MSC is therefore engaging with potential vendors to investigate new solutions that would help to minimise and one day, to eventually eradicate CO2 and other GHG emissions from shipping fleets.
Both companies credit a shared commitment to industry-wide decarbonisation as a driving force behind the five-year contract for five LNG dual fuel Newcastlemaxes
Like many other parts of the economy for which direct electrification of battery use is not economically viable, shipping can use renewable energy stored as hydrogen or a variant of hydrogen.
The first regulations designed to support the IMO’s greenhouse gas (GHG) reduction targets are on the near horizon, but there are more regulatory hurdles to consider.
The International Maritime Organisation’s fourth Greenhouse Gas Study highlights that the shipping industry has continued its trend of decoupling emissions growth from the global growth of seaborne trade.
A ground-breaking Global Industry Alliance (GIA) has been launched to tackle two of the most pressing environmental issues of our time – invasive species and greenhouse gas (GHG) emissions.
