Page 15: of Maritime Reporter Magazine (January 2024)

impact on operational ef? ciency.

This hybrid assisted approach will be necessary going forward if the shipping sector is to ever become truly carbon neutral. Future fuels, such as methanol will play a signi? cant role, but their mainstream availability will likely be limited for several decades, and they may cost four to six times more than heavy fuel oil does today. The ? nancial factors will certainly slow adoption, but the cost challenges can be mitigated when wind power enters the equation.

In fact, AYRO’s research shows that

OceanWings are capable of deliver- ing 50% savings on fuel consumption, which would be a huge advantage for © Jifmar Group Library MaD? y - Y. Derennes ship owners when choosing, or ? nally being forced to adopt costly future fuels targets including a common ambition By promoting wind propulsion as the like methanol. to reach net-zero GHG emissions from technology available today that can un- international shipping by or around, i.e. lock the most drastic savings, it’s pos-

True Decarbonization close to 2050, a commitment to ensure sible to look positively and imagine that

Mitigating the far-reaching conse- an uptake of alternative zero and near- the IMOs 2030 target could be met. Ac- quences of global warming stands as zero GHG fuels by 2030, as well as in- tion on wind propulsion now will build one of humanity’s most pressing chal- dicative check-points for international a platform for making future fuels more lenges. Currently, ships are responsible shipping to reach net-zero GHG emis- viable and wind assisted hybrid pro- for about 3% of total carbon emissions sions for 2030 (by at least 20%, striv- pulsion should easily help the industry and are expected to represent up to ing for 30%) and 2040 (by at least 70%, reach the 2040 target as ships begin to 17% of human CO² emissions by 2050 striving for 80%). reduce their reliance on heavy fuel oil.

if no action is taken. Fortunately, the Wind assisted propulsion combined After this, with further developments industry has already been set on a car- with future fuels can steer the maritime and innovations from new ship designs bon free trajectory. world towards a more sustainable and to more digitalization combined with

In July 2023, IMO Member States environmentally friendly future. But wind power and future fuels, true decar- adopted the 2023 IMO Strategy on it’s important that the conversation bonization in shipping by 2050 starts to

Reduction of Greenhouse Gas (GHG) includes the world’s largest source of look entirely plausible. And likely not a emissions from Ships, with enhanced free energy, the wind. moment too soon.

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MR #1 (1-17)_2.indd 15 1/9/2024 11:45:49 AM