the speed and viability of Net Zero emission plans in aviation, maritime, and private mobility.

Global economic recovery

As the world seeks to rebound from the Covid-19 pandemic and the financial impact resulting from government measures taken during it, the transport industry is central to the global economic recovery.

Estimated to generate between 6 and 12 per cent of the developed world’s GDP, the sector has a positive...

https://mfame.guru/what-is-crucial-for-global-economic-recovery-and-net-zero/