Brazil Okays BW Offshore's Oilfield Buy
Norwegean provider of floating production services to the oil and gas industry BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed company's plan to become an operator and not just a supplier of oil services, platforms and ships.The purchase, from Chevron Corp and Petrobras, extends BW's operations in Brazil, where it already has two floating production, storage and offloading (FPSO) units.“We are proud to announce that our subsidiary BW Energy has been approved by the razilian National Agency of Petroleum…
UK to Insist on Zero Emission Ships from 2025
Britain's government on Thursday said all new ships ordered from 2025 and aimed for its waters must be equipped with zero emission technology, as part of a new plan to cut maritime pollution.Britain last month announced a target to reach net zero greenhouse gas emissions by 2050, making it the first among the major G7 countries to set such a goal.As part of a new "Clean Maritime Plan" unveiled on Thursday, the government said ships ordered from 2025 onwards must have zero-emission capabilities.
Shipping Giants May Miss Climate Targets
A new report says shipping companies failing to push for the critical technologies required to reduce their carbon footprint, such as emission-free ships.CDP, an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, said that the world’s shipping heavyweights are not investing in key technologies to reduce their carbon footprint, with the sector at risk of not meeting the International Maritime Organization’s (IMO) targets to…
CMA CGM Boxship Refuels with Bio-Fuel
Previously announced IKEA, CMA CGM, GoodShipping Program and Port of Rotterdam pilot celebrates milestone moment in industry-first partnership.IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam announced the successful refueling on Saturday, March 23 of the CMA CGM White Shark with sustainable marine bio-fuel oil.The test, which represents a major step for the decarbonization of ocean freight, saw the companies work together in a first-of-its-kind partnership for the shipping industry.
VARO, GoodFuels: Bio Fuels in Rotterdam
VARO Energy subsidiary REINPLUS FIWADO Bunker and GoodFuels have extended their partnership to improve availability of bio fuel oil (BFO) to deep sea vessels leaving from Rotterdam.The new deep sea proposition, which will help to improve the sustainability of the segment, is based on extending the availability of GoodFuels’ Bio Fuel Oil, which the company launched in Autumn 2018.The new partnership will see VARO help scale the sourcing, production, blending and distribution of GoodFuels Bio Fuel Oil across the ARA region.
Partnership to Test Sustainable Marine Bio-Fuel Oil
IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will commence with a landmark bunkering of the marine bio-fuel oil on a CMA CGM container vessel on March 19th, representing a major step towards the decarbonization of ocean freight.The test is being facilitated by the GoodShipping Program, a sustainable initiative dedicated to decarbonizing ocean freight…
Bomin Sells Belgium Bunker Ops
The Bomin Group has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company Somtrans. Bomin announced in September 2018 that it was exiting the bunker market in Antwerp.The purchasers will acquire 100 percent of the shares in Bomin Belgium, located in Antwerp. Subject to merger clearance, the deal is expected to be formally concluded on December 31, 2018. As from January 2019 the company will be rebranded.The Bomin…
Port of Rotterdam Throughput Edges Down
Total throughput in the port of Rotterdam in the first three quarters of 2018 was 0.4% lower than in the same period the previous year.According to a release from the port, container volumes continued to grow at a markedly higher pace than the first nine months of 2017 – even recording a new all-time high in August.Wet and dry bulk, however, showed a decline in volume – although LNG and biomass were two positive outliers within these product segments. All in all, 350 million tonnes of cargo was handled in the port of Rotterdam…
Singapore Funds Green Marine Fuel Program
Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner alternative marine fuels such as biofuels and methanol. Senior Minister of State, Dr Lam Pin Min announced initiatives by Maritime and Port Authority of Singapore (MPA) said that companies can use the fund in their research and development in alternative fuels to meet future greenhouse gas emissions regulations.He said…
Koole Terminals Acquires Odfjell Terminals Rotterdam
Odfjell Terminals entered into an agreement with Koole Terminals B.V. of the Netherlands (Koole) to sell its 100% ownership of Odfjell Terminals Rotterdam (OTR).The sale will generate USD 100 million of cash proceeds to Odfjell. Odfjell announced that the transaction has closed.According to Koole Terminals, Odfjell Terminals will be rebranded to Koole Tankstorage Botlek (KTB). Located in the heart of the Port of Rotterdam, KTB stores both chemical and mineral oil products and operates a PID facility.John Kraakman…
New Fuel Rules Push Shipowners to Go Green with LNG
Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry's biggest shake-up in decades.From 2020, International Maritime Organization rules will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, unless they are equipped to clean up sulphur emissions. This will be enforced…
ESL Shipping Acquires AtoB@C
Finnish dry bulker ESL ShippingLtd, a shipping company fully owned by Aspo Group, is going to acquire all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB (AtoB@C) that offer shipping services. The enterprise value is EUR 30 million. The final purchase price will be mainly financed by Aspo's existing financing reserves, and approximately EUR 4.2 million will be covered by new shares issued by Aspo Plc. The transaction will require the competition authority's approval in Finland to be completed.
