The Global Centre for Maritime Decarbonisation (GCMD) yesterday released its Project LOTUS (Long-term impact of continuous use of biofuels on vessel operations) report. Launched in partnership with NYK Line on 9 May 2024, the six-month trial onboard a …
The transportation industry is one of the highest emitters of greenhouse gases — and among the most primed for change — but the journey to decarbonize remains complex. Stakeholder collaboration will be critical in making sustainable fuel mainstream in …
Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption Read More »
The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel used in international shipping come from scalable zero-emission sources by 2030, according to a new progress report. The fourth annual report of its …
2030 Shipping Goal At Risk Despite Historic Progress Made By IMO: New Report Read More »
By 2030, the alternative-fuelled fleet will be able to burn up to 50 million tonnes of oil equivalent (Mtoe) of low-greenhouse gas (GHG) fuels annually, double the estimated volume needed to meet the International Maritime Organization’s (IMO) 2030 emi…
DNV: Fleet readiness surges ahead of fuel supply – green transition at a tipping point Read More »
EDF and The Decarb Hub explore innovative financing concepts to unlock capital for clean fuels, infrastructure and retrofits. The Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub), a partnership betwe…