Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy-duty transport emissions set to decline

Reaching net-zero carbon emissions for heavy industry and heavy-duty transport sectors is technically and financially possible by mid-century – 2050 in developed countries and 2060 in developing countries - according to the Energy Transitions Commission.

The report, Mission Possible: Reaching net-zero carbon emissions from harder-to-abate sectors by mid-century, outlines the possible routes to fully decarbonise cement, steel, plastics, trucking, shipping and aviation. Together these industries represent 30 percent of energy emissions today and could increase to 60 percent by mid-century as other sectors lower their emissions, said ETC.

The report was developed with contributions from over 200 industry experts over a six-month consultation process. Its findings show that full decarbonisation is technically feasible with technologies that already exist, although several still need further investment to reach commercial readiness.

In heavy-duty transport, electric trucks and buses (powered by either battery or hydrogen fuel cells) are likely to become cost-competitive by 2030, said the report.

The report added that, in shipping and aviation, liquid fuels are likely to remain the preferred option for long distances but carbon emissions can be reduced by using bio or synthetic fuels.

Improved energy efficiency, greater logistics efficiency and some level of modal shift for both freight and passenger transport could also reduce the size of the transition challenge.

The report outlined key policies to accelerate the decarbonisation of these sectors, including tightening carbon intensity mandates on industrial processes and heavy-duty transport; accelerating public-private collaboration to build the necessary energy and transport infrastructure; and investing in the green industry through research and development.

www.energy-transitions.org

Heavy Lift | News

Maersk sets ambitious logistics goals thumbnail image

Maersk sets ambitious logistics goals

July 10 - A.P. Møller Mærsk reportedly wants half of its earnings to come form inland logistics, according to a report in the Wall Street Journal (WSJ).
Views: 2057
Bleaker outlook for multipurpose sector  thumbnail image

Bleaker outlook for multipurpose sector 

July 5 - Drewry has downgraded its outlook for the multipurpose shipping market in light of weaker projected global economic growth, greater competition from dry bulk and container sectors, and a lack of ship demolition activity.
Views: 1906
Logistics confidence in the UK drops thumbnail image

Logistics confidence in the UK drops

July 5 - Optimism in the UK’s logistics industry has fallen to its lowest level on record, according to the latest Logistics Confidence Index from Barclays and accountancy and business advisory firm BDO.
Views: 1550
Global trade barometer falling says DHL thumbnail image

Global trade barometer falling says DHL

June 28 - For the first time since its launch in January 2018, the DHL Global Trade Barometer (GTB) indicates a slight contraction of worldwide trade for the next three months.
Views: 1761

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.