This article examines recent progress and initiatives by the shipping industry to meet new IMO targets and provides Signal Ocean Platform data on emissions developments and trends.
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The brand new Voyages dashboard combines voyages, port calls and ship-to-ship information in a comprehensive view, allowing users to aggregate data on a port or country basis. This latest release provides users with access to global voyages data, including current and predicted voyages for all dry bulkers or tankers.
An interesting characteristic of the way we approach voyages is that we consider that a vessel is always on a voyage with the discharge of the last voyage being the start of the next one. And thus a continuous circle of voyages begins, where we monitor all ballast and laden legs. This level of detail comes into play in the Voyages Dashboard, allowing users to perform sensitivity analyses on the ways different commercial operators trade across different regions including every voyage, starting from the last discharge and covering all ballast legs.
In addition, the Voyages dashboard also provides access to global Ship-to-Ship events tracking, and a detailed list of port calls for any vessel or fleet of interest. This feature enables users to track the movement of vessels in real time and provides valuable insights into their performance.
While the dashboard is very versatile and can be used in a number of ways, an interesting one is looking at trading patterns. As the image below shows, when looking at how MR2 vessels trading clean out of the West Coast of South America operate, it becomes evident that while the backhaul out of Pisco is available, it is only preferred about 7% out of all voyages, probably due to waiting times. This type of analysis is now possible by focusing on the core MR2 commercial operators using the Voyages dashboard.
Another interesting case that surfaces is the ability to look into how new trading patterns are created. When looking, for example, at how Aframaxes trading dirty operate after completing a voyage in India, it becomes apparent that while traditionally these vessels would then go on to load in the Arabian Gulf, in recent months, the volume loaded in the Baltic region has almost doubled.
Analyses such as these become possible with the use of the new Voyages dashboard.
Creating a sustainable world requires us to embark on a journey towards a zero emission future, where every step is a commitment to preserve our planet for future generations.
Albert Greenway
Environmental Scientist, Sustainability Expert
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Increased Use of Renewable Energy:
Shipping companies are embracing renewable energy sources to power onboard systems and reduce emissions during port operations. Solar panels and wind turbines are being installed on vessels to generate clean energy, reducing reliance on auxiliary engines, and cutting down emissions. Shore power facilities in ports allow ships to connect to the electrical grid, eliminating the need for onboard generators while docked.
Collaboration and Industry Partnerships:
Recognizing that addressing emissions requires collective action, shipping companies, governments, and organizations have formed partnerships and collaborations. These initiatives focus on research and development, sharing best practices, and promoting knowledge transfer. Joint projects aim to develop and deploy innovative technologies, improve infrastructure, and create a supportive regulatory framework to accelerate the industry's transition towards a greener future. The Zero Emission Shipping - Mission Innovation.
To pave the way for a greener future in shipping, the availability of alternative fuels plays a vital role in their widespread adoption. However, this availability is influenced by factors such as port infrastructure, local regulations, and government policies. As the demand for cleaner fuels in shipping rises and environmental regulations become more stringent, efforts are underway to improve the accessibility of these fuels through infrastructure development, collaborations, and investments in production facilities.
Liquefied Natural Gas (LNG) infrastructure has seen significant growth in recent years, resulting in more LNG bunkering facilities and LNG-powered vessels. Nonetheless, the availability of LNG as a marine fuel can still vary depending on the region. To ensure consistent availability worldwide, there is a need for further development of LNG supply chains and infrastructure. For biofuels, their availability hinges on production capacity and the availability of feedstock. Although biofuels are being produced and utilized in various sectors, their availability as a marine fuel remains limited. Scaling up biofuel production and establishing robust supply chains are imperative to ensure wider availability within the shipping industry.Hydrogen, as a fuel for maritime applications, is still in the early stages of infrastructure development. While some hydrogen vessels have been tested or introduced in the first quarter of last year, the infrastructure required for hydrogen production and distribution needs further advancement.
Ammonia, as a marine fuel, currently faces limitations in availability. The production, storage, and handling infrastructure for ammonia need further development to support its widespread use in the shipping industry.Methanol, on the other hand, is already a commercially available fuel and has been used as a blend with conventional fuels in some ships. However, its availability as a standalone marine fuel can still be limited in certain regions. Bureau Veritas in October 2022 published a White Paper for the Alternative Fuels Outlook. This white paper provides a comprehensive overview of alternative fuels for the shipping industry, taking into account key factors such as technological maturity, availability, safety, emissions, and regulations.
