• Home
  • News
  • Zero-carbon fuel readiness on the rise but challenges remain - LR
  • 2022 August 15 16:41

    Zero-carbon fuel readiness on the rise but challenges remain - LR

    The Lloyd’s Register Maritime Decarbonisation Hub’s Zero-Carbon Fuel Monitor (The Monitor) has found that while alternatives to fuel oil are gradually being developed, these alternatives are at varying levels of readiness in meeting the industry's target of having zero carbon fuels in 5% of the international shipping fuel mix by 2030, which is the key near-term milestone for the shipping industry's Race to Zero breakthrough, according to LR's release.

    In its July 2022 report, the Hub’s research indicates that readiness has risen for methanol, ammonia and hydrogen across many supply chain stages compared with the end of 2021. Readiness levels are appraised from the perspectives of technology, investment and community. The assessment was carried out across the end-to-end fuel supply chain, divided into five stages—resources, production, bunkering, onboard storage and propulsion.

    In December 2021, The Monitor assessed the technological readiness of resources for ammonia, hydrogen and methanol based on natural gas as level 3; this went up to level 4 in June 2022.

    Technology, investment and community readiness for methanol bunkering was also higher and there was also an increase in ship storage and propulsion readiness for methanol.

    The findings reflect the transition of methanol bunkering from the demonstration stage to early market introduction, as Waterfront Shipping, the shipping arm of Canadian methanol producer Methanex Corporation, recently took delivery of six chemical tankers with methanol capability. Classification societies including LR have also published rules and regulations pertaining to methanol bunkering.

    This year, Maersk Line, X-press Feeders and AAL Shipping have ordered a total of 26 ships that can be methanol-powered, adding momentum to the push for methanol bunkering.

    However, technology readiness for bio-methanol production remains far from ideal. Bio-Methanol facilities announced in the past six months are either not expected to be used to produce marine fuels or are too small a scale to be capable of producing incidental fuel for small fleets such as those announced in Maersk’s agreements with fuel producers.

    The relatively lower were concerned, was attributed to a lack of clarity on long-term sustainability of the fuels and technologies used to make them. There is thus, a need for more lifecycle analysis of the environmental and socio-economic impact of the fuels. Standards and regulations are also required.

    Particularly, ammonia can be toxic in the water and the effects of ammonia spills on the ocean ecosystem are still being evaluated.

    The environmental impact of ocean leakage therefore needs to be identified to boost community readiness for ammonia as ship fuel.

    According to the monitor, the effects of an ammonia spill in various areas should be studied and mitigation measures implemented to reduce the risks of a spill. The clean-up or treatment of water where there has been a fuel spill should also be studied.

    Technology and community readiness are also progressing faster than investment readiness, which requires regulatory incentives. Green corridor initiatives such as The Silk Alliance and The Montreal-Antwerp pledge will further support investment readiness.

    At COP26, the Clydebank Declaration recognised the need to link supply chains and investment, and that international cooperation is needed to unlock the amount of investment required to reach the industry’s decarbonisation goals. The signatories to the Clydebank Declaration have helped spur several green corridor initiatives.

    In its update, the Monitor concludes that efforts need to be stepped up to make an impact on fuel readiness. This includes developments such as electrolysers for hydrogen, direct air capture for renewable fuels, carbon capture and storage.




