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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

Leaked EU fuel plans confirm industry fears and rile green lobby

A leaked draft of the EU’s multi-pronged plan to force shipping towards greener fuel choices confirms the worst fears of industry and green NGOs alike — namely that the rules will create a compliance minefield, cost billions of euros and ultimately push shipowners towards fuel choices that will lock fossil fuels into the supply chain for decades

Europe Sustainability hub

MSC puts weight behind decarbonisation R&D fund

Efficiency measures are necessary for now, but the real effort should be on research into carbon-neutral fuels. The IMO’s proposed R&D fund should be doubled if necessary

International Mediterranean Shipping Co

Hapag-Lloyd orders six LNG-fuelled boxships with green loan

Hapag-Lloyd has ordered six more 23,500 teu containerships due in 2024, having ordered six of the same size in December. They were financed in line with the Loan Market Association’s green loan principles

International Environment

Logistics and airfreight underpin CMA CGM’s transition to integrated transport group

CMA CGM executive officer Tanya Saadé Zeenny tells Lloyd's List that the business founded by her father and uncle has reached a milestone and that “it is our belief that better ways of doing business are possible”, as the group sets out five strategic pillars that will shape its future

Europe France

IMO needs to resolve its trust issues

The geopolitical fault lines are starting to show as the IMO’s climate change debate heads into diplomatic territory that is well outside of shipping’s influence. Division and distrust are hampering progress and the conversations are only going to get more difficult from here on

International IMO

MOL maps out $2bn route to zero-emissions by 2050

Running a giant fleet of 800 vessels, MOL wants to equip its fleet with about 90 LNG-fuelled vessels, excluding LNG carriers, by 2030, and 110 zero-emission ocean-going ships by 2035

Asia Pacific Sustainability

Shipping’s R&D fund proposal given a third shot at survival

The proposal for a $2 levy on fuel to fund decarbonisation research and development projects did not convince governments, but its supporters will have another chance to make their case in November

IMO Environment

Carbon levy talks pushed back amid division at IMO

Governments were strongly divided on whether to start working on market-based measures and to begin considering a $100 CO2 levy on ships. This led to an impasse that has pushed back negotiations to November

IMO Environment

Greeks lament lack of technical breakthrough on shipping decarbonisation

Greek Shipping Co-Operation chairman Haralambos Fafalios says decarbonisation is a paramount objective that needs to be considered hand-in-hand with safety

International Greece

Eastern Pacific Shipping joins university study of ammonia as a marine fuel

The study will cover green ammonia production and supply, ammonia bunkering process, and potential issues arising from adopting ammonia as a marine fuel

Singapore Sustainability

Webinar: How to decarbonise shipping

Shipping heavyweights DNV, Wärtsilä and Maersk joined Lloyd’s List to discuss the industry’s decarbonisation trajectory, the role of regulation and the contentious issue of whether LNG is a viable option for the sector. Registration to sign up for our next webinar ‘How to innovate in shipping’ is now open

International Future of Shipping

Charterparties may need amending to reach climate goals

‘There is wide scope for owners and charterers to consider provisions addressing technical and operational efficiency within charterparty riders, and in particular general clauses addressing vessel fuel efficiency,’ lawyers argue

International Environment

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