Cost-efficient strategies can significantly cut price of FuelEU Maritime compliance, according to DNV

According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the cost. Effective from 1 January 2025, the rules mandate...

https://www.hellenicshippingnews.com/cost-efficient-strategies-can-significantly-cut-price-of-fueleu-maritime-compliance-according-to-dnv/

The LNG pathway is only ‘two minutes into the hour’ of our journey to net zero, says SEA-LNG

Industry coalition SEA-LNG notes that while the approximately 2,200 LNG-fuelled vessels and LNG carriers represent only ‘two minutes into the hour’ of the global fleet of approximately 60,000 deep sea vessels, it remains an adolescent fuel that is maturing significantly faster than other...

https://www.hellenicshippingnews.com/the-lng-pathway-is-only-two-minutes-into-the-hour-of-our-journey-to-net-zero-says-sea-lng/

Waiting time in port represents major inefficiency and GHG savings opportunity for international shipping

A new study by UCL and UMAS, which analysed ship movements between 2018-2022, found that optimising port arrivals to take into account port congestion or waiting times could reduce voyage emissions by up to 25% for some vessel types. The average potential emissions saving for the voyages is...

https://www.hellenicshippingnews.com/waiting-time-in-port-represents-major-inefficiency-and-ghg-savings-opportunity-for-international-shipping/

A sea-change for seafarers as the shipping industry gears up to decarbonize

Shipping is responsible for 3% of global emissions, and vital to the world’s economy, transporting 90% of global trade, so it is imperative that the sector decarbonises as quickly as possible. The International Maritime Organization has targeted a 40% cut in emissions by 2030, including through...

https://www.hellenicshippingnews.com/a-sea-change-for-seafarers-as-the-shipping-industry-gears-up-to-decarbonize/

OceanScore reviews the first year of EU ETS: what have we learned and what lies ahead?

OceanScore has identified persisting EU ETS pain points for shipping such as system readiness, data anomalies, transparency and contractual responsibility after assessing lessons learned from the first year of the regulation, with the clock ticking towards the initial settlement of emissions...

https://www.hellenicshippingnews.com/oceanscore-reviews-the-first-year-of-eu-ets-what-have-we-learned-and-what-lies-ahead/

Lloyd’s List Intelligence and Siglar Carbon Partner to Drive Sustainable Decision-Making across the Maritime Industry

Lloyd’s List Intelligence (LLI), a leading provider of maritime data, insights, and analytics, and Siglar Carbon, a pioneer in maritime emissions performance analytics, today announced a strategic partnership to drive greater awareness of vessel emissions performance across the maritime industry...

https://www.hellenicshippingnews.com/lloyds-list-intelligence-and-siglar-carbon-partner-to-drive-sustainable-decision-making-across-the-maritime-industry/

VARD awarded Approval in Principle by LR for two methanol ready CSOVs for North Star

Lloyd’s Register has awarded Approval in Principle (AiP) to VARD for the methanol fueling system for two Commissioning Service Operation Vessels (CSOVs), which are under construction for Scotland-based North Star. The CSOVs are of VARD 422 design and are tailor-made for the UK’s leading...

https://www.hellenicshippingnews.com/vard-awarded-approval-in-principle-by-lr-for-two-methanol-ready-csovs-for-north-star/