2022 October 6

19:30 Loading of General Chernyakhovsky ferry begins following flag-hoising ceremony
18:07 MSC updates Noumea Express service
17:29 Russian Maritime Register of Shipping issues statement on the EU Council press release of October 6, 2022
17:27 100-pct stock of Murmansk Sea Fish Port collected in favor of the state under action filed by FAS
17:12 EU adopts its latest package of sanctions against Russia
17:05 Three partners to join the North Field South development project
16:58 Nexans signs Empire Wind contract to bring renewable energy to New York
16:39 RF Government counts on having about 1,100 various ships built at domestic shipyards by 2030
16:38 JCB appoints Maersk as its new global Lead Logistics Provider
16:13 Port Houston orders 26 eco-efficient hybrid Konecranes RTGs
15:35 EST-Floattech signs contract for refit to hydrogen-electrical propulsion of 'FPS Maas' inland shipping barge
15:20 Cargo traffic on North-South ITC can double by 2030 – Mikhail Mishustin
14:58 KSOE wins orders for 7 vessels worth over KRW2tn - BusinessKorea
14:37 EU agrees on eighth package of sanctions against Russia
13:41 MABUX: Bunker Weekly Outlook, Week 40, 2022
13:19 Port of Gdansk handled over 7.6 million tonnes of coal year-to-date
12:55 Allseas to fit vessels with hybrid power solutions from Kongsberg Maritime
12:15 Russian ships can carry about 90 million tonnes of cargo per year
11:36 LR signs contract with Birdon for new Royal Australian Navy Sail Training Ship
11:08 First batch of coal shipped from Syradasayskoye field on Taimyr peninsula
10:34 AB Klaipėdos Nafta declares purchase option to acquire Independence
10:30 Oil production in Russia to decrease by 6-7% in 2023 - Alexander Novak
10:09 NYK and Group Company to introduce integrated shipping system as a DX Foundation
09:47 Wartsila and Capital Gas to partner in greenhouse gas reduction with Fleet Decarbonisation Programme
09:26 OPEC+ approved oil production cut by 2 million barrels a day
09:01 MABUX: In Global bunker market upward trend to continue on Oct 06
07:50 Crowley completes the purchase of 42 acres in Salem, Massachusetts, for the development of the state’s second major offshore wind port terminal

2022 October 5

18:37 Austal Australia to undertake patrol boat autonomy trial for Royal Australian Navy
18:06 Associated British Ports signs new agreement with the UK’s largest privately owned fertiliser importer
17:55 Initiation ceremony for cadets of Admiral Makarov State University of Maritime and Inland Shipping held in Kronstadt
17:36 Kongsberg Digital signs new partnership agreement with Alpha Ori Technologies
17:25 Unmanned electric passenger ships can appear in Saint-Petersburg
17:06 MSPs back Forth Green Freeport bid to deliver green growth plan for Scotland
16:52 DSME lands LNG carrier orders worth KRW1.85tn - BusinessKorea
16:08 GTT receives an order from Hyundai Heavy Industries for the tank design of seven LNG carriers
15:50 Container traffic on Russian Railways’ internal network in 9M’2022 rose by 3.6% YoY
15:36 WSC, ICS and ASA submit their input to the European Commission on the renewal of the CBER
15:27 Bunker sales at Vladivostok port in 9M’2022 fell by 28% YoY
15:04 Alfa Laval to be a technology partner for the project to investigate the on-board capture, storage and off-loading of carbon dioxide
14:41 IMO's GreenVoyage2050 celebrates five years of its Global Industry Alliance to Support Low Carbon Shipping
14:18 Marine passenger infrastructure of Saint-Petersburg should be converted to cater for inland water transport ‒ expert
14:12 ABS approves pioneering autonomous technology for HHI Group
13:54 NOREBO commences preparation works on construction of reefer terminal “Udarnik” in Murmansk Region
13:32 Pavilion Energy and MOL name newbuild LNG bunker vessel
13:02 General cargo ship bound for Russia disabled in Bosphorus - FleetMon
12:42 USC commences serial production of propulsion/steering units ДРК1200М
12:20 UK Government funds consortium led by Unitrove to deliver world’s first zero-emission multi-fuel station for hydrogen and electric ships
12:01 Finnlines to launch two new ro-pax vessels in autumn 2023
11:36 MOL signs LNG carrier charter contract for Sakhalin II project
11:29 Throughput of Azov port in 9M’2022 fell by 13% YoY to 6.8 million tonnes
11:21 Port of Rotterdam Authority presents future scenarios for 2050
11:01 Singapore sets out to drive transformation in bunkering on the world's largest forum for the marine fuel industry
10:39 A.P. Moller - Maersk orders six large ocean-going vessels that can sail on green methanol
10:20 Anemoi and COSCO Shipping Heavy Industry to offer full wind propulsion technology installation services
10:05 Shearwater GeoServices to introduce the geophysical company’s first dual ROV seismic vessel
09:39 MOL joins Blue Visby Consortium
09:28 Traffic volumes on Ust-Luga – Baltiysk ferry line are stable
08:52 MABUX: Upward changes to continue in Global bunker market on Oct 05

2022 October 4

18:43 Samskip adds Value Maritime CO2 capture to decarbonisation strategy
18:32 DEME upgrades DP fallpipe vessel fleet