Renewable Energy to Power NYK’s Yokohama Daikoku C-3 Terminal
From October 1, electricity sourced from renewable energy will be used at Yokohama Daikoku C-3 Terminal, which began operations in August as the first finished-car logistics terminal in Japan operated by NYK, in the company’s effort to help the city of Yokohama to achieve the goals of its Zero Carbon Yokohama plan for realizing carbon neutrality.The renewable electricity will be generated at the Minehama Wind Power Plant and come from 100% renewable energy sources. The electricity will be provided by Minna-Denryoku Co.’s electricity traceability service…
MOL Fined for Emissions Violations in California
Mitsui O.S.K. Lines has paid $253,300 in penalties to the California Air Resources Board for violating the Ocean-Going Vessel At-Berth Regulation, which requires cargo ships to reduce emissions while docked at the state’s busiest ports, including Los Angeles, Long Beach, Oakland, Hueneme, San Francisco and San Diego.The violations were discovered during routine audits of the company’s 2017 and 2018 vessel fleet visits to the Port of Oakland. CARB’s investigation revealed that from 2017 to 2018, Mitsui O.S.K.
Chinese Demand Keeping the Dry Bulk Market Going -BIMCO
An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the world. High deliveries and low contracting have left the orderbook at multi-year lows, but – with the poor outlook – the current influx of new dry bulk ships orders is not what is needed.Demand drivers and freight ratesThe biggest story in the dry bulk industry in recent months has been the strength of the recovery in major Chinese imports. These are up across the board…
US Preparing Tighter Oil Sanctions on Venezuela
The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told Reuters on Monday, by potentially removing exemptions that allow some oil companies to exchange Venezuelan crude for fuel from the OPEC member.U.S. President Donald Trump has ramped up sanctions on Venezuela's state-run PDVSA, its key foreign partners and customers since it first imposed measures against the company in early 2019, seeking to oust the…
Port of Indiana Handling Cargo for $1 Billion Power Plant
More than 600 pieces of cargo, some as large as 600,000 pounds and 100-feet long, will be shipped through the Port of Indiana-Burns Harbor for a $1 billion power plant project at the Indeck Niles Energy Center in Michigan.In total, there will be six vessels arriving to the northern Indiana deepwater port with the cargoes from June through August, the first of which was the BBC Florida on June 29.The largest piece being shipped to the port is the steam recovery system, also known as a Heat Recovery Steam Generator.
ROBOSHIP Project Targets Zero-emissions Electric Vessels
Tokyo-based e5 Lab Inc. says it has launched the ROBOSHIP project aiming to develop standard models of electrically powered vessels to realize zero emissions, as well as an integrated system called the ROBOSHIP BOX, which brings together telecommunications, the Internet of Things (IoT) and software.With strategic partners in Japan and overseas, the development project team targets the commercialization of electric-powered merchant vessels that adopt clean and efficient propulsion systems at the most competitive price in the global market…
Stored Crude, Condensate Could be Shipped from Shuttered Libyan Ports
A limited reopening of Libyan oil terminals could allow the export of some crude oil and condensate stored at Es Sider, Brega, Zueitina and Hariga, but leaves a months-long blockade of the ports in place, oil engineers say.East Libyan authorities said on Wednesday they would permit exports of the stored products in an effort to ease an electricity supply crisis that has resulted in increasingly lengthy power cuts.The ports have been blockaded since January by east Libyan factions as part a wider conflict…
Japanese Partners Eye Ammonia as Marine Fuel
A joint research and development (R&D) project initiated by a group of Japanese maritime companies aims to utilize ammonia as a marine fuel and establish methods for the mass transportation and supply of ammonia.The joint R&D agreement signed by NYK Line, Japan Marine United Corporation and Nippon Kaiji Kyokai (ClassNK) on August 6 will target the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia…
Deadly Explosion Rips Through Beirut Port Area
A powerful blast in port warehouses near central Beirut storing highly explosive material killed 78 people, injured nearly 4,000 and sent seismic shockwaves that shattered windows, smashed masonry and shook the ground across the Lebanese capital.Officials said they expected the death toll to rise further after Tuesday's blast as emergency workers dug through rubble to rescue people and remove the dead. It was the most powerful explosion in years in Beirut, which is already reeling from an economic crisis and a surge in coronavirus infections.President Michel Aoun said that 2…
Port of Vancouver USA Receives Record Shipment of Wind Turbine Parts
The Port of Vancouver USA received a shipment of wind turbine components on July 22 that included the longest wind turbine blades ever to enter the West Coast of the U.S. and transported across North America, to-date. The port received a total of nine wind turbines including blades, nacelles, generators, hubs, tower sections and other sub-components. Eight of Goldwind’s GW155/4.2 MW turbines arrived on the MV Star Kilimanjaro. There are four complete turbines featuring Goldwind’s 76-meter blades and four additional turbines of the same model with blades arriving on later shipments.
