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Decarbonisation

The International Maritime Organization has committed to slashing total annual greenhouse gas emissions by at least 50% by 2050, compared with 2008, and it aims to decarbonise the sector fully by the end of the century. The shipping industry is facing up to the challenge, developing new fuels and stronger, environmentally-friendly practices. But with tighter rules and regulations on both a regional and global level to contend with, agreement on the best approach is not easy

Future Fuels

Japan’s sustainable future: Born in Tokyo, raised globally

One of maritime’s most impactful and important countries begins to organise its response to the decarbonisation challenge

Japan Energy

IMO needs an ambitious CO2 reduction agreement

The International Chamber of Shipping believes an ambitious agreement can be reached in the autumn, provided that governments maintain open minds and be willing to avoid inflexible positions

International IMO

Shell decarbonisation report calls for ‘all hands on deck’

Lack of a global regulatory framework and unwillingness from shipping’s customers to pay for lower emission solutions are identified at the top of a long list of significant barriers to much needed industry investment in a new report from Shell based on interviews with more than 80 industry leaders

Environment Fuels

Container shipping must join concerted 2050 clean-up effort

With the world still in the grip of a global pandemic, shipping companies need to reassess the measures they have in place to meet environmental compliance

International IMO

The week in charts: Floating storage sets record; seaborne trade turns negative

Increased numbers of very large crude carriers anchored off China, Singapore and Malaysia have brought the total amount of crude and clean products in floating storage to a new high, while the global economic outlook is expected to result in seaborne trade falling year on year for the first time since 2009

International Tankers and Gas

Global fleet mostly following IMO fuel collection rules

The IMO has received fuel consumption data for 2019 from over 26,000 ships, around 80% of the required vessels

International IMO

CMA CGM launches decarbonisation coalition

 Group of 11 organisations to work on future fuels and options for transport and logistics

CMA CGM Containers

Shipping lagging on energy technology innovation, says IEA

The IEA findings underscore a series of recent reports indicating shipping is nowhere near reducing its reliance on fossil fuels

International Environment

Shipping gas emissions decline as fleet shrinks — EU study

Containerships were found to have accounted for over 30% of CO2 emissions in 2019, with oil tankers and bulkers accounting for another 15%

EU Containers

Shipping plays catch-up on road to carbon neutrality

The automotive sector still faces obstacles that sound frustratingly familiar for anyone following maritime’s decarbonisation timeline

International Environment

DNV GL study says C02 emissions ‘peaked in 2019’

DNV GL’s outlook sees renewables increasing market share relative to fossil fuels because of lower operating costs, with oil demand hit the hardest, followed by coal, then gas

International Environment

Wärtsilä to test ammonia engine with funding from Norway

The Finnish company will spearhead a joint effort to pave the way for ammonia engines to be used in real vessel operations within few years

Norway Wartsila
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