Cargill Aims to Cut Ship Emissions 15% by 2020
Cargill Inc aims to cut carbon emissions from its international shipping unit by as much as 15 percent by 2020, to meet U.N. regulations to reduce pollution and demands from some of its food manufacturer customers for more environmentally-friendly operations.The global commodities trader, which was scheduled to announce the emissions goal late on Monday, told Reuters the reduction of CO2 per cargo-ton-mile was targeted at its time-chartered fleet. But overall, Cargill plans to cut total greenhouse gas emissions on an absolute basis across all company operations by 10 percent by 2025.Cargill…
Cargotec, JCE Invest AB Form Joint Bulk Business
Cargotec has signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specialised in dry bulk handling. The new joint venture will own Siwertell AB (previously part of Kalmar Business Area within Cargotec) and BRUKS Holding AB (previously part of JCE Group). Both companies are world-leading suppliers of bulk materials handling solutions. Cargotec will own 48% of the shares in Bruks Siwertell Group, and JCE Invest AB will own the rest, 52%. The ownerships are included to venturers' consolidated financial statements in accordance with the applicable regulation.
Marine Biofuels As Sustainable Alternative For Shipping
The inaugural biofuel roundtable was held in Singapore today to drive discussions on the use of biofuels as a sustainable alternative fuel for the future of shipping. Organised by the Maritime and Port Authority of Singapore (MPA), BHP and GoodFuels Marine (GoodFuels), the closed-door roundtable event brought together shipowners of different ship types to network, share insights into the use of biofuels to meet increasingly stringent environmental regulations as well as explore areas of collaboration.
A2B-online Container Ships Use Biofuels, Big Data to Cut CO2
A2B-online Container, GoodFuels Marine and We4Sea launch a collaboration project with the aim to reduce fossil fuel consumption and CO2-emissions for two A2B-online ships. Big Data technology is used to map the possibilities for more efficient shipping operations. The cost efficiencies achieved by reduced levels of fuel consumption will subsequently be used to deploy advanced, sustainable biofuels, by which the CO2-emissions will further decrease. A2B-online Container B.V. offers reliable short-sea services from the port of Moerdijk to several ports in the UK.
Port Workers in Argentine Grains Hub to Hold Wage Protests
Port workers in Argentina's main grains hub of Rosario will hold flash protests and block access gates over the weeks ahead as part of wage negotiations in which they are demanding a 40 percent pay increase, a union leader said on Thursday. Wage strikes and protests are common in Argentina, which had an inflation rate of about 40 percent last year. The central bank aims to cut inflation by more than half in 2017. "We are going to hold days of protests in front of the gates of different port facilities.
US Navy, Queensland Partner with Industry
A two-day Biofutures Industry Forum hosted by the Queensland government and U.S. Navy at the Brisbane Convention and Exhibition Centre commenced today in Brisbane, Australia. The forum will bring together biofutures industry leaders from each step in the supply chain to collaborate and discuss the production of biofuels that meet both jet and marine specifications; all while forming and strengthening professional relationships between the nations. "The Navy has always been in the energy-innovation business- from wind to coal…
North P&I Publishes Loss Prevention Guide on Bulk Cargoes
The 175 million GT, ‘A’ rated North P&I Club has published a major new guide for the international shipping industry on how to reduce losses when carrying bulk cargoes by sea. The 280-page Bulk Cargoes: A Guide to Good Practice adds to North’s comprehensive portfolio of guidance provided about different cargo types and is the first to be made available in both print and e-book formats. Bulk Cargoes explains the basic rules to be remembered on every occasion during loading, carriage and unloading of bulk cargoes.
