Building containerships that can use today’s fuel and future fuels requires complex choices. Early planning can help reduce total lifetime cost
Attica sees results ‘normalising’ to pre-lockdown levels, despite losses in the first half of the year
Shipping must push its green fuel demand curve forward. The IMO and its green shipping rules play a decisive role in making that possible, says Trafigura’s Rasmus Bach Nielsen
Laurence Odfjell extols the virtues of first using relatively simple and economical technology such as bigger propellers and slower speed engines to bring fuel efficiency gains for now, as part of the longer-term goal of reducing carbon emissions
There is still a lack of standardisation of reporting, terminology and data in the industry
Shipping struggles under burden of ‘confusing and disruptive’ sanctions | Marine insurers to meet US officials on Russia oil price cap | MSC to launch air freight business
Why it’s time to stop talking about shipping decarbonisation | The Lloyd’s List Podcast: Where is shipping in the zero carbon transition? | Record LNG carrier rates as charterers adapt to Europe’s energy crisis
It seemed clear to everyone gathering in New York that the acceleration needed to move the shipping industry closer to the 1.5°C scenario will require unprecedented regulatory intervention, radical scaling of alternative fuel production and fleet readiness, disruptive technology inventions and substantial willingness to invest. But is shipping making any progress towards those goals?
The shipping industry is not on a trajectory to hit net zero by 2050. The only way it will find the pace and scale required to correct this dangerous path is to stop looking at this as a shipping problem
While guidelines for the use of liquefied petroleum gas have been finalised, the work to develop technical provisions for ammonia and hydrogen has begun and will hopefully be delivered to the International Maritime Organization next year
An updated ambition statement will be re-evaluated after the International Maritime Organization concludes a revision of its greenhouse gas strategy targets
‘Even though progress has been significant, more is needed to bring us to 5% and beyond,’ says joint study
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