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
Carbon Accounting for Sustainable Biofuels
To examine the challenges related to the carbon intensity of biofuels and emphasize the importance of transparent and science-based carbon accounting for sustainable biofuels. This report seeks to identify the factors contributing to the variability of lifecycle GHG emissions, particularly land use changes, and provides insights into regulatory frameworks across different regions. The goal is to propose pragmatic and performance-based policies that foster continuous improvement and attract necessary investments, thus ensuring the large-scale deployment of biofuels aligns with climate goals.
2024 EPS ESG Report
To demonstrate the ESP’s commitment to environmental stewardship, social responsibility, and governance practices, and to highlight various initiatives and achievements in reducing carbon emissions and promoting sustainable practices.
Marginal abatement cost curves for CO2 emission reduction from shipping to 2050
To present the most detailed marginal abatement cost curves (MACCs) for CO2 emission reduction in the global shipping fleet from 2025 to 2050.
To evaluate the costs and CO2 reduction potential of over 50 measures and various fuel systems, providing insights into achieving decarbonization goals in line with global regulatory strategies.
Alternative Fuels Insight
To provide insight into the future transition of international shipping to alternative fuels, focusing on achieving net-zero GHG emissions by 2050.
To offer guidance on selecting the appropriate alternative fuels and addressing the technical, economic, and regulatory factors involved in making informed decisions.
Frequently Asked Questions on the application of latest international marine fuel quality standard ISO 8217:2024
To address the FAQs from ship operators regarding the application of the latest international marine fuel quality standard, ISO 8217:2024
To provide insights into the significant changes made in the 7th edition and guide marine fuel buyers in understanding and applying the updated standards
Maritime Forecast to 2050
To emphasize the necessity of improving energy efficiency and establishing fuel transition strategies to achieve the decarbonization targets of IMO. This report explores methods to maintain the competitiveness of international shipping by 2030, focusing on fuel reduction, digitalization, and carbon capture technologies. Additionally, it examines strategies for expanding related infrastructure and addressing cost increases, providing insights into strategic responses to these challenges.
Preparing Tanker Vessels for Conversion to Green Fuels
To analyse the technical, economic, and environmental impacts of converting tanker vessels to green fuels such as methanol and ammonia. This report aims to assess the readiness level and costs of fuel transition, providing insights to propose optimal design and operational strategies that align with sustainable shipping practices and regulatory requirements.
Availability of E-fuels and E-fuel-capable Vessels from 2027–2030
To assess the market readiness of e-fuels and e-fuel-capable vessels for commercial deployment in the maritime sector between 2027 and 2030. The report seeks to provide insights into the production capacity of e-fuels, the readiness of vessels to use these fuels, and the alignment of these elements to support ZEMBA’s next tender process. The study also aims to identify challenges such as financial barriers and deployment mismatches, offering strategies to accelerate zero-emission technology adoption in shipping.
Synthetic fuels for shipping
To explores the potential of synthetic fuels, specifically e-methanol, e-methane, and e-diesel, as viable alternatives for shipping decarbonization.
To evaluates their production technologies, sustainability, availability, economic feasibility, and regulatory challenges.