Tag: Decarbonisation

Maersk aims for carbon neutrality by 2050
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Maersk aims for carbon neutrality by 2050

Maersk has pledged to be carbon neutral by 2050 but says an acceleration in new innovations and adaption of new technology is required to meet this goal. Søren Toft, chief operating officer, A.P. Moller – Maersk said: “The only possible way to achieve the so-much-needed decarbonisation in our industry is by fully transforming to new carbon...

Decarbonisation by 2050 is possible, finds report
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Decarbonisation by 2050 is possible, finds report

CO2 emissions from transport including shipping could reach zero by 2050 without radical changes in technology, finds a new report by The Energy Transitions Commission (ETC). According to the report, Mission Possible, which draws upon a set of analyses carried out by Material Economics, McKinsey & Company, University Maritime Advisory Services and SYSTEMIQ, reducing demand...

China Navigation to develop low-carbon ships for Pacific region
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China Navigation to develop low-carbon ships for Pacific region

The China Navigation Company (CNCo), parent of Swire Shipping and Swire Bulk, and The University of the South Pacific (USP) have signed a Memorandum of Understanding (MOU) to conduct feasibility studies for the design costs and plan for low-carbon vessels to operate in the Pacific region. The design and construction of the ships are part...

MAN pledges incentives for LNG propulsion
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MAN pledges incentives for LNG propulsion

MAN Energy Solutions has pledged to stimulate decarbonisation of the shipping industry by subsidising shipowners that convert their engines to gas derived fuel up to EUR 2 million. Wayne Jones OBE, chief sales officer and representative for MAN Energy Solutions at a conference held in Greece confirmed: “MAN Energy Solutions believes fully in its technology,...

Cargill launches CO2 Challenge
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Cargill launches CO2 Challenge

Cargill has launched its CO2 Challenge project, which aims to find and scale new technologies to reduce shipping emissions by ten per cent. The project, which is being launched alongside DNV GL and Rainmaking, will encourage all businesses and entrepreneurs with a product in need of commercial assessment, testing, investment, and scaling to apply to...

Wind assisted technology ready to meet shipping’s decarbonisation goals
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Wind assisted technology ready to meet shipping’s decarbonisation goals

Wind powered technology is ready to play a significant part in meeting the decarbonisation goals of the Paris Agreement, but the use of such technology will be determined by the industry’s will to implement it, claims Norsepower’s CEO, Tuomas Riski. Decarbonising the international shipping industry under the goals set by the International Maritime Organization (IMO)...