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Environment

Environment

The Lloyd's List Podcast: Shipping's nuclear option

Nuclear power is back on the agenda in shipping. The atomic evangelists behind the new generation of molten salt reactor (MSR) technology believe it can kick-start a second atomic era, in which climate change is the main driver of powerful, inexpensive and safe new energy solutions. On the podcast this week we talk to Mikal Boe, founder and chief executive of London-based Core-Power, about why nuclear now needs to move from the fringes of the environmental debate to become a serious part of shipping’s decarbonisation strategy

Middle East rivalries must come second to oil spill response

Help Lebanon surmount immediate crisis, establish the facts, then seek redress through the Civil Liability Convention. Most of all, prefer remedy through international law to more precipitate means

Shipping's ‘big three’ account for almost 80% of CO2 emissions

IMO data for 2019 shows that the bigger ships in the global fleet emitted more than 600m tonnes of CO2. Containers, bulkers and tankers made up the vast majority of both global emissions and voyages

Eastern Pacific selects ammonia and methanol for vessels

The diversified shipping company will partner with MAN Energy Solutions and methanol provider OCI NV to run some of its existing vessels on methanol and future newbuildings on both ammonia and methanol

LNG bunkering veteran raises boil-off gas risks

Start-up LNG Easy is mooting a bunkering concept that will send boiled off gas arising from ship refuelling operations to the shore

Israel faces compensation cap on ‘terrorist’ oil spill

Decision not to to subscribe to top layer of fund means Jerusalem may not get enough to meet outlays

New hull forms and training must be factored into future designs

A Mare Forum webinar has heard that shipbuilders’ reluctance to discuss new designs that would not fit production processes has left shipowners having to tweak existing vessels to meet emission targets

EU faces call to back green hydrogen and ammonia for shipping

Maritime stakeholders lobby the European Commission to promote the growth of green hydrogen and ammonia for shipping use

Box shipping prepares for new upcycle in post-pandemic recovery

When the current chaos in the supply chain eases, shippers face dealing with higher rates and emerging environmental costs

Iran tanker oil spill in Israeli waters ‘deliberate’

Lloyd’s List Intelligence data confirms Israel’s description of events surrounding the oil spill. Despite several instances where the Panama-flagged Emerald’s AIS is switched off, the tanker can be seen sailing past Israel at the point of the oil spill between February 1 to 2  

Georgiopoulos unveils hopes for breakthrough emissions project

New device has already been trialled on eight vessels and is expected to be on board 20 ships by the end of this month

ABN AMRO shipping head downplays ships as ‘stranded assets’

ABM AMRO’s Joep Gorgels does not expect to see ships becoming stranded assets for ‘many, many years’ as they will be needed to power global trade

BIMCO calls for global market-based measures for emissions

BIMCO joins calls to balance the cost of low- or zero-carbon fuels through market-based measures, saying first movers on decarbonisation would face significant disadvantages while fossil fuels are still much cheaper

OrbitMI teams up with Kongsberg Digital to analyse data

Kongsberg’s partnership with OrbitMI comes after agreement was reached with Lloyd’s List Intelligence to provide shipping and maritime intelligence to the Kognifai Marketplace

Dry bulk sector wants charterers to share decarbonisation costs

After a decade of challenging markets, extra capital needed to invest in new ships or new technologies was limited and sharing the costs would help, attendees of virtual event told

Hyundai Heavy agrees blue hydrogen deal with Saudi Aramco

CO2 emissions captured in the blue hydrogen production process will be returned to Aramco for extracting crude oil from exhausted fields to achieve zero carbon emissions

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