SMM 2021: Plotting a Course Forward for the Global Maritime Community
As the maritime world collectively feels its way forward in a time now defined by the COVID-19 pandemic, the organizers of the SMM in Hamburg, traditionally the world's largest and most influential maritime and shipbuilding trade event, share market overview insights on the economic consequences of the coronavirus pandemic throughout the the shipping industry.The Covid-19 pandemic has turned the world economy on its head. “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated two months ago…
Europa 2’s Cold Ironing Connection Certified by DNV GL
Ultra-luxury cruise ship Europa 2 has had its cold ironing connection certified by classification society DNV GL following testing of the undisrupted use and compatibility of the shore-to-ship power system in the Port of Hamburg.While idled due to the coronavirus pandemic, Europa 2 has been using cold ironing at the Cruise Center Altona in Hamburg for the past 30 days, reportedly marking the first time a cruise ship has been using cold ironing for a long period of time.Europa 2, with a maximum of 500 passengers requires 2.2 megawatts (MW) of power per hour during its lay time.
New Report Outlines Big Potential for Offshore Wind
Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge resource potential—and market opportunities—being unlocked by shrinking costs and technological advances, as outlined in a recent comprehensive market report.In the coming two decades, the rapidly maturing offshore wind market is expected to become a trillion-dollar business as the pace of installed capacity growth accelerates…
The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World
Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4gJust when it was looking like the offshore wind industry was finally about to take off in the United States, the COVID-19 pandemic has introduced one more significant layer of uncertainty upon an already very complicated playing field. There are currently 15 active offshore wind projects in the planning stages which…
COVID-19 Weighs on Great Lakes-Seaway Shipping
While St. Lawrence Seaway cargo volumes decreased during the past two months due to economic shifts related to COVID-19, industry leaders said the binational trade and transportation corridor is ready to play its part in the economic recovery efforts in the coming months. Meanwhile, with an increased focus on commodity diversification through project cargo, international shipments of wind energy components in the Great Lakes region are taking off.Overall St. Lawrence Seaway tonnage from March 15 through May 31 totaled 7.7 million metric tons, down 10% compared to the same time period in 2019.
China's Coal Imports Fall Nearly 20% in May
China's coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, customs data showed on Sunday.Analysts and industrial participants had expected China to tighten coal import rules in the second half of 2020 to support domestic miners, and imports starting in July may drop by as much as a quarter from the corresponding 2019 period.Sunday's data showed the country imported 22.06 million tonnes of coal last month, according to the General Administration of Customs released on Sunday.
Maersk and Other Danish Firms Partner for Sustainable Fuels Project
A group of Danish transportation and energy companies including shipping giant A.P. Moller - Maersk have teamed up to develop an industrial-scale production facility to produce sustainable fuels for road, maritime and air transport in the Copenhagen area.Maersk is joined in the project by DFDS, Ørsted, Copenhagen Airports, SAS and DSV Panalpina, who have brought together the demand and supply side of sustainable fuels to develop a new hydrogen and e-fuel production facility as soon as 2023.
