N2 Tankers Highlights Maritime Industry's Readiness Challenges for Net Zero Emissions
Madhu Vadakkepat, commercial director of N2 Tankers, emphasizes that the maritime industry lacks consensus on training, certification, and alternative fuels necessary for achieving net-zero emissions. He notes that while 60% of new ship orders are LNG-ready, issues like methane slip and a shortage of trained engineers persist. Vadakkepat advocates for pooling compliance benefits from biofuels and mentions wind-assisted propulsion as a potential fuel-saving technology. He stresses the need for industry-wide collaboration to adopt the IMO Net-Zero Framework.
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Madhu Vadakkepat, commercial director of N2 Tankers, states the maritime industry is unprepared for net-zero emissions, citing a lack of consensus on government policies and insufficient training for seafarers, especially regarding LNG fuel. He notes that 60% of new ship orders are LNG-ready but highlights challenges such as methane slip, fuel availability, and a shortage of trained engineers.
Vadakkepat suggests pooling compliance benefits from biofuels and mentions wind-assisted propulsion as a viable technology to reduce fuel consumption. He stresses the importance of industry collaboration to achieve the IMO Net-Zero Framework.
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