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		<title>PTT, AET Pen MoU to Build Zero-Emission Aframaxes</title>
		<link>https://cargonewstoday.com/ptt-aet-pen-mou-to-build-zero-emission-aframaxes/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 30 Sep 2022 13:07:28 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[AET Pen MoU]]></category>
		<category><![CDATA[Aframaxes]]></category>
		<category><![CDATA[PTT]]></category>
		<category><![CDATA[zero emission]]></category>
		<guid isPermaLink="false">https://cargoworldtoday.com/?p=37551</guid>

					<description><![CDATA[<p>The post <a rel="nofollow" href="https://cargonewstoday.com/ptt-aet-pen-mou-to-build-zero-emission-aframaxes/">PTT, AET Pen MoU to Build Zero-Emission Aframaxes</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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										<content:encoded><![CDATA[<div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper">
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			<p>Thai national energy company, PTT and tanker operator AET <span dir="ltr">have signed a Memorandum of Understanding </span><span dir="ltr">(MOU) for the development and construction of two</span><span dir="ltr"> </span><span dir="ltr">zero</span><span dir="ltr">&#8211;</span><span dir="ltr">emi</span><span dir="ltr">ssion</span><span dir="ltr"> </span><span dir="ltr">Aframaxes</span><span dir="ltr"> </span><span dir="ltr">to be powered by </span><span dir="ltr">green ammonia.</span></p>
<p><span dir="ltr">Jointly</span><span dir="ltr">,</span><span dir="ltr"> </span><span dir="ltr">PTT and AET working to </span><span dir="ltr">encourage the use of green ammonia as</span><span dir="ltr"> </span><span dir="ltr">a</span><span dir="ltr"> </span><span dir="ltr">main </span><span dir="ltr">propulsion fuel</span><span dir="ltr">.</span><span dir="ltr"> </span><span dir="ltr">AET will select a suitable shipyard</span><span dir="ltr"> </span><span dir="ltr">and</span><span dir="ltr"> </span><span dir="ltr">t</span><span dir="ltr">he</span><span dir="ltr"> </span><span dir="ltr">two zero</span><span dir="ltr">&#8211;</span><span dir="ltr">emission dual</span><span dir="ltr">&#8211;</span><span dir="ltr">fuel tankers </span><span dir="ltr">are</span><span dir="ltr"> </span><span dir="ltr">to be delivered to PTT for long</span><span dir="ltr">&#8211;</span><span dir="ltr">term charters</span><span dir="ltr"> </span><span dir="ltr">in Q4 2025</span><span dir="ltr"> </span><span dir="ltr">and</span><span dir="ltr"> </span><span dir="ltr">Q1</span><span dir="ltr"> </span><span dir="ltr">2026</span><span dir="ltr"> </span><span dir="ltr">respectively.</span></p>
<p><span dir="ltr"><strong>Disathat Panyarachun</strong>, S</span><span dir="ltr">EVP</span><span dir="ltr">,</span><span dir="ltr"> </span><span dir="ltr">International Trading B</span><span dir="ltr">usiness</span><span dir="ltr"> </span><span dir="ltr">U</span><span dir="ltr">nit</span><span dir="ltr">,</span><span dir="ltr"> </span><span dir="ltr">PTT: </span><span dir="ltr">“PTT is very pleased to sign MOU with AET, a member of the MISC Group, for our study to </span><span dir="ltr">develop the first net</span><span dir="ltr">&#8211;</span><span dir="ltr">zero emission Aframaxes as we are both aligned that the global shipping </span><span dir="ltr">community must act now and we s</span><span dir="ltr">ee green ammonia powered vessels as one of the pathways </span><span dir="ltr">to achieve the decarbonisation goals.</span></p>
<p><span dir="ltr">This latest partnership underscores PTT’s vision of Powering Life with Future Energy and Beyond </span><span dir="ltr">and the great importance we place on the development toward</span><span dir="ltr"> </span><span dir="ltr">low carbon society and investment </span><span dir="ltr">in clean energy as well as our long</span><span dir="ltr">&#8211;</span><span dir="ltr">term strategy to achieve carbon neutrality and net zero</span><br />
<span dir="ltr">Greenhouse Gas (GHG) emissions.”</span></p>
