Tag: <span>IMO 2050</span>

More than 150 shipping leaders make call to action for shipping’s decarbonisation
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More than 150 shipping leaders make call to action for shipping’s decarbonisation

Over 150 industry leaders and organisations representing the entire maritime value chain have made a call to government for decisive action to enable full decarbonisation of international shipping by 2050. The UN’s International Maritime Organization (IMO) aims to reduce international shipping’s total annual greenhouse gas (GHG) emissions by at least 50 per cent of 2008...

Industry trio to develop IMO 2050 CII-ready LNG carrier
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Industry trio to develop IMO 2050 CII-ready LNG carrier

Wärtsilä, ABS, and Hudong-Zhonghua Shipbuilding (HZS) are teaming up to develop a flexible, future-proof, and modular liquified natural gas (LNG) Carrier (LNGC) vessel concept. The design of the multi-fuel electric vessel is intended to deliver immediate CO2 savings, and to be ready for the adoption of future decarbonisation technologies to support the marine industry’s ambitions...

UK shipping industry demands net-zero by 2050
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UK shipping industry demands net-zero by 2050

The UK shipping industry has agreed that the international shipping sector must pursue a net-zero carbon emissions target by 2050. International regulations require the global shipping industry to cut its emissions by at least 50 per cent compared to 2008 levels. But the UK Chamber of Shipping has now confirmed it wants the  International Maritime...

DNV’s decarbonisation stairway model to help owners navigate newbuild dilemmas
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DNV’s decarbonisation stairway model to help owners navigate newbuild dilemmas

DNV has launched its latest Maritime Forecast to 2050, part of the Energy Transition Outlook (ETO) suite of reports. Conceived to help shipowners navigate the technologies and fuels needed to meet global greenhouse gas (GHG) targets, the report features an updated carbon risk management framework, including a new ‘decarbonisation stairway’ model to help owners map...

CSA hits back at comments describing scrubber wash water as ‘acidic sludge’
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CSA hits back at comments describing scrubber wash water as ‘acidic sludge’

Following the release of a report by environmental group ICCT, the Clean Shipping Alliance (CSA) has expressed its concerns around the wrong perception of Exhaust Gas Cleaning Systems (scrubbers) and wash water discharges portrayed in the publication. “We welcome all scientific inquiries on Exhaust Gas Cleaning Systems that are objective and well-researched. However, in the...

Yara and MPA Singapore join ammonia-fuelled tanker project
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Yara and MPA Singapore join ammonia-fuelled tanker project

The Maritime and Port Authority of Singapore (MPA) and Yara International (Yara) have joined an ammonia-fuelled tanker Joint Development Project (JDP). The duo join MISC Berhad (MISC), Lloyd’s Register (LR), Samsung Heavy Industries (SHI) and MAN Energy Solutions (MAN), in the coalition known as The Castor Initiative.  Yara will work alongside MISC, LR, SHI and...

METIS launches predictive Poseidon Principles Emissions INDEX
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METIS launches predictive Poseidon Principles Emissions INDEX

METIS Cyberspace Technology has refined its cloud-based data acquisition and ship performance reporting solution to offer shipping’s first tool to predict the trade-off between emissions reduction and debt servicing for ships financed under the Poseidon Principles. Designed to incentivise maritime decarbonisation, the Poseidon Principles offer a framework for financial institutions to lend in line with...

HHI Group and DNV GL to develop future-proof tanker designs
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HHI Group and DNV GL to develop future-proof tanker designs

DNV GL and HHI Group have teamed up to embark on the development of future-proof tanker designs. In a recent “Green Tankers towards 2050” industry webinar, DNV GL and HHI Group presented the results of new joint research and explained how eco-friendly maritime solutions can help shipowners and managers to cope with stricter environmental regulations...

Alfa Laval begins biofuel testing at Danish centre
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Alfa Laval begins biofuel testing at Danish centre

Alfa Laval’s Test & Training Centre in Aalborg, Denmark has been readied for testing with biofuels. Biofuels are one possible option for reducing emissions of greenhouse gases (GHGs) and meeting the IMO’s target of cutting emissions by at least 50 per cent by 2050 from 2008.  The centre is also a site for collaboration with...

LR and Methanol Institute launch guidance on methanol bunkering
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LR and Methanol Institute launch guidance on methanol bunkering

As stakeholders across the maritime industry assess future fuel options in support of the International Maritime Organization’s 2030 and 2050 greenhouse gas reduction ambitions, Lloyd’s Register (LR) and the Methanol Institute (MI) have produced a Bunkering Technical Reference on Methanol, which is among the future fuels receiving close attention. The new guidance outlines the procedures...