Fortnigthly maritime news for the industry and the PortXL community.
Methane, according to the Intergovernmental Panel on Climate Change (IPCC), accounts for about a quarter of all the heat trapped in the atmosphere since the pre-industrial era. In August the IPCC released a significant report in which for the first time it took aim at methane, something that is emitted from LNG-powered vessels and by energy majors in creating LNG. According to the IPCC, around 0.3C of the 1.1C that the world has already warmed by comes from methane.
Denmark, the United States and 12 other countries at the COP26 climate summit in Glasgow backed a goal to reduce shipping emissions to zero by 2050, something that will come up for discussion later in the month at the International Maritime Organization’s Marine Environment Protection Committee gathering. “We urge the IMO to take action to set ambitious targets to achieve zero emission shipping by 2050,” Danish prime minister Mette Frederiksen told reporters at COP26. “Carbon-neutral shipping is vital to reaching our climate goals.”
Major seaports and inland ports have set goals to be zero-emission ports by 2040. Seaports have undergone substantial changes, moving from being a simple gateway to seaborne transport and inland waterways, supporting local industries for goods import and export, to becoming empowered as business ecosystems allowing for a multitude of actors to pursue a variety of operations. Municipalities have played an important role in this evolution. Thus, ports are becoming a gathering force for government and private actors to engage in joint efforts to provide best-in-class services.
A coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed up the decarbonization of the global maritime industry, officials involved said. Shipping, which transports about 90% of world trade, accounts for nearly 3% of the world’s CO2 emissions.
BP, Shell, TotalEnergies, Equinor, EDF, EDP, Enel, Engie and Iberdrola among the 28 companies that signed up to H2Zero at COP26, pledging to produce and use more green and blue H2.
Among the many backers of energy sources lobbying hard in Glasgow this month during COP26, a major international climate summit, proponents of nuclear power are expecting to make inroads with regulators and the general public alike. When it comes to merchant shipping, which has entered a crucial decade of energy transition, there has never before been such strong backing for atomic power as today with multiple projects around the world in various stages of advanced development. John Kerry, the US climate envoy, hinted on Monday at a shipping decarbonisation press event at COP26 that shipping ought to look more into nuclear propulsion.
Several Greek shipping companies fell victim to a cyber attack on Halloween, resulting in the loss of important files. The companies affected used the communication systems of Danaos Management Consultants and came in direct contact with the company. Reportedly, the cyber attack blocked their communication with ships, suppliers, agents, charterers and supplies, while at the same time the files with their correspondence were lost.