Creating a sustainable world requires us to embark on a journey towards a zero emission future, where every step is a commitment to preserve our planet for future generations.
Albert Greenway
Environmental Scientist, Sustainability Expert
Increased Use of Renewable Energy:
Shipping companies are embracing renewable energy sources to power onboard systems and reduce emissions during port operations. Solar panels and wind turbines are being installed on vessels to generate clean energy, reducing reliance on auxiliary engines, and cutting down emissions. Shore power facilities in ports allow ships to connect to the electrical grid, eliminating the need for onboard generators while docked.
Collaboration and Industry Partnerships:
Recognizing that addressing emissions requires collective action, shipping companies, governments, and organizations have formed partnerships and collaborations. These initiatives focus on research and development, sharing best practices, and promoting knowledge transfer. Joint projects aim to develop and deploy innovative technologies, improve infrastructure, and create a supportive regulatory framework to accelerate the industry's transition towards a greener future. The Zero Emission Shipping - Mission Innovation.
To pave the way for a greener future in shipping, the availability of alternative fuels plays a vital role in their widespread adoption. However, this availability is influenced by factors such as port infrastructure, local regulations, and government policies. As the demand for cleaner fuels in shipping rises and environmental regulations become more stringent, efforts are underway to improve the accessibility of these fuels through infrastructure development, collaborations, and investments in production facilities.
Liquefied Natural Gas (LNG) infrastructure has seen significant growth in recent years, resulting in more LNG bunkering facilities and LNG-powered vessels. Nonetheless, the availability of LNG as a marine fuel can still vary depending on the region. To ensure consistent availability worldwide, there is a need for further development of LNG supply chains and infrastructure. For biofuels, their availability hinges on production capacity and the availability of feedstock. Although biofuels are being produced and utilized in various sectors, their availability as a marine fuel remains limited. Scaling up biofuel production and establishing robust supply chains are imperative to ensure wider availability within the shipping industry.Hydrogen, as a fuel for maritime applications, is still in the early stages of infrastructure development. While some hydrogen vessels have been tested or introduced in the first quarter of last year, the infrastructure required for hydrogen production and distribution needs further advancement.
Ammonia, as a marine fuel, currently faces limitations in availability. The production, storage, and handling infrastructure for ammonia need further development to support its widespread use in the shipping industry.Methanol, on the other hand, is already a commercially available fuel and has been used as a blend with conventional fuels in some ships. However, its availability as a standalone marine fuel can still be limited in certain regions. Bureau Veritas in October 2022 published a White Paper for the Alternative Fuels Outlook. This white paper provides a comprehensive overview of alternative fuels for the shipping industry, taking into account key factors such as technological maturity, availability, safety, emissions, and regulations.
The brand new Voyages dashboard combines voyages, port calls and ship-to-ship information in a comprehensive view, allowing users to aggregate data on a port or country basis. This latest release provides users with access to global voyages data, including current and predicted voyages for all dry bulkers or tankers.
An interesting characteristic of the way we approach voyages is that we consider that a vessel is always on a voyage with the discharge of the last voyage being the start of the next one. And thus a continuous circle of voyages begins, where we monitor all ballast and laden legs. This level of detail comes into play in the Voyages Dashboard, allowing users to perform sensitivity analyses on the ways different commercial operators trade across different regions including every voyage, starting from the last discharge and covering all ballast legs.
In addition, the Voyages dashboard also provides access to global Ship-to-Ship events tracking, and a detailed list of port calls for any vessel or fleet of interest. This feature enables users to track the movement of vessels in real time and provides valuable insights into their performance.
While the dashboard is very versatile and can be used in a number of ways, an interesting one is looking at trading patterns. As the image below shows, when looking at how MR2 vessels trading clean out of the West Coast of South America operate, it becomes evident that while the backhaul out of Pisco is available, it is only preferred about 7% out of all voyages, probably due to waiting times. This type of analysis is now possible by focusing on the core MR2 commercial operators using the Voyages dashboard.
Another interesting case that surfaces is the ability to look into how new trading patterns are created. When looking, for example, at how Aframaxes trading dirty operate after completing a voyage in India, it becomes apparent that while traditionally these vessels would then go on to load in the Arabian Gulf, in recent months, the volume loaded in the Baltic region has almost doubled.
Analyses such as these become possible with the use of the new Voyages dashboard.
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