EXCHANGE Volume 01, No. 1, 2023, pp. 101-108

Runxin XU

Analysis of the Impact of Carbon Neutrality on Energy Saving and Emission Reduction in the Shipping Industry

Abstract: Carbon neutrality is the focus of the world’s attention in terms of green energy efficiency and emission reduction, and is a measure developed by all mankind to mitigate unusual weather conditions such as climate change. The IMO’s stricter carbon regulations, which will come into force in 2023, will make it imperative for the world to focus on reducing emissions from ships in order to meet the 2030 carbon peaking and 2060 carbon neutral targets.

By analyzing three types of currently mainstream low-carbon and zero-carbon ship power energy representatives, namely: LNG-powered ships, hydrogen-fuelled-powered ships and nuclear-powered ships. This paper illustrates the disadvantages, current applications and future prospects of these ship power energy sources, as well as some measures to reduce greenhouse gas emissions from ships in addition to energy sources. With the expectation that this paper will provide a reference for the cause of energy saving and emission reduction in the shipping industry.

Keywords: Carbon neutrality; GHG; IMO regulations; nautical science.