(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 4. Under the
“Strategy for Reducing Greenhouse gas Emissions from Ships” adopted
by the International Maritime Organization (IMO) in 2018 and
revised in 2023, the goal is to reduce annual emissions from
international shipping activities by 20 percent by 2030 (aiming to
bring this figure to 30 percent), achieve a 70 percent reduction by
2040 (aiming for 80 percent), and reach zero emissions by 2050,
Trend reports via Azerbaijani Caspian Shipping
Company.
ASCO has developed a Strategy and Action Plan to achieve this
goal. By the plan, the following stage-by-stage activities are
envisaged as a continuation of decarbonization measures.
The first phase covers the years 2024-2027. During this phase,
65 obsolete and inefficient vessels with a total deadweight of
26,595 tons are scheduled to be decommissioned, which is expected
to reduce greenhouse gas emissions from the company's vessels by
approximately 25 percent.
Furthermore, fleet renewal, as well as the acquisition or
construction of more modern and fuel-efficient vessels, are planned
for the initial phase. According to ASCO's plans for 2024-2027, 17
new vessels will be added to the fleet.
Meanwhile, it is expected that the replacement of ships with
larger, higher capacity and up to 20 percent more energy-efficient
ships, taking into account the increase in fleet deadweight, will
reduce emissions by up to nine percent.
The second phase, covering 2027-2030, involves the construction
or acquisition of methanol-fueled and all-electric vessels, as well
as the modernization of existing vessels. During this period, it is
planned to build five methanol-powered support vessels, five
methanol-powered passenger vessels, and seven methanol-powered
tankers, as well as four electric-powered harbor tugs, and to
retrofit eight vessels for conversion to methanol. It is expected
that the use of blue methanol on these vessels, taking into account
the increase in the deadweight of the fleet, will lead to a
reduction in emissions by up to 10 percent.
Methanol use can help reduce CO2 emissions by 7 percent, SOx
emissions by 99 percent, and NOx emissions by 60 percent compared
to diesel.
The transition to the use of alternative fuels across the fleet
is scheduled for a third phase covering 2030–2040. Thus, in line
with IMO targets, emissions will be reduced by 70–80 percent
compared to 2008.
The fourth phase spans the years 2040–2050. During this period
it is planned to completely switch to alternative fuel and
zero-emission technologies, which, as per IMO objectives, means a
100 percent reduction of emissions and achievement of zero
emissions.
To note, ASCO has a short-term action plan, whereby the first 3
phases are to be completed by 2030. Although the project envisages
a transition to methanol-powered ships by 2027, financial support
is already being sought to accelerate this process.
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