Decade of Decarbonization

US, Denmark and Norway commit to ensure hundreds of zero-emission ships are in operation by 2030

2021-06-02- International cooperation to decarbonise shipping is pressing ahead with a new Zero-Emission Shipping Mission as part of Mission. . . READ MORE

Skou sees bunker tax hitting $450 per tonne

2021-06-03- Søren Skou, CEO of A.P. Moller – Maersk, has put a dollar figure on what he’d like to see for a carbon tax for shipping. . . READ MORE

Greece Supports Emission Fund, Calling for Charterers to Pay for CO2

2021-05-04- Greece’s minister of shipping became the latest official to put forth a series of proposals to the European Commission as it prepared . . READ MORE

GLOBAL: NEW CROSS-INDUSTRY PROJECT WILL ASSESS DECARBONISATION PATHS FOR EXISTING FLEET

2021-05-13- American Bureau of Shipping, A.P. Moller – Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Seaspan Corporation, Total and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping will embark on a project to assess the options. . . READ MORE
Source: BUNKERSPOT

X-Press Feeders among six shipping investors in Mikal Bøe’s nuclear venture

2021-05-18- Tim Hartnoll-led X-Press Feeders, the largest independent common carrier in the world, has bought into CORE POWER, a British firm developing advanced atomic power solutions for shipping. . . READ MORE

Investigative documentary into shipping emissions premieres

2021-05-24– Many famous names in world shipping including the secretary-general of the International Maritime Organization (IMO). . . READ MORE

Vancouver launches Operation Flagship to support emissions reduction

2021-05-24– The Vancouver Maritime Centre for Climate (VMCC) has announced the launch of Operation Flagship. . . READ MORE

Biden to Push IMO Member States to Adopt Zero Emissions by 2050 Goal for Shipping

2021-04-26- The Biden Administration will push International Maritime Organization Member States to to adopt a goal of achieving. . . READ MORE

EUROPE: EP ADOPTS RESOLUTION ON MEASURES FOR CLEANER MARITIME TRANSPORT

2021-04-29- The resolution, adopted by the European Parliament on 27 April, sets out key technical and operational measures. . . READ MORE
Source: BUNKERSPOT

Container shipping could go carbon neutral right now

2021-04-30- The container shipping sector is clearly beginning to take step towards the IMO 2050 goals of reducing carbon emissions by 50%. . . READ MORE

Lookout on the I.M.O. Sailing Up the Clyde to Glasgow

2021-04-29- The greening of shipping, as well as other transport modes, is a major theme for the first half of 2021, happily- stealing headlines from. . . READ MORE

Cargill Steps Up Push to Cut Carbon Emissions from Shipping Fleet

2021-04-30- Cargill, one of the world’s biggest charterers of ships, has cut nearly 1.5 million tonnes of gross carbon emissions from its. . . READ MORE

Nine pathways to support decarbonisation in the maritime industry

2021-04-21- The International Advisory Panel on Maritime Decarbonisation (IAP) formed in July 2020 by the Singapore Maritime Foundation (SMF), with the support of the Maritime and Port Authority. . . READ MORE

Singapore panel on maritime decarbonisation unveils recommendations

2021-04-16- Singapore’s International Advisory Panel (IAP) on Maritime Decarbonisation has unveiled its recommendations grouped into four strategic objectives. . . READ MORE
Source: Seatrade Maritime News

BW, EPS and ONE among partners in $90m Singapore decarbonisation centre

2021-04-21- Six major shipowners and industry players are backing a new SGD120m ($90m) Maritime Decarbonisation Centre in Singapore. . . READ MORE
Source: Seatrade Maritime News

Exxon Mobil Floats Carbon Capture and Storage Project in Gulf of Mexico

2021-04-20- Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions. . . READ MORE

UK to include shipping emissions in new round of carbon targets

2021-04-21- The UK’s sixth carbon budget will incorporate the country’s share of international aviation and shipping emissions for the first time. . . READ MORE

