Port of Helsinki and its partners issued to the European Union three funding applications in relation to the port’s environmental future, aiming towards a better environment and sustainability.
Specifically, the port total cost of the investments is up to 18 million euros and the funding was applied for 20–30% of this.
Through the investments, the port aspires to reduce emissions in the port area and allocate benefits to local residents and the whole city.
Also, the port aims to lead in...
In July 2019, the ICCT hosted an international workshop on zero-emission vessel technology for shipping, during which participants identified hydrogen fuel cells as a promising technology. To assess the potential, this study presents the energy demand and fuel storage space requirements of container ships servicing a corridor from China to the US.
The authors find that 99% of the voyages made along the corridor in 2015 can be fueled by hydrogen with only minor changes to fuel capacity or...
https://safety4sea.com/hydrogen-a-viable-replacement-of-fossil-fuels-study-shows/
Wärtsilä, technology group, along with a consortium with six more industry and academic partners, received an award funded by the EU for a project aimed at reducing fuel consumption and decreasing emission levels for the shipping industry.
Specifically, the SeaTech project was formed for the development of two symbiotic ship engine and propulsion innovations that when combined, could lead to a 30% reduction in fuel consumption.
In the meantime, the project aims at 99% reductions in emissions of...
In fact through their collaboration, both sides goal to promote the development of low-carbon liquid fuels, achieving emissions reduction.
AOP and CLH will focus on the eco-fuels’ advantages, on...
https://safety4sea.com/aop-and-clh-join-forces-to-boost-low-carbon-liquid-fuels/
Five months after the launch of the Getting to Zero Coalition seeking to get commercially viable deep sea zero emission vessels into operation by 2030, a total of 100 Coalition members gathered in Copenhagen, for the first time on 25 February, to advance a work-plan for the coming 2 years.
Launched at the UN Climate Action Summit in New York on 23 September 2019, Getting to Zero Coalition is an alliance of more than 120 public and private organizations across the maritime, energy, infrastructure...
Naval architect and marine engineering company, Foreship reports an increasing number of enquiries on how scrubbers can be equipped at short notice, after emerging market misgivings regarding the quality and availability of 0.5% sulphur content fuel oils.
As the company notes, after the implementation of the 2020 sulphur cap, companies that have opted scrubbers have a relatively smooth transition. On the other hand, the higher costs of very low sulphur fuel oils (VLSFOs), as well as concerns...
Maersk secured a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. The facility is linked to the company’s CO2 performance. More specifically, the credit margin under the facility will be adjusted based on Maersk’s progress to meet its target of reducing CO2 emissions per cargo moved by 60% by 2030.
The facility refinances the undrawn $5.1bn facility maturing in 2021 and has a tenor of five years which may be extended by up to two years. It...
https://safety4sea.com/maersk-links-5bn-credit-facility-to-better-co2-performance/
UAE’s oil and gas firm ADNOC announced expansion of its Carbon Capture Utilization and Storage (CCUS) program, as part of its goal to become one of the least carbon-intensive oil and gas producers in the world, in line with its 2030 strategy.
Speaking during an event in Saudi Arabia, Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), noted the company is on track to expand CCUS capacity at least fivefold by 2030 as part of its holistic...
https://safety4sea.com/adnoc-to-expand-its-carbon-capture-and-storage-program/
Joining international cooperation for decarbonization, Japanese shipping company NYK has shed focus on a concept for using ammonia as marine fuel to achieve zero-emission ships.
Ammonia does not emit carbon dioxide (CO2) when it is heated and would thus be expected to contribute to the effort to address global warming. In addition, if CO2-free hydrogen is used, zero emissions are said to be achieved.
NYK is thus considering the use of ammonia as marine fuel, one of the solutions for...
https://safety4sea.com/nyk-focuses-on-ammonia-as-marine-fuel/
IMO Sec-Gen stated that:
Zero emission shipping requires the development, widespread availability and affordability of new...
https://safety4sea.com/imo-sec-gen-stresses-need-for-urgent-action-on-emissions/