Enhanced due-diligence undertaken today by financiers, shipowners and shareholders can help deliver long-term value and avoid losses by the mid-2020s
Researchers from UMAS and the University of the South Pacific (USP) undertake a comprehensive analysis of the discussions in IMO MEPC 69 relating to shipping’s contribution to global efforts to reduce GHG emissions.
UCL Energy Institute Reader in Energy and Transport, Dr Tristan Smith and Director Safety & Environment, UK Chamber of Shipping, David Balston will look at the recent policy developments at the United Nations International Maritime Organisation (IMO) on the subject of targets for shipping, which was left out of the UNFCCC COP21 agreement. The presentations will look at the consequences of targets and what options exist for shipping to tread in the 1.5/2 degrees pathway, from a modelling perspective and from the shipping industry viewpoint.
Last week saw the first test of the political will enshrined in the Paris Agreement, not just because of the signing of the treaty at the UN headquarters in New York, but also because the same signatory countries convened in London to discuss greenhouse gas reduction measures, inter alia, for the shipping industry. The UMAS team, which included Dr. Tristan Smith, Dr. Simon Davies, Isabelle Rojon and Dr. Nishatabbas Rehmatulla were involved in various strands of work related to the agenda item on GHG reductions from shipping.
Dr Tristan Smith talks about the research taking place at the Energy Institute shipping group and the journey towards more data to understand the energy efficiency and CO2 intensity of shipping with the Shipping Podcast
Researchers at UCL Energy Institute use the methodology they developed for the Third IMO GHG Study 2014 and AIS data to estimate emissions from five different ship types and display this in a new interactive map that plots 250 million data points to show the movements of the world’s commercial shipping fleet over the course of the year 2012.
Dr Tristan Smith joins a team of eminent industry figures to guide Carbon War Room’s strategy on continuing to reduce carbon emissions profitably in shipping.
Researchers from UCL-Energy and UCL Research Software Development Group have published a paper examining the effects on ship speeds as a result of MARPOL regulations for emission control areas (ECA's).
UCL Energy Institute has been included in Lloyd’s List’s top 10 regulators of the shipping industry in 2015.
International shipping is the system that enables globalisation, the way it quietly and efficiently executes its role has given rise to its labelling as “the handmaiden of world trade”. But this vital enabler of trade, export led economic growth and import of goods fundamental to our standard of living (energy, food shelter) is also heavily dependent on fossil fuels. The consequence being that it contributes a significant and growing share of anthropogenic greenhouse gases.
In this public seminar, Dr Tristan Smith argues that the ‘current policy’ trajectories for shipping are diametrically opposed to the direction of travel that the overall global economy will need to avoid the risk of dangerous climate. His talk will explore the evidence base that can be used to understand both the challenge ahead for the sector, the risks and the opportunities.