financing shipping decarbonisation
Season 1, Ep. 9
A report was issued this year estimating the investment needed to decarbonise shipping at about $1.2tr between 2030 and 2050. The work was conducted by UMAS (University Maritime Advisory Services) in the UK for the Copenhagen based Global Maritime Forum.One of the key points was that this figure does ot apply as much to what shipowners will need to invest, but what needs to be invested into creating a fuel supply chain for a carbon free fuel such as Ammonia. Dr Tristan Smith Reader in Energy and Shipping at the UK's University College London was behind the report. He was also part of the advisory team for a set of criteria published by the Climate Bonds Initiative that has been developing criteria for different industries so investors know what to look for when seeking investments that are risk free.In this episode of Aronnax we begin the journey into financing the transformation of shipping by talking to Dr Smith about the $1.2 trillion decarbonisation journey and to Climate Bonds Initiative's CEO Sean Kidney about how a climate bond for shipping could be defined and how it could become influential.The episode ends with Nich Chubb, founder of Thetius, giving a run down of the weeks biggest tech news.
Season 1, Ep. 8
Behavioral economics, the understanding of what makes people tick, and getting them to make the right decisions, is not exactly new, and in politics, not always welcome. But when it comes to openly encouraging us to make decisions that have a positive impact on the environment then it certainly gets attention. One UK-based startup company Signol has taken this approach and is applying it to shipping having already proven its case in aviation.Here we here from Signol co-founder Dan White.We also have our regular contribution from Nick Chubb, founder of Thetius on the last week's activity in the technology space, and its not all good news.
The return of sail? It's not as simple as you think
Season 1, Ep. 7
While a return to the days of sailing vessels taking cargo around the world sounds romantic, it is also unrealistic. The great sails of old were no where near as efficient as ships are today. However with shipping being forced down a decarbonisation road, it is likely that some modern alternatives will be part of the mix of fossil fuel free solutions.Many of the solutions that have been demonstrated so far are retrofitted onto ships. There are few newbuild vessels with a wind assist technology installed. In this episode of Aronnax we look at the need for a holistic approach to wind assist solutions. We hear from BAR Technologies which has taken learning and systems from the high octane competitive America's Cup racing, from the Airbus-backed kite solution Airseas, as well as form a young consultancy Blue Wasp, with the industries first Phd graduates in wind assist technologiesNick Chubb from Thetius also gives his round up of the start up and technology space over the last week.You can find me at email@example.com
A new role for the IMO: Is the leviathan changing course?
Season 1, Ep. 6
The global effort to significantly lower the amount of man-made carbon dioxide and other greenhouse gases has seen a lot of government-backed collaborative efforts in recent years. In the shipping maritime and ocean spaces this has been somewhat fragmented, with different international agencies taking on different responsibilities.The UN's shipping agency, the International Maritime Organization, recently announced an internal reform that has led to the creation of a new partnerships and projects department that will see it reach out to both industry and international funding mechanism and agencies to expand this effort.Head of the new department is Jose Matheickal who's job will be, among other things, to keep an eye on research and development of innovative ideas that can help wean large ships off CO2 emitting fuels.In his first interview since the IMO announced this significant new strategy to increase its collaborative work, Jose Matheickal talks to Fathom World's Craig Eason on how he sees funding and ideas coming together.
Keeping ships' crews in our minds
Season 1, Ep. 5
Global trade is largely based on just-in-time, lean.supply chains with goods shipped around the world as they are needed. The Covid-19 lockdowns have brought this into stark relief. It also raises the profile of the ships crews that are needed to keep the ships going that keep these ships going. There are stories of crews being forced to stay on board and work much longer than they should, which will impact mental health and abilities, as well as crews finding themselves off a ship, but stranded in the countries where they disembarked because there is no way for them to go home.Fathom World editorial director Craig Eason talks to the CEO of the Human Rights at Sea advocacy group, David Hammond about the cases he has hear about, as well as delves into how efforts hre being made to repatriate stranded crews.Part of this podcast comes from a recording from a live stream of the "It's all About Shipping" webinar cast by Gina PanayiotouVoices in this episode:David Hammond, CEO, Human Rights at SeaDorothea Ioannou, Chief Commercial Officer, American P&I ClubAnna Vourgos, Aphentrica Marine Insurance Brokers
The wind two
Season 1, Ep. 4
The second in our series looking at the new wave of wind propulsion systems for shipping. Fathom World editorial director talks to co-owner Frank Nieuwenhuis and technical director and system inventor Guus van der Bles from Dutch solution provider Econowind, about the system , its abilities and how they see wind solutions being used in a decarbonised shipping industry.More details can be found at:http://fathom.world/key-wind-assist-propulsion-installation-starts-north-sea-operations/andhttp://fathom.world/fresh-waves-from-wind-power-backers/For more news about the changing shape of the shipping and maritime industries subscribe to "The Transformation" the regular newsletter from Fathom World.
The wind one
Season 1, Ep. 3
A new age of sail is emerging for shipping. It's true, we may be able to say once more that ships are sailing and mean it. It may lack the image of the great tea clippers and multi-sailed vessels of the previous centuries, but a new breed of companies and engineers are re-examining what can be done with the wind as shipping looks to decarbonise.They are not looking to bring back multi-rigged sailing ships, despite how wonderful that thought and image may be, but to use a new breed of sail designs, wing designs, spinning rotors and kites to add power to ships that will soon need to use their engines less.In this episode of Aronnax, the first of three from the recent Greenship Technology Conference in Copenhagen, Craig Eason, Editorial Director at Fathom World spoke to to the Secretary General of the International Windship Association, Gavin Allwright about the recent developments and the association members believes in a new future of windpower, as well as to a Danish entrepreneur Brian Boserup who is developing a giant trimaran cargo vessel that's bigger than a Boeing 747.Read more about Brian Boserup and the Blue Technology Trimaran at https://fathom.world/going-for-blue/and get the latest updates from the International Windship association https://fathom.world/charting-a-course-for-the-future-at-the-international-wind-propulsion-forum/Sign up for regular updates from Fathom World www.fathom.world and feel free to get in touch with your stories and news about change and transformation in the shipping an ocean industries.