Emissions

The Volkswagen Group has deployed the first LNG-powered car carrier on a transatlantic voyage, with the vessel Siem Confucius carrying more than 4,800 vehicles.

Seven Japanese companies have teamed up to develop and to eventually commercialise zero-emission electric vessels.

Hapag-Lloyd reported a 50% drop in CO2 emissions per teu/km last year according to its 2019 sustainability report.

Technology firm Eco Marine Power (EMP) announced that an innovative sail-assisted propulsion and solar power device for ships are ready for demonstrations and evaluation testing in Japan.

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.