As the shipping industry grapples with its significant contribution to global greenhouse gas emissions (GHG), accounting for approximately 3%, alongside exacerbating water and underwater noise pollution, sustainability has emerged as a critical priority. Achieving sustainability in sea transportation demands active engagement from all stakeholders. Shippers, in particular, hold considerable responsibility in this endeavor, necessitating a thorough grasp of the challenges and increased visibility into the environmental footprint of their shipments. Additionally, this article will explore the role of biofuels as a potential solution to mitigate GHG emissions in the shipping industry.
Future Prospects: Biofuels in Shipping
The Getting to Zero Coalition is dedicated to expediting the decarbonization of shipping by introducing commercially viable deep sea vessels with zero emissions powered by zero emission fuels by 2030. This initiative aims to set shipping on a trajectory for complete decarbonization by 2050. To explore various fuel and technology options that could facilitate the shift towards zero emission fuels, the Fuels & Technologies workstream has organized a series of webinars.
Quadrise plc (LON:QED) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. Quadrise technologies produce transition fuels called MSAR® and bioMSAR™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.