Tag Archives: International Maritime Organization

Hydrogen-Powered Vessel Paves the Way for Zero-Emission Shipping

A hydrogen-powered passenger vessel, Hydroville, was launched by the Antwerp-based maritime group Compagnie Maritime Belge (CMB). It is the first certified vessel to use dual fuel-combustion engines, burning both hydrogen and diesel to power its propulsion. Hydrogen-injected diesel engines aren’t covered by the standard rules of the marine classification society, and Lloyd’s Register says it used a risk-based design approach

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Carbon Risks to Ship Financiers Detailed in Executive Report

An executive report released this month details the complicated relationship of ship-financing banks, their risk premiums and lending portfolios with energy-efficient ship design, split incentives for owners and the monitoring, reporting and verification (MRV) requirements from the IMO and the EU. The report was published by the Carbon Pricing Leadership Coalition (CPLC), an organization geared toward tracking carbon effects on

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Bureau Veritas joins Global Industry Alliance to Support Low-Carbon Shipping

Inspection and certification organization Bureau Veritas joined 15 other members in the Global Industry Alliance (GIA), a public-private partnership that aims to bring together maritime industry leaders to support an energy-efficient and low-carbon maritime transport system. GIA was created in June 2017 under the GloMEEP (Global Maritime Energy Efficiency Partnerships) Project, which is jointly supported by the Global Environment Facility (GEF),

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