Low Carbon Shipping & Shipping in Changing Climates

A Research Led Consortium on Sustainable Shipping

 
 

Shipping in Changing Climates Conference 2016

10th - 11th November 2016, Newcastle University

Call for Papers and Presentations

Shipping in Changing Climates invites full papers and presentations from policy developers, marine technologists, operators and industry. Although the conference is focused on the Shipping Industry, it also welcomes contributions from other transport sectors on related topics, including:

    • Operating schemes to mitigate climate change
 
    • Technologies for energy efficiency

    • Alternative fuels

    • Design of environmentally friendly ships

    • Performance verification, monitoring and management

    • Optimisation of logistics

    • Policies, regulations and strategies for sustainable shipping

    • Measuring and mapping shipping emissions

    • Impact of energy prices on sustainable shipping


For more information and to submit your abstract please visit the conference website.

The deadline for abstract submission is 16th September 2016

New Report Shows Efficiency Doesn't Reward Owners

University College London (UCL) Energy Institute and Carbon War Room have published a report looking at the role of energy efficiency in vessel competitiveness by bringing together data on market dynamics and data on vessel operational patterns derived from the Automatic Identification System (AIS).

The research showed that vessels with higher design efficiency, as measured by the GHG Emissions Rating, save more fuel on average than design alone would indicate. This means, for example, that in 2012 the difference in fuel costs between a B-rated and an F-rated Capesize vessel was, on average, $5,500 per day, or nearly $1.5 million annually; a higher difference than would be anticipated based on design.

Despite this, efficient vessels do not appear to deliver significant rewards for anyone other than the fuel payer. In the time charter market, charterers appear to be reaping rewards when they choose vessels with high GHG Emissions Ratings, but owners of efficient ships do not share in the benefits. On average, there should be a fuel saving for charterers choosing vessels with high GHG Emissions Ratings, according to the study.  

The full report is available free to access HERE

New Report suggests shipping needs to start its decarbonisation imminently

Lloyd’s Register (LR) and Shipping in Changing Climates, a $4m multi-university and cross industry research project funded by EPRSC, has today released Low Carbon Pathways 2050 – a new study that details a number of potential pathways for the shipping industry’s transition to a low carbon future.

The report underlines the need for shipping to start its decarbonisation imminently – as stringency increases over time, increasingly high-cost mitigation steps are required. The later we leave decarbonisation, the more rapid and potentially disruptive it will be for shipping.

Key findings of the study include:

• Shipping will need to start its decarbonisation imminently – as stringency increases over time, increasingly high-cost mitigation steps are required. The later we leave decarbonisation, the more rapid and potentially disruptive it will be for shipping.
• All are ‘possible’ options for achieving absolute reductions of a scale and timeliness consistent with the Paris Agreement.
• A substitute for fossil fuel will still be required as energy efficiency improvements alone will not be sufficient in the medium to long term.
• Energy storage in batteries and renewable energy sources will have important roles to play, but are likely to still leave a requirement for a liquid fuel source.
• Additional regulations that may be developed for other emissions need to be considered, for example; methane, black carbon and particulate matter.
• Technological and operational characteristics are just some of the considerations that need to be taken into account.

Download the full report

 

Strategic Communications Manager, International Shipping vacancy at European Climate Foundation

The ECF’s Strategic Communications Team currently accepts applications for the role of Strategic Communications Manager, International Shipping, to work alongside the organisation’s Maritime & Arctic Programme and their “HFO Free Arctic” campaign to help increase demand for a cleaner shipping future.

Working as part of an international team of expert communicators, the successful candidate will provide strategic communications capacity to a wide network of partners, enabling them to run impactful communications campaigns, raise awareness around priority issues and create more space for action on the climate and wider environmental impacts of global shipping.

For more details please vist ECF website

SCC Conference 2016 papers now available

Papers from the third SCC conference held at the Newcastle University on the 10th & 11th November are now available. The conference brought together academics and industry to find ways to help shipping transition towards a low carbon future. Paper topics included data analysis and energy efficiency, low carbon design and technologies, modelling, alternative fuels, economics and policy of low carbon shipping. Full list of papers can be found in the publications section.

 

New Report suggests climate risks should not be left unchecked by major shipping banks

Enhanced due-diligence undertaken today by financiers, shipowners, and shareholders can help deliver long-term value and avoid losses by the mid-2020s

UMAS and Carbon War Room (CWR) have released research that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt, and lays out the first approach to climate stress-testing of shipping assets. Navigating Decarbonisation: An approach to evaluate shipping’s risks and opportunities associated with climate change mitigation policy proposes that enhanced due-diligence undertaken today by financiers, shipowners, and shareholders can help deliver long-term value and avoid losses by the mid-2020s.

By examining outcomes of investment approaches in a range of future scenarios in the newbuild drybulk fleet (60,000–99,999 dwt), the research assesses whether the industry is exposed to climate policy-driven risks and how to manage these risks. This is the first known scenario analysis of decarbonisation risks in shipping.

The key takeaway from the report is for financiers and shipowners to be prepared and thus it is crucial to future-proof assets now and plan for flexibility from the onset, through for example, designing for future retrofits and using innovative financing mechanisms to deal with a variety of future scenarios. Scenario analysis that combines an integrated techno-economic assessment with a number of foreseeable policy scenarios can help navigate future uncertainties and help financiers and shipowners make more informed decisions about their assets.

The full report is available to download here.

 

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