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Alternative Fuels TEST

The 2015 Paris Agreement on climate change – agreed by the majority of United Nations members – sets challenging and far-reaching goals that require sizeable reductions in carbon dioxide (CO2) emissions and greenhouse gases (GHG).

The International Maritime Organisation (IMO) has made the urgent need to address climate change a prominent feature of its strategic plan, and sets out its own ambitious goals for the shipping industry between now and 2050 (all compared to 2008 levels):

By 2030

By 2050

By 2050

We are focused on a supportive role that, through the entire timeline, provides members and brokers with all the information needed to make an informed choice and decision along the journey to decarbonization.

Alternatives to fossil fuels

Despite the need for urgent action, there is some inertia in the industry. This is largely caused by the lack of clarity and direction about which alternative to adopt and the need for greater detail on the potential safety, cost of implementation, the emissions efficiency of each fuel on both ship and shore, and the ‘well-to-wake’ carbon impact.

Currently, the shipping industry is considering a number of alternative fuels as replacements for conventional fuels, all with their own unique set of benefits – and challenges.

The main alternatives to fossil fuels being considered are:

Key Contacts

Yves Vandenborn

Yves Vandenborn

Head of Loss Prevention - Asia Pacific

work Tel +65 6995 6929
work fax Mobile +65 9879 8606

140 Cecil Street
#16-03/04 PIL Building
069540
Singapore

View Yves profile

David Roberts

David Roberts

Head of Asia Pacific

work Tel +65 6995 6906
work fax Mobile +65 8518 1103

140 Cecil Street
#16-03/04 PIL Building
069540
Singapore

View David profile

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