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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

Recruitment for maritime must focus on job relevance

Shipping’s transformation to an era of decarbonisation and digitalisation will demand new skills. The industry has not cast its net out far enough or explained the vision adequately

United Kingdom Technology and Innovation

Milder Omicron variant seen supporting tanker rates rebound

Crude tanker supply surplus to persist as oil demand returns to pre-pandemic levels in 2022, says International Energy Agency

International Tankers and Gas

Zim signs $400m charter deal for three LNG-fuelled boxships

Vessels will be added to a line-up of 15 dual-fuel newbuildings of the same size that Zim has locked in from the long-term contracts signed with Seaspan last year

Asia Pacific Middle East and Africa

Carbon price ‘around $200’ would fully decarbonise shipping — study

A study found a mix of market-based and command-and-control policies was required to make zero-emission fuels competitive. But these had to ensure fairness to developing countries

International Sustainability

Torm pledges to meet carbon emission goals by 2025

Danish shipowner to adopt tougher climate change standards five years ahead of global regulation

Europe Tankers and Gas

MPC Capital orders methanol-ready 5,500 teu quartet at Hanjin

‘We are convinced that the demand for new containerships with favourable specifications, a low consumption and high environmental ranking will increase,’ says managing director of shipping Christian Rychly

Asia Pacific Europe

Green lobby seeks harder deadline as shipowners hail carbon market win

The emergence that the EU is considering shifting the burden of paying for carbon market credits to charterers, as part of draft amendments being thrashed out in Brussels, has been welcomed by shipowner groups

Europe EU

Exclusive: EU proposal would make charterers pay for emissions

Changes to the EU ETS would add a binding clause to make charterers responsible for the costs of buying allowances, in a win for shipowners. The proposals would also shorten the transition period by a year and add emissions of methane, as well as CO2, to the carbon market

Europe EU

‘Pollution-free’ voyages possible using rotor sails and hydrogen fuel cells

International Council of Clean Transportation study shows intra-country, pollution-free voyages possible using two technologies if renewable hydrogen is used

Environment International

Maersk brings forward decarbonisation goal

Maersk wants to halve carbon intensity at sea by the end of the decade and be net zero 10 years later. But sourcing fuels will be a challenge, and the company expects to have to shoulder a part of the cost

Europe Denmark

Oldendorff bulker trials biofuels on voyage from Australia

This is the second biofuels trial being carried out on an Oldendorff bulker in a year. Results of the latest trial will be used to test the supply chain as well as to gain greater experience of practical issues involved with using renewable fuels

Dry Bulk Fuels

MOL’s ammonia bunkering vessel project moves forward

The design incorporates extensive safety measures in consideration of ammonia’s toxicity, with a risk assessment conducted before the approval in principle was granted by the American Bureau of Shipping

Asia Pacific Sustainability
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