The Korea Shipbuilders' Association will be introducing the Korea GHG Reduction Response Research Council on Wednesday (16 May) as a response to an International Maritime Organization (IMO) greenhouse gas (GHG) reduction deadline, reports Asiae.
The IMO at MEPC 72 decided upon an emission reduction pathway of ‘at least’ 50% on 2008 levels by 2050, with a strong emphasis on increasing the cut towards 100% by 2050 if this can be shown to be possible.
The newly formed council will study the application of using alternative fuels such as hydrogen and fuel cells for vessels constructed Korea’s shipbuilding industry.
“The goal of the International Maritime Organization's reduction of greenhouse gas emissions [by 2050] is expected to have a greater impact on the shipping and shipbuilding industry than the regulation on the sulphur content of marine fuel oil to be applied from 2020,” said Hyun Taek Lim.
Related: UCL Energy Institute explains IMO MPEC 72
Photo credit: POSCO
Published: 16 May, 2018
Video describes how LNG can provide a clear pathway to fuels, enabling industry to meet the IMO target to reduce GHG emissions by at least 50% by 2050.
Policy briefing Ammonia: zero-carbon fertiliser, fuel and energy store focuses on future use of zero-carbon ammonia and its opportunities.
‘We thank the entire MPA team from the bottom of our hearts for your help and support,’ said FueLNG General Manager Saunak Rai in a statement.
‘We are highly satisfied to see the initial results showing an immediate effect on reducing the vessel’s fuel consumption,’ says company statement.
BunkerEx, which observes over 2,000 marine fuel prices per day, integrates bunker pricing data in ZeroNorth’s platform, Optimise.
Construction of container vessels has been entrusted to Chinese shipyards Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. and Jiangnan Shipyard (Group) Co.
Top three positive movers in 2021 were Hong Lam Fuels Pte Ltd (+14); Sirius Marine Pte Ltd (+12); and TFG Marine (+11); according to the latest data from the Maritime and Port Authority of Singapore.
Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
Heating VLSFOs to prevent cold flow issues causes issues related to distillate ageing, and there is a gentle balance to be maintained when handling the product.
Research into n-paraffin distribution of VLSFOs has shown that they not only differ from MGO, but significantly differ from each other as well, states bulletin.
Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.
Poll shows market participants think Singapore’s future as a bunkering hub in the near term will be impacted most by growth in alternative bunker fuels and intensifying competition from other ports in Asia.