Biofuels to Help Power Next US Navy Deployment
The U.S. Navy on Wednesday launched its first carrier strike group powered partly by biofuel to conduct operations in the Pacific. The "Great Green Fleet" warships powered by alternative energy is a milestone toward easing the military's reliance on foreign oil. Most of the group's ships will run on a mix of 90 per cent petroleum and only 10 per cent biofuels, though that could change. The Navy originally aimed for the ratio to be 50/50. Navy Secretary Ray Mabus and Agriculture Secretary Tom Vilsack kicked off the deployment in a ceremony at Naval Air Station North Island near San Diego…
VARO Energy Takes Full Control Over Hydrocarbon Hotel Tankstorage Terminal
VARO Energy, a growing downstream player in the North West European-market, today announced that the group has completed its acquisition of Hydrocarbon Hotel (HCH), a modern hydrocarbon product blending and storage terminal in the port of Amsterdam from Blue Ocean Associates Ltd (BOA). Prior to this, VARO Energy already owned 50% of the shares in the terminal and was fully responsible for its operation. Built in 2011 and operated by 11 employees on site, the facility includes 11 tanks with a total capacity of over 140’000 m3 connected through modern loading and mixing pump equipment.
Godrej Conferred AILBIEA's Lifetime achievement Award
Nadir B. Godrej, MD of Godrej Industries Ltd., was conferred the Lifetime Achievement Award by the All India Liquid Bulk Importers and Exporters Association (AILBIEA) during its 15th Anniversary celebration held on 1st April 2016 in Mumbai. AILBIEA, whose members are responsible for most of the liquid bulk cargo that pass through various ports of India and which has hit a whopping volume of over 200 Million tons this year, made this rare gesture of conferring this momentous award on Mr Godrej for his monumental role in bringing up the country's liquid bulk business to its present status.
Shipping Sector Emissions: LNG, Methanol Lead the Pack
A recent JRC report finds that fuels like liquefied natural gas (LNG) and methanol are the most promising alternatives to drive decarbonisation of the shipping sector and ultimately contribute to the fight against climate change. Market penetration by alternative fuels has already begun with ship builders, engine manufacturers and classification societies by introducing greener ships running on cleaner fuels. Shipping is more fuel-efficient than road transport: it requires 2-3 grams of fuel per ton per km, compared to road transport by truck which is about 15 grams of fuel per ton per km.
After Paris, A Move to Rein In Emissions by Ships
As the world moves to slash CO2 emissions, the shipping and aviation sectors have managed to remain on the sidelines. But the pressure is now on these two major polluting industries to start controlling their emissions at last - a report by Yale University. International aviation and shipping emissions were excluded from the Paris pact, which introduced limits on greenhouse gas emissions for all nations starting in 2020. With power generation, manufacturing, domestic transport…
Leavitt Heads Seattle Port's Environment Protection, Development
After an extensive national search, the Port of Seattle has promoted Elizabeth Leavitt to lead its work to protect and enhance the environment. The Senior Director for Environment and Sustainability is a newly created position leading a center of expertise that consolidates environmental, sustainability, and planning functions. Leavitt will report to the Chief Operating Officer (COO) and will serve on the CEO’s Executive Leadership Team. “It is impressive that, within the large candidate pool, the Port’s own staff provided excellent people who rose to the top,” said Port COO Dave Soike.
WISTA UK Focuses on Curtailing Ship Emissions
WISTA UK, the Women in Shipping and Trade Association, isn't shy in hosting events that challenge its members to address the major issues affecting the shipping industry, and this was very much the case during the its most recent Forum. With the Paris hosting this week, The 2015 United Nations Climate Change Conference COP 21 meeting, the Forum looked at the part the maritime sector plays in the climate change agenda. The subject of Thursday’s debate (26 November) was the divisive emissions problem, with the panel exploring potential solutions to curtail shipping’s emissions.