Report – Page 4

Assessing impacts of EU and US policies on accelerated deployment of alternative maritime fuels

To evaluate the impact of policies, analyzing how recent climate policies from the EU and US, specifically the US Inflation Reduction Act and EU ETS along with the FuelEU Maritime Regulation, affect the adoption and deployment of alternative marine fuels.
To identify the investment implications of these policies, focusing on the synergies of the US and EU policies.
To provide actionable insights for stakeholders.

Options for Reducing Methane Emissions from New and Existing LNG-Fueled Ships

To evaluate the effectiveness of various technological and operational measures to reduce methane emissions from LNG-fueled vessels, to assess the current status of LNG engine technology, and finally to provide recommendations for policy changes and technological improvements to mitigate methane emissions from LNG-fueled vessels.

Net zero and UK shipping

To examine the UK Government’s approach and progress towards decarbonizing the shipping sector, including international and domestic shipping, to meet net-zero emission goals, and to recommend necessary steps to ensure that the maritime sector of the UK will contribute to global emissions reductions

Policy Options to Decarbonize Ocean-Going Vessels

To identify policy recommendations for reducing greenhouse gas emissions from ships, addressing both international and local policy frameworks, with the aim of evaluating policy options for decarbonizing ocean-going vessels.

Climate Action in Shipping (Progress Towards Shipping’s 2030 Breakthrough)

To urge further progress through evaluation of the performance of the technology and supply sector, demand sector, finance sector, policy sector and civil society sector in shipping over the past year

Distributinig Carbon Revenues from Shipping

The report discusses which countries could access carbon revenues, for what purposes, and on what terms. It argues that revenues should be used to decarbonize shipping, enhance maritime infrastructure, and support broader climate aims. This (mix of options to use carbon revenues) would speed up shipping’s transition to zero-carbon energy, help build the necessary infrastructure, lower maritime transport costs, and result in climate benefits beyond maritime transport. It would also ensure that all countries, including those with no shipping industry or ports, could access carbon revenues. By developing a smart and flexible framework, the report shows how carbon revenues could be distributed to maximize climate benefits and support an equitable transition.

The role of energy efficiency regulations

The characteristics of the EEDI, EEXI, and CII regulations on ship energy efficiency and their practical impact on the maritime industry were analyzed. The role of each stakeholder in achieving the original purpose of these regulations was explained in realistic terms.

In particular, it introduces the positive impact of the EEDI regulation on the development of energy efficiency improvement technologies of ships, the limitations of the EEXI regulation, and the interrelationships between stakeholders for effective implementation of the CII regulation.

Publication Type: Report