The second biannual working session of the Getting to Zero Coalition has found first movers of the maritime sector standing steadfast to take the steps needed to develop, test and scale the technologies required to decarbonize international shipping
That momentum is building around shipping’s decarbonization was confirmed last week, when the Getting to Zero Coalition published a preliminary mapping of 66 zero emission pilots and demonstration projects currently underway around the world, said the Global Maritime Forum (GMF).
GMF noted that research presented at the working session shows that the short term-ambition – adopted by member states of the International Maritime Organization in April 2018 – of reducing international shipping’s emissions per transport work by at least 40% by 2030, will not be enough to prevent shipping’s adverse impact on the climate.
“Members of the Getting to Zero Coalition are fully committed to fast-tracking shipping’s decarbonization. I am impressed by the desire to collaborate, share learnings, and take concrete action,” said Johannah Christensen, Managing Director, Head of Projects & Programmes, Global Maritime Forum.
“While members are working together to develop new technologies and business models, they call for ambitious, global regulation to set the industry on a climate-friendly course, but they are prepared to move ahead of the IMO and other regulators to ensure that scalable solutions are in place when regulation is adopted.”
“The shipping ecosystem could well get to COP26 in Glasgow as an example of how to create a zero emission future and work together around decarbonization,” said Nigel Topping, High-Level Climate Action Champion for COP26 at the session’s closing plenary.
“I look forward to seeing how other industries can learn from you and join the race to zero. We have a challenging but inspiring year ahead of us.”
GMF observed that the subject of Covid-19 was notably absent from the conversations at the working session. This provides confidence that the pandemic has not shifted the attention of the maritime industry away from its obligation to decarbonize, it said.
“Policymakers are uniquely positioned to accelerate the decarbonization of shipping and other hard-to-abate sectors when deciding on policies and stimulus measures to kickstart the global economy post Covid-19,” said Christoph Wolff, Head of Shaping the Future of Mobility, World Economic Forum.
“Governments can and must play an important role in building back better by incentivizing the large-scale demonstration projects that are required to drive down costs and accelerate the development of zero carbon technologies.”
Launched at the UN Climate Action Summit in New York last September, the Getting to Zero Coalition now counts more than 150 member organizations, with non-profit research and development center,
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, to be the latest knowledge partner to join the Coalition.
To meet the ambition of having commercially viable zero emission vessels operating along deep sea trade routes by 2030, GMF said discussions at the working session reveal the need to:
Photo credit: kobu-agency
Published: 4 September 2020
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk CNC 5 which is located off the buoy of West Coast Pier; PS Energy has been stamped with globally recognised ISCC.