World News
ICS Highlights Safety Paradox in Shipping's Decarbonisation
Shipping’s shift towards low-and-zero emission marine fuels will bring new safety challenges, but these should not delay the industry’s decarbonisation efforts, the International Chamber of Shipping (ICS) says.
Methanol, ethanol, ammonia, hydrogen and biofuels can help shipping cut GHG emissions, but many require changes to ship design, bunkering infrastructure and onboard procedures, Sunil Krishnakumar, general manager, ICS Singapore Branch, said in an emailed article today.
“This is the safety paradox of decarbonisation,” he said.
“The very fuels and technologies designed to support shipping's path to net zero can also create new hazards for vessels, crews, ports and supply chains.”
"This should not be seen as a reason to delay progress.”
“Rather, it is a reminder that innovation must be matched by robust safety governance, practical procedures and effective crew training.”
He said crews will need fuel-specific training and practical drills covering bunkering, leak detection and emergency response.
Operators should also carry out hazard identification and risk assessments for vessels using alternative fuels.
Regulatory frameworks will also need to develop as the industry gains more operational experience, particularly for ammonia and hydrogen.
The ICS says cooperation between shipowners, class societies, flag states and regulators will be important in turning lessons from early projects into stronger safety frameworks.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 917.00 | 10.00 | 1295.00 | 34.00 |
| Rotterdam | 742.00 | 5.50 | 1435.50 | 54.00 |
| Houston | 765.00 | 2.00 | 1408.00 | 12.00 |
| Fujairah | 986.00 | 1.50 | 1725.50 | 38.50 |
| Global 20 Ports Average | 902.00 | 6.00 | 1547.50 | 29.50 |
| Global 4 Ports Average | 852.50 | 4.00 | 1466.00 | 34.50 |
| Global Average Bunker Price | 950.50 | 2.50 | 1606.00 | 21.00 |
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