Shipping’s ubiquity means that even marginal trends and improvements can have significant environmental impacts. Read on.
“Very few people understand that shipping is the engine of global trade, moving more than 90 per cent of global trade and energy supplies,” said Carleen Lyden Walker, the Connecticut-based executive director of the North American Marine Environment Protection Association, which brings together industry, government, regulatory, conservation and educational organizations to help preserve the marine environment.
“There is no simple way for the industry to decarbonize,” Antonia Panayides, a London-based partner in Reed Smith LLP’s transportation group, said.Article contentAlthough the International Maritime Organization, a United Nations agency that regulates global shipping, has set ambitious decarbonization targets for the sector by cutting allowable sulphur levels in marine fuel and reducing carbon emissions by 40 per cent no later than 2030, challenges abound.
Shipping containers stacked at the Guangzhou Nansha Container Port are seen from CMA CGM SA’s Benjamin Franklin container ship docked at the terminal in Guangzhou, China.The irony is that routing has traditionally been based on history and weather patterns, rather than economic considerations. HD Hyundai Co. Ltd., through its subsidiary Avikus Co. Ltd., provided a glimpse of what’s to come when Prism Courage, its 122,000-ton, ultra-large natural gas tanker, sailed 12,427 miles — half of its voyage from Texas to Korea — under the control of an autonomous navigation system.Article content
“The increase of electrical charging points for offshore support will encourage vessels owners to switch to fully electric or hybrid vehicles,” Panayides said. “Ships have been semi-electric for some years now, with 80 per cent using a diesel-electric transmission.” “Although there are ongoing discussions as to whether net zero is achievable, this is an industry that does what it says and does not make empty political promises,” Heider said. “The IMO will not commit deeper until it has the mechanisms to do so.”Photo by REUTERS/Fabian Bimmer/File Photo
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