• 2024 October 4 11:20

    E-Fuels projected to be available for next Zero Emission Maritime Buyers Alliance tender

    A new report released by the Zero Emission Maritime Buyers Alliance (ZEMBA) and Lloyd’s Register Maritime Decarbonisation Hub found that e-fuel-powered shipping services are projected to be available for ZEMBA’s next tender. Specifically, the report – which summarises the findings from a request for information (RFI) that the two organizations co-ran earlier in 2024 – found sufficient predicted supply of both e-methanol and e-methanol-capable vessels in the container segment to support ZEMBA’s focus on e-fuel deployment. ZEMBA’s next tender is expected to launch in early 2025, with the aim to purchase the environmental attributes associated with e-fuel powered services starting in 2027.

    “ZEMBA's aim is to open the door to new and increasingly scalable solutions through each of our tender processes,” said Ingrid Irigoyen, President and CEO of ZEMBA. “Because there are scale limitations to those low carbon fuels that rely on biogenic feedstocks, rapid deployment of hydrogen-derived e-fuels this decade is crucial to ensure that the maritime sector gets on a 1.5 aligned pathway toward full decarbonisation by 2050, at the latest. We’re pleased that the RFI results suggest that the maritime sector will be ready to provide ZEMBA’s climate-leading freight buyer members with e-fuel powered shipping for our next tender.”

    Nearly 50 ship operators and fuel suppliers from around the world responded to the ZEMBA RFI, which was intended to assess the market readiness of commercial deployment of e-fuels in shipping. The report focuses on the implications of the RFI's results for ZEMBA’s next tender and how these findings relate to overarching trends in commercial deployment of e-fuels in the maritime sector. The RFI did not ask about the projected cost or price of e-fuel-powered services.

    “The results of the RFI offer a valuable glimpse into the emerging market for e-fuels and e-fuel-capable vessels," said Dr Carlo Raucci, Director of Sustainable Fuels and Strategy at Lloyd's Register Maritime Decarbonisation Hub. "Despite the current gap between e-fuel supply and vessel availability, it's encouraging to see the potential for e-fuels to make a significant impact on the maritime sector. We're excited to collaborate with ZEMBA on their second tender, which could be instrumental in driving the widespread adoption of scalable e-fuels in shipping.”

    ZEMBA’s upcoming tender builds upon lessons learned during its inaugural tender, which was successfully completed in April 2024. Global carrier Hapag-Lloyd was the winner of the first tender and is supporting members to collectively avoid at least 82,000 metric tonnes of CO2e in 2025 and 2026.

    The majority of RFI respondents predicted that commercial e-fuels deployment in the maritime sector would be feasible starting in 2027 and 2028, with limited deployment potentially as early as late 2026. However, in the next few years, the RFI results identified a mismatch in the supply of certain e-fuels and corresponding e-fuel capable vessels on a fuel-by-fuel basis.

    Containerships capable of operating on e-methane are already available now, but the RFI found no e-methane production projects post-final investment decision (FID). Conversely, e-ammonia production projects under construction appear to be sufficient to meet ZEMBA’s estimated demand, but the first e-ammonia-capable containerships are unlikely be on the water by 2027.

    The RFI suggests e-methanol is the most likely pathway for ZEMBA’s next tender because of alignment between sufficient projected e-methanol fuel production and e-methanol-capable containership vessels on the water in 2027. However, across fuel types, the report highlights that a significant number of e-fuel projects remain at pre-FID stage, casting doubt on whether those projects would begin production on their projected timelines and, related, if e-fuel-capable dual fuel vessels will actually run on e-fuels.

    One finding from ZEMBA’s inaugural tender was that announcements for e-fuel development projects often do not correlate to commercial readiness within predicted timeframes. ZEMBA received no e-fuel-powered bids for its first tender. Commitments from ZEMBA members for e-fuel-powered shipping services through the next tender will aim to provide encouragement to ship operators and others across the maritime value chain to enter into longer term offtake e-fuel contracts of their own.

    ZEMBA intends to announce details about its next e-fuel-focused tender before the end of 2024, with the aim to solicit bids in early 2025. Ahead of this tender, ZEMBA is recruiting additional climate-leading companies who are seeking to credibly reduce their Scope 3 emissions, manage long-term cost of the energy transition, and kickstart a zero-emission market in the maritime sector.




2024 November 7

18:00 Innovation Norway and Team Norway sign two agreements aimed at advancing sustainable maritime solutions
17:54 MABUX: Bunker price trends in the world's four largest hubs, Nov 4 - Nov 8, 2024
17:36 Konecranes expands emissions reduction ambition by committing to setting long-term, science-based net-zero targets
17:16 HD KSOE receives AiP from LR and LISCR for ammonia fuel-related equipment
17:08 ClassNK granted its “ELW (HP)” notation to bulk carrier “ROYAL LAUREL”
16:42 Equinor strengthens its position in the Norwegian Sea
16:24 Provaris Energy raises A$1.5 million to support hydrogen and CO₂ initiatives
15:56 Catator joins Ammonia Energy Association to accelerate adoption of ammonia for shipping
15:46 Scandlines wins innovation award of the German mobility industry
14:33 Flex LNG agrees to amend the existing time charter agreements for the two LNG carriers
13:41 ADNOC secures 15-year sales and purchase agreement for Ruwais LNG project
13:07 Three fugitive methane detection and measurement technology companies selected for feasibility studies
12:44 Irving Shipbuilding chooses TMC for Canadian patrol ships
12:24 ADNOC awards $490 mln contract to expand world’s largest 3D seismic survey
11:59 First Damen Shrimp Trawler 2607 completes sea trials
11:13 GTT receives an order from a Korean shipyard for the tank design of a new Floating Storage Regasification Unit
10:58 Hapag-Lloyd orders 24 LNG- fuelled boxships

