Analysis by UMAS shows that if certain conditions prevail it will be no more expensive to decarbonise shipping than many other sectors of the economy
The study estimates that the EU has directly spent $250 million on Liquefied Natural Gas (LNG) projects in the marine sector, providing 50% partnership funding with the private sector to support a total of $500 million investment.
Multiple fuel options are on the table to reach zero emissions but all have their associated issues which need to be explored now both to identify the best of these options, and ensure they mature and become available.
The event, dubbed as the ‘Tony deBrum Declaration’, cap on carbon free shipping, will talk about how zero carbon shipping is possible today
New UK emissions study uses AIS (Automatic Identification System) data to estimate emissions and reveals domestic shipping fuel consumption to be approximately 250% more than previously estimated
Lloyd's Register (LR) and University Maritime Advisory Services (UMAS) have today released ‘Zero Emission Vessels 2030’, a new study that aims to demonstrate the viability of zero emission vessels (ZEVs) – identifying what needs to be in place to make them a competitive solution for decarbonisation.
UMAS in collaboration with Lloyd’s Register will present the findings of the study which aims to demonstrate the viability of Zero Emission Vessels: identifying the drivers that need to be in place to make them a competitive solution for decarbonisation.
At a Global Maritime Forum roundtable in London yesterday, the Carbon Pricing Leadership Coalition, Carbon War Room and UMAS worked with shipping leads from major global financial institutions to explore the challenges of decarbonisation for ship financing.
Timetabled to take place during COP23, 13th November 2017, the Ambition 1.5oC Global Shipping’s Action Plan, will gather experts from across the shipping industry to create the Action Plan required for shipping to meet the high ambition level indicated in the Paris Agreement.
Enhanced due-diligence undertaken today by financiers, shipowners and shareholders can help deliver long-term value and avoid losses by the mid-2020s