Zero Carbon Fuels

Crowley releases its first sustainability report

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/

What Strategy Do Korean Shipbuilders Use For Winning Zero Carbon?

  • Dual fuel engine has been the secret weapon behind South Korean shipbuilders’ red-hot winning streak.
  • It will likely feed their heyday for some time.

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 Shipping

The 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/

What Alternative Do Future Fuels Use For Shipping?

  • The shipping industry has a vital role in a net zero carbon future.
  • In response to the Paris Climate Accord, the International Maritime Organisation has set ambitious goals of halving greenhouse gas (“GHG”) emissions by 2050, compared to 2008.
  • At the same time, it has to reduce carbon dioxide emissions intensity by 40% by 2030 and 70% by 2050.

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/

Maersk Stops Purchase of Boxships That Don’t Meet ‘Emission Targets’

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 fuels

Rene 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 Scope For Decarbonization In Developing Economies

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 fuels

To 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 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/

Maersk CEO’s View on Zero Carbon Fuel Target

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 Comments

The 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/

Maersk Targets To Become Carbon Neutral In Three Decades

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 Plans

Maersk 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/

ECSA Mandates Bunker Suppliers To Sell Zero-carbon Fuels

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 cheaper

The 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/

Symposium on alternative low-carbon and zero-carbon fuels – 9 and 10 February 2021

Symposium on alternative low-carbon and zero-carbon fuels – 9 and 10 February 2021

Which are going to be shipping’s future fuels? Attend the symposium
Technological innovation and the global introduction of alternative fuels and/or energy sources for international shipping will be integral to achieve the ambition set out in the Initial IMO Strategy on reduction of GHG emissions from ships.To take stock of ongoing initiatives, the 2021 IMO Symposium on alternative low-carbon and zero-carbon...

https://allaboutshipping.co.uk/2021/01/27/symposium-on-alternative-low-carbon-and-zero-carbon-fuels-9-and-10-february-2021/

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