NEW FUELS

We are moving towards a more green and sustainable way of seaborne transportation and reducing greenhouse gases (GHG) is essential.

Several alternative fuels will assist the shipping community in reaching the goals set by IMO.

For more information on renewable energy options for a greener shipping industry, please go to below section and read the interview with Dan-Bunkering’s European Offshore Manager Christian Vandvig Finnerup.

IMO TARGETS

The IMO’s Marine Environment Protection Committee has approved a draft of new mandatory measures for a 40% reduction of carbon intensity compared to 2008 across the global shipping fleet. The decarbonisation target is to be reached by 2030. Furthermore, the industry is pursuing efforts towards 70% by 2050.

To achieve the targets of the IMO’s Marine Environment Protection Committee, it will require a mix of different initiatives, such as:

Alternative fuels
Substituting conventional fuel with alternative fuels like LNG, LPG, biofuels, methanol, hydrogen, ammonia, and synthetic fuels.

Slow steaming
Lowering of the emissions produced by reducing the amount of fuel burned by sailing in a slower pace.

Fleet- and voyage optimisation
Demand management to be utilised for improving the fleet and voyage plan, providing a reduction potential.

 

Energy- and operational efficiency
Improving the energy efficiency of the machinery, equipment, and ship design by using new technology and thereby providing a reduction of emissions. 

Alternative technologies
Using new innovative technologies like batteries, fuel cell systems, carbon capture, and wind-assisted propulsion.

Biofuel

What are biofuels?

LNG

What is LNG?

Other alternative fuels

Besides biofuels and LNG there are alternatives

Important Q&As (interview)

Read the interview with Christian Vandvig Finnerup, European Offshore Manager

Source: Internal research and external sources. None of the above should be used to guide commercial decisions without consulting with subject matter experts.