Monaco Yacht Show 2023 – Reflections
Some reflections on the 2023 Monaco Yacht Show S.A.M. Sustainability was a key theme and topic of conversation and some progress is being made. This is a positive, and perhaps reflects the dawning realisation that this is not just about climate change, but the sustainability of yachting. Hydrogen as a fuel for superyachts, especially in liquid […]
2023 IMO GHG Strategy – a call to action for the superyacht industry?
Superyachts are but a small part of the wider maritime industry and although they are exempt from many of the regulations related to energy efficiency and reduction of Green House Gas (GHG) it is clear that yachts will need to align with the ambitions of the IMO if it is to be seen as a […]
Let’s Talk About HVO!
Original version published on the Monaco Capital of Advanced Yachting (MCAY) website – here There has been a lot of focus on new technologies and green fuels such as Hydrogen and Methanol as a means of decarbonising the superyacht industry. While these may provide the solution for new-builds, what about the large fleet of recent […]
Fuel Cells on Superyachts – The Future is Here!
The recent launch of Lurssens Project Cosmos, a 114m superyacht using reformed Methanol and Feadships recent announcement of a Liquid Hydrogen superyacht that both use Hydrogen in Fuel Cells as part of a hybrid solution, represent important step’s in yachting’s transition to a future less reliant on fossil fuels. But what is a Fuel Cell, […]
Where Are We Headed In 2023?
In 2022 two statements stood out for me that highlight the attitude towards climate change and the future of yachting: But superyachts are clean! CEO of renowned brokerage Adapt or die! CEO of northern european shipyard There is still a large gap between those who believe we can continue with “business as usual” (BAU) […]
Green Superyacht Corridors
According to the Fourth IMO GHG Study 2020 in 2018 superyachts emitted approx. 4.9 Million tons of C02e – note: this does not take account of shore power and use of Automotive Gas Oil (AGO) so could be much higher. Based on the past trend and forecast growth, without significant changes in efficiency, energy consumption […]
Future Proof
Is it possible to “future proof” a superyacht? The reason for this question is that it doesn’t take much to realise that being able to switch a yacht from fossil fuel to green fuels in the future will have a positive impact on use, cost, and asset value. Whilst these concerns, and the transition away […]
What is HVO and How Can It Help CO2 Emissions?
There has been a lot of focus on new technologies and green fuels such as hydrogen and methanol as a means of decarbonising the superyacht industry. While these will offer solutions for new-builds in the future, what about the large fleet of recent builds and legacy vessels, how can they reduce their carbon emissions? These […]
How Will Climate Change Affect The Cost of Superyacht Ownership – Part II
In Part I we looked at how a carbon tax and more energy efficient yachts could affect Operational Costs, in this second part we consider the other factors such as: – Build Cost Finance Resale Build Cost As well as the component parts of a hybrid or an alternative energy solution, there are design and […]
Methanol A Promising Solution?
There has been much talk about reducing CO2 emissions from superyachts and apart from incremental changes that may be possible through technology such as hybrid propulsion, batteries, digitalisation and efficient hull design, the uncomfortable truth is it will not be sufficient to reach the goal of zero-carbon yachting. The only way to achieve that goal […]
