Fourth MB92 report highlights urgency for yachting industry to tackle social sustainability

Fourth MB92 report highlights urgency for yachting industry to tackle social sustainability
Fourth MB92 report highlights urgency for yachting industry to tackle social sustainability

Superyacht refit management specialists MB92 Group published today its fourth report designed to drive sustainable development in the superyacht industry: “People and the ocean – How the yachting industry is addressing the sustainability challenge with top talent”. The report, which focuses on the social pillar of ESG, reveals a relatively high level of inertia in this area, yet underscores it as an indispensable engine for the industry’s transition.

The report methodology combines insights from a panel of experts on social issues and sustainability in the yachting industry, alongside extensive research, including a quantitative Continue reading “Fourth MB92 report highlights urgency for yachting industry to tackle social sustainability”

New British Marine Decarbonisation Hub provides guidance on Carbon Border Adjustment Mechanism

British Marine Decarbonisation Hub provides guidance on Carbon Border Adjustment Mechanism
British Marine Decarbonisation Hub provides guidance on Carbon Border Adjustment Mechanism

The Carbon Border Adjustment Mechanism requires exporters to report greenhouse gas emissions for certain products entering the EU. As the implementation of the EU’s Carbon Border Adjustment Mechanism gathers pace, UK trade association British Marine says it is witnessing a surge in enquiries seeking guidance on meeting these new border requirements and how UK businesses can provide the relevant data to their EU-based customers.

To assist members in navigating the complexities of the new EU regulations impacting exporters of key marine components, British Marine Continue reading “New British Marine Decarbonisation Hub provides guidance on Carbon Border Adjustment Mechanism”

ABS issues technical and operational advisory for methanol bunkering

technical and operational advisory for methanol bunkering issued by ABS
Technical and operational advisory for methanol bunkering issued by ABS

The maritime industry faces several substantive challenges driven by increasingly stricter gaseous air emission legislation and increased efforts by the International Maritime Organization (IMO) to reduce greenhouse gas (GHG) emissions from ships. The adoption of low-flashpoint fuels and gases which can be produced from renewable and sustainable sources, such as methanol, is expected to become one of the means to meet those challenges.

Accordingly, owners, operators, designers and shipyards around the world are considering Continue reading “ABS issues technical and operational advisory for methanol bunkering”

IACS Annual Review 2023 published

IACS Annual Review 2023 published
IACS Annual Review 2023 published

The International Association of Classification Societies (IACS), the membership organisation for the world’s leading classification societies, has published its IACS Annual Review 2023. The review includes a broad range of articles highlighting IACS’ work in 2023, with a strong emphasis on the significant advancements made in alternative fuels. This includes the development of a new Unified Requirement on the release of ammonia from ammonia fuelled vessels, and the newly established Safe Digital Transformation Panel that focuses on the safety implications of increasingly digitised ships, together with IACS’ engagement with the industry on existing and emerging technical challenges. Continue reading “IACS Annual Review 2023 published”

Vehicle Carrier Safety Forum issues guidance on vehicle carrier presentation and loading of vehicles

The Vehicle Carrier Safety Forum has published its first industry good practice guidelines
The Vehicle Carrier Safety Forum has published its first industry good practice guidelines

The Vehicle Carrier Safety Forum has published its first industry good practice guidelines entitled ‘Common Guidance on the loading and presentation of vehicles’. The guidance, and supporting checklist, are intended to reduce the risks associated with the shipment of unaccompanied vehicles, including electric and hybrid vehicles, and to promote the safety of terminal and vessel personnel and the protection of property including the vessel itself.

The Vehicle Carrier Safety Forum is a consortium of vessel operators, insurers and other industry experts, whose role is to promote safety on vessels designed to carry vehicles. The guidance is supported by industry bodies The International Group of P&I Clubs, The International Chamber of Shipping and the TT Club. Continue reading “Vehicle Carrier Safety Forum issues guidance on vehicle carrier presentation and loading of vehicles”

Replace harmful zinc anodes with aluminium as standard is the advice

Photo credit: The Fitout Pontoon
Photo credit: The Fitout Pontoon

Zinc anodes are causing environmental damage is the message from the Clean Harbours Partnership (CHP), which is a UK-based organisation dedicated to raising awareness of harbour pollution. It has urged boaters, major boat manufacturers and other interested parties to replace or to recommend replacing zinc anodes with aluminium as standard to reduce and prevent further environmental damage. CHP has been studying the release of metals, particularly copper and zinc, by recreational vessels into the marine environment. CHP highlights that, in 2020, the Institute of Marine Sciences at Portsmouth University in the UK calculated that approximately 900 tonnes of zinc is released into UK coastal and inland waters by recreational vessels in an average year. Continue reading “Replace harmful zinc anodes with aluminium as standard is the advice”

EBI and the SeaCleaners publish a Guide to Responsible Boating

EBI and the SeaCleaners publish a Guide to Responsible Boating
EBI and the SeaCleaners publish a Guide to Responsible Boating

Brussels-based European Boating Industry (EBI) and The SeaCleaners have jointly published a Guide to Responsible Boating which they say is a call to action for boaters worldwide to help combat plastic pollution in the oceans and waterways.