<p><span dir="ltr"><strong>Capt. Rajalingam Subramaniam</strong>, AET President &amp; CEO and MISC Group COO, said: </span><span dir="ltr">“</span><span dir="ltr">This</span><span dir="ltr"> </span><span dir="ltr">MOU signing</span><span dir="ltr"> </span><span dir="ltr">m</span><span dir="ltr">arks</span><span dir="ltr"> </span><span dir="ltr">another significant milestone</span><span dir="ltr"> </span><span dir="ltr">in our growing partnership with</span><span dir="ltr"> </span><span dir="ltr">PTT</span><span dir="ltr"> </span><span dir="ltr">as </span><span dir="ltr">we both place great</span><span dir="ltr"> </span><span dir="ltr">importance</span><span dir="ltr"> </span><span dir="ltr">on</span><span dir="ltr"> </span><span dir="ltr">driving the shipping</span><span dir="ltr"> </span><span dir="ltr">decarbonisation journey</span><span dir="ltr"> </span><span dir="ltr">ahead of 2050</span><span dir="ltr">. </span><span dir="ltr">Our</span><span dir="ltr"> </span><span dir="ltr">collaboration with PTT</span><span dir="ltr"> </span><span dir="ltr">also goes beyond</span><span dir="ltr"> </span><span dir="ltr">the</span><span dir="ltr">se</span><span dir="ltr"> </span><span dir="ltr">first</span><span dir="ltr"> </span><span dir="ltr">two</span><span dir="ltr"> </span><span dir="ltr">net</span><span dir="ltr">&#8211;</span><span dir="ltr">zero</span><span dir="ltr"> </span><span dir="ltr">green</span><span dir="ltr"> </span><span dir="ltr">ammonia</span><span dir="ltr"> </span><span dir="ltr">powered </span><span dir="ltr">Aframaxe</span><span dir="ltr">s</span><span dir="ltr">. </span></p>
<p><span dir="ltr">&#8220;A</span><span dir="ltr">s</span><span dir="ltr"> </span><span dir="ltr">like</span><span dir="ltr">&#8211;</span><span dir="ltr">minded partners</span><span dir="ltr">,</span><span dir="ltr"> </span><span dir="ltr">this MOU provides an avenue to work</span><span dir="ltr"> </span><span dir="ltr">together</span><span dir="ltr"> </span><span dir="ltr">on the </span><span dir="ltr">design, safety</span><span dir="ltr"> </span><span dir="ltr">and</span><span dir="ltr"> </span><span dir="ltr">operational</span><span dir="ltr"> </span><span dir="ltr">aspects as well as</span><span dir="ltr"> </span><span dir="ltr">reskilling of mariners as part of the deliverables </span><span dir="ltr">prior to</span><span dir="ltr"> </span><span dir="ltr">th</span><span dir="ltr">e</span><span dir="ltr"> </span><span dir="ltr">potential investment in this innovative project to meet the 2050</span><span dir="ltr"> </span><span dir="ltr">e</span><span dir="ltr">nvironmental agenda </span><span dir="ltr">earlier than later.</span><span dir="ltr"> </span><span dir="ltr">Providing</span><span dir="ltr"> </span><span dir="ltr">the</span><span dir="ltr"> </span><span dir="ltr">much</span><span dir="ltr">&#8211;</span><span dir="ltr">needed</span><span dir="ltr"> </span><span dir="ltr">boost to create  a</span><span dir="ltr"> </span><span dir="ltr">g</span><span dir="ltr">reen</span><span dir="ltr"> </span><span dir="ltr">a</span><span dir="ltr">mmonia corridor in </span><span dir="ltr">South</span><span dir="ltr">east</span><span dir="ltr"> </span><span dir="ltr">Asia</span><span dir="ltr"> </span><span dir="ltr">would be another desired outcome</span><span dir="ltr"> </span><span dir="ltr">of</span><span dir="ltr"> </span><span dir="ltr">this MOU.</span><span dir="ltr"> </span></p>
<p><span dir="ltr">&#8220;</span><span dir="ltr">For us, this</span><span dir="ltr"> </span><span dir="ltr">collaboration with </span><span dir="ltr">PTT</span><span dir="ltr"> </span><span dir="ltr">will be complementary to</span><span dir="ltr"> </span><span dir="ltr">t</span><span dir="ltr">he</span><span dir="ltr"> </span><span dir="ltr">Castor</span><span dir="ltr"> </span><span dir="ltr">Initiative</span><span dir="ltr">,</span><span dir="ltr"> </span><span dir="ltr">a</span><span dir="ltr"> </span><span dir="ltr">mul</span><span dir="ltr">ti</span><span dir="ltr">national coalition</span><span dir="ltr"> </span><span dir="ltr">championed by MISC </span><span dir="ltr">and its Castor partners</span><span dir="ltr"> </span><span dir="ltr">committed to</span><span dir="ltr"> </span><span dir="ltr">make</span><span dir="ltr"> </span><span dir="ltr">zero</span><span dir="ltr">&#8211;</span><span dir="ltr">emission in shipping a reality</span><span dir="ltr">. </span></p>
<p><span dir="ltr">With t</span><span dir="ltr">hese latest net</span><span dir="ltr">&#8211;</span><span dir="ltr">zero vessels</span><span dir="ltr">,</span><span dir="ltr"> </span><span dir="ltr">AET is contributing further to the development</span><span dir="ltr"> </span><span dir="ltr">of sustainability </span><span dir="ltr">shipping to</span><span dir="ltr"> </span><span dir="ltr">meeting the IMO’s</span><span dir="ltr"> </span><span dir="ltr">2030</span><span dir="ltr"> </span><span dir="ltr">Greenhouse Gas</span><span dir="ltr"> </span><span dir="ltr">(GHG)</span><span dir="ltr"> </span><span dir="ltr">intensity</span><span dir="ltr"> </span><span dir="ltr">reduction</span><span dir="ltr"> </span><span dir="ltr">agenda</span><span dir="ltr"> </span><span dir="ltr">and our </span><span dir="ltr">commitment</span><span dir="ltr"> </span><span dir="ltr">across the MISC Group to</span><span dir="ltr"> </span><span dir="ltr">net</span><span dir="ltr">&#8211;</span><span dir="ltr">zero GHG</span><span dir="ltr"> </span><span dir="ltr">emissions by 2050.”</span></p>
