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.

Governments plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows

A major new report published today finds that governments plan to
produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C

Fuel for though: Methanol for Passenger ships

This report explores the various aspects that encompass the readiness and potential benefits of methanol as a marine fuel for the Passenger ship industry, including Cruise ships, Ferries, RORO and RoPax vessels.

Wärtsilä collaborates with leading naval engineeringn firm to reduce port emissions across North America

Technology group Wärtsilä has entered into a collaboration agreement with Seattle, USA based naval architecture and marine engineering firm, Elliott Bay Design Group (EBDG), to further develop EBDG’s Clean Harbor Alternative Mobile Power (CHAMP) Barge design.

World’s First Use of Ammonia as a Marine Fuel ina Dual-Fuelled Ammonia-Powered Vessel in the Port of Singapore

Fortescue, with the support from the Maritime and Port Authority of Singapore (MPA) government agencies, research institutes, and industry partners, has successfully conducted the world’s first use of ammonia, in combination with diesel in the combustion process, as a marine fuel onboard the Singapore-flagged ammonia-powered vessel, the Fortescue Green Pioneer, in the Port of Singapore.

QatarEnergy to build 18 of largest ever LNG vessels in China under $6bn deal

QatarEnergy seals a $6bn deal with China for the construction of 18 mega LNG vessels, marking the industry’s largest single shipbuilding contract.

Green jobs and maritime decarbonisation

The transition to scalable zero-emission marine fuels has the potential to create up to four million jobs across the energy supply chain by 2050

Alternative Fuels: Many Possibilities But a Clear Path is Evasive

As the world zeroes in on alternative energy sources and products that can deliver power and performance, there are advances that could sway even the most hardened skeptic.

New hydrogen demand report unveils once in a generation opportunity

The International Chamber of Shipping (ICS) launches new report identifying that heavy Industry sector are expected to dominate global hydrogen demand to 2050, with South Korea, Japan and Europe being the first markets for hydrogen.