There is a growing realisation in shipping that nebulous net zero pledges are starting to require action and investment, and will be harder to achieve than first thought. The divide between those who can and can’t be relied upon is widening
The IEA urged governments to support clean hydrogen as delays are hindering investment decisions and costs rise
Ultra-large containership would consume 326 tonnes of ammonia per day at an operating speed of 16 knots, three times more than using conventional fuel. Meanwhile, many additional safety aspects have to be considered. But tests have shown ammonia looks less dangerous to bunker than thought
Four state-owned Chinese companies including Cosco Shipping, agree to work together to create a supply chain for green methanol. Sources say it will be biomethanol made in northeastern China
Liner boss told European summit that while customers may support decarbonisation, most are still in denial there will be a cost to the energy transition
The FuelEU Maritime will come into force in 2025 to cut shipping emissions of vessels that call at EU ports by setting strict targets
The EU will align its regional emissions rules with those of the IMO — as long as the global regulator adopts regulatory tools the bloc deems ambitious enough, a panel was told
With the successful deployment of new technology in Laura Maersk, HD Hyundai now intends to speed up the development of mid-sized ammonia fuel engines, says COO & head of ship sales Seungyong Park
Milestone partnership between two of the largest container lines aims to accelerate decarbonisation plans, scale sustainable fuel supplies and take a more direct approach to regulatory conversations
Maersk is to be applauded for its ambition. But for mass adoption of methanol fuel to make environmental sense, the molecule shipping uses must be truly green — and there is plenty to suggest it won’t be
As London International Shipping Week 2023 draws to a close, the Lloyd’s List editorial team offer up their concluding thoughts on a week of essential debate
’If we had waited for the perfect solution we’d not have enough time to reach our commitment to reach net zero greenhouse gas emissions by 2040,’ says Maersk chief executive Vincent Clerc
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