Index Investing News
Thursday, September 4, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

World’s largest cruise ship sets sail, bringing concerns about methane emissions By Reuters

by Index Investing News
January 28, 2024
in Stocks
Reading Time: 3 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters.

By Doyinsola Oladipo

NEW YORK (Reuters) – The world’s largest cruise ship is set for its maiden voyage on Saturday, but environmental groups are concerned that the liquefied natural gas-powered vessel – and other giant cruise liners to follow – will leak harmful methane into the atmosphere.

Royal Caribbean (NYSE:) International’s Icon (NASDAQ:) of the Seas sets sail from Miami with capacity for 8,000 passengers across 20 decks, taking advantage of the surging popularity of cruises.

The ship is built to run on liquefied (LNG), which burns more cleanly than traditional marine fuel but poses greater risks for methane emissions. Environmental groups say methane leakage from the ship’s engines is an unacceptable risk to the climate because of its short-term harmful effects.

“It’s a step in the wrong direction,” said Bryan Comer, director of the Marine Program at the International Council on Clean Transportation (ICCT), an environmental policy think tank.

“We would estimate that using LNG as a marine fuel emits over 120% more life-cycle greenhouse gas emissions than marine gas oil,” he said.

In terms of warming effects, methane is 80 times worse over 20 years than carbon dioxide, making cutting those emissions key to holding down global temperature warming.

Cruise ships like Icon of the Seas use low-pressure, dual-fuel engines that leak methane into the atmosphere during the combustion process, known as “methane slip,” according to industry experts. There are two other engines used on bulk carriers or container ships that emit less methane but they are too tall to fit in a cruise ship.

Royal Caribbean says its new ship is 24% more efficient when it comes to carbon emissions than required by global shipping regulator the International Maritime Organization (IMO).

LNG emits fewer greenhouse gases than very low sulfur fuel oil (VLSFO) that powers most of the global shipping fleet, said Steve Esau, chief operating officer of Sea-LNG, a industry advocacy organization.

Cruise engines convert natural gas into power in a cylinder, where it is “important to make sure that all the natural gas is converted to energy,” said Juha Kytölä, director of R&D and Engineering at Wärtsilä, which developed the cruise ship’s engines.

What is not converted can escape during the combustion process into the atmosphere, he said, adding that Wärtsilä’s natural gas engine technology emits 90% less methane than it did 20 to 30 years ago.

Cruise ship engines have an estimated methane slip of 6.4% on average, according to 2024 research funded by the ICCT and other partners. The IMO assumes methane slip at 3.5%.

“Methane is coming under more scrutiny,” said Anna Barford, Canada shipping campaigner at Stand Earth, a nonprofit organization, noting that the IMO last summer said its efforts to cut greenhouse gases includes addressing methane emissions.

Of the 54 ships on order from January 2024 to December 2028, 63% are expected to be powered by LNG, according to the Cruise Line International Association. Currently, about 6% of the 300 cruise ships sailing are fueled by LNG.

Newer cruise ships are being designed to run on traditional marine gas oil, LNG or alternatives like bio-LNG that only account for a fraction of U.S. fuel consumption.

Royal Caribbean will use different fuels as the market evolves, said Nick Rose, the company’s vice president of environmental, social, and governance.

“LNG is one piece of our actual strategy,” he said.



Source link

Tags: BringingconcernsCruiseEmissionsLargestMethaneReutersSAILSetsshipWorlds
ShareTweetShareShare
Previous Post

Airstrike in southern Gaza kills 3 Palestinians

Next Post

Here’s Real Reason Why BTC Dipped After ETF Approval By U.Today

Related Posts

Salesforce, Inc. 2026 Q2 – Outcomes – Earnings Name Presentation (NYSE:CRM)

Salesforce, Inc. 2026 Q2 – Outcomes – Earnings Name Presentation (NYSE:CRM)

by Index Investing News
September 4, 2025
0

Q2: 2025-09-03 Earnings AbstractEPS of $2.91 beats by $0.13  | Income of $10.24B (9.77% Y/Y) beats by $98.41MThis text was written...

A Information to Shopping for Liquidation Common Merchandise

A Information to Shopping for Liquidation Common Merchandise

by Index Investing News
September 1, 2025
0

Liquidation normal merchandise (we wish to name it “gen merch”) is without doubt one of the most versatile kinds of...

#15: “No matter The World Is Going By means of, It is Most likely Been Worse Earlier than…” – Meb Faber Analysis

#15: “No matter The World Is Going By means of, It is Most likely Been Worse Earlier than…” – Meb Faber Analysis

by Index Investing News
September 1, 2025
0

folks like to complain about how dangerous issues are, however let’s be clear they’ve been approach worse Through HistoryinMemes Worst...

Your Information to Investing Bonuses in 2025

Your Information to Investing Bonuses in 2025

by Index Investing News
September 1, 2025
0

Free inventory promotions are one of many best methods to begin investing with out committing a big sum of cash...

Trump indicators order permitting various property like cryptocurrencies, personal fairness in 401(ok)s

Trump indicators order permitting various property like cryptocurrencies, personal fairness in 401(ok)s

by Index Investing News
September 1, 2025
0

U.S. President Donald Trump waves from the roof of the West Wing of the White Home as he takes a...

Next Post
Here’s Real Reason Why BTC Dipped After ETF Approval By U.Today

Here's Real Reason Why BTC Dipped After ETF Approval By U.Today

Mike Macdonald lets the Ravens defense do his talking

Mike Macdonald lets the Ravens defense do his talking

RECOMMENDED

How Delivering Pizzas Helped Me Build a 27-Unit Rental Portfolio

How Delivering Pizzas Helped Me Build a 27-Unit Rental Portfolio

June 15, 2023
Austria’s RBI and Strabag in share deal to weaken Russia ties By Reuters

Austria’s RBI and Strabag in share deal to weaken Russia ties By Reuters

December 20, 2023
Gogo Inc. appoints new CEO from Satcom Direct By Investing.com

Gogo Inc. appoints new CEO from Satcom Direct By Investing.com

December 3, 2024
Miami Freedom Park undertaking authorized in metropolis fee vote

Miami Freedom Park undertaking authorized in metropolis fee vote

April 29, 2022
Uranium costs rise after Russia quickly limits provides to U.S. (NYSEARCA:NLR)

Uranium costs rise after Russia quickly limits provides to U.S. (NYSEARCA:NLR)

November 15, 2024
Are banks, put up places of work, UPS and FedEx open on Easter, Good Friday?

Are banks, put up places of work, UPS and FedEx open on Easter, Good Friday?

April 18, 2025
Lufthansa ground staff to strike on Tuesday, says union By Reuters

Lufthansa ground staff to strike on Tuesday, says union By Reuters

February 18, 2024
39 Best Money-Making Apps To Cash In Big!

39 Best Money-Making Apps To Cash In Big!

March 6, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In