2024 November 6

18:00 DFDS launches a new freight ferry service between Italy and Egypt
17:34 Viking names two newest Nile River ships in Luxor
17:18 Enova grants EUR 65m to five hydrogen projects for maritime fuel in Norway
16:48 COSCO SHIPPING signed a strategic cooperation agreement with BYD
16:25 Shipyards deliver a record 410 container ships in 2024
15:28 Syngenta and Maersk extend partnership in more sustainable and innovative supply chain solutions
14:41 Ports of Szczecin and Swinoujscie post results for the first three quarters of 2024
14:18 China plans to increase low-carbon bunkering capacity at Shanghai Port to more than 1 million tonnes per year by 2030
13:44 Singapore Methanol signs MOU with Global Energy to advance bio-methanol fuel
12:23 Höegh Evi signs MoU with the port of Port-La Nouvelle to develop a floating terminal for hydrogen imports
11:59 TORM capital increase in connection with delivery of one 2015-built MR vessel
11:29 Intra-Asia сontainer shipping market outpaces global growth – Drewry
10:09 ICTSI net income up 31% to US$632.58mln in Jan-Sept 2024
09:04 Guangzhou Shipbuilding completes the annual ship delivery target
08:52 CSSC held naming ceremony for last of 10 container ships built for Seaspan

2024 November 5

18:27 RS successfully completes annual survey of the legendary nuclear-powered icebreaker LENIN
18:24 Expanded emissions rules to be implemented at California ports from January 1, 2025
17:35 COSCO Shipping launches innovative ammonia-fueled ammonia/LPG vessel design
17:19 PIL orders five more LNG dual-fuel vessels from Hudong-Zhonghua Shipbuilding
16:57 Chevron expands supply of marine lubricants to include Port Elizabeth, South Africa
16:29 EDGE Group and Fincantieri sign MoU to jointly develop underwater solutions
15:53 Cadeler signs firm contracts with ScottishPower Renewables for East Anglia TWO foundation and turbine transportation and installation
15:03 Sea1 Offshore steps up with two new vessel orders
14:35 COSCO SHIPPING becomes second largest shareholder of Shenzhen Yantian Port
13:48 MOL (Asia Oceania) invests in joint development/investment 'logistics infrastructure' projects in Southeast Asia
13:13 Kongsberg Maritime propulsion selected for new Peruvian Navy frigate programme
12:53 ADNOC and Masdar collaborate with Microsoft to drive AI deployment and low-carbon solutions
12:24 MOL to build logistic center on Kobe's Port Island
11:19 APM Terminals announces appointment of new Managing Director for Suez Canal Container Terminal
10:42 Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg

2024 November 4

17:27 Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg
15:52 Paradip Port to be fully mechanised by 2030
14:13 Autonomous vessel to sail 1,500 km from Mumbai to Tuticorin
13:48 DPA Kandla in a plan for new container terminal and multipurpose berth with ₹27,000 crore investment
12:18 China's 41st Antarctic expedition begins
10:34 10 years old Meyer Turku aims for carbon-neutral shipbuilding
09:41 Port of Vancouver vessel traffic management system enhances marine safety and trade efficiency throughout Burrard Inlet

2024 November 3

15:57 Babcock completes deep maintenance of Lambeth River Station
14:09 Fincantieri and BQ Solutions sign MoU to advance naval education and training in Qatar 31 October 2024
12:51 Rolls-Royce develops new mtu energy and automation solutions for future submarines
10:19 Cepsa changes its name to Moeve
09:46 Singapore says no oil sightings arising from oil-related incidents

2024 November 2

18:06 Singapore’s first fully electric cargo vessel wins Green Ship Award at SRS Forum
17:20 VTTI looks to buy into LNG terminals in Asia
16:48 Hudong-Zhonghua Shipbuilding signs contracts for 12 large container ships in the past 10 days
16:32 CHIMBUSCO secures its first LNG refueling service in Europe
15:46 SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of Mexico
15:24 Wilson Sons to start construction of three new eco-friendly tugboats in 2025
14:57 Rem Offshore holds keel laying ceremony for REM Pioneer
12:30 World's first conversion of large container ship to run on methanol successfully completed
11:52 New offshore platform taps into potential of heavy-oil reserves in China
11:24 HRDD completes desulphurization tower system conversion for a PCTC
09:48 TOWT launches its first cargo sailing ship in Le Havre