S&P Global Commodity Insights | ship.energy

New research calls for urgent action on current fleet emissions

A new study from the Tyndall Centre at the University of Manchester highlights that CO2 emissions from existing vessels will dominate shipping’s impact on the climate, and ‘could even swallow up shipping’s entire safe carbon budget’. The research, published in the BMC Energy journal, calls for the implementation of policies which focus on decarbonising and retrofitting existing ships, rather than just relying on new, more efficient ships to achieve the necessary carbon reductions. The Tyndall Centre report does point to a number of ways in which ships already in service can cut their emissions, such as travelling at slower speeds, […]

Lesley Bankes-Hughes

12 June 2020 . 2 min read

ABS publishes white paper on LNG as a marine fuel

The new sustainability report offers ‘practical pointers’ for the use of marine LNG, and includes a firm focus on the issues and processes associated with bunkering the fuel. The white paper is intended to supplement the American Bureau of Shipping’s Advisory on Gas and Other Low Flashpoint Fuels. The document emphasises that the bunkering process should be considered at the conceptual design stage of an LNG-fuelled vessel. If the trading route of the planned vessel is already known and bunkering locations can be identified, ‘measures/contracts can be established to ensure the parameters of the LNG vessel during bunkering and the […]

Lesley Bankes-Hughes

24 June 2020 . 3 min read

Report: 95% of shipping execs see decarbonisation as top-three priority

A new report from Shell and Deloitte has found that 95% of shipping executives interviewed view decarbonisation as important or a top-three priority, and nearly 80% said that its importance had increased significantly over the past 18 months. The other key findings of the report, entitled Decarbonising Shipping: All Hands on Deck, include: 85% of interviewees saw market and customer demand as a major factor driving change towards decarbonisation 80% of interviewees saw technology alignment as a major factor in making decarbonisation feasible 65% of interviewees saw ease of replacing infrastructure as a major factor in being able to make […]

Lesley Bankes-Hughes

7 July 2020 . 3 min read

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Energy Policy

Platts to publish daily price assessments for fuel emissions under the EU ETS

Lesley Bankes-Hughes

27 July 2022

2 min read

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