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Environment

The Lloyd’s List Podcast: Shipping's moonshot — zero-emission vessels by 2030

Shipping’s first major far-reaching moonshot initiative is here. The Getting to Zero coalition has set its eyes on delivering commercially viable zero-emission vessels by 2030. On the podcast this week to explain what the coalition is all about are the Environmental Defense Fund’s Baroness Bryony Worthington and Tristan Smith from the University College London Energy Institute and University Maritime Advisory Services

Climate concern will end shipping ‘as you know it’, warns Citi banker

The climate change agenda is making such quick inroads into shipping that some shipping companies may think their best option is to sell their company, says a banker behind the Poseidon Principles 

Change is exciting or terrifying — you decide

So much has changed in the global economy over the past 20 years that shipping would be foolish to believe the pace of change will ease by 2030 or 2040. Change is the catalyst for growth

China ramps up cement imports

The move by China to source cement from Vietnam could have a double boost for dry bulk, as Vietnam would require more coal in the energy-intensive process of cement production, according to Braemar research

Ballast water focus must shift from equipment to compliance, workshop hears

Workshop participants agreed that progress in ballast water treatment was being held back by an attempt to attain absolute elimination of invasive species, while removing the need to hit a ‘magic number’ would have helped to solve many problems

Class NK joins decarbonisation coalition

Class NK joins competitors Lloyd’s Register and ABS in cross-industry coalition to develop zero emissions vessels by 2030

Viewpoint: Speed or power?

Slowing down to save the environment is an easy fix that produces instant results, but it does not encourage the shipping fraternity to invest in innovation

Hamburg looks to shore-based power to cut emissions

The port will spend around $83.5m to power up berthed boxships with electricity from 2023

Cargill joins Maersk Tankers and Mitsui for decarbonisation project

The three companies will collaborate to utilise existing technology and develop new decarbonisation devices as they push the climate change agenda

Fuel DNA tracking finds favour ahead of 2020

A number of large shipowners and at least five ports are interested in a new fuel product that utilises blockchain

Boxship order slowdown offers opportunity for new technologies

Industry discipline and reduced ordering could provide a golden opportunity to meet IMO 2050 demands

Intercargo says uncertainty dominates sulphur cap outlook

Fears are growing that the blanket application of the 2020 sulphur rules is too draconian and clumsy a measure for an industry as diverse as shipping. Dry bulk owners in particular are aghast that that their line of work is being made comparable to other types of shipping

Eastern Pacific supersized its dual-fuel LNG boxship order to 22 ships

Idan Ofer’s speculative order of 15,000 teu LNG dual fuel ships was significantly bigger than initially thought. In addition to the 11 vessels already chartered to CMA CGM, a further 11 sister ships are due to be delivered between 2021-22

The allure of carbon offsets and transitional fuels

Tristan Smith presents the argument to Lloyd’s List that investing in the wrong decarbonisation options could be dangerous

Stena Bulk and Proman Shipping form methanol-fuelled tanker partnership

The joint venture will begin with two medium-range tankers that have not been ordered yet, but are expected to be delivered in 2022

Minoan Lines aims for ‘green ships, no debt’

Minoan Lines has positioned itself to thrive in 2020, but fuel costs remain a volatile factor for any ferry operator

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