
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

Lloyd’s Register launches decarbonisation initiative
Regional container lines will join shipyards, engine manufacturers and banks in regional initiative. Aims to lower investment risk of fuel transition

DFDS plots green transition as it plans future fleet strategy
DFDS, which has taken delivery of a series of scrubber-fitted newbuildings in recent years, is looking at the potential for alternatively fuelled ships to reduce its carbon footprint further

Energy crisis to accelerate move to renewables
World leaders need a strategy to tackle the many energy problems at the same time, including ensuring energy security and achieving energy price stability, as well as how to meet carbon neutrality

High LNG marine fuel prices block transition pathway
When it comes to choosing between saving money or the environment, shipowners are opting for the fuel that provides the lowest operating cost

Maersk supply deals encourage investment in energy transition
Maersk wants to be net-zero by 2040. To do so it will need to ensure that the supply of green methanol is sufficient to fuel its newbuildings

UK funds green innovation in maritime sector
Mr Courts confirmed the second round of funding will be made available via the recently launched UK Shore agency

Turnkey LNG conversion concept shows promise
More than 100 containerships could be potential candidates for the innovative liquefied natural gas conversion

Rio Tinto and BP agree on one-year trial of marine biofuels
The results of the one-year trial will help Rio Tinto study ways to reduce its carbon emissions from its marine fleet and inform its future biofuel strategy

Greek owners see EU carbon market approval as ‘important step’
Commercial operators should be accountable for costs of carbon allowances, says UGS president Melina Travlos

Greece 2022: Fuelling fears for ferry sector recovery
An explosion in fuel costs has delivered a cruel kick to a sector that was just about staggering back on to its feet in the wake of the coronavirus pandemic

Greece 2022: Stepping on the gas with new terminal projects
As a long-planned FSRU project gets under way in the port of Alexandroupolis, further floating terminal plans are ramping up

Scorpio Group invests in sustainable battery maker
Scorpio joins shipowners, including Belgium’s Saverys family and Denmark’s AP Moller-Maersk, which also investing in green hydrogen and methanol to find a decarbonisation pathway for shipping
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