Emissions

Japanese classification society ClassNK has joined the International Windship Association (IWSA) that promotes wind propulsion for vessels.

Compagnie Maritime Belge (CMB) aims to have a zero carbon fleet by 2050 and has pledged that all its shipping operations will be net zero from this year.

Eminent shipping economist, Dr Martin Stopford, has set out a four-point plan to modernise shipping’s business models which, he says, are 50 years old and badly in need of a revamp.

A new study says it will cost at least $1trn to meet the shipping industry’s 2050 decarbonisation goals, much of it for land-based infrastructure and production facilities.

MISC has affirmed its commitment to combat shipping emissions with a plan to replace half of its fleet to run on LNG dual fuel over the next 10 years by 2030.

Shell International Trading and Shipping Company is to retrofit a number of its LNG carriers with its air lubrication system.

Portsmouth has set out plans to become the UK’s first zero emission port.