Methane slip being eliminated as LNG uptake accelerates

Significant progress is being made to eradicate methane slip as uptake of the LNG pathway accelerates, and this is worth underlining. With continued collaborative efforts across the value chain, methane slip will be eliminated for all engine technologies within the decade.

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.

MOL and Chevron Shipping Company to Install Wind Challenger on LNG Carrier Wind-Assisted Ship Propulsion Systems is an LNG Shipping First

As part of their ongoing commitment to lower the carbon intensity of their operations, Mitsui O.S.K. Lines, Ltd. (MOL) and Chevron Shipping Company LLC (Chevron), a subsidiary of Chevron U.S.A. Inc., announced an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed by MOL and Oshima Shipbuilding together (Note 1), to a new build LNG carrier under long term charter from MOL Encean Pte. Ltd. (MOL’s 100% indirectly owned subsidiary) to Chevron Asia Pacific Shipping Pte. Ltd.

BioLNG progressing as a marine fue

Gasum’s bioLNG supply deal with Hapag-Lloyd marks a step forward in shipping’s decarbonisation journey, leveraging renewable fuel to reduce lifecycle emissions.

Laying out the cards on LNG as a liner option

As container companies continue a record spell of new ship contracting, fuel choice is a key challenge.

Is contributing to a just and equitable transition that leaves no state behind an empty slogan?

The International Maritime Organization’s 2023 Revised Strategy for reduction of emissions from ships includes provisions which direct a just and equitable transition. Under the agreed timelines, IMO member states must secure agreement on both technical and economic elements in the basket of measures to reduce GHG emissions by April 2025.

How the Shipping Industry Is Trying to Cut Its Billion Tons of CO2 Emissions

Shipping’s global regulator is pushing the industry to achieve net zero greenhouse gas emissions by mid-century. Getting there will mean transforming a sector that’s still largely powered by fossil fuels and accounts for about 3% of human-made carbon dioxide.