Redoubling Our Resolve to Deliver Energy Transition
As momentum behind decarbonization accelerates, offshore service providers must accept the challenges ahead with great enthusiasm, harnessing key skills honed during many years working offshore, says William Hill, Executive Group Vice President, GAC Energy. The enforced shutdown of much of the industrialized world in response to the COVID-19 pandemic has thrown into sharp contrast the state of the environment before and after production, transportation and travel were dramatically cut back.
CMA CGM Aims to be Carbon Neutral by 2050
French-based CMA CGM, the world’s fourth-largest container shipping group, said on Tuesday it would aim to become carbon neutral by 2050.The company, headquartered in the Mediterranean port of Marseille, also announced in a statement a target for 10% of its energy supplies to be made up of alternative fuels by 2023.CMA CGM, which was citing objectives set out by Chairman and Chief Executive Rodolphe Saade during a United Nations conference, is following market leader Maersk in aiming to reduce its net carbon emissions to zero by 2050.The French group…
Future Floating Homes: Naval Arch Students Meet the Challenge with Green Tech
Naval architecture students in Galati, Romania and Gdansk, Poland, used their technical and soft skills to compete in the final of ShipDX (Ship Design Exercise), the first naval architecture competition in Romania.GLO Marine, the organizer of the competition, looked at current industry trends to propose the theme of this year’s edition: the concept design of a highly autonomous, self-propelled floating house, with a focus on integrating green and sustainable technologies into the smart design.
Stena Line is 10 Years Ahead of IMO Emissions Goals
Ferry shipping company Stena Line reports it is 10 years ahead of international shipping's emissions reduction targets thanks to measures such as new, larger and more energy efficient vessels, AI assisted captains and an increased punctuality.The Sweden-based operator says that during 2019 it reduced its total CO2 emissions 1.7 %, corresponding to 24,000 metric tons of CO2 in total, while CO2 emissions per transported ton freight and passenger vehicles on board the vessels fell…
Opinion: Government Intervention Needed to Keep Shipping, Energy Businesses Moving
In times of crisis sometimes the easiest response is to be heads-down. One of the responses to the COVID-19 pandemic that history will look back on as key to the resilience of people and commerce, has been cooperation. As a specialist travel management company (TMC), it is a privilege for ATPI Marine & Energy to be part of unprecedented collaboration in the shipping and energy industries.Right now, these sectors are joining forces in ways never seen before to ensure that ships can sail, rigs can operate and people can be relieved and get home safely.
UK Startup to Apply Aviation Fuel Tracker for Shipping
A U.K. startup tracking fuel-use performance in aviation will look to apply its product in the maritime sector in an effort to improve the environmental record of the shipping industry.One of 10 winners of MarRI-UK funding, Signol and its academic partners at University College London’s Energy Institute have been awarded a total of £130,000 ($162,200) for STEAM (Sustainability Through Efficient Actions in Maritime), a project looking to directly change the behavior of ships’ crews…
Turbine Foundations Shipped for Virginia Offshore Wind Farm
The first foundations for Dominion Energy's Coastal Virginia Offshore Wind pilot project have been shipped from Germany to Canada for eventual installation 27 miles off the coast of Virginia Beach, Va.On March 31, the foundation components for two 6MW Siemens Gamesa windmills were loaded onto the Netherlands-flagged BigRoll Beaufort at the EEW facility in Rostock, Germany. In order to be able to transport all wind equipment in the most safe way, the in-house engineers of Roll Group have designed dedicated grillage for Jan De Nul, the contractor who will install the turbines.
Interview: Takeshi Okamoto, ClassNK
As COVID-19 and a historically weak energy market wreaks havoc on maritime, Takeshi Okamoto, Corporate Officer and General Manager of Public Relations Team, ClassNK, tells Maritime Reporter & Engineering News in its May 2020 edition that the pandemic will effectively help to fast track portions of its ClassNK Digital Grand Design 2030 strategy, particularly "where we have a great interest in expanding evaluation methodologies using digital technology to substitute the current physical evaluation methods."Takeshi Okamoto was part of Maritime Reporter's report on 'Class'…
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.
