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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

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

Asia Pacific Singapore

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

Roro Passenger

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

International Tankers and Gas

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

International Containers

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

Denmark Maersk Group

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

Sustainability Environment

Turnkey LNG conversion concept shows promise

More than 100 containerships could be potential candidates for the innovative liquefied natural gas conversion

Containers Ship repair

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

International Dry Bulk

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

EU Greece

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 Passenger

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

Greece Tankers and Gas

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

Environment Fuels
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