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The Alternative Fuels Insight (AFI) platform replaces the class society’s existing LNGi knowledge hub.

‘To be clear, while LNG and biofuels will probably form part of an interim solution, possibly supplemented by the greater use of renewable energy, IMO’s goals can only be achieved with the development of zero CO2 emission propulsion systems, such as fuel cells, renewable energy or hydrogen derived from non-fossil fuel stocks,’ Esben Poulsson told delegates at the flagship conference at this week’s Portugal Shipping Week.

The Technical Assistance and Licence Agreement is focused on small and middle-scale vessels, up to 50,000 cbm), as well as on LNG fuel tanks for merchant ships.

GoodFuels Marine and Blockchain Labs for Open Collaboration (BLOC) partnered on the delivery of biofuels to a Samskip vessel to complete the world’s first physical supply and transaction using blockchain technology.

The Netherlands-based naval architect is seeking to strengthen its commitment to research the use of ammonia as a renewable fuel for the maritime industry.

‘While the shipping operators may say that the new BAFs are needed to cover the cost of switching to low sulphur fuels or fitting exhaust scrubbers, rises of this magnitude are unjustified and could be construed as blatant profiteering by shipping lines determined to exploit the situation,’ says Robert Keen, BIFA Director General.

The 7,500 cbm LNG bunker vessel (LBV) design has been awarded Approval in Principle (AiP) from Lloyd’s Register.

Sembcorp Marine, ABS (American Bureau of Shipping) and A*STAR’s Institute of High Performance Computing (IHPC) are teaming up to develop new technologies, applications and capabilities in the offshore, marine and energy sectors that will advance the adoption of LNG as a marine fuel.

With its Terra approach, ING claims to be the first global bank to commit to using science-based scenarios to steer its business strategy.

The 0.50% global sulphur cap will enable Saudi Arabia and the UAE to benefit from higher exports of diesel; however, less sophisticated refineries in Iraq will make it difficult for the country to market its high sulphur fuel oil (HSFO), says Arab Petroleum Investments Corporation (APICORP).