Whilst many people believe that the IMO’s ambition to reduce shipping’s 2050 carbon emissions by at least 50% compared with 2008 levels appears to be an almost impossible target, shipping economist Martin Stopford does not agree.
Bio-fuels produced by GoodFuels, which are claimed to be largely carbon neutral, have been trialled on Norden product tanker.
Car manufacturer Groupe Renault is partnering with Neoline for two pilot primarily wind-powered car carriers designed to deliver a 90% reduction in carbon emissions for a transatlantic route.
As shipping industry leaders it's the duty of the Greeks "to present a realistic way of solving many of our global issues" says Greek Shipping Co-operation Committee chairman, Haralambos J Fafalios.
Shipowners will neeed to do more than simply tweak existing vessel designs and business models if they are to meet the International Maritime Organization's (IMO) ambitious target to reduce greenhouse gas (GHG) by 50%.
Japanese container line joint venture Ocean Network Express (ONE) has inked a deal with Freightliner in the UK that will see signficant volumes of traffic shifted from road to rail.
DNV GL chief Remi Eriksen says that the International Maritime Organization’s (IMO) 50% carbon reduction for shipping is ambitious but not unachievable.
NYK, Japan Marine United Corp (JMU) and MTI Co Ltd have developed a new propeller that reduces CO2 emissions by 1.2% through more efficient operations.