Year: 2020 Language: english Author: International Chamber Of Shipping ICS Genre: Methodological guide Publisher: Marisec Publications Edition: 1st Format: PDF Quality: eBook Pages count: 23 Description: After a long history of wind, coal and oil-fuelled ships, a fourth propulsion revolution is needed if shipping is to decarbonise completely and achieve the stringent greenhouse gas reduction targets established by the International Maritime Organization (IMO). The challenge is enormous: to move cargo across the oceans, ships require huge amounts of energy and an entirely new generation of fuels and propulsion systems will need to be developed. However, many of the potential zero-carbon fuels such as ammonia and hydrogen present serious operational challenges. In addition to the safety issues that will need to be addressed, they also have low energy density meaning that ships will have to carry much more fuel. The global shipping fleet will need to be modernised and new fuel supply networks developed. More immediately, zero-carbon technologies can only be introduced if there is a huge increase in global research and development (R&D) spending. Shipowners are prepared to catalyse this by proposing the creation of a US$5 billion research and development (R&D) fund aimed at identifying one or more technical pathways that can lead to the introduction of zero-carbon ships across the maritime sector by 2030 and beyond. Trillions of dollars of investment will rely on the success of such initiatives to identify the zero-carbon technologies of tomorrow. To address the climate crisis we need to act now.
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Catalysing the fourth propulsion revolution
Language: english
Author: International Chamber Of Shipping ICS
Genre: Methodological guide
Publisher: Marisec Publications
Edition: 1st
Format: PDF
Quality: eBook
Pages count: 23
Description: After a long history of wind, coal and oil-fuelled ships, a fourth propulsion revolution is needed if shipping is to decarbonise completely and achieve the stringent greenhouse gas reduction targets established by the International Maritime Organization (IMO).
The challenge is enormous: to move cargo across the oceans, ships require huge amounts of energy and an entirely new generation of fuels and propulsion systems will need to be developed. However, many of the potential zero-carbon fuels such as ammonia and hydrogen present serious operational challenges. In addition to the safety issues that will need to be addressed, they also have low energy density meaning that ships will have to carry much more fuel. The global shipping fleet will need to be modernised and new fuel supply networks developed.
More immediately, zero-carbon technologies can only be introduced if there is a huge increase in global research and development (R&D) spending. Shipowners are prepared to catalyse this by proposing the creation of a US$5 billion research
and development (R&D) fund aimed at identifying one or more technical pathways that can lead to the introduction of zero-carbon ships across the maritime sector by 2030 and beyond.
Trillions of dollars of investment will rely on the success of such initiatives to identify the zero-carbon technologies of tomorrow. To address the climate crisis we need to act now.
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