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Maersk: Charting the course to a climate-neutral Europe and sustainable shipping

The CEO of A.P. Moller – Maersk says it is naïve to believe the recently published European Commission “fit for 55” package “only” aims to reduce emissions.

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Søren Skou, the CEO of A.P. Moller - Maersk on Wednesday (14 July) offered his thoughts on the recently published European Commission “fit for 55” legislative package in a social media post:

Today, the European Commission published its long-awaited “fit for 55” legislative package. This basket of measures will affect all sectors of the European economy as only a concerted effort can make Europe the first climate-neutral continent by 2050 and deliver the EU’s 2030 emissions reduction objective of at least net 55%. It is naïve to believe that the “fit for 55” package “only” aims to reduce emissions. 

It should also be seen as the European Commission’s push to ensure that the EU does not miss out on the green energy revolution. It is simply an opportunity our old continent cannot afford to miss.

A Virtuous triangle: fuels, ships and infrastructure

When it comes to shipping, three key measures are put forward by the European Commission:

  1. The inclusion of shipping into the EU ETS;
  2. The FuelsEU Maritime Regulation; and
  3. The revision of the Renewable Energy Directive (RED).

This regulatory triangle will aim to incentivize the right behavior (ETS), push the use of the right fuels (FuelsEU) and support the production of these fuels (RED revision). For Maersk, the EU has chosen the right approach. All three elements, provided that they complement each other, can accelerate the decarbonization of shipping.

Maersk supports the phased approach chosen in ETS and the strong focus on spurring and financing innovative and not yet commercially viable technologies. The ETS proceedings can and should serve to cover part of the competitiveness gap of new renewable fuels that shipping will start using shortly, instead of ending up as subsidies for existing technology.

Future proofing regulation: fuel lifecycles and CO2 equivalents

But all three elements of this regulatory triangle also need to consider the journey towards decarbonisation. We must not end-up picking winners (i.e. fuels) which are immature and sit on our hands until these become viable. Shipping needs to lower its emissions today and advanced biofuels such as green biomethanol should consequently be supported, at least for a period.

This can be done through an incentive mechanism in FuelsEU or RED for specific fuels based on their lifecycle emissions and their CO2 equivalent contents. Life Cycle Assessment will also ensure that we don’t push uptake of fuels with emissions elsewhere in the chain than from the ship. Only focusing on the CO2 coming out of the stack of the ship is no longer a credible or scientific path.

Stay at the IMO table

As stated previously, Maersk believes that the EU basket of measures should serve as an incubator to show the International Maritime Organization (IMO) that significant GHG reductions are possible and do not lead to major increases in consumer prices. We still believe that the EU should start with applying its virtuous regulatory triangle to intra-EU trade and then move to a broader scope if the IMO has not delivered by 2025. This will secure that EU Member States still have a strong voice at IMO based on facts and not politics. More importantly, it will be fundamental in securing a global carbon price for the 85% of shipping emissions not covered by the full EU MRV scope. By setting a deadline in 2025 we also acknowledge that we will not wait forever for the IMO. We need to see progress now.

Maersk looks forward to supporting and engaging with EU and non-EU stakeholders on the Fit for 55 package. This could chart the course for sustainable shipping and the EU’s role in transitioning our economies to climate neutrality.

 

Photo credit: Maersk
Source: LinkedIn
Published: 16 July, 2021

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Business

VPS launches Maress Summer Campaign Dashboard to track progress of vessels

Dashboard will enable the maritime industry to follow the development of its maritime emissions saving campaign, Maress Summer Campaign 2024, which is aimed at saving 15,000 tons of CO2.

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VPS launches Maress Summer Campaign Dashboard to track progress of vessels

Marine fuels testing company VPS on Thursday (20 June) said it launched its Maress Campaign Dashboard to enable the maritime industry to follow the development of its maritime emissions saving campaign for this year.

It said the Maress Summer Campaign 2024, which started on 1 June and will run for 90 days, is ongoing and is aimed at achieving the goal of saving 15,000 tons of CO2.

“Since our last update, the number of participating vessels has increased from 278 to 303. This is more than doubling of the vessels that participated in the campaign last year,” VPS said in a social media post.

“The industry-wide effort to drive decarbonisation is showing fantastic results, with innovative initiatives and remarkable engagement from vessels across the board.”

It added the main purpose of the campaign is to create collaboration and awareness around emission reductions. 

“This industry-first tool is now open for everyone in the industry to track the collective progress. Updated daily, it provides a transparent and exciting view of the leaders in each category, showcasing the close race towards efficiency gains,” VPS said on the dashboard.

Note: The new dashboard by VPS for the Maress Summer Campaign 2024 can be found here.

Related: VPS to organise Maress Decarbonisation Campaign in 2024
Related: VPS wins OSJ Annual Environment Award 2024 for Maress Summer Campaign
Related: VPS records 10,000 tonnes of CO2 emission cut from campaign with top OSV players
Related: VPS Decarbonisation to kickstart summer campaign to reduce shipping emissions

 

Photo credit: VPS
Published: 21 June, 2024

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Biofuel

UECC reduces emissions in 2023 by more than doubling bio bunker fuel use

UECC boosted the use of ISCC-certified sustainable biofuel B100 on both owned and time-chartered ships to 14,000 mt last year, up from 6,500 mt in 2022.

