As all eyes turn to Dubai for COP28, the magnitude of the clean energy shipping challenge before us is daunting.
Topic: TECHNOLOGY
Shipping leaders and green hydrogen producers agree on ambitious uptake targets for 2030 to enable a net zero maritime sector
Shipping sector leaders have committed to scaling up zero-emissions fuel derived from renewables-based hydrogen to nearly 11 million tonnes by 2030, sending a clear signal to the nascent industry.
Carbon calculators proliferate ahead of imminent EU ETS inclusion
With 26 days to go until shipping is included in the European Union Emissions Trading Scheme (EU ETS) brokers and tech firms are falling over
themselves to offer clients carbon calculators.
Harnessing the oceans to ‘bury’ carbon has huge potential – and risk – so NZ needs to move with caution
Climate change might not be high on its immediate agenda, but New Zealand’s new government does have one potentially significant and innovative policy.
Market Perspectives: Marine Fuel Market is in Transition and so are Alternative Fuels
Shipping’s choice of alternative bunker fuel will be framed by a host of factors but led by price and, on current showing, it seems that both liquefied natural gas and oil-derived fuels should stay in the running for the foreseeable future, according to energy transition analyst Rhidoy Rashid.
Carbon capture becomes focus for divisions at climate conference
Carbon capturee and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to
play in reaching the target of net zero emissions.
Shipping sector lands deal for supply of 11 million tons of green fuel
Companies such as Bunker Holding, Trafigura and MAN have signed the agreement, committing them to work towards a large-scale production of green fuel.
Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead.
Clarksons’ data shows that the largest share of alternative-fuelled orders in 2023 was still LNG dual fuel, albeit with an increase to 125 orders of methanol dual fuel vessels in 2023.
Carbon capture set to provide shipping with zero-carbon pathway and cargoes
It was not very long ago that the mention of carbon capture on board ships was met with raised eyebrows and polite incredulity.
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.