The Lubrizol Corporation has become the first lubricant additive technology supplier to join the Getting to Zero Coalition. An international group currently endorsed by 14 governments and composed of more than 100 organizations, it aims to drive the development of commercially viable, zero-emissions deep-sea ships by 2030. This partnership between the Global Maritime Forum, the […]

Commercially viable zero emission vessels need to operate along deep sea trade routes by 2030 to meet decarbonization targets. This is the ambition of the Getting to Zero Coalition that was announced at the UN Climate Action Summit in New York last September. The ambition is closely aligned with the United Nations (UN) International Maritime […]

Shipping needs to make a radical shift to zero carbon energy sources in the coming three decades to reduce the sectors total greenhouse gas emissions by at least 50% of 2008 levels by 2050 – a target set by the International Maritime Organization, a UN agency responsible for regulating shipping. This transition requires significant infrastructure […]

In January 2020, the International Maritime Organization (IMO) enacted Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL Convention), which lowers the maximum sulfur content of marine fuel oil used in ocean-going vessels from 3.5% of weight to 0.5%. The U.S. Energy Information Administration (EIA) expects this regulation will encourage […]

Shipping is a major contributor to global carbon emissions. The sector today is responsible for 3% of global greenhouse gas emissions and 9% of transport-related emissions and this figure will rise significantly as trade volumes increase. If no mitigation action is taken, maritime emissions could grow between 50 and 250% by 2050, the International Maritime […]

From 1 January 2020, sulphur oxide emissions from ships will be reduced considerably under a forthcoming International Maritime Organization (IMO) rule. The preparedness of all stakeholders for this significant change – as well as its challenges – were highlighted during a Symposium on IMO 2020 and Alternative Fuels, held at IMO headquarters last week. The […]

Neste is introducing a new low-sulphur marine fuel, in time for the 2020 deadline set by the International Maritime Organization (IMO.) On January 1, IMO will enforce a 0.5% global sulphur cap on fuel content for areas currently with 3.5% limit. In these areas, all vessels will be required to use fuel with a maximum […]

SK Energy Co., Ltd. will license Chevron Lummus Global’s vacuum residue desulfurization (VRDS) technology produce low sulfur fuel oil (LSFO) at the company’s grassroots facility in Ulsan, South Korea. SK will use this technology to meet the International Maritime Organization’s (IMO) clean fuel requirements in January 2020.  This award is part of an ongoing relationship […]

The International Maritime Organization (IMO) has approved and adopted a comprehensive set of guidance and guidelines to support the consistent implementation of the lower 0.50% limit on sulphur in ships’ fuel oil, which will enter into effect from 1 January 2020.  Related draft MARPOL amendments were also approved. The 2020 rule will bring in considerable […]

ExxonMobil announced that it has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates. The expansion project is part of the company’s plan to further enhance the competitiveness of the Singapore facility, […]