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UECC

United European Car Carriers (UECC) recently announced its progress of using alternative bunker fuels and said it was on track to exceed its goal of a 45% emissions reduction by 2030 after more than doubling biofuel usage across its fleet last year.

UECC boosted the use of ISCC-certified sustainable biofuel B100 on both owned and time-chartered ships to 14,000 metric tonnes (mt) last year, up from 6,500 mt in 2022.

The company achieved a total tank-to-wake emissions reduction of over 60,000 tonnes across its 14-vessel fleet in 2023, of which it is estimated increased biofuel use accounted for 40,000 tonnes, with the remainder coming from LNG. This was a near-250% increase on the emissions cut of 24,200 tonnes achieved in 2022.

TheEuropean sustainable shortsea carrier said it has made significant strides in decarbonisation of its fleet of pure car and truck carriers (PCTCs) with the addition of five LNG-fuelled newbuilds and the increased rollout of biofuels in recent years - and this is now showing commercial payback for clients in the light of new green regulations, according to Energy and Sustainability Manager Daniel Gent.

“Consequently, we are well on the way to reach or exceed our 45% emissions reduction target by 2030. This clearly has a positive impact for those bio-supportive cargo owners in terms of reducing costs related to the EU Emissions Trading System (EU ETS),” Gent said.

“Furthermore, 85% of the vessels in our fleet achieved a C-rating last year with the IMO’s Carbon Intensity Indicator (CII) and this year we expect all our ships to achieve this rating or above.”

Gent also pointed out the UECC fleet is already in surplus in relation to the requirement for an average 14.5% reduction in GHG intensity by 2035 under the FuelEU Maritime regulation due to be implemented next year.

The environmental performance of UECC’s current fleet of nine owned and five time-chartered PCTCs has been enhanced through delivery over the past seven years of five eco-friendly newbuilds - a pair of dual-fuelled LNG vessels and trio of multi-fuel LNG battery hybrid units.

The use of LNG reduces emissions of CO2 by around 25%, SOx and particulate matter by 90% and NOx by 85%, while the latest battery hybrid newbuilds exceed the IMO target to reduce carbon intensity by at least 40% from 2008 levels by 2030.

UECC is now looking at sourcing alternative carbon-neutral fuels such as bio-LNG and e-LNG for these vessels to further improve their green performance, according to Gent.

UECC’s adoption of alternative fuels has expanded exponentially since the programme was launched in 2020 with piloting the use of biofuel on its vessel Autosky, bolstered by valuable support from owners of its time-chartered vessels, clients such as BMW, fuel suppliers like GoodFuels, industry partners, and parent companies NYK and Wallenius Lines.

“We are now in the fifth year of running our biofuels programme and it has gone from strength to strength. UECC has sought to take a leading role through early-stage analysis of new biofuels to evaluate their potential in terms of technical suitability, sustainability and commercial viability, both  to deliver the best solution for our customers and give the sector a blueprint for assessment and adoption of such fuels based on these three pillars,” Gent explained.

He added that, in terms of sustainability criteria, the company looks for biofuels with the biggest environmental impact, with a typical minimum 90% reduction in GHG intensity from well-to-wake compared with conventional marine fuels. 

UECC has steadily expanded the use of green fuels to cover 30% of its fleet in 2023, up from 18% in 2022, and is on track to achieve 50% coverage this year towards the goal of 80% by 2030, though Gent is confident of surpassing this figure.

He said being proactive in trialling new alternative fuels has also promoted engagement with fuel providers, which has led to UECC’s latest initiative together with biofuel supplier ACT Group as part of an industry collaboration to test the Cashew Nut Shell Liquid (CNSL)-based biofuel FS.100 that he believes has “great potential for sustainable shipping”.

“Increasing the pool of sustainable drop-in fuels offers a pathway for shipping to achieve rapid emissions cuts on existing vessels. Combining alternative fuels with energy efficiency measures such as hull cleaning and electrification with shore power can further accelerate decarbonisation,” Gent said.

“By progressively advancing the use of alternative fuels, we are reducing emissions exposure for our clients and securing regulatory compliance long into the future, while also promoting industry efforts to reach the net-zero goal,” he concluded.

 

Photo credit: United European Car Carriers
Published: 21 June, 2024

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LNG Bunkering

CMA CGM takes delivery of fourth LNG-fuelled containership

Naming ceremony and delivery of vessel, organised at HD Hyundai Mipo in Ulsan, South Korea, marked entry of the fourth vessel in a series of ten specially designed for Northern Europe feeder services.

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CMA CGM takes delivery of fourth LNG-fuelled containership

French shipping giant on Wednesday (19 June) said it celebrated the naming ceremony and delivery of its fourth LNG-fuelled container ship, CMA CGM Tivoli.

Organised at HD Hyundai Mipo in Ulsan, South Korea, on 16 June, the event marked the official entry of the fourth vessel in a series of ten specially designed for Northern Europe feeder services.

“Featuring optimised features for 45-foot containers, increased capacity for refrigerated containers, and innovative forward accommodation to enhance cargo loading and aerodynamics, CMA CGM Tivoli distinguishes itself with a high ‘length to beam" ratio to maximise hydrodynamic efficiency,” the firm said in a social media post. 

“She departed the shipyard on June 15th, 2024, bound for Busan. We wish fair winds and smooth seas to Captain Artur Dumbrov and his crew.” 

 

Photo credit: CMA CGM
Published: 21 June, 2024

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