Shipping’s choice of alternative bunker fuel will be framed by a host of factors but led by price and, on current showing, it seems that both liquefied natural gas and oil-derived fuels should stay in the running for the foreseeable future, according to energy transition analyst Rhidoy Rashid.
Keyword: IMO GHG Strategy/ Net Zero
Shipping sector lands deal for supply of 11 million tons of green fuel
Companies such as Bunker Holding, Trafigura and MAN have signed the agreement, committing them to work towards a large-scale production of green fuel.
Any fossil fuel phase-out deal at COP28 must inlcude global shipping (commentary)
Earlier this year, countries at the UN agreed to step up climate action on one of the world’s greatest polluters: global shipping.
Fuelling the Future of Shipping: Key Barriers to Scaling Zero-Emission Fuel Supply
This report highlights the top 10 barriers limiting zero-emission fuel projects from getting past the final investment decision
phase.
Looking beyond the engine: COP28 needs to focus on the availability and scalability of fuels
As all eyes turn to Dubai for COP28, the magnitude of the clean energy shipping challenge before us is daunting.
Shipping leaders and green hydrogen producers agree on ambitious uptake targets for 2030 to enable a net zero maritime sector
Shipping sector leaders have committed to scaling up zero-emissions fuel derived from renewables-based hydrogen to nearly 11 million tonnes by 2030, sending a clear signal to the nascent industry.
Harnessing the oceans to ‘bury’ carbon has huge potential – and risk – so NZ needs to move with caution
Climate change might not be high on its immediate agenda, but New Zealand’s new government does have one potentially significant and innovative policy.
NextGEN Connect-Green Voyage2050 Project points to critical role of regional energy hubs in supporting maritime decarbonisation
A collaboration between Singapore, Norway and the IMO, NextGEN Connect-Green Voyage2050 Project, identified a key role for regional hubs to help connect large demand clusters and remote locations, with regional fuel supply sources, in order to enable a more inclusive and effective transition to a low-carbon maritime future.
Early movers crucial in closing $200 per container cost gap for zero emissions shipping in green corridors
A new report released today at the margins of COP28, details the annualised total costs of zero emission container vessels and the cost
difference on a per container basis for transpacific and coastal ships under different fuel pathways.
Training seafarers for a decarbonized future
A new training project will prepare seafarers for zero or near-zero emission ships, helping the global shipping industry decarbonize and ensure a just transition for seafarers.