Study Reveals Net GHG Emissions Savings From OCC

The Global Centre for Maritime Decarbonisation (GCMD) in Singapore has launched a groundbreaking study, COLOSSUS, analyzing emissions savings and costs related to onboard carbon capture and storage systems (OCCS). It evaluates five OCCS technologies and highlights significant GHG reductions, particularly with advanced systems and biofuels, offering vital insights for shipowners.

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How Electrostatically Applied Fouling Control

Eco-Friendly Hull Coating Claims to Reduce Ship Emissions and Fuel Consumption

PPG’s SIGMAGLIDE® 2390 fouling release hull coating offers a solution to reduce fuel consumption and emissions intensity for ship owners. With a 100% pure silicone binder system, it can decrease emissions by up to 35% compared to traditional antifoulings. The electrostatic application technique further enhances sustainability benefits by reducing overspray and waste.

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First Ammonia-Fueled Tugboat Achieves GHG Reduction by 95%

The world’s first commercial-use ammonia-fueled vessel, Sakigake, completed a successful three-month demonstration voyage in Tokyo Bay. Owned by NYK, it achieved a 95% greenhouse gas emission reduction, showcasing ammonia’s potential as maritime fuel. The 272-ton tug, originally LNG-fueled, marked a milestone in alternative fuel operations in the maritime industry.

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HMM Embraces Methanol-Fueled Vessels for Sustainable Growth

The adoption of methanol-fueled vessels in the container shipping industry is on the rise, with HMM investing in environmentally friendly fuel options. With 26 methanol-fueled containerships in service and orders for 200 more, HMM’s decision aligns with their expansion and environmental goals. The new vessels will operate on eco-friendly bio-methanol, reducing emissions significantly.

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Innovative Energy-Saving System for Vessels Reduces Consumption and Emissions

Hoyer has launched the Hoyer ESS, a system for retrofitting active vessels to reduce energy consumption by 40-65% and emissions. It utilizes VSDs, sensors, and automation to control marine applications, saving fuel and extending equipment lifespan. With quick returns on investment and environmental benefits, it meets the demand for efficient vessel operations.

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AET, Fleetzero Team Up For ‘World’S Longest-Range’

World’s Longest-Range Plug-In Hybrid-Electric Vessel Launched to Cut Emissions

AET partners with Fleetzero to develop the world’s longest-range plug-in hybrid-electric vessel. By retrofitting one of AET’s Lightering Support Vessels with a plug-in hybrid-electric system, greenhouse gas emissions are expected to decrease by 82%. This initiative aims to reduce fuel consumption, maintenance costs, and uphold high safety standards in the maritime industry.

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The South Korean government offers subsidies for the construction of environmentally friendly ships

South Korea Invests $150 Million in Eco-Friendly Shipbuilding to Reduce Emissions

The South Korean government is investing 222.3 billion KrW ($150 million) to support the construction of 81 environmentally friendly ships. Companies can receive subsidies of up to 30 percent for building eco-friendly vessels, promoting sustainability in the maritime industry. This initiative aims to reduce greenhouse gas emissions and combat climate change on a global scale.

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International Shipping Coalition Aims for Net Zero Emissions by 2050 with GHG Pricing Proposal

The International Chamber of Shipping (ICS) and 47 governments are pushing for net zero greenhouse gas emissions from international shipping by 2050. They have proposed a maritime GHG emissions pricing mechanism to the UN IMO. Major shipping nations and the EU support this initiative to drive a rapid energy transition in shipping.

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Strategies for Cost-Effective FuelEU Compliance by 2025

The upcoming FuelEU Maritime regulation, effective from January 1, 2025, presents challenges for vessel owners in terms of regulatory understanding and compliance costs. DNV’s white paper suggests strategies to reduce expenses, focusing on well-to-wake emissions calculations and wind-assisted propulsion. Shipowners are advised to prepare early and consider cost-effective compliance options to minimize financial impacts.

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