Industry Leaders, Organizations Call for Govt. Action to Fully Decarbonize Shipping by 2050

(Global Maritime Forum/Biobased Diesel Daily)Signatories of the Call to Action for Shipping Decarbonization urge world leaders to align shipping with the Paris Agreement temperature goal. The private sector is already taking important steps to decarbonize global supply chains. Now governments must deliver the policies that will supercharge the transition and make zero-emission shipping the default choice by 2030.

Full decarbonization of international shipping is urgent and achievable. This is the clear message from more than 150 industry leaders and organizations representing the entire maritime value chain, including shipping, cargo, energy, finance, ports, and infrastructure. In conjunction with the UN General Assembly and ahead of critical climate negotiations at COP26 in Glasgow, Scotland, this November, they call on governments to work together with industry to deliver the policies and investments needed to reach critical tipping points in decarbonizing global supply chains and the global economy.

Signatories to the Call to Action for Shipping Decarbonization include some of the world’s largest actors in global trade: Anglo American, A.P. Moller-Maersk, BHP, BP, BW LPG, Cargill Ocean Transportation, Carnival Corp., Citi, Daewoo Shipbuilding & Marine Engineering, ENGIE, Euronav, GasLog, Hapag-Lloyd, Lloyd’s Register, Mitsui O.S.K. Lines, MSC Mediterranean Shipping Company, Ocean Network Express, Olympic Shipping and Management, Panama Canal Authority, Port of Rotterdam, Rio Tinto, Shell, Trafigura, Ultranav, Volvo, and Yara.

Ships transport around 80 percent of global trade and account for about 3 percent of global greenhouse gas (GHG) emissions. In 2018, the UN’s International Maritime Organization adopted an initial GHG strategy. It aims to reduce international shipping’s total annual GHG emissions by at least 50 percent of 2008 levels by 2050. The strategy is set to be revised in 2023.

The private sector is already taking concrete actions to decarbonize shipping. This includes investing in research, design and development, and pilot projects; ordering and building vessels operated carbon neutrally; buying zero-emission shipping services; investing in the production of net-zero emission fuels; investing in port and bunkering infrastructure; and assessing and disclosing the climate alignment of shipping related activities.

Signatories of the Call to Action for Shipping Decarbonization call on world leaders to:

Learn more about the Call to Action for Shipping Decarbonization and see the full list of signatories here.

Learn more about what concrete actions Signatories of the Call to Action for Shipping Decarbonization are taking in support of shipping decarbonization here. cop26 READ MORE

Excerpt from Hellenic Shipping News: Biodiesel is another “here and now fuel” that is very pertinent because it is a “drop-in” fuel, Bhatti said.

In April, BHP said that it, along with, German shipping company Oldendorff Carriers, advanced biofuels pioneer GoodFuels, and with the support of the Maritime and Port Authority of Singapore conducted the first marine biofuel trial involving an ocean-going vessel bunkered in Singapore on April 4.

As part of the trial, the 2020-built 81,290 Dwt dry bulk carrier Kira Oldendorff was refueled with “drop-in” advanced biofuel blended with conventional fossil fuels.

The technical results of that experiment were excellent in engine usage, maintenance, and the results from the captain and chief engineer were very positive, Bhatti said, noting that an approximate 82% CO2-e well-to-wake reduction was achieved during the trial.

“We’re launching an RFI [request for information] in the next 2-3 months for steady-state supply of biodiesel into Singapore,” Bhatti said. READ MORE