Page 134 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΟΚΤΩΒΡΙΟΣ 2024

OPINIONS ON GREEN SHIPPING

regulations, it is understood that
sustainable liquid biofuels need to be
widely available by 2028-2029. Also,
bio-methane or bio-LNG can be uti-
lised by LNG-powered vessels within
the same timeframe. However, bio- or
e-methanol will likely be deployed at
scale beyond 2030, while e-ammonia
is expected to come into widespread
use even later.

The EU ETS, FuelEU Maritime, and CII have
all been criticised as regional or inefficiently
designed regulations. How can a regulation
focusing on a vessel’s carbon footprint ensure
fairness, transparency, accountability, and
competitiveness?
Promoting the use of actual vessel
data and technical solutions rather
than operational measures is essen-
tial. Moreover, offering a reason-
able timeline and a range of options
for vessels to achieve compliance
through technology adoption is cru-
cial while also explicitly taking into
account barriers and limitations
imposed by externalities.
Fair and transparent regulations must
be imposed, along with incentives
and penalties customised across dif-
ferent vessel segments. Additionally,
the vast majority of revenues gener-
ated should be allocated to shipping
for R&D, innovation, and technology
decarbonisation. The application development.
of these tools could fundamentally
change the way officers and crew The reduction of sailing speeds is often high-
monitor vessels by offering live per- lighted as essential for achieving shipping’s
formance analysis and guidance for decarbonisation goals. However, wouldn’t
its optimisation. energy efficiency assume a subsidiary role
in instances of limited vessel supply?
The availability of alternative fuels is consid- Indeed, this scenario is quite pos-
ered the most significant challenge in achiev- sible, which highlights the need for
ing the goal of green shipping. What do you market-based measures beyond
consider a realistic timetable for the wide- technical and operational solutions.
spread production of alternative fuels and the Slow steaming has been the first
development of the necessary supply chains? decarbonisation measure adopted
It is difficult to define a realistic time- by the industry but can only be con-
line for the deployment of alternative sidered a temporary measure – or,
marine fuels at the scale required to at most, a component of broader
make a difference in shipping simply route optimisation strategies. The
because their deployment relies on adoption and customisation of more
entire value chains that are currently robust decarbonisation measures
under various stages of development. and technologies will aim to reduce
However, considering the need to the carbon footprint while not dis-
satisfy IMO, EU, and other future rupting the market.

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