Report – Page 4

Onboard Carbon Capture – An overview of technologies to capture CO2 on board ships

To emphasize the necessity of applying onboard carbon capture and storage (OCCS) technology based on international maritime decarbonization regulatory trends, the current status of technology development, regional policy trends, and commercialization improvement challenges are introduced. In particular, the practical issues that need to be addressed and the corresponding level of technology required for the application of OCCS technology on ships are demonstrated through case studies.

Economic value of methanol for shipping under fuelEU maritime and EU ETS

To evaluate the economic viability of bio-methanol and e-methanol as sustainable marine fuels within the regulatory frameworks of FuelEU Maritime and the EU Emissions Trading System (ETS). The report provides an analysis of compliance pathways and the economic incentives for adopting these fuels compared to fossil fuels such as VLSFO, emphasizing the penalties for non-compliance. The findings support the potential of these regulations to facilitate a transition to sustainable fuels by creating a stable investment environment for fuel producers and encouraging adoption by shipping operators.

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.

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.

Analysis on interaction of CII with GFS: Calibrating IMO energy efficiency and fuels targets

To recommend effective strategies for the shipping sector to achieve the IMO emission reduction targets

Commercial Readiness of Absolute Zero GHG Technologies

ZESTAs’ paper discusses findings from the MARIN NL Model for ESSF SAPS, which compares various marine fuels’ greenhouse gas emissions over a 100-year Global Warming Potential (GWP), noting that some fuels produce 0% emissions over this period. Only technologies reaching at least demonstration stage (TRL7 or higher) are considered. Additionally, references are made to Technology Readiness Levels (TRLs) and Commercial Readiness Levels (CRLs) following expanded definitions presented to ISWG-GHG 14 by IMO Secretariat, DNV, and Ricardo plc on 22nd March 2023.

The Poseidon Principles: 2023 Annual Disclosure Report

The Poseidon Principles, embraced by 80% of global ship finance, have aligned with the IMO’s net-zero emissions ambition by 2050, reflecting a commitment to climate action and transparency in maritime lending decisions. Despite industry challenges, such as port congestion and personnel shortages, the principles have shown significant progress in decarbonization efforts, with a +95.4% reporting percentage indicating growing industry recognition of the importance of transparency and collaboration in achieving sustainability goals. The publication of the 2023 Annual Disclosure Report highlights the shipping finance sector’s leadership in fostering a more sustainable future for the maritime industry.

Publication Type: Report