The Guide to Responsible Boating provides practical recommendations for boaters to minimise their environmental impact while enjoying their passion for water. From reducing plastic consumption to participating in waste collection efforts, they are encouraged to take an active role in preserving the oceans for future generations. Continue reading “EBI and the SeaCleaners publish a Guide to Responsible Boating”

IMO Biofouling Guidelines: Key recommendations

revised IMO Biofouling Guidelines came into force in 2023
revised IMO Biofouling Guidelines came into force in 2023

The revised IMO Biofouling Guidelines came into force in 2023 and provide updated guidance on how to prevent the spread of marine invasive species. Here are the key recommendations.

Marine invasive species infestations are a major threat to the world’s oceans and to the conservation of biodiversity. It can be triggered by marine hull biofouling, the accumulation of aquatic organisms on ships’ hulls, which are then transported around the globe and inadvertently deposited in non-native waters. Here, they can become invasive, out-competing native species and multiplying into pest Continue reading “IMO Biofouling Guidelines: Key recommendations”

The Poseidon Principles for Marine Insurance: Annual Disclosure Report 2023

The Poseidon Principles for Marine Insurance: Annual Disclosure Report 2023
The Poseidon Principles for Marine Insurance: Annual Disclosure Report 2023

The Poseidon Principles for Marine Insurance, an initiative backed by the Global Maritime Forum to drive decarbonisation of international shipping through transparency, has issued its second annual disclosure report.

This report is delivered amidst what will be a transformative year for the maritime sector marked by key events: the IMO’s adoption of the revised greenhouse gas (GHG) strategy at MEPC 80 in July, and ongoing challenges like congestion, personnel shortages, inflation, and sanctions linked to Russia’s war on Ukraine. Continue reading “The Poseidon Principles for Marine Insurance: Annual Disclosure Report 2023”

Carbon capture and storage: Risks and opportunities

Carbon capture and storage (CCS) is a long-established technology
Carbon capture and storage (CCS) is a long-established technology

Carbon capture and storage (CCS) is a long-established technology but its profile has grown as a potentially significant solution to achieve rapid decarbonisation. What are the associated risks and opportunities for the shipping industry?

Traditionally, CCS has most often been used for the enhanced recovery of oil from depleted reservoirs. More recently, its profile has grown as a necessary solution to decarbonise hard-to-abate industries such as energy, cement and steel production. Shipping can be added to this, as onboard carbon capture is likely to be required as alternative zero emission fuels are unlikely to be available in the necessary quantities and prices to achieve the IMO’s 2050 and interim targets. That captured CO2 will need transporting from the capture site Continue reading “Carbon capture and storage: Risks and opportunities”

Engine Retrofit Report 2023 finds lack of yard capacity could compromise retrofit ambitions

Engine Retrofit Report 2023 has been published by Lloyd's Register
Engine Retrofit Report 2023 has been published by Lloyd’s Register

The Engine Retrofit Report 2023 from Lloyd’s Register (LR) has found that a shortage of repair yards with sufficient experience in conversions may hinder the take up of alternative fuel technology by the existing fleet.

Applying alternative fuels to existing ships research on the state of technology, integration and compliance, alongside the business case for retrofitting vessels, has found that repair yard capability and capacity concerns could thwart the uptake of alternative fuel technology onboard existing ships. Continue reading “Engine Retrofit Report 2023 finds lack of yard capacity could compromise retrofit ambitions”

Ammonia powered vessels could be economical as early as 2026 concludes new report

Using an ambitious but feasible set of actions, a new report concludes that ammonia-powered vessels will not only be commercially viable but with an aggressive path and broad use of subsidies could be possible as early as 2026. The new analysis from the Global Maritime Forum is the second phase of a project focusing on a first-of-its-kind ammonia-powered gas carrier and reiterates the research’s strong support for ammonia saying they believe the cost gap between operating ships on zero-emission ammonia and conventional fuel could be closed before 2030. Continue reading “Ammonia powered vessels could be economical as early as 2026 concludes new report”

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