Copenhagen Port Sheds 55 Workers
The financial consequences due to the crisis with the coronavirus pandemic are of such a significant scope that Copenhagen Malmö Port (CMP) gave notice of termination to 55 employees in Copenhagen, including both dockworkers and office workers.CMP already gave notice of termination in April to 40 employees in Malmö, which as Scandinavia’s largest port terminal for new cars, has been particularly hard hit by the global downturn in vehicle production. In fact, the crisis has resulted in a marked decline across all of CMP’s business areas.
BIMCO Tanker Rate Analysis: Reality Kicks In, Rates Fall
Tanker shipping: sky high freight rates replaced by reality of falling global oil demandGeopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year.Demand drivers and freight ratesThe tanker shipping industry was once again caught in a whirlwind, as freight rates skyrocketed with little regard to the poor market fundamentals before the latter once again caught up with rates.
AWO Elects Crowley's Mead as Chairman
Arthur F. Mead, Vice President and Chief Counsel at Crowley Maritime Corporation, has been elected Chairman of the American Waterways Operators (AWO), succeeding outgoing Chairman Scott Merritt, former Chief Operating Officer with Foss Maritime Company, LLC.Members of the national tugboat, towboat and barge industry association elected a new slate of leaders this week during the association's Spring Board of Directors / Annual Membership Meeting, which was held virtually due to COVID-19 precautionary measures that resulted in the meeting not taking place in Washington…
Bahri Puts LNG Tanker Plan on Hold
Saudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12 liquefied natural gas (LNG) tankers after Sempra Energy delayed its decision on whether to proceed with an LNG export project in Texas, two sources said.Bahri issued an expression of interest (EOI) last year to charter the vessels from 2025 in Saudi Aramco’s first foray into LNG as part of the state oil giant’s plan to become a major global player in the gas market.In May last year, Aramco signed a 20-year agreement to buy LNG from Sempra Energy’s planned Port Arthur export terminal and also agreed to buy a 25% eq
LNG Carrier Delivered to Nakilat
Qatari shipping company Nakilat took delivery of a newbuild liquefied natural gas (LNG) carrier Global Energy. Built by South Korea's Daewoo Shipbuilding & Marine Engineering (DSME), the vessel will be managed in-house by Nakilat and is the first of four LNG carrier newbuilds to be delivered to Global Shipping Co. Ltd., a joint venture of Nakilat (60%) and Greece-based Maran Ventures Inc. (40%). The delivery of all four newbuilds by end-2021 will bring Nakilat’s fleet to 74 LNG carriers…
Interview: John Waterhouse, EBDG - “Be Bold in Thinking but Cautious in Application”
John Waterhouse is a ubiquitous character in the U.S. maritime industry, a deep-thinker, a signature bow tie and more than three decades of naval architecture and marine engineering experience and success as co-owner of the Seattle-based Elliott Bay Design Group (EBDG).While growing up, John Waterhouse spent some time in Vancouver, BC, Canada, and it was as a young boy standing on the shores of English Bay, watching ships come in from around the world to load and unload their cargos, when he realized that a maritime career could be his future.
One-on-One with Duane Fotheringham, President, Unmanned Systems, HII
Hydroid, a familiar name in the Unmanned Underwater System defense market, was bought this year by Huntington Ingalls Industries (HII). We checked in with Duane Fotheringham, President, Unmanned Systems, HII, for insights on the path forward for autonomy in the defense sector.Hydroid is a long-established, well-known name in the subsea Autonomous Underwater Vehicle (AUV) sector that recently had a change in corporate ownership, joining the Huntington Ingalls Industries family of companies.
LR’s Nick Brown: Climate Emergency is “same magnitude, different time domain" to COVID-19
As the maritime industry settles in on a COVID-19 induced ‘new norm,’ and long-range planning is dramatically shortened,, Nick Brown, Marine and Offshore Director, Lloyd’s Register, said that while much deserved focus must be paid to the current crisis, the industry cannot lose sight of another one looming just as large: climate change. “We strongly maintain that the climate emergency is an event of the same magnitude, just with a different time domain to COVID-19," Brown told Maritime Reporter & Engineering News recently.