<p><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-37576" src="https://cargoworldtoday.com/wp-content/uploads/2022/09/lr-mr-disathat-panyarachun-senior-135507-scaled.jpg" alt="" width="2560" height="1733" srcset="https://cargonewstoday.com/wp-content/uploads/2022/09/lr-mr-disathat-panyarachun-senior-135507-scaled.jpg 2560w, https://cargonewstoday.com/wp-content/uploads/2022/09/lr-mr-disathat-panyarachun-senior-135507-300x203.jpg 300w, https://cargonewstoday.com/wp-content/uploads/2022/09/lr-mr-disathat-panyarachun-senior-135507-1024x693.jpg 1024w, https://cargonewstoday.com/wp-content/uploads/2022/09/lr-mr-disathat-panyarachun-senior-135507-768x520.jpg 768w, https://cargonewstoday.com/wp-content/uploads/2022/09/lr-mr-disathat-panyarachun-senior-135507-1536x1040.jpg 1536w, https://cargonewstoday.com/wp-content/uploads/2022/09/lr-mr-disathat-panyarachun-senior-135507-2048x1386.jpg 2048w" sizes="(max-width: 2560px) 100vw, 2560px" /></p>

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<p>The post <a rel="nofollow" href="https://cargonewstoday.com/ptt-aet-pen-mou-to-build-zero-emission-aframaxes/">PTT, AET Pen MoU to Build Zero-Emission Aframaxes</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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		<title>The Time to Reduce Port Emissions is Now</title>
		<link>https://cargonewstoday.com/the-time-to-reduce-port-emissions-is-now/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 10 Feb 2022 09:54:59 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[air pollution]]></category>
		<category><![CDATA[cargo shipping]]></category>
		<category><![CDATA[CO2 emissions]]></category>
		<category><![CDATA[emission]]></category>
		<category><![CDATA[maritime]]></category>
		<category><![CDATA[poor air quality]]></category>
		<category><![CDATA[port]]></category>
		<category><![CDATA[ports]]></category>
		<category><![CDATA[sea cargo]]></category>
		<category><![CDATA[sea containers]]></category>
		<category><![CDATA[sea delivery]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[shipping industry]]></category>
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		<category><![CDATA[vessel]]></category>
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		<category><![CDATA[zero emission]]></category>
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		<guid isPermaLink="false">https://cargoworldtoday.com/?p=25295</guid>

					<description><![CDATA[<p>Port operations across the country are vital to America’s economy, often coming at a cost to health and welfare of neighboring communities—notably, by emitting harmful emissions and producing poor air&#8230;</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/the-time-to-reduce-port-emissions-is-now/">The Time to Reduce Port Emissions is Now</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Port operations across the country are vital to America’s economy, often coming at a cost to health and welfare of neighboring communities—notably, by emitting harmful emissions and producing poor air quality.</p>
<p>Incorporating propane can help ports support economic growth while safeguarding our environment.</p>
<p>The loading and unloading of container ships at marine terminals requires a variety of cargo handling equipment, historically powered by diesel and gasoline. As the country seeks to reduce emissions and fight climate change, stevedores need reliable, efficient equipment to help them handle growing cargo volumes, as well as an energy source that doesn’t sacrifice environmental impact in the process.</p>
<p>While battery-powered EV equipment is answer for some applications, there are significant challenges to be overcome and it is important to consider other “Near Zero” emissions options with ultra-low NOx, including propane equipment.</p>
<p><strong>Propane offers ultra-low NOx “Near-Zero” emissions for port applications</strong><br />
Recently passed legislation outlining funding availability for ports infrastructure will help ports across the country make the switch to “Near Zero” emissions technologies and enable our ports to be better stewards of the environment today and into the future.</p>
