‘Fortescue Green Pioneer successfully demonstrates what a future of cleaner shipping could look like’
The UK has welcomed the world’s first dual-fuelled ammonia-powered vessel to its shores, marking an important step forward in maritime decarbonisation.
The Singapore-flagged vessel Fortescue Green Pioneer has arrived in the UK to demonstrate the viability of ammonia as a sustainable marine fuel. The vessel is the first of its kind, powered by a four-stroke engine, two...
Marking a key milestone its ambition to become “the most sustainable and innovative maritime and logistics company in the Americas,” Crowley has released its inaugural sustainability report. The report aims to assess and establish a transparent reference point to measure progress toward its environmental, social and governance (ESG) goals to build a more sustainable tomorrow.
The report builds on Crowley’s recent announcement of its ambition to achieve net-zero emissions using a science-based...
https://www.marinelog.com/legal-safety/environment/crowley-releases-its-first-sustainability-report/
Dual fuel engine has been the secret weapon behind South Korean shipbuilders’ red-hot winning streak in global ship orders and will likely feed their heyday for some time, reports Pulse.
Korea’s Dual Fuel ShippingThe bulk of new orders Korean shipbuilders brought home this year have been in multi-fuel capable of running on either bunker C oil or...
https://mfame.guru/what-strategy-do-korean-shipbuilders-use-for-winning-zero-carbon/
In the recent report of “The Sustainability Imperative” – which drew on a series of in-depth interviews and a global survey of 545 senior industry...
https://mfame.guru/what-alternative-do-future-fuels-use-for-shipping/
One of the world’s largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally eliminate carbon emissions, reports Platts.
Zero carbon fuelsRene Piil Pedersen, managing director of the company’s Singapore arm, told S&P Global Platts on the sidelines of the Marine Money conference held in Singapore on April 20, “Going forward, we will only order ships which have zero carbon emission capability.”
This means that even though these new...
https://mfame.guru/maersk-stops-purchase-of-boxships-that-dont-meet-emission-targets/
The World Bank today published new research on decarbonizing the maritime transport sector with findings that indicate significant business and development opportunities for countries, including for developing and emerging economies, reports World Bank.
Zero-carbon fuelsTo lower and ultimately eliminate its climate impact, maritime transport needs to abandon the use of fossil-based bunker fuels and turn toward ‘zero-carbon bunker fuels’, namely shipping fuels which emit zero or at most very low...
https://mfame.guru/the-scope-for-decarbonization-in-developing-economies/
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.
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/
Shipping and logistics giant AP Moller-Maersk expects the shift to zero-carbon fuels roughly to double its bunker costs, says an article published in ship & bunker.
Soren Skou CommentsThe firm spent $3.835 billion on its bunker consumption last year, down from $4.566 billion the previous year.
CEO Soren Skou expects “we have to spend maybe double that amount” once it is buying zero-carbon fuels, news agency the BBC cited him as saying on Friday.
The company’s average bunker price was $372/mt last...
https://mfame.guru/maersk-ceos-view-on-zero-carbon-fuel-target/
Shipping giant AP Moller-Maersk is one of the largest corporate consumers of oil on the planet, and has set itself the target of becoming carbon-neutral in the next three decades, says an article published in Ship & Bunker.
The company’s boxships got through 10.3 million mt of bunker fuel last year, taking up about 4% of total global marine fuel demand.
Decarbonisation PlansMaersk has been relatively quiet on its decarbonisation plans thus far, while rivals like France’s CMA CGM have made big...
https://mfame.guru/maersk-targets-to-become-carbon-neutral-in-three-decades/
Industry body the European Community Shipowners’ Associations (ECSA) has recommended that the EU makes it mandatory for bunker suppliers to sell zero-carbon fuels as it starts to charge the shipping industry for its carbon emissions, reports Ship & Bunker.
Making Zero carbon fuels cheaperThe European Union is seeking to add shipping to its emissions trading system, making the industry pay for its carbon emissions as an incentive towards reducing them.
In a statement on Monday, the ECSA said the...
https://mfame.guru/ecsa-mandates-bunker-suppliers-to-sell-zero-carbon-fuels/