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Top South Korean shipbuilding companies pledge to be carbon neutral by 2050

South Korean ministry formed a committee with the top six shipbuilding companies to develop strategies for the shipbuilding industry to be carbon neutral.

Apr 12 2021

Lithuania enlists EMSA’s remotely piloted aircraft to monitor bunker fuel sulphur content

Services began on 23 March and will run for three months; RPAS will be used to calculate the sulphur content of bunker fuel being used by passing ships.

Apr 09 2021

Black carbon in the Arctic: IBIA supports voluntary measures prior to regulation

Voluntary measures could be promoted to reduce BC emissions in the Arctic i.e. a switch to distillate fuels on ships using medium/high speed 4-stroke engines, it said.

Apr 06 2021

MSC reaffirms rejection of Arctic sea route in view of environmental concerns

‘MSC will not seek to cut through the melting ice of the Arctic for a new route […] and I consider this a position the whole shipping industry must adopt,’ said CEO.

Apr 06 2021

WFW: MI and SI proposed Carbon Tax – contractual considerations

While the solution to shipping’s decarbonisation challenges are varied, a common question is — “Who is going to pay the bill?” A carbon tax is one option, says the law firm.

Apr 01 2021

Japan: Tokyo to waive fee for ships powered by LNG and hydrogen

Fee waiver includes LNG bunkering vessels at Yokohama, Kawasaki and Tokyo, and will be effective from Thursday, 1 April to encourage the entry of LNG fueled vessels.

Mar 29 2021

Singapore bunkering sector in milestone with first ship-to-containership LNG bunkering operation

CMA CGM SCANDOLA was fuelled with 7,100m3 of LNG from FueLNG Bellina, Singapore’s first LNG bunkering vessel, in the marine fuel delivery operation.

Mar 24 2021

Argus Media: Decarbonisation in the bunker market

Argus estimates around 45% of the fuel mix will have to come from non-oil sources and almost all of that will need to be zero or low carbon to meet 2030 targets.

Mar 18 2021

INTERVIEW: IMO 2030/2050 marine fuels to be decided by most cost efficient, effective well-to-propeller solution

The market is currently undergoing a transitional phase where a wide range of alternatives are being evaluated, says Sonnich Thomsen, Managing Director for Bunkers at Sing Fuels.

Mar 17 2021

CMA CGM reports 4% decrease in fleet annual CO2 emissions

In its financial results, CMA CGM said it has already reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030.

Mar 16 2021

Denmark joins governments backing UN ‘moon-shot’ program to decarbonise shipping

Proposal is to create a USD 5 billion research board co-sponsored by major shipping nations like Georgia, Greece, Japan, Liberia, Malta, Nigeria, Palau, and Singapore.

Mar 16 2021

Shipping industry backs UN USD 5 billion ‘moon-shot’ programme to decarbonise

Representatives include BIMCO, CLIA, IMCA, INTERCARGO, INTERFERRY, International Chamber of Shipping, INTERTANKO, IPTA and World Shipping Council.

Mar 11 2021

INTERVIEW: Major ports, including Singapore, to prepare for alternative marine fuels future, says IMO

‘Energy transition in shipping will require new technologies, alternative fuels and infrastructure to support low- and zero-carbon shipping,’ IMO Head, Air Pollution and Energy Efficiency, tells Manifold Times.

Mar 10 2021

FOBAS: Additional bunker fuel analysis to verify compliance with CARB

To ensure compliance, Air Resource Board staff will seek to collect in-use fuel samples from the vessels during inspections from May 2021, said Lloyd’s Register.

Mar 09 2021

GreenVoyage2050: Eleven states collaborate in IMO-Norway Decarbonisation Project

Project actively supports States in progress on decarbonising shipping and builds capacity in developing countries, including small island developing states.

Mar 09 2021

Sembcorp Marine cinches SGD 500 million DBS Bank sustainability-linked loan

Loan features interest rate discounts linked to pre-determined ESG targets where Sembcorp Marine will enjoy savings in borrowing costs as these targets are met.

Mar 05 2021

BIMCO: The impossible mission of improving operational efficiency year after year

While the new regulation applies to ships, measuring efficiency becomes complex as the charterer usually holds the key to improving operational efficiency.

Mar 04 2021

Clean Arctic Alliance urges IMO member states to increase GHG ambitions ahead of PPR8

Alliance welcomes US-Canada Arctic heavy fuel oil ban and urges IMO member states to ensure the ban is implemented in full by 2024, and not 2029 .

Mar 01 2021

Coalition for the Energy of the Future unveils alternative fuel projects for 2021

Organisation welcomes Airbus, Bureau Veritas, and PSA International as latest members joining CMA CGM Group, Total, Wärtsilä, ENGIE, amongst others in coalition.

Feb 24 2021

LR webinar highlights lack of regulatory framework holding up decarbonisation progress

Held jointly with the Environmental Defense Fund, panelists discussed the lack of a clear regulatory framework on which can base their investment decisions.

Feb 23 2021

ECSA calls for MBM fund & incentives for bunker fuel suppliers to decarbonise shipping

Introducing incentives for bunker fuel suppliers to make low- and zero-carbon fuels available in the market is a prerequisite for the decarbonisation of the sector.

Feb 18 2021

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