The international shipping sector, made up of thousands of massive cargo ships laden with many of the goods we buy, emits carbon dioxide (CO₂) roughly equivalent to the entire country of Germany.
Topic: SHIPBUILDING & SHIPREPAIR
LNG shipping capacity growth risks climate and financial failure, warns report
Massive over-ordering of LNG carriers is endangering climate goals while the excess of capacity could lead to stranded assets for operators as demand for the fossil fuel wanes, according to a new report.
Global LNG fleet’s annual CO₂e emissions soar past 12 billion tonnes while orderbooks shrug off overcapacity warning, study finds
LNG shipping giants continue to ramp up vessel orders despite stranded asset risks, potential decades of carbon lock-in, and a mounting emissions toll
Marshall Islands trials out new first low carbon cargo ship, ADB interested in the RMI ground-breaking initiative
One of the world’s ground-breaking low carbon sailing cargo ship, the SV Juren Ae, is now operating in the Republic of Marshall Islands, after the government took delivery of the vessel in July last year.
DNV: Methanol and LNG go ‘head-to-head’ in April alternative-fueled vessel orders
Methanol and LNG saw similar numbers of new vessel orders in April, with 24 and 20 respectively out of 49; two new orders for hydrogen-fuelled vessels in the cruise segment were placed.
The Role of Shipbuilding in Maritime Decarbonisation
Maritime transport underpins global trade, moving around 80% of goods worldwide.
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.
First trials for Holland Shipyards’ second hydrogen vessel
On 4 March, Holland Shipyards Group successfully completed the first trials for Future Proof Shipping’s H2 Barge 2. It is the shipbuilder’s second zero-emission inland navigation ship that is powered by hydrogen.
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
These electric ferries may set a new standard around clean public transportation
Many cities around the world see clean and efficient public transport as a crucial way to lower their carbon emissions.