Six hundred vessels ordered over the past year will help drive the maritime industry towards its decarbonisation targets.
Topic: SHIPPING
LNG powers unprecedented year for orders of alternative-fuelled vessels
According to the latest data from DNV’s Alternative Fuels Insights (AFI) platform the maritime industry’s exceptional newbuilding year 2024 drove a significant rise in orders for alternative-fuelled vessels.
DNV launches competence standard and recommended practice for safe use of methanol and ammonia as fuel on ships
DNV has released a competence standard (ST) for methanol and a recommended practice (RP) for ammonia, to enable crew and shipowners to tackle the safety risks and challenges posed by the introduction of new alternative fuels and technologies through shipping’s decarbonization.
Japan eyes methanol as marine bridging fuel
Japanese demand for methanol as an alternative marine fuel is expected to increase, especially after 2027, but it is likely it will mainly be used as a transition fuel before the commercial launch of ammonia- and hydrogen-fuelled vessels.
Study finds LNG dual-fuel vessels lowest cost compliance solution to decarbonise shipping
Industry coalition SEA-LNG analysis shows that LNG dual-fuelled vessels provide the lowest compliance cost for meeting EU and IMO decarbonisation regulations.
Maritime, clean fuel projects in the spotlight of EU’s STEP initiative
Several maritime and alternative fuels projects are among initiatives that have been awarded the Strategic Technology Platform for Europe (STEP) label in a new initiative of the European Commission to boost investment in critical technologies in Europe and support the local industry.
Global shipping finance portfolio moves closer to alignment with net zero climate goals
ontinued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), aiming to remove emissions from international shipping by 2050.
Governments Expected to Agree on World’s First Levy on Shipping Emissions At Upcoming IMO Meeting
Countries are expected to close in on a global shipping levy at next week’s International Maritime Organization meeting in London.
UN talks on a global carbon price on shipping enter final stage
Governments are expected to close in on key shipping climate laws-including a global carbon price-at the 18th intersessional meeting at the UN’s International Maritime Organization (IMO), on 17-21 February in London.
A strong carbon tax on shipping can give hope to climate-vulnerable communities
The International Maritime Organization is nearing a deal to price shipping emissions – it should be in the form of a levy that benefits the Global South