EMISSIONS

GoodFuels and global producer and supplier of renewable fuels Renewable Energy Group (NASDAQ:REGI) (REG) have entered a long term agreement for the supply and development of sustainable marine biofuel solutions for the global shipping industry. 

The first renderings of the Scottish-led HYSEAS III project, which aims to build Europe’s first sea-going ferry powered by hydrogen fuel cells, have been completed.

The technology group Wärtsilä announces its “Set for 30” commitment to achieving ambitious climate targets. Wärtsilä’s goal is by 2030:

Leading Classification Society ClassNK has granted its Innovation Endorsement for Products & Solutions to “CIM(Carbon Intensity Monitoring)”, the CO2 emission monitoring service developed by Weathernews Inc.

Transitioning to low-carbon fuels will be essential to secure the long-term future of the industry and meet International Maritime Organisation (IMO) emissions reduction targets for 2030 and 2050, but still-developing technologies and the long lifetime of existing vessels makes this an even bigger challenge.

The technology group Wärtsilä, in cooperation with Silverstream Technologies, will install Silverstream’s proprietary Air Lubrication System, the Silverstream® System, on a trial basis on a large container vessel owned by A.P. Moller - Maersk, the world’s largest container vessel operator.

Swiss-Italian dry bulk ship operator Nova Marine Carriers undertook its first carbon neutral voyage last week, offsetting the CO2 emitted by its vessel MV Sider Rodi by voluntarily purchasing carbon credits for a Madagascan solar farm project.

The International Union of Marine Insurance (IUMI) fully endorses the Call to Action for Shipping Decarbonization that was announced last month by the Getting to Zero Coalition.