Regulations towards shipping decarbonisation

The only way that shipping companies can be competitive in the future shipping market is to prepare their operations and their fleet towards the green transition. The regulations for the vessels, new fuels, emission trading and demands of customers and financiers require deep understanding of technical and operational alternatives. In 2023, the International Maritime Organization … Continue reading Regulations towards shipping decarbonisation

Päästökauppa muuttaa merenkulkua

Kasvihuonekaasupäästöjen kauppa Euroopan unionissa ulottuu nyt laivaliikenteeseen. Vuonna 2024 varustamoiden on ostettava päästöoikeuksia 40 prosentille päästöistään ja vuonna 2027 jo sata prosenttia. Esimerkiksi Suomessa vuonna 2022 laskettiin päästöoikeuksien kaupan kustannusten olevan noin puoli miljardia euroa, mikä on vain puoli prosenttia koko Suomen ulkomaankaupan arvosta (66 miljardia euroa). Tämä tarkoittaa, että suomalaisten tuotteiden keskimääräinen hinnannousu jää … Continue reading Päästökauppa muuttaa merenkulkua

Money Guides the Maritime Green Transition

It is often said that ‘the only green the maritime sector follows is the dollar’. The maritime green transition will become true when it is financially justifiable and increases the competitiveness of shipping companies. Environmental regulations In 2018, the International Maritime Organization (IMO) set a goal of reducing greenhouse gas emissions of shipping by 50 … Continue reading Money Guides the Maritime Green Transition

A quick guide to maritime greenhouse gas emission regulations

By 2050, shipping will change more than it has in decades due to stricter environmental regulations. But what are those regulations? Do we know what the cryptic abbreviations EEDI, EEXI, MRV, CII mean? And above all, which ships they concern, which of them is important and what pitfalls are there. Here is a very short … Continue reading A quick guide to maritime greenhouse gas emission regulations

What is the fuel of the future shipping?

Next winter will be difficult throughout Europe. The prices of fossil fuels, coal, gas and electricity have skyrocketed as a result of the war in Ukraine. On the other hand, the increase in the price of fossil energy accelerates the development and introduction of renewable forms of energy. Different alternative fuels are also constantly brought … Continue reading What is the fuel of the future shipping?

Global Maritime Forum proposes Baltic Sea ferry lines as Green Corridors

Global Maritime Forum offers a financially feasible tool for decarbonising Baltic Sea ferry lines. The European Union (EU) is introducing new regulation to reduce GHG intensity and emissions from the shipping industry under the ‘Fit for 55’ package to achieve the decarbonization goals set out in the European Green Deal. Global Maritime Forum writes that … Continue reading Global Maritime Forum proposes Baltic Sea ferry lines as Green Corridors

Stricter environmental norms are coming – how can shipping companies cope?

Martin Stopford, the world’s best known maritime economist wrote in April 2020: “In the next 20 years the maritime industry must rebuild its cargo fleet. If this is done with the radical technologies now available, it will lead to the biggest change in ship design since steam replaced sail in the 19th century.” Shipping has … Continue reading Stricter environmental norms are coming – how can shipping companies cope?