Singapore is one of the world’s leading ports and bunkering hubs; the Maritime & Port Authority of Singapore (MPA) recorded 4.005 million metric tonnes (MT) of marine fuel sales during October 2019. The port authority has announced several measures to prepare the port to be able to supply IMO 2020 […]
In sum, the electrification of maritime vessels is at the infant industry stage. Because of the current limitations of battery technology, all- electric vessels are limited to short journeys between recharge points. So for operators of long distance voyages, the medium-term future is hybrid where batteries work with fossil fuels. But to reach net zero emissions in thirty years’ time, electrification could well be the answer and this requires further advances in technology.
List of some of the leading maritime industry conferences, courses and exhibitions in the coming months
A look at the important maritime sector networking events occurring in the coming months in 2020.
However, efforts by innovators to electrify shipping has only just begun. In a few months, for instance, we will see the first 100 percent electric barges operating in the inland waters serving the European ports of Antwerp, Amsterdam, and Rotterdam.
The drive for cost savings and efficiency improvements is an important goal to operators in a marine industry that is still reeling from a downturn in the market. Since the advent of the digital era, many suppliers have expounded that shipowners need to invest in digital systems, data analytics and machine learning if they are serious about being key players in the marine industry in the future.