Shipping Plan Would Reel International Emissions into EU Carbon Market
The European Union's carbon market could capture a large chunk of emissions from outside Europe if the bloc succeeds in including shipping in the scheme, according to the European Commission's first report on maritime CO2 emissions.Pollution from ships plying international waters typically escapes countries' domestic emissions-cutting targets, but the EU's executive has said the sector must contribute to its trillion-euro push to achieve a "climate neutral" economy by 2050.It wants to curb shipping's carbon footprint by adding it to the Europe-wide emissions trading system (ETS)…
Branson: Virgin Cruise Line Will Overcome Coronavirus Fears
British entrepreneur Richard Branson heralded his first cruise ship "Scarlet Lady" on Friday as targeting a younger generation of holidaymakers with a range of attractions that he believes will outweigh any fears around coronavirus.Despite the unfortunate timing, with passengers on one ship quarantined in Japan after hundreds caught the virus and another turned away by five countries over fears someone on board may be ill, Branson sees cruises as a growth area.In an event at Dover…
Chinese Coal Imports on the Rise
China's coal imports in April surged 22% from a year earlier, as traders scrambled to snap up low-cost coal from the seaborne market amid plunging demand for the fuel worldwide because of the coronavirus pandemic.The world's largest coal buyer imported 30.95 million tonnes of coal last month, according to the official data from the General Administration of Customs released on Thursday.That compares to 27.83 million tonnes imported in March and 25.3 million tonnes in April 2019.Imports over the January to April period jumped 26.9% to 126.73 million tonnes, customs said.
When the Bell Rings: Honoring US Merchant Mariners
This Memorial Day, as we rightfully honor the military men and women who gave their lives winning and protecting our freedoms, let us not forget an often-overlooked remembrance for the thousands of U.S. merchant mariners who also died serving our country in their own selfless ways.In 1933, by a joint Resolution of Congress and by Proclamation of the President of the United States, May 22 was set aside as National Maritime Day to honor the sacrifices of U.S. merchant mariners during wartime and in peace.
Brazil Agrees to Raise Level of the Parana River
Brazil has agreed to release water at the giant Itaipu hydroelectric dam to raise low water levels in the Parana River, a key thoroughfare for grains shipments, Argentina's Foreign Ministry said on Friday.Decade-low water levels on the Parana are forcing Argentine exporters to load less soy and other grains on ships bound largely for China, adding a new problem to a sector already beset by bottlenecks due to the coronavirus pandemic.The agreement with Brazil will allow for an additional 1,400 cubic meters of water flow to be added to the river, the ministry said in a statement.
Canada Funds Refinance German OWF
The Canada Pension Plan Investment Board (CPP Investments) has refinanced its minority interest in the 609MW Hohe See and Albatros offshore wind farm complex in the German North Sea.Amsterdam Capital Partners (Amscap) advised CPP Investments on the EUR 510.6 million green bond refinancing, said a statement.The refinancing follows CPP Investments’ acquisition of 49% of Enbridge Inc’s (Enbridge) original 49.89% ownership in the two projects, which Enbridge in turn acquired from EnBW Energie Baden-Württemberg AG (EnBW) in 2017.In total…
Port of Hamburg: The Annual Outlook Part 1
In 2020 a lot will happen in the port of Hamburg. Jens Meier, Managing Director of the Hamburg Port Authority, gives an outlook and reports on the major port topics of the year in two episodes of PORT IS WHAT WE DO. In this first episode, he reports on the current status and significance of the major project to adjust the fairway of the Elbe. He also talks about sustainability, which will remain one of the most important topics in the Port of Hamburg in 2020, e.g. supplying ships with shore-side electricity.
WFW Advises Galloper on Sale of Assets
UK-based Galloper Wind Farm Ltd recently agreed the sale of its transmission assets relating to the 353 MW Galloper Wind Farm to Diamond Transmission Partners pursuant to the Offshore Transmission Owner (OFTO) regime.The international law firm based in London Watson Farley & Williams (WFW) said that it has has advised Galloper on offloading its assets to DTP.Galloper Wind Farm is located in the North Sea, 27 km from the coast of Suffolk, England. The sale of Galloper’s transmission…
Transnet to Cut Transport of Non-Essential Cargo During Lockdown
South Africa's logistics firm Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday to contain the coronavirus.The state-owned company said shipments of metals and minerals would depend on demand and government approval. It was unclear if these exports would be affected.The transport of coal to state-run utility Eskom's power stations would continue, Transnet said.Transnet operates nearly three quarters of the African rail network…