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.
Sector: Shipping
Bio-Ethanol as an alternative fuel for vessels
To firmly ensure the research on CO2 reduction in shipping by depicting advantages and disadvantages of bio-ethanol as an alternative fuel for shipping decarbonization
Oil Analysis & Forecast to 2028
To provides analysis, data, and information on the demand, supply, refining, and logistics distribution of petroleum resources. Based on the current data identified, the paper predicts the demand and supply of fuel oil energy resources on land and at sea until 2028 and provides related information. In addition, the outlook for international petroleum-based energy is analysed based on development information on new and renewable energy produced by region, especially in the Middle East and Asia, including China and India.
Marine Methanol Future-Proof Shipping Fuel
To provide insight into the pros and cons of methanol as a marine fuel compared to traditional marine fuels and alternatives such as LNG, hydrogen, ammonia, and batteries
Cost of Regulatory Compliance Lower with LNG
To provide information on the impact of alternative fuels choice
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.
Applying Alternative Fuels to Existing Ships (Engine Retrofit Report 2023)
To explore decarbonization through retrofitting existing ships and analyze the price gap between alternative fuels and conventional fuels through forecast scenarios for the application of alternative fuel technologies in ship retrofits
It is worth noting that this report proposes a required carbon tax of $350 per ton of CO2 in order to bridge the price gap between existing marine fuels and the latest eco-friendly alternative fuels, such as methanol and ammonia.
Recommendations for Design and Operation of Ammonia-Fueled Vessels Basd on Multi-disciplinary Risk Analysis
To understand the risks of using ammonia, including primarily toxicity, onboard fires and explosions and provide the safeguards that can be implemented to reduce them to tolerable levels
Using bio-diesel onboard vessels
To address key issues in related to biofuels used in ships based on the physical and chemical properties of FAME-based biodiesel oil, this study highlights key factors to consider when using marine biofuels on ships and addresses major issues in international regulations concerning exhaust gases generated from combustion and related verification
Maritime Forecast to 2050
To analyze the current state of the shipping industry’s carbon emission reduction transition and the prospects for new technologies and stretegies, including ship design and fuel selection, necessary to achieve full net-zero