This year’s View from the Bridge 2023-2024 highlights how the shipping industry has advanced along the LNG pathway to decarbonisation in 2023 and outlines the progress anticipated in 2024.
Keyword: IMO GHG Strategy/ Net Zero
Decarbonization of shipping: An ambitious global test bed for green ships sets sail.
With 90% of traded goods being transported across the ocean, the shipping industry stands at the heart of the global economy.
Shipping is sizing up energy transition opportunities
After a year in which decarbonisation regulations were agreed to be sharpened at both IMO and EU level, the maritime industry advanced significantly towards meeting its long-range emissions targets in 2023, according to LR’s analysis of vessel ordering, technology and fuel developments.
Carbon capture set to provide shipping with zero-carbon pathway and cargoes
It was not very long ago that the mention of carbon capture on board ships was met with raised eyebrows and polite incredulity.
IBIA: Key priorities to shape the bunker industry’s future positively
As the new Executive Director of IBIA since September 2023, Alexander Prokopakis refers to key priorities on the agenda, highlighting that a multifaceted approach addressing technological, regulatory, and operational aspects as well as collaboration are vital for a more sustainable future.
Cleaner Oceans, Greener Future: The Impact of Sustainable Marine Fuels
Sustainable marine fuels are finally gaining more traction as governments and private companies around the world look to decarbonise the shipping industry.
Shipping gears up to meet 5-10% low carbon fel target, but will fuels be available?
The IMO targets for the use of zero or near zero fuels in 2030 can be met using sutainable biofuels
Greek shipowners call for governments to back IMO green transition policies.
It has also called for a common approach to regional measures, such as the EU Emissions Trading Scheme (ETS).
IMO in 2024: Working on the policies to turn net-zero target into reality
In 2023, the International Maritime Organisation adopted a new strategy for shipping’s greenhouse gas emissions, targeting net zero emissions by 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.