<p>While many port authorities are making the jump to electrification thinking this equipment is the best solution for reducing emissions, they are likely unaware that propane is cleaner, with a reduced carbon footprint than electricity when lifecycle emissions and nominal electricity production emissions are taken into consideration. Using propane produces 43% fewer greenhouse gas emissions than using an equivalent amount of electricity generated from the U.S. grid, according to data from the Propane Education &amp; Research Council (PERC).</p>
<p>Switching to cleaner energy directly impacts the millions of people living near ports. Families can be exposed to air pollution output from diesel engines at ports and be at risk of developing asthma, heart disease, and other serious health problems. Equipment, vehicles, and marine vessels that burn diesel fuel are the primary source of combustion-related emissions at port facilities, according to the Environmental Protection Agency (EPA). Existing propane applications in ports include forklifts and small and medium-duty vehicles that are meeting today’s emissions regulations and sustainability goals.</p>
<p>Near-zero emission propane port tractors produce fewer emissions and cost approximately $200,000 less than electric models, meaning ports can afford to replace more of their diesel-powered fleet and achieve carbon reduction goals faster. Propane powered cargo handling equipment in development includes reach stackers, empty container handlers, and rubber-tired gantry cranes.</p>
<p>Plus, propane can support employees needing to operate equipment both indoors and out, whereas gasoline and diesel equipment aren’t fit for indoor use. Propane forklifts, for example, can safely operate in properly ventilated indoor spaces, thanks to the equipment’s low-emissions profile. Well-maintained propane forklifts meet or exceed nationwide indoor air quality standards, whereas gasoline and diesel can produce higher amounts of carbon monoxide and other harmful emissions.</p>
<p><strong>The Infrastructure Investment and Jobs Act<br />
</strong>A new $1.2 trillion law to improve America’s infrastructure creates an unprecedented opportunity for more fleets to take advantage of low emission energy sources, like propane. Propane is recognized in the Act as a clean alternative energy source and its inclusion is a major win for both ports and near-port communities, allowing more ports and dockworkers the opportunity to replace the use of diesel and gasoline on-site.</p>
<p>With funding available as of January 2022, the Infrastructure Investment and Jobs Act provides over $9 billion in funding for refueling infrastructure and clean vehicles and equipment—including $5 billion earmarked for ports. Propane-powered vehicles and refueling infrastructure are eligible for the following funding opportunities under the new law:</p>
<ul>
<li>$2.5 billion in grants for emissions reduction at port facilities</li>
<li>$2.5 billion in grants for charging and refueling infrastructure</li>
</ul>
<p>Ports interested in taking advantage of this funding can make the switch to propane knowing that it’s a go-to energy solution for their operation. Propane reliably powers on- and off-road vehicles including forklifts, light- and medium-duty vehicles, port and terminal tractors, shuttles, and small marine vessels.</p>
<p>Source: www.marinelink.com</p>
<p>Image: www.pexels.com</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/the-time-to-reduce-port-emissions-is-now/">The Time to Reduce Port Emissions is Now</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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		<title>The Push for &#8220;Green&#8221; Ships will Keep Ocean Freight Costs High</title>
		<link>https://cargonewstoday.com/the-push-for-green-ships-will-keep-ocean-freight-costs-high/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 29 Dec 2021 11:39:28 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[carbon emission]]></category>
		<category><![CDATA[climate change]]></category>
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		<category><![CDATA[global climate change]]></category>
		<category><![CDATA[green ships]]></category>
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		<category><![CDATA[Ocean freight costs]]></category>
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		<guid isPermaLink="false">https://cargoworldtoday.com/?p=21640</guid>

					<description><![CDATA[<p>Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.&#8230;</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/the-push-for-green-ships-will-keep-ocean-freight-costs-high/">The Push for &#8220;Green&#8221; Ships will Keep Ocean Freight Costs High</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.</p>
