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IMO has a new plan to reduce shipping s carbon emissions; will it be enough? | Hellenic Shipping News Worldwide

IMO has a new plan to reduce shipping s carbon emissions; will it be enough? | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Shipping s Carbon-Cutting Fuel Tanks So Far Remain Empty | Hellenic Shipping News Worldwide

Shipping’s Carbon-Cutting Fuel Tanks So Far Remain Empty Imagine going to a car dealership for a new vehicle that’s climate friendly and being told that it isn’t clear what clean fuels will be available to fill it up, or how much those fuels will cost. You probably would walk away or opt for a car that runs on gasoline. That’s the dilemma faced by the shipping industry as it looks to shift to cleaner vessels to meet emissions reduction goals. The industry has agreed to boost the global fleet’s energy efficiency by at least 40% over the next decade and cut overall greenhouse-gas emissions from ship exhaust in half by 2050 compared with 2008 levels.

Tanker Operator Decarbonisation – solving the commercial problem

May 13 2021 The challenge of decarbonising shipping is more about figuring out who will pay for it, or how it will be made fair on companies which spend money on zero carbon fuels – one of the conclusions from an ABB webinar on decarbonisation. The biggest question in maritime decarbonisation is probably who will pay for it, or how companies will be able to justify the expense financially, not how we do it, said Lars Robert Pedersen, Deputy Secretary General, BIMCO, speaking at a webinar organised by ABB.   “That’s probably the real question we have to answer, how will we make this possible from a commercial standpoint.”

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