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.

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.

The energy transition is top of mind for marine and energy stakeholders, as they search for ways to reduce their consumption and the environmental impact. For asset owners, this means more than just picking and choosing sustainable solutions. Achieving maritime decarbonization will require a methodical approach to finding the onboard solutions that target specific asset needs.

Organizations around the world are navigating massive shifts due to COVID-19. The pandemic remains an enormous challenge in terms of humanitarian and health implications that continue to evolve each day. Meanwhile, businesses are grappling with the financial and operational fallout as they fight to keep their heads above water.