Class NK says need to work out volume of ship yards

Japanese classification society ClassNK has crunched the numbers to work out the volume of ships yards will have to churn out in order to comply with the indicative checkpoints agreed at this year’s new International Maritime Organization greenhouse gas (GHG) targets. In short, 80m gt of zero-emissions vessels will need to be handled by shipyards

Can reversal of fortunes position shipyards for decarbonisation

The current newbuilding cycle is proving remarkably persistent, with demand for containerships and LNG carriers consistently exceeding expectations over the last year. MSI’s Q3 shipping market reports illustrate how the upward pressure on newbuilding prices has been maintained. Although there was a divergence in the rate of increases between different ship types last year, prices

ABS launches requirements for onboard carbon capture

Working with shipyards, ship owners and operators, ABS has developed an industry-leading set of requirements to guide the industry in the application of carbon capture technology at sea. Experience and insight derived from pioneering carbon capture projects with stakeholders such as shipyards, ship owners and original equipment manufacturers (OEMs) have informed development of the ABS