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In the absence of any certainty regarding fuel availability, the shipping industry is laying down a multi-billion-dollar zero-carbon hedge bet — yet in the meantime, its decarbonisation pledges and targets are looking increasingly thin
The multi-fuel future is unlikely to be a simple transition away from heavy fuel oil to green alternatives. It will also involve investment in technologies, automation and crew training.
The outcome of this summer’s pivotal MEPC 80 meeting inside the IMO will not agree policy, but it will set the tone and timing of the regulatory agenda for decades to come and act as a litmus test of the continued relevance of the UN agency as a global regulator
Individual shipyards in Japan should form an alliance or combine their ship design, research and development division under the Japanese Shipbuilding Association, argues influential Imabari head Yukito Higaki
Fuel and infrastructure availability should not be a barrier to shipping’s rapid decarbonisation. Aligning the industry with a 1.5°C Paris Agreement temperature goal is entirely feasible with the right development in the Global South, argues Trafigura. But nothing happens without a carbon price and regulatory clarity this year. Can we do it? This week’s edition of the podcast makes the optimistic case that all this is within reach
In the absence of any certainty regarding fuel availability, the shipping industry is laying down a multi-billion-dollar zero-carbon hedge bet — yet in the meantime, its decarbonisation pledges and targets are looking increasingly thin
Flawed efficiency projects such as CII have sparked a wholesale review of how regulation is developed. A more iterative and holistic approach that factors in the expectation of unintended commercial consequences now needs to be more rigorously embraced
Has the politicised focus on shipping’s eventual fuel transition provided a pretext for inaction and deferred more immediate gains in energy efficiency? Is there an argument for shipping not being at the front of the queue for limited renewables to produce sustainable fuels? Two recent studies offer two very different perspectives of the industry’s zero-carbon priorities
If the political stars align and the right demand signals can be emitted, the latest analysis suggests that even the most ambitious decarbonisation scenarios are no longer limited by the technical and commercial readiness of zero-carbon fuels, technologies, infrastructure or yards. The industry, however, remains uncertain and unconvinced.
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