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Saturday, September 21, 2019

Greenhouse Gas News

Photo: Sovcomflot

Sovcomflot, NYK Pact on Financing 2 LNG Carriers

Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) and NYK Line have announced that they have signed a new $176 million non-recourse credit facility for eight years with three leading international banks.The banks are: Sumitomo Mitsui Banking Corp. of Japan (through its German subsidiary, SMBC Bank EU AG); Société Générale of France; and Shinsei Bank of Japan. The agreement was reportedly signed through joint venture companies belonging…

Jean Nicoli will be one of the three Corsica Linea ferries to benefit from ABB's shore connection technology. Image: ABB

ABB Enables Emission-free Port Visits

French ferry operator Corsica Linea is fitting out its ferries calling Port of Marseille with equipment necessary to use electricity for power at berth using  ABB’s shore connection technology.Instead of running diesel-fueled auxiliary engines, Paglia Orba, Jean Nicoli and Pascal Paoli ferrieswill use electricity for power at berth. Each of the three vessels is being modified to feature ABB’s power compensation solution Dynacomp, which allows electricity available from the local…

Representatives from the Panama Canal and the Port of Rotterdam meet in Panama. Photo: Panama Canal Authority (ACP)

Panama Canal Signs MoU with Rotterdam Port

The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, including logistics parks and port development projects."The Expanded Canal continues to reshape global trade routes today…

Port Prize awarded (Photo: PORT OF KIEL)

Maritime Coordinator Honored with Kiel Port Award

The Federal Government Coordinator for the Maritime Industry, Norbert Brackmann, has been honored with the Port Award 2019. The prize was presented to him on September 5th on the occasion of the traditional “Sprottenback” event hosted by the companies of Kiel’s maritime industry. In his role as the Chairman of the Advisory Board, Jens B. Knudsen, the Executive Manager of Sartori & Berger, paid tribute to the awardee in his laudatory speech: “Norbert Brackmann campaigns at federal level for competitive conditions in the utilization of on-shore power.

File Image: SMM

SMM 2020 Publishes Maritime Industry Report

“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's agenda are highlighted in the new issue of the SMM Maritime Industry Report: Shipping, shipbuilding and supplier companies are especially interested in alternative propulsion technologies and attractive niche markets.The year 2020 marks a major turning point in international shipping: On January 1…

Wärtsilä’s Advanced Waste technology will enable the Regal Princess to dispose of waste safely, efficiently, and with environmental sustainability. Copyright: Princess Cruises

Wärtsilä Waste Treatment for Princess Cruises

The Finnish technology major Wartsila will supply and install an Auto Gasification solution for the Regal Princess, enabling the safe disposal of waste from the ship through a self-fueling thermal decomposition unit, thereby significantly reducing greenhouse gas emissions.The gasification unit on Princess Cruises’ vessel will reduce the ship’s waste to less than 5% of it is original volume, turning it into a sterilize inert material called Bio Char and a synthetic gas that will be recycled within the unit as fuel…

Photo: NYK Line

NYK Group to Build New Heavy-lift Vessels

NYK Bulk & Projects Carriers Ltd., an NYK Group company and the only shipping company that owns and operates heavy-lift ships in Japan, signed a contract with Nanjing Jinling Shipyard Co. Ltd., which is part of the China Merchants Group, to build a pair of heavy-lift vessels. The ships will be equipped with a pair of 400-ton cranes and be able to lift up to 800 tons of heavy cargo. The hold will be about 95 meters in length at its maximum without any bulkheads, i.e., upright walls within the hold.

AdobeStock / (c) 14KT Gold

'Green' Focus for Citigroup's Shipping Finance Chair

Citigroup's veteran shipping finance banker Michael Parker is to become chairman of the bank's shipping & logistics business, a role which will include bolstering the lender's environmental focus in the sector, Citi said on Thursday.In June, Citi was among a group of leading banks who signed up to environmental commitments known as the "Poseidon Principles."These will for the first time integrate efforts to cut CO2 emissions into banks' decision making when providing loans to shipping companies.The initiative highlights how businesses are having to respond to moves by investors around the worl

World’s first LNG-powered crude oil tanker (courtesy of SCF Group)

Shell Charters LNG-Powered Tanker Fleet

Shell Tankers (Singapore) Private Ltd has agreed a long-term deal to charter a fleet of 10 LNG dual-fuel Aframax crude oil tankers from Sinokor Petrochemical Co Ltd, which expects to take delivery of them from Samsung Heavy Industries in South Korea in 2021."Shell has agreed to charter a fleet of new liquefied natural gas (LNG)-fueled crude oil and products tankers, as part of its drive to decarbonise shipping," said a press note.Separately, Shell has agreed long-term charters for four new LNG dual-fuel oil products tankers, from institutional investors advised by J.P.

