In Tuesday’s press release, Opportunity Green said that the EU Taxonomy should act as the standard for informing ethical and sustainable investments.
Fuel/Energy Type: LNG
Without more action, LNG could pull international shipping off its decarbonization course
The International Maritime Organization’s (IMO) 2023 greenhouse gas (GHG) strategy aims for
international shipping to reach net-zero GHG emissions by or around 2050.
Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead.
Clarksons’ data shows that the largest share of alternative-fuelled orders in 2023 was still LNG dual fuel, albeit with an increase to 125 orders of methanol dual fuel vessels in 2023.
The Oil and Gas Industry in Net Zero Transitions
The Oil and Gas Industry in Net Zero Transitions analyses the implications and opportunities for the industry that would arise from stronger international efforts to reach energy and climate targets
Global Shipping’s $3.6 Billion Carbon Bill Is Six Weeks Away
Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s almost certainly going to rise as the continent steps up efforts to combat climate change.
EU backs global shipping levy as it seeks to deflect carbon trading criticism
The European Union’s controversial carbon emission trading scheme looks set to get off the ground on schedule next year without a hint of a legal or diplomatic challenge.
Vale adopts wind power on world’s largest ore carrier
Vale signed a contract with Omani shipowner Asyad to install rotor sails on a Valemax, the world’s largest ore carrier, which is 362 meters long, 65 meters wide and able to carry up to 400,000 metric tons of cargo
Comment: Why wave-devouring propulsion holds promise for low carbon shipping
With the global shipping sector under increasing pressure to adopt new emissions-busting technologies, Cranfield University’s Dr Liang Yang, explores the potential of so-called “wave-devouring” propulsion systems that take their inspiration from the natural world
Shipping: Malta, Greece and Cyprus hold tripartite meeting in Athens
Minister for Transport, Infrastructure and Capital Projects Aaron Farrugia participated at the eighth tripartite meeting on maritime affairs in Greece with Minister of Maritime Affairs & Insular Policy of the Hellenic Republic (Greece) Christos Stylianides and Deputy Minister for Shipping of Cyprus Marina Hadjimanolis, with the aim of consolidating a common position on maritime affairs both at international and regional level.
ESG Economist – LNG is not the holy grail for shipping
In the aim of limiting global warming to 1.5 degrees, the shipping industry has an important role to play.