New offtake deal propels Maersk to meet over half of its 2027 methanol demand
NewsMaersk has secured combined offtake agreements that now meet over 50% of the projected demand for its dual-fuel methanol vessels in 2027.
The website actively encourages other data providers to join this collaborative effort, thereby expanding the breadth and depth of information available.
The International Maritime Organization (IMO) has announced that the futurefuels.imo.org platform has been launched, offering access to the latest information on zero and near-zero marine fuels and technologies, including pricing information and the latest research.
The website has been developed by the Future Fuels and Technology Project (FFT Project), a partnership project between IMO and the Republic of Korea. This platform supports the development of new regulations within the possible IMO Net Zero Framework to achieve the targets contained in the 2023 IMO GHG Strategy.
The website boasts several key sections:
Latest Information: Offering real-time data on alternative fuels and their availability, up-to-date indicative pricing, and insights into the IMO Data Collection System (DCS).
Future Insight: Providing valuable perspectives on the readiness, scalability, and sustainability of emerging marine fuels and technologies. This section also furnishes forecasts on fuel prices, highlights R&D and demonstration projects, and showcases initiatives within the shipping and energy sectors.
News and Events: A curated collection of global news, informative resources such as reports and journal papers, and details on IMO-hosted events pertinent to GHG emissions reduction in international shipping.
Training and Cooperation: Equipping stakeholders with essential training materials and practical tools focused on alternative fuels, energy-efficient technologies, and other measures aimed at reducing GHG emissions.
The significance of technological innovation in fostering the global adoption of zero or near-zero GHG emission solutions for international shipping cannot be overstated. These advancements are pivotal in aligning with the ambitious targets delineated in the 2023 IMO GHG Strategy.
Future Fuels’ website has garnered collaboration from a multitude of esteemed data providers and collaborators. Among them are notable entities such as the Ammonia Energy Association, Argus Media, DNV’s Alternative Fuels Insight, and many more. These partnerships ensure a diverse range of perspectives and insights, enriching the platform’s offerings.
Furthermore, the website actively encourages other data providers to join this collaborative effort, thereby expanding the breadth and depth of information available.
The overarching goal of the FFT project’s website is to democratize access to information pertinent to IMO’s climate change deliberations, fostering a culture of transparency and collaboration. It’s imperative to note that inclusion on the platform does not imply IMO’s endorsement or expression of any opinion regarding the data or its sources.
For stakeholders engaged in IMO’s climate change discussions, futurefuels.imo.org emerges as an invaluable resource, offering a comprehensive repository of information vital for navigating the ever-evolving landscape of marine fuels and technologies.
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