Energy

Translate

Open Translation

HØVIK, Norway: Classification society DNV says 298 ships with a power alternative to fossil fuel were ordered in 2023 – an 8.0 percent increase year-on-year. They included 138 orders for methanol, up from 38 in 2022, 130 for LNG and 11 powered by ammonia.

Faced with increasing pressure to reduce greenhouse gas emissions, including stricter targets set by the International Maritime Organization (IMO) in July 2023, companies placed orders for 106 methanol-power vessels followed by 13 bulk carriers and 10 car carriers.

Last year saw a drop in LNG-powered orders to 130 vessels compared to 222 in 2022. However DNV notes the number rises when only considering newbuilds, as many methanol orders were for retrofits.

Containership operators ordered 48 LNG-powered vessels followed by 40 from car carriers and 30 by tanker operators. With only five orders, hydrogen was a less popular choice in 2023 compared to 18 the previous year according to DNV’s Alternative Fuels Insight (AFI) platform.

“As we navigate towards a greener maritime future, the growing demand for alternative-fueled vessels speaks volumes,” commented DNV CEO Maritime Knut Ørbeck-Nilssen. “These orders send pivotal signals to fuel providers and other important partners on shipping’s decarbonisation journey. While it is clear that the maritime fuel technology transition is already underway, we now need to ensure the fuels powering these engines become available.”

DNV developed its AFI platform to support the shipping industry’s transition to what it describes as a cleaner, greener future. The database provides a complete overview of developments of alternative fuels and technologies, covering both investments on ships, in bunkering infrastructure and fuel production facilities.

The company has also identified solutions than can lead to the complete decarbonisation of maritime shipping including:

• Logistics – speed reduction, vessel utilisation, vessel size and alternative routes.
• Hydrodynamics – hull coating, hull optimisation, air lubrication and cleaning.
• Machinery – efficiency improvements, waste-heat recovery, engine de-rating, batter hybridization and fuel cells.
• Energy – LNG, LPG, biofuels, electrification, methanol, ammonia, hydrogen, wind power and nuclear.
• After treatment – carbon capture and storage.

“It is however crucial to emphasise that focusing solely on fuels may divert our focus from achieving a significant impact in this decade,” added Ørbeck-Nilssen. “What is required are concrete measures that actively lower emissions. Energy efficiency initiatives can yield decarbonisation outcomes both now and leading up to 2030.”

https://www.dnv.com/
Story Type: News

Vote for my Story

Our Rating: 9% - 1 votes

1000 Characters left


May 23, 2024
Energy Editor

U.S. corporate collusion ignores climate chaos for profit

WASHINGTON, DC: A report by advocacy non-profit group Oil Change International (OCI) says Chevron, ExxonMobil, Shell, TotalEnergies, BP, Eni, Equinor, and ConocoPhillips have no plans to meet the Paris Agreement goal of limiting global warming to 1.5°C. All…
January 16, 2024
Energy Editor

COP28 goal of tripling renewables closer says IEA

PARIS, France: The International Energy Agency (IEA) says the world added 50 percent more renewable capacity in 2023 than 2022 and forecasts the next five years will see even fastest growth. Almost 510 gigawatts (GW) were added to the global grid with solar…
December 08, 2023
Energy Editor

Ørsted begins construction of carbon capture project

COPENHAGEN: Ørsted has begun construction of two carbon capture (CCS) facilities designed to remove and store 430,000 tonnes of CO2 emissions annually from two biomass-sourced power stations. The woodchip-fired Asnæs power station in Kalundborg and a…
December 05, 2023
Energy Editor

ADNOC second largest oil producer by 2050

LONDON: According to Global Witness, the Abu Dhabi National Oil Company (ADNOC) - headed by COP28 president Sultan Al-Jaber - is on course to become the second largest oil producer in the world by 2050. Using industry data sourced from business intelligence…
November 27, 2023
Energy Editor

Maersk sources ‘green’ fuel from China

COPENHAGEN: Chinese energy developer Goldwind is to supply A.P. Moller - Maersk with 500,000 tonnes annually of ‘green’ bio-methanol and e-methanol. First volumes are expected in 2026 utilising wind energy to produce the new fuel from a facility in Hinggan…
November 17, 2023
Energy Editor

No sign of decline in fossil fuel expansion

BERLIN, Germany: Urgewald, a non-profit coal research group, and more than 50 NGO partners has published the second update of the Global Oil & Gas Exit List https://gogel.org/ The public database provides a breakdown of the activities of 1,623 companies…
November 13, 2023
Energy Editor

Cambridge University develops sustainable energy alternative to fossil fuels

CAMBRIDGE, UK: Cambridge University researchers have developed floating ‘artificial leaves’ that can generate clean fuels from sunlight and water as efficiently as plant leaves. Published in the journal Nature, the study shows it is possible to develop…
September 21, 2023
Energy Editor

DHL invests in Irish bio-methane production

CORK: DHL Supply Chain is investing €80 million in a local bio-methane production plant to supply enough green fuel for a fleet of 150 trucks and cut CO2 emissions by 15,000 tonnes per annum. The project includes partnering with grocery retailer Tesco Ireland…
September 20, 2023
Energy Editor

A.P. Moller Holding funds green methanol start-up

COPENHAGEN: A.P. Moller Holding and A.P. Moller Maersk (Maersk) have provided the capital for energy start-up C2X to produce three million tonnes of green methanol by 2030. Methanol, a fundamental building block in plastics, glues and textiles is almost…
September 19, 2023
Energy Editor

Logistics giants cooperate to save the planet

COPENHAGEN/MARSEILLE: A.P. Moller – Maersk A/S (Maersk) and CMA CGM are to advocate and develop the use of greener fuels in a bid to accelerate the decarbonisation of the maritime shipping industry. Both companies say they want to work with other shipping…
September 14, 2023
Energy Editor

Maersk’s ‘Laura’ returns with renewed energy

COPENHAGEN: European Commission president Ursula von der Leyen has named Maersk’s first methanol-powered container ship “Laura Maersk” at a ceremony in Copenhagen this week. Called after the company’s first steamship in 1886, von der Leyen said the new vessel…
September 05, 2023
Energy Editor

Bio-LNG now available in 70 ports worldwide

GENEVA: The Mediterranean Shipping Company (MSC) has joined SEA-LNG, the multi-sector industry lobby group for low-carbon alternatives to bunker fuel. Last year the world’s largest container shipping line introduced five dual-use LNG-powered vessels and has…

We are using cookies

By continuing you are agreeing to our use of cookies

I understand