<p>Shipping, which transports about 90% of world trade and accounts for nearly 3% of the world&#8217;s CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action including a carbon levy.</p>
<p>The International Maritime Organization (IMO), the UN&#8217;s specialist shipping agency, has said it has made progress on short-term greenhouse gas (GHG) reduction measures.</p>
<p>But that timeline is not seen as fast enough by environmentalists and a number of the IMO&#8217;s 175 member countries.</p>
<p>&#8220;At the MEPC (IMO committee) meeting in June next year there will be a lot of heat and pressure on regulators to ensure that they come prepared to negotiate a solution rather than kicking the can down the road because of misalignment or negotiation tactics. It is really not acceptable,&#8221; said Christian Michael Ingerslev, chief executive of Maersk Tankers.</p>
<p>Last month countries including the United States at the COP 26 climate summit pushed for the IMO to adopt a zero emissions target by 2050.<br />
So far, its goal is to reduce overall GHG emissions from ships by 50% from 2008 levels by 2050.</p>
<p>&#8220;As far as the IMO is concerned, the negotiations process in 2022 will likely be very slow and onerous,&#8221; said Faig Abbasov with green group Transport &amp; Environment.</p>
<p>&#8220;The problem is in the very belief that a U.N. organisation with 175 members can come together and take tough decisions to decarbonise an entire economic sector.&#8221;</p>
<p>The IMO said concrete progress was made in 2021 on combating climate change including new regulations to improve the energy efficiency of the world fleet, adding that it would &#8220;work very hard&#8221; next year on the development of a revised GHG strategy, which will be finalised in 2023.<br />
&#8220;Where this is willingness to act, then processes can move faster,&#8221; said Roel Hoenders, head, air pollution and energy efficiency with the IMO.<br />
A proposal submitted at the IMO to create a $5 billion research and development fund to find the right technology to meet the targets is still under discussion with further talks kicked forward to next year.</p>
<p>Underscoring the challenges ahead will be the impact on poorer countries such as Pakistan.</p>
<p>While the country was a small carbon emitter, climate change had &#8220;directly impacted us hard&#8221;, Pakistan&#8217;s Federal Minister of Maritime Affairs Ali Haider Zaidi said.</p>
<p>&#8220;Developing countries cannot afford to spend on the type of infrastructure needed and therefore, developed countries must support the process at the IMO,&#8221; he told Reuters referring to the R&amp;D fund.</p>
<p>Financing the path ahead is another hurdle. Shipping will need $2.4 trillion to achieve net-zero emissions by 2050, with around $500 billion required by 2030, according analyst estimates.</p>
<p>&#8220;Certainly, the European banks at least and not far behind the American banks will have to meet criteria that satisfy sustainable finance,&#8221; said Tony Foster, chief executive of specialist asset manager Marine Capital.</p>
<p>&#8220;When it comes to new assets it is going to be increasingly difficult to fund anything that does not quite qualify and the same will be true, perhaps even more so, with existing assets.&#8221;</p>
<p>Darren Maupin, founder of leading fund manager Pilgrim Global, said companies in the shipping sector were grappling with how to secure finance with more ESG pressure.</p>
<p>&#8220;Capital is afraid &#8211; how do you invest in a 25-year asset when you have no idea what the IMO is going to do in five years,&#8221; Maupin said.<br />
&#8220;The industry has a far reduced ability to build ships and limited capital available to do so. Simple supply-demand suggests rates are going to be higher and the industry is going to have to generate more capital to fund itself.&#8221;</p>
<p>Source: www.marinelink.com</p>
<p>Image: www.pexels.com</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/the-push-for-green-ships-will-keep-ocean-freight-costs-high/">The Push for &#8220;Green&#8221; Ships will Keep Ocean Freight Costs High</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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		<title>Maritime Industry Will Struggle to Hit Zero-emissions Target, SMT Says</title>
		<link>https://cargonewstoday.com/maritime-industry-will-struggle-to-hit-zero-emissions-target-smt-says/</link>
		
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		<pubDate>Mon, 13 Dec 2021 10:54:11 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[carbon footprint]]></category>
