In response to the International Maritime Organization’s (IMO) new targets for reducing emissions from vessels, shipowners are looking to alternative fuels to power their fleets. From ammonia, to hydrogen, to methanol, vessel owners have many different options for low- and zero-carbon fuels. However, each alternative fuel presents its own unique risks and challenges for shipowners to understand, mitigate and overcome.

Energy modeling enables owners to weigh their options and make the smartest decisions to optimize energy efficiency and take an active role in the energy transition. Through proper energy modeling, ship operators can develop a Ship Energy Efficiency Management Plan (SEEMP) before the CII becomes the standard measure.

Carole Pavaut joined BV Solutions M&O as Director in 2020, bringing with her more than 25 years of experience in maritime industries. In this Market Focus, Carole shares her thoughts on maritime owners’ and operators’ challenges and opportunities as they navigate the ongoing energy transition.

Offshore asset owners have increased focus on GHG emissions reduction. Now is the time to involve their entire supply chain when decommissioning assets.

Ambitious targets to reduce CO2 emissions are on the horizon, and shipowners must begin to plan for compliance now. New IMO indexes such as the EEXI and the CII will play a major part in shifting the marine industry toward cleaner seas.

The marine industry confronts climate change every day, operating in a world of rising seas and strengthening storms. With greener design and more energy-efficient operations, owners and operators can help curb climate change while reducing their costs. The twin goals of environmentally conscious design and improved efficiencies will help guide the industry toward achieving global greenhouse gas (GHG) emissions targets.