Environment

Shipping is the backbone of the global economy, responsible for about 90% of world trade. But it also accounts for almost 3% (and rising) of man-made carbon dioxide emissions. The industry’s regulator set a series of emission-cutting targets back in 2018 aimed at driving a transition away from high-polluting fossil fuels. If the more ambitious goals are to be hit, the world’s ships will need to start burning new, clean fuel by 2030; such as biofuels. The question is, which one?

1. What are the bio-bunker options for ships after 2030?
Ships burn about 5 million barrels of fossil fuel every day, pumping a constant stream of CO2 and other chemical nasties into the atmosphere. Yet figuring out the fuel of the future isn’t just about emissions. It’s got to have enough power to propel gigantic tankers around the globe, be storable and transportable, and, of course, not too costly. Here’s a list of the front- Continue reading “What types of biofuels could ships burn in 2030?”

According to a new report by Clean Cargo, carbon dioxide emissions from 17 of the world’s leading ocean container carriers, representing approximately 85 percent of global containerized shipping, continued to fall in 2019. Global industry averages for CO2 emissions per container per kilometer decreased by 5.6 percent and 2.5 percent for Dry and Reefer (refrigerated) indexes, respectively. The annual report indicates that container shipping continues to improve its fleet-wide environmental efficiency whilst ensuring the smooth functioning of global trade.

Continue reading “Clean Cargo report shows reduction in CO2 emissions for container shipping”