		<category><![CDATA[cargo business]]></category>
		<category><![CDATA[cargo shipping]]></category>
		<category><![CDATA[fuel technology]]></category>
		<category><![CDATA[global climate change]]></category>
		<category><![CDATA[greener energy sources]]></category>
		<category><![CDATA[maritime]]></category>
		<category><![CDATA[maritime industry]]></category>
		<category><![CDATA[sea delivery]]></category>
		<category><![CDATA[seafarers]]></category>
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		<category><![CDATA[shipping companies]]></category>
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					<description><![CDATA[<p>Shipping companies under pressure to cut emissions by 50% by 2050 will struggle to find alternative energy sources that completely reduce their carbon footprint, says maritime training provider Stream Marine&#8230;</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/maritime-industry-will-struggle-to-hit-zero-emissions-target-smt-says/">Maritime Industry Will Struggle to Hit Zero-emissions Target, SMT Says</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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										<content:encoded><![CDATA[<p>Shipping companies under pressure to cut emissions by 50% by 2050 will struggle to find alternative energy sources that completely reduce their carbon footprint, says maritime training provider Stream Marine Training (SMT).</p>
<p>World leaders at the recent COP26 Summit in Glasgow, Scotland, have called on industries including maritime, which accounts for about 3% of global greenhouse gas emissions, to help tackle climate change.</p>
<p>The task is huge, with alternative energy sources such as hydrogen still leaving a carbon footprint because of how they are produced, according to Tony In’t Hout, Director of SMT. However, the company claims to be playing its part by educating others about the shipping fuels revolution.</p>
<p>“The maritime industry plays a vital role in addressing the global climate change crisis, by supporting movement of world trade in the most environmentally friendly way possible,” said In’t Hout, who is also a specialist consultant to many shipping companies that plan to adopt alternative, greener fuels.</p>
<p>“Making companies around the globe aware of how to handle new power sources and cargos safely and effectively requires a new generation of highly skilled seafarers, which is where we come in. As experts in new fuels, such as liquefied natural gas (LNG), hydrogen and ammonia, battery-powered technologies and everything from engineering to cargo handling of these products, we are the first port of call for any shipping company.”</p>
<p>In’t Hout said that with energy sources and fuel technology constantly evolving, seafarers need to understand how to operate passenger ships, ferries and car carriers loaded with battery operated vehicles that run on LNG or hydrogen.</p>
<p>“SMT plays a leading role, having been the first company to run courses on LNG and hydrogen awareness for shipping majors across all sectors including cruise, ferry, cargo, ship builders and salvage.”</p>
<p>Many seafarers working in the new fuels technology industry have been trained by SMT, according to Martin White, the company’s Chief Executive. “This gives them the knowledge and expertise to work safely on vessels carrying or powered by greener energy sources that will help shipping meet the mammoth goal of achieving zero emissions by 2025,” he said.</p>
<p>In recent months, SMT has launched the ‘Training and Competency for Alternative Fuels and Systems’ course to educate maritime workers and management. Candidates are taught what it means to leave a carbon footprint and about the safety precautions for working with new energy sources such as hydrogen.</p>
<p>“Another thing we teach is the dangers of using hydrogen,” said In’t Hout. “It has two molecules of water that will burn if the temperature goes above 2,400 degrees. When that happens, you get pure hydrogen which is highly flammable – a real threat to crew on a vessel if a fire breaks out. The reason being that a hydrogen fire will keep fueling itself, making it extremely difficult to put out.”</p>
<p>Source: www.marinelink.com</p>
<p>Image: www.pexel.com</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/maritime-industry-will-struggle-to-hit-zero-emissions-target-smt-says/">Maritime Industry Will Struggle to Hit Zero-emissions Target, SMT Says</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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