A full methanol retrofit for passenger ships is a less commercially attractive prospect than the use of blended fuels (Blend B30), heavy fuel oil (HFO), and heavy fuel oil equipped with onboard carbon capture and storage technology (oCCS), a new report from classification society Lloyd’s Register has found.
Topic: SHIPPING
Decarbonisation storm hits global shipping
Sea trade is under massive pressure to change as the global population of 61,000 ships collectively weighing in at over 2.1 billion tons deadweight is responsible for over 3% of current CO2 emissions and still rising.
Hong Kong’s Marine Department to offer decarbonization incentive to HK registered ships
As announced in the budget speech delivered by Financial Secretary Paul Chan on 28 February, the Marine Department will this year and through to 2026, will offer cash incentives to registered ships based upon their carbon intensity performance.
ESG Economist – LNG is not the holy grail for shipping
In the aim of limiting global warming to 1.5 degrees, the shipping industry has an important role to play.
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.
E-diesel in the shipping sector: Prospects and challenges
E-fuels, in particular e-diesel, will have to play a key role in replacing fossil fuels in shipping and thus promote climate change mitigation in this sector.
Mapping of global financial support opportunities for zero-emission ships and energy efficiency
The study consists of a report done in an illustrative Power Point format, and an Excel sheet that dives into the specifics of the funding opportunities and provides direct access through URLs.
Shipping: Malta, Greece and Cyprus hold tripartite meeting in Athens
Minister for Transport, Infrastructure and Capital Projects Aaron Farrugia participated at the eighth tripartite meeting on maritime affairs in Greece with Minister of Maritime Affairs & Insular Policy of the Hellenic Republic (Greece) Christos Stylianides and Deputy Minister for Shipping of Cyprus Marina Hadjimanolis, with the aim of consolidating a common position on maritime affairs both at international and regional level.
Is climate change generating problems for liner shipping schedules?
Weather-related factors are emerging as the most dominant factor influencing global liner schedule integrity, Ocean Network Express (ONE) chief executive Jeremy Nixon says.
EU backs global shipping levy as it seeks to deflect carbon trading criticism
The European Union’s controversial carbon emission trading scheme looks set to get off the ground on schedule next year without a hint of a legal or diplomatic challenge.