A global shipping consortium is proposing a levy of $2 per metric ton of bunker fuel for research and development to help eliminate carbon dioxide (CO2) emissions from the industry.
The proposal, which would raise $5 billion over 10 years, will be considered at the next meeting of the International Maritime Organization’s Marine Environment Protection Committee (MEPC). The goal is to accelerate funding for commercially viable zero-carbon shipping by the early 2030s.
The industry is hoping the new International Maritime Research and Development Board will jump-start research that will be useful for ships that enter service in the late 2020s or 2030, and also identify transitional fuels for existing vessels, said Kathy Metcalf, president and chief executive officer of the Chamber of Shipping of America. The CSA is a member of the International Chamber of Shipping, one of the backers of the research program.
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Mariner's role still unknown as autonomous shipping gains speed
Marinersâ role still unknown as autonomous shipping gains speed
Piracy edges closer to home with wave of raids in southern Gulf
In the brief cellphone video recorded by a crewmember on the offshore supply vessel (OSV) Remas, the pirates walk back and forth on the deck of the ship, clenching their guns and using them to point as they order around the crew. Their faces are draped in clothing and bandanas.
Casualties
NTSB: Dredge hit Texas gas pipeline, causing fire that killed four
IMO emissions report raises new concerns about methane slip
A recent report from the International Maritime Organization (IMO) reveals that global shipping emissions increased nearly 10 percent from 2012 to 2018, with the industry facing a growing challenge concerning methane slip.
Bay State brothers find industry niche by making old into new
Zero non-conformities is what you want to hear when the U.S. Coast Guard inspects your tugboat. Once youâve prepared your vessel, the inspectors come aboard to peruse your paperwork. They ask you pointed questions, to which they expect straightforward answers. Perusal completed, they then scrutinize all of the related safety systems, from bilge to antennas â even the shipâs bell.
Signals
A year into the pandemic, thousands âessentially indenturedâ on ships
Analysis points to faulty loading, low ballast in Golden Ray rollover
While the salvage of the sunken vehicle carrier Golden Ray has been delayed for months due to COVID-19 and the hurricane season, analysis by the U.S. Coast Guard has determined a possible cause for the rollover: a combination of vehicles placed too high on the shipâs decks, and not enough ballast water gave the placement of the cargo.
Seastreak newcomer pushing through dip in demand
Two years ago, Seastreak LLC took delivery of Seastreak Commodore, a 600-passenger fast ferry, from Gulf Craft of Franklin, La. Designed by Australia-based Incat Crowther, the vessel is the largest of its kind in the United States and was built to meet the burgeoning demand for service in the New York-New Jersey market.
New year in a new world: Navigating COVID's maritime realities
In a matter of days, the decorative time balls will drop, âAuld Lang Syneâ will fill the air, and ships at anchor will sound their horns as the world welcomes in the new year.
Advanced props, rudders provide new efficiencies below the waterline
It took a decade or two from the invention of the marine propeller in the 19th century for the technology to become widely accepted. Thereafter, adoption has been nearly universal, but progress toward improved efficiencies has come in fits and starts.
