NEW marine repor ts and guides
Maritime Battery Forum joint whitepaper published
CIMAC and the Maritime Battery Forum have published a joint white paper on the environmental impact of batteries in deep-sea shipping. The paper demonstrates that there is still potential for battery usage within the industry to support decarbonization. While it is evident that a fully battery-powered, zero-emission application is not available, battery usage may also be enhanced by the rise of alternative fuels, depending on needs based on changing design and sizing choices.
IG P&I Clubs Sustainability report: Advancing maritime decarbonisation
The International Group of P&I Clubs has published its Sustainability report, following the first one issued in 2022. This report underscores the Group’s commitment to advancing the maritime industry’s transition towards low and zero-carbon fuels through collaborative pooling arrangements and robust insurance frameworks.
Pooling of vessels using alternative fuels
The Group recognises the role that its claims sharing (pooling) arrangements and reinsurance programme can play in facilitating the industry’s transition to low or zero-carbon fuels. The Group Clubs have historically sought to meet and support the needs of shipowners by adapting to changing demands and adopting an inclusive approach to cover within the mutual system. The same approach to pooling will apply to any changing insurance needs from low or zero-carbon fuels.
Supporting shipping’s role in global decarbonisation Because the Group Clubs insure shipowners against liabilities arising from cargo carried on board ships, the Group has had experience insuring liabilities arising from alternative fuels to the extent that such fuels have been carried as cargoes for some time, e.g., carriage of ammonia for the agriculture industry. In order to decarbonise the global economy, it will be necessary for new low or zero-carbon fuels and technologies (or the ingredients required to make them) to be transported in large volumes over long distances.
Shipping will have an important role to play in supporting the transition through the safe and efficient transportation of such fuels and technologies from source to market. This role is in turn supported by the Group Clubs through the provision of high levels of liability cover. This gives shipowners and operators confidence to invest in new technologies and infrastructure and provides governments and businesses around the world is confidence that there is a robust insurance regime, ready to respond if required.
Building legal infrastructure for sustainable fuels The journey to ‘net zero’ will require more than simply developing the technology for ship propulsion using alternative fuels. There will need to be the technical, logistical and legal infrastructure in place internationally to support shipowners who invest in ships operating using alternative fuels. This will take time and planning plus access to sufficient fuels to support the transition.
Download the report at
https://bit.ly/3BdEV0b. 46 | ISSUE 110 | DEC 2024 | THE REPORT
Key findings – Potential for emission reduction: Batteries on ocean-going cargo ships can reduce emissions, but the industry is still in early stages of adoption, with only 18 ships currently equipped with batteries.
– Diverse performance: Battery performance varies across different ship types, operational profiles, and propulsion configurations, indicating a need for more optimized use and tailored solutions.
– Limited shore power infrastructure: The slow adoption of plug-in hybrid ships is partly due to the limited availability of shore power installations and standardized charging systems.
– Environmental benefits of grid charging: Charging batteries from the grid can have a low environmental impact, depending on the local electricity mix. Expanding shore power installations and standardizing charging systems could enhance the benefits of onboard batteries and accelerate their adoption.
– Integration challenges: Integrating batteries into newbuild ships is currently easier than retrofitting existing ships. However, finding smart, easy, and affordable retrofitting solutions is crucial for meeting IMO emission reduction goals.
– Technological and economic feasibility: Various application schemes for batteries are technically and economically feasible today. Improvements in battery technology and smart integration methods will likely increase the number of battery-equipped ships.
– Impact of alternative fuels: Adoption of alternative fuels could increase the number of ships with batteries, although it may affect battery design and sizing to align with the requirements of different fuel systems.
Download the whitepaper at
https://bit.ly/3z0mCLr.
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