Seabulk Completes First Methanol Shipment

Seabulk Tankers, a subsidiary of SEACOR Holdings, has announced the successful delivery of its first methanol parcel chemical shipment aboard the articulated tug-barge (“ATB”) Sea-Power/Sea-Chem I.The Sea-Power/Sea-Chem I loaded a 10,500 metric ton methanol parcel in the U.S. Gulf of Mexico and discharged the parcel in Charleston, South Carolina and Chesapeake, Virginia. The vessel can load up to 30,000 metric tons of cargo into eleven segregations and is equipped with stainless steel cargo piping and MarineLINE 784 cargo tank coating.

© Sergi / Adobe Stock

Panama Canal starts Speed Limits to Protect Whales

Starting August 1 and until November 30, 2019, the Panama Canal will promote the implementation of the International Maritime Organization’s (IMO) annual recommendations on speed and maritime transit aimed at protecting cetaceans, which include whales, dolphins and other large aquatic mammals, during their nearby seasonal migration.With these measures, ships should proceed at a speed of not more than 10 knots in specified areas. Panama has monitored this requirement since December 1…

Photo: Panama Canal Authority.

Panama Canal, UN Join Forces on Climate Action

The Panama Canal and UN Environment signed a cooperation agreement today to join efforts on sustainable development and combatting climate change.Signed by the Administrator of the Panama Canal Jorge L. Quijano and the Regional of UN Environment in Latin America and the Caribbean Leo Heileman, the agreement includes the exchange of experiences and knowledge, the development of programs and research in areas of shared interest, and human resources training across both institutions.The…

Interferry CEO Mike Corrigan explains why the global trade association is poised to take its work to the next level.

Interferry Charts a Course for Growth

Interferry CEO Mike Corrigan explains why the global trade association is poised to take its work to the next level.While I respect the mantra of cautious optimism, I can’t help feeling genuinely excited that 2019 could prove to be a milestone year in the continuing growth of Interferry’s influence as the global voice of the ferry industry. We’ve come a long way since our US origins in 1976 as what was essentially a networking movement, but developments in recent months already suggest we are on course for yet more enhancement of our present-day worldwide networking and lobbying relationships.

File image / AdobeStock / © dbvirago

Marseille Fos Accelerates Air Emissions Cuts

Among a string of new eco-friendly initiatives, the Marseille Fos port authority is to spend $22 million over the next six years to extend shoreside electrical connections for berthed vessels to every ferry, cruiseship and repair quay within the Marseille eastern harbor.Already available on the Corsica ferry quays, the network will be expanded in two phases to cover North Africa ferry quays and the shiprepair hub by 2022 and the cruise terminal between 2022 and 2025. The zero…

© Herbert-ABS

Setting the Course for Low Carbon Shipping

In a collective call to action for the decarbonization of shipping last year, 34 signatory CEOs from the industry made clear that efforts to significantly lower the carbon footprint of shipping presented “biggest technology challenge in the past 100 years”.This statement was not an exaggeration. In fact, the transition to a low-carbon future will take more than an unprecedented commitment to the research and development that traditionally underpins technological advance. Finding complex solutions that are at once commercially viable…

file Image: AdobeStock / © dbvirago

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.