U.S. to join effort to curb climate-warming emissions from shipping

2021-04-21- The United States will join an international effort to achieve zero emissions by 2050 in the global shipping industry. . . READ MORE
Source: Reuters

US to work with Denmark to lead shipping decarbonisation

2021-04-26- Concluding the Joe Biden-led global climate summit last Friday, Jennifer Granholm, the US secretary of energy. . . READ MORE

Biden’s ambitious GHG cuts will target shipping

2021-04-26- President Joe Biden on Thursday officially announced the new target for the US to achieve a reduction of up to 52% from the 2005 level of greenhouse gases. . . READ MORE

World Bank urges governments to stop spending on LNG bunkering infrastructure

2021-04-16- The World Bank has a new report out this week on decarbonising maritime transport in which it specifically recommends countries pull back from investing in further. . . READ MORE

$3.4trn: Stopford puts a price tag on the global fleet upgrade needed through to IMO 2050

2021-04-16- The world’s most famous shipping economist, Dr Martin Stopford, has put a dollar figure estimate on what shipping will need to spend on the global. . . READ MORE

IMO 2030 compliance becoming more of capex issue than technical for shipowners

2021-04-19- With the IMO 2030 and 2050 targets for CO2 reduction, coupled with rising fuel prices in the wake of the 2020 global sulphur cap, decarbonisation. . . READ MORE
Source: Seatrade Maritime News

Stena Bulk sets 2050 net zero target

2021-04-09- Swedish shipowner Stena Bulk has rolled out a set of five dated decarbonisation targets aiming to become a net zero business by 2050. . . READ MORE

EUROPE: CARBON EMISSIONS IN PORT OF ROTTERDAM ‘DROP SWIFTER THAN NATIONAL AVERAGE’

2021-04-09- The Port of Rotterdam has reported that its total carbon emissions over the past five years dropped by 27%, compared to the Netherlands’. . . READ MORE
Source: BUNKERSPOT

Greek and Swedish shipowners weigh in with their own vision for Europe’s emission trading plans

2021-04-13- An alliance of Greek and Swedish shipowners, along with NGO Transport & Environment (T&E), has called on the European Commission to put the polluter. . . READ MORE

Meriaura lays out new carbon neutral concept

2021-04-01- Finnish shipowner Meriaura Group has started the preparation and design of a transport concept that targets 100% carbon neutrality by 2024. . . READ MORE 

Japan’s Mitsui OSK Plans $1.8B Investment by 2023 to Reduce Emissions

2021-04-05- Japan’s Mitsui O.S.K. became the first of the large Japanese shipping companies to map out a plan to achieve zero emissions from its fleet by 2050. Nikkei Asia. . . READ MORE

China looks at adding shipping to the world’s largest emissions trading scheme

2021-03-09– The world’s largest emissions trading scheme (ETS) kicked off last month, and shipping has been warned today it could be included in it. . . READ MORE

K Line creates carbon neutral division

2021-03-09– Japanese shipping major Kawasaki Kisen Kaisha (K Line) is sharpening its focus on developing green solutions for its operations. . . READ MORE

Stena Bulk unveils InfinityMAX concept vessel design, challenging conventional thinking

2021-03-09– Leading tanker shipping company Stena Bulk has today unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi-modal vessel design in shipping. . . READ MORE
Source: SHIP Management International

BOEM Completes Review for First Offshore Wind Farm in Federal Waters

2021-03-08– The U.S. Bureau of Ocean Energy Management (BOEM) has issued its long-awaited final environmental impact study (FEIS) for the Vineyard Wind project off Massachusetts. . . READ MORE

Industry backs United Nations $5 billion ‘moon-shot’ programme to decarbonise shipping

2021-03-10– Responding to the UN Secretary-General’s call for “urgency and ambition” on climate change, the entire global shipping industry is giving “full and unequivocal” backing to a moon-shot proposal submitted by governments. . . READ MORE
Source: International Chamber of Shipping

Shipping industry needs to talk market-based measures

2021-03-02– BIMCO is encouraging states and the industry to start a dialogue on how to create a global ruleset for market-based. . . READ MORE
Source: SHIP Management International

