In the fourth article of our six-part series reviewing the changes introduced by the new EU rules set to apply from 1 January 2024, we look at the exclusions to the EU ETS, the penalties for non-compliance, and how the EU plans to address any attempts to avoid the new measures.
Fuel/Energy Type: All
Shipping Companies’ Transition Pathways Remain Unclear: Technological Maturity of Alternative Fuel Poses Key Challenge for Rapid Decarbonisation
Vessel replacement and retrofitting to adapt to alternative and often more expensive fuels requires significant investments.
Tool helps shipping stakeholders identify best ports for developing sustainable first mover initiatives
Lloyd’s Register (LR) Maritime Decarbonisation Hub and Environmental Defense Fund (EDF), in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transition away from fossil fuels
Words matter: Net is not zero
Madadh MacLaine, secretary-general of the Zero Emissions Ship Technology Association, is a fan of our lead columnist. Here, she dives into the unacceptable wiggle room some environmental terminology can give our industry.
The decarbonisation of maritime transport: navigating between a global and EU approach
Maritime transport accounts for ~3% of global anthropogenic greenhouse gases (GHGs), yet is not covered by the Paris Agreement
objectives
New study: Potential of Wind-Assisted Propulsion for Shipping
The potential of wind assisted propulsion systems as a power source in the shipping sector is analysed in a new report released by EMSA
White paper on Environmental Ship Index published
IAPH launched this week a dedicated white paper on the Environmental Ship Index (ESI), citing testimonials from world ports on how to use the index to facilitate vessel emissions reductions
IRENA and DP World Join Forces to Advance Decarbonisation Solutions for Ports and Maritime Logistics
The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based global supply chain solutions company
LNG demand for bunkering to intensify in Med with new emissions rules
With the Mediterranean set to introduce stricter limits on maritime emissions in just over 18 months time, market players in the region are
already predicting that LNG is well placed as an alternative to more traditional — and polluting — marine fuels.
Singapore’s first electric cargo vessel debuts
The first fully-electric cargo vessel in Singapore was launched by consortium Goal Zero on Thursday (Nov 23) at Raffles Marina.