OXE Diesel. Image: Cimco Marine AB

EIB Invests in Low-Emissions Outboard Engines

The European Investment Bank (EIB) has signed a EUR 14 million venture loan agreement with Sweden’s Cimco Marine AB to co-finance its innovation and growth investments.As per the unsecured credit facility agreement, the EIB will finance up to 50 percent of Cimco’s development of a new family of diesel outboard engines, inter alia a 3 liter, 6- cylinder twin turbo BMW diesel engine with a number of power outputs between 200 hp and 300 hp."The total facility is split into three tranches of EUR 4 million (A)…

Boxship Operators Opt for Navis Loading Computers

Twenty newly built container vessels in the size ranging from feeder segment 2,300 TEU to 15,100 TEU have been selected to be equipped with MACS3.Oakland, CA and Flensburg, Germany—July 2nd, 2019—Navis, the leading provider of maritime software solutions for efficient and compliant cargo and vessel performance, has announced that it has been selected as a partner for liner operator, Yang Ming and ship owner and ship manager ChinaNavigation and Eastern Pacific. Through this partnership…

Pic: Port of Oakland

Oakland Port: Big Drop in Greenhouse Gases

Oakland International Container Terminal (SSA), a major Port of Oakland tenant, said its $6 million conversion to hybrid yard cranes would cut greenhouse gas emissions 96 percent. “This is way better than we thought it would be,” said Ken Larson, Crane Manager for the terminal’s parent company, Seattle-based SSA Terminals. “So far, this is a very successful project.”The marine terminal, which handles 61 percent of Oakland’s cargo, is converting 13 massive cargo handlers, known as rubber tired gantry cranes, from diesel to battery-powered hybrid engines.

Photo: Port of Oakland

Oakland Port Tenant: Hybrids ‘Better Than We Thought’

A major Port of Oakland tenant projects big air quality gains from a three-month-old emissions reduction program. SSA’s Oakland International Container Terminal said its $6 million conversion to hybrid yard cranes would cut greenhouse gas emissions 96 percent. “This is way better than we thought it would be,” said Ken Larson, Crane Manager for the terminal’s parent company, Seattle-based SSA Terminals. “So far, this is a very successful project.”The marine terminal, which handles 61 percent of Oakland’s cargo…


© Kalyakan/Adobe Stock

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…

© Elnur/AdobeStock

Being Green: Banks Consider CO2 Emissions in Shipping Loans

A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday.International shipping accounts for 2.2% of global carbon dioxide (CO2) emissions and the U.N.'s International Maritime Organization (IMO), has a long-term goal to cut greenhouse gas emissions by 50% from 2008 levels by 2050.Working with non-profit organisations the Global Maritime Forum, the Rocky Mountain Institute and London University's UCL Energy Institute…

Oakland Port Aims for Zero Emissions

The Port of Oakland, a major container ship facility located in Oakland, California, in the San Francisco Bay, said that its Commissioners have approved an air quality plan intended to drastically cut diesel and greenhouse gas emissions resulting from the Port’s maritime operations.Christened as "Seaport Air Quality 2020 and Beyond Plan", it envisions a zero-emissions operation in the future. The Oakland Board of Port Commissioners voted last week to approve the 259-page plan.The Port said that the plan would provide a framework for maritime development for the next 30 years.

Concept Design Ammonia Carrier. Image: C-Job Naval Architects

Research: Ammonia as Marine Fuel Feasible

According to research by C-Job Naval Architects, Ammonia can be safely and effectively applied as a marine fuel to reduce harmful emissions in the maritime industry.The research uses a new concept design, an ammonia carrier fueled by its own cargo, to study the concept of using ammonia as a marine fuel and achieve a significant reduction in greenhouse gas emissions in shipping. It shows ammonia can be used as marine fuel if a number of safety measures are included in the design.

Photo: ICS

ICS Launches Annual Review

In advance of its AGM in the Faroe Islands next week, the global trade association for shipowners, the International Chamber of Shipping (ICS), has launched its Annual Review 2019, providing in-depth insight into the most pressing issues confronting shipping, which moves about 90% of global trade.ICS Chairman, Esben Poulsson, explains:  “The immediate focus of ICS is the successful implementation of the UN IMO global sulphur cap, which will take complete effect on January 1. ICS…

Pic: International Chamber of Shipping (ICS)

Shipping to Halve Carbon Footprint by 2050

The world's principal shipping organisation, representing around 80% of the world’s merchant tonnage, International Chamber of Shipping (ICS)  remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN International Maritime Organization (IMO) targets to reduce greenhouse gas (GHG) emissions. This follows important decisions made by the IMO Marine Environment Protection Committee (MEPC 74) which met in London this week…