One's reality is dependent on one's perception
AI can not have perception as AI is dependent on algorithms and lines of code from sources outside itself
>it's already known that the moon landing was faked.
Is this the part where you try to pass off stills from the movie Capricorn One?
Thought anons might like to see this, the red text highlighting is from me
Dry bulk faces up to realities of decarbonisation
Splash May 10, 2024
The second day of the inaugural Geneva Dry saw panellists turn their attention to a topic that has never been more popular – decarbonisation. The discussion looked at the current state and future of dry bulk emissions-wise and who will pay for it all.
Moderator of the session,Mette Asmussen, the lead of maritime sector initiatives at the World Economic Forum, opened the session by pointing to certain figures for the sector. The world fleet is made up of around 100,000 vessels, 13,000 of which are within the bulk segment. For comparison, around 5,000-6000 are within the containership segment.
That also means that every eighth vessel is within bulk and that the segment is significant in the decarbonisation conversation. Asmussen stated that, in the example of methanol, there are around 200 vessels in the orderbooks, but 60% of those are coming from the container segment.
With that number in mind, she asked the panel about the main challenges of decarbonisation and where is dry bulk more, or perhaps less, challenging compared to other sectors.
Arthur English, the CEO of G2 Ocean, a company operating around 120 bulk carriers, took first to the mic and outlined what he sees as the largest challenges. He said that as the curve flattens off in the 2030s in terms of improvements on the operational side, the sector will face the big challenge of a huge price differential in the net cost of fuel between the fuels that are used today, and the new fuels dry bulk would like to burn in the future.
As far as what is more difficult on the dry bulk side, he believes that it is a mix of very fragmented ownership and the ability of some larger dry bulk players being able to invest more heavily in this area than others.
“If you compare it with containers, the big five market share is 80%. We’re nowhere near. I think the tramp nature of our trades makes it very difficult in terms of fuel supply and whether it is going to be possible to tramp vessels around the world on one green fuel in the future,” English said.
Shipping is competing with other industries for zero-carbon fuels and Eman Abdalla, the global operations director atCargill, took that as one of the major issues but immediately saw a positive as well.
“The EU government just passed a new law to include shipping in their Net Zero Industry Act. This is excellent because that means that they’re now responsible for making available 40% of shipping’s zero-carbon fuel demand,” she revealed.
Other important issues she mentioned were the availability and the training of seafarers who will be handling those future technologies as well as how to make the transition to lower emissions equitable.
Next up was Matthieu de Tugny, president of marine and offshore at classification body Bureau Veritas. He started on a positive note by praising the dry bulk sector for being very energy-efficient in the past few years.
“Now we have the CII, and we are pretty optimistic concerning different retrofits or systems onboard which will provide a significant improvement by 2030,” de Tugny told the attendees.
Christian Bonfils, CEO of Copenhagen Commercial Platform (CCP), an independent commercial and operational management platform for dry bulk shipowners, was less optimistic and had far less praise. He claimed that the sector is used to adapting to relatively few regulations like for sulphur content but noted that with the new IMO guidelines and regulations that will not be possible and that the sector needs to change how it does business.
“We need to change the fuels we use, change contracts and trade lanes and it’s a major change. I don’t think we can adapt anymore. Especially as tramp freight is much more difficult to decarbonise than line,” he warned.
More:
==https://splash247.com/dry-bulk-faces-up-to-realities-of-decarbonisation/
Fedboi inability to understand is rampant
You twirled your vpn just to make more of a fool out of yourself?
You don't blend in
You are instantly detected
All you can do now is join the Media Matters and other shills in trying to waste bread to bury the goodies but even that tactic fails
The Notables breads hang around, the Internationals hang around. A quick look at the Catalog shows even Canada #56 is still there. The posts are readily available
340 million Americans in the country (that Census counted)
535 in Congress
Founding Fathers "planted" Bill of Rights and Article V so when Federal government went to be tyranny We the People can yank the rug from underneath them
I'm curious as to why the vessel was "suspect" to you
If Mike is going to activate Streisand Effect and curious new eyes come by I'll be the one to ask:
Are all anons wearing pants?
No idea why the Disney ships are suddenly of interest. Here, FREEWINDS, the Scientology cruise ship, pulled into St. Lucia today