IMO Seen as Best Suited for Developing a Future Carbon Market for Shipping

2021-03-03– The International Maritime Organization is expected to codify a transitional (i.e. 2030) energy efficiency pathway for commercial ships in an upcoming. . . READ MORE

Global shipping CO2 emissions down by 1% during 2020

2021-03-05– Shipping’s CO2 emissions fell 1% during 2020, with the COVID-19 pandemic affecting the shipping activity. . . READ MORE

Unilever develops Virtual Ocean Control Tower on path to net zero emissions

2021-03-08– Unilever, one of the world’s largest consumer goods companies, is coming good on its pledge last year to reach net zero emissions for all its products by 2039. . . READ MORE

Seven out of 10 bulk carriers not ready for EEXI

2021-03-01- Seven out of 10 bulk carriers are ‘non-eco’ with the Energy Efficiency Existing Ship Index (EEXI) likely coming into existence. . . READ MORE
An overview of potential MBMs under IMO initial GHG strategy

2021-03-01- A new report, published by the Technical University of Denmark (DTU) and commissionned by Danish Maritime Authority. . . READ MORE

Decade of Wind Propulsion campaign aims for ‘rapid’ decarbonisation

2021-02-17– The International Windship Association (IWSA) is spearheading a ‘Decade of Wind Propulsion’ campaign to accelerate the adoption of hybrid alternative. . . READ MORE
Source: Seatrade Maritime News

Six cents per pair of sneakers: what consumers will pay for shipping to go green

2021-02-22 – What will be the cost to consumers of shipping going green? About six cents per pair of Vietnamese made running shoes, according to the boss of the world’s largest. . . READ MORE

GLOBAL: LACK OF REGULATORY FRAMEWORK ‘HOLDING UP’ DECARBONISATION INVESTMENT

2021-02-22 – The lack of a clear regulatory framework on which shipowners and operators can base their investment decisions is holding up the energy transition and. . . READ MORE
Source: BUNKERSPOT

Michelin joins shipping’s aim for decarbonization

2021-02-15 – Tire manufacturer Michelin has agreed to ship some of its tires using two sail-powered cargo ships being. . . READ MORE

Davos turns its attention to decarbonising shipping

2021-01-27 – The Mission Possible Partnership (MPP), launched today at the Davos Agenda, is a new coalition formed by the Energy Transitions Commission. . . READ MORE

Green Companies Complete First Carbon-Neutral Container Shipment

2021-02-01 – A group of green companies working together all along the shipment process is claiming the honors of having completed the world’s first carbon. . . READ MORE

Weathernews launches carbon monitoring service – planning carbon trading platform

2021-01-12 – The new Carbon Monitoring Intensity (CMI) service collects all required data via interactive reporting tools and provides ‘multi-layered data verification’ for the calculation of a vessel’s Energy Efficiency . . READ MORE
Source: ship.energy

Getting to zero: taking a reality check on carbon reduction ambitions

2021-01-14 – New research from Channoil Consulting, in association with Gibson Shipbrokers, suggests that the short-term outlook for shipping could be a ‘lower carbon’ one rather than full-on decarbonisation. . . READ MORE
Source: ship.energy

Global: Maersk to Establish Dedicated Decarbonisation Team

2021-01-08- The global shipping company has announced it is setting up a new dedicated team to accelerate the decarbonisation of its own operations . . READ MORE
Source: BUNKERSPOT

Could Flow Battery Technology Help Shipping Decarbonize?

2021-01-08- Canadian mining company VanadiumCorp announced this week that it has reached an agreement with a Dutch naval architect. . . READ MORE

Year in Review: Smart achievements of 2020 arising from a pandemic

2020-12-30- 2020 was a long-waited year with the industry focusing on the IMO’s 2020 sulphur cap. Yet, what all of us did not. . . READ MORE

IMO Plan to Curb Shipping’s Carbon Emissions Triggers Criticism

2020-11-18- The organization responsible for setting global environmental standards for shipping approved rules designed to curb. . . READ MORE