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New proposal urges governments to ‘bite the bullet’ to meet net zero 2050 targets

To help achieve net zero shipping emissions by 2050, shipping industry joins Bahamas and Liberia in comprehensive new proposal to IMO, for an annual greenhouse gas (GHG) emission fee. Revenue generated will support feebate (rewards) programme to incentivise accelerated production and uptake of zero/near-zero GHG marine fuels, plus a separate IMO Fund to be allocated …

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A FuelEU Maritime Controversial: The Rising Tide of LNG and the Complexities of Boil-Off Gas Management

With Maersk’s recent change of heart in its decarbonization strategy, diversifying its fuel portfolio including previously criticized liquified natural gas (LNG), the fuel takes center stage demanding a closer look at its role under FuelEU Maritime regulation. The fuel brings the critical challenge of managing boil-off gas (BOG) within the regulation’s framework. What is Boil-Off …

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Leading group of seven major operators accounted for over 40% of global port handling in 2023 – Drewry

While the total number of global terminal operators (GTOs) featuring in the Drewry league tables remained unchanged at 21 in 2023, the composition has changed significantly. The league tables that are a central feature in the latest edition of Drewry’s Global Container Terminal Operators Annual Review and Forecast now include Adani, AD Ports Group and …

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TotalEnergies Marine Fuels Supplies its First B100 Biofuel Bunker in Singapore

TotalEnergies Marine Fuels supplied its first B100 biofuel bunker on 5 August in Singapore, marking a significant expansion in its low-carbon fuels offer as it supports the decarbonization goals of global shipping. TotalEnergies Marine Fuels used an IMO Type II chemical bunker tanker, MAPLE, owned by Global Energy Group, to transfer 700 metric tons (mt) …

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