January 4, 2010The first ship “Viking Lady” to employ a 320 kW Molton Carbonate fuel fuel cell in history docked at the Copenahgen Nyhavn at Kvaesthusmolen pier. Shipping is now responsible for roughly three percent of global emissions of greenhouse gases, or more than one billion metric tons of carbon dioxide every year, along with smog-forming nitrogen oxides, sulfur dioxides and soot. In fact, emissions of nitrogen oxides from one ship burning diesel in a year are greater than those from 22,000 cars. That’s because ships burn bunker fuel or diesel to cleave through the waves but, according to Tor Svensen, CEO of Det Norske Veritas (DNV) Maritime, “it is possible for shipping to reduce emissions, even taking into account growth in world trade.” In fact, ships could reduce emissions of CO2 by 500 million metric tons by 2030 while increasing profits, according to an analysis done by DNV. After all, fuel costs for a tanker ship are fully 41 percent of its total operating costs. A tax on CO2 emissions of just $15 would drive cuts of 700 million metric tons, according to Svensen. Energy savings of as much as 40 percent can be achieved through better hull design, more efficient [...]