Sailing Beyond Coronavirus
A new reality demands a new approach. Asbjørn Halsebakke, Product Manager, Yaskawa Environmental Energy / The Switch, argues that we can’t afford to let the greatest opportunity within the current crisis slip away.We can’t celebrate a pandemic. People are dying. Economies are crashing. Unemployment rates are rocketing. We are distanced – from those we love, but also from our immediate past. Life as we know it has been turned upside down. So, we can’t celebrate. But nature can.Instant impactAs we have retreated into our homes, the natural world has come out to play.
ABS’ Wiernicki: “COVID-19 will function as threat, a disruptor and catalyst for change”
As COVID-19 and a historically weak energy market wreaks havoc on the maritime industry, Christopher J. Wiernicki, CEO, American Bureau of Shipping, tells Maritime Reporter & Engineering News in its May 2020 edition that “COVID-19 will function as threat, a disruptor and catalyst for change, driving class further away from calendar maintenance towards predictive operations. The industry will accelerate its digitally driven movement into condition-based approaches and real-time…
Tonnage Slips at Port Houston Amid Pandemic
Monthly cargo volumes at Port Houston declined in April as the coronavirus outbreak continued to impact commerce in the U.S. and across the world.Port Houston, the 6th largest container port in the U.S., handled a total of 221,540 twenty-foot equivalent units (TEUs) in April, down 12% from the 252,693 TEUs in April 2019. For the full year, however, Port Houston handled 994,627 TEUs through April, which is 5% more than the first four months of 2019.Total tonnage at Port Houston’s public facilities was down 10% in the month of April at 3,766,756 short tons, a decrease of 3% year-to-date.
DNV GL's Ørbeck-Nilssen: Maritime 'Renaissance' Could be on the Horizon
As COVID-19 and a historically weak energy market wreaks havoc on maritime, Knut Ørbeck-Nilssen, CEO Maritime, DNV GL, tells Maritime Reporter & Engineering News in its May 2020 edition that this could be the beginning of a Renaissance period for the industry. "Everything will be looked at with new eyes, it’s going to be a renaissance for the maritime world and I think we’ll have a lot of innovation and new ideas," said Ørbeck-Nilssen. "Things that we’ve traditionally done for years simply will not hold up…
Algeria to Lift Ban on Car Imports
Algeria will resume car imports, the government said on Sunday, after a ban failed to reduce the import bill, as the North African member of OPEC tries to rein in spending to cope with a decline in energy earnings.The plan to allow car dealers to resume imports was approved at a Cabinet meeting chaired by President Abdelmadjid Tebboune, the government said in a statement.The ban was endorsed in 2014 under President Abdelaziz Bouteflika, who resigned in April last year after pressure…
BIMCO: 2020 and the Collapse of Bunker Fuel Markets
The sulfur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the center stage in the shipping industry at outset of the new decade. Four months on, the spotlights have turned to the coronavirus and the OPEC+ oil price war.The outlook for global economic growth remains bleak as the world is faced with the largest recession since the Great Depression in the 1930s.Commodity prices have declined across the board and most recently…
Thome Group Shifts to Remote Audits Due to COVID-19 Restrictions
Singapore-based ship management company Thome Group said it has undergone a series of remote audits with DNV GL in various locations due to the widespread lockdown restrictions across the globe.Thome Mumbai office’s annual ISO 9001:2015 audit was performed online using video conferencing software which enabled document sharing and discussions to take place to verify that all requirements had been met. This was the first remote inspection that Thome had carried out and, because of its successful conclusion…
National WISTA Associations Offer Free Membership for Seafarers
The Women’s International Shipping and Trading Association announced a new initiative aimed at helping seafarers.WISTA Norway, WISTA UK, WISTA Singapore, WISTA Brazil, and WISTA Argentina have come together to offer free WISTA membership for seafarers through August 31, 2020. Membership allows seafarers to access the largest network of female managers in the shipping industry, as well as online seminars, webinars and workshops. The idea for the project came from WISTA Norway.Pia Meling…
Mapping the Maritime Software Landscape in 2020
Another year has passed since our last mapping of the maritime software landscape, and it is once again time to review the latest developments and trends in this space.Overall, 2019 was another turbulent year for most shipping markets, overshadowed by preparations for the IMO 2020 sulfur regulations, rising geopolitical tensions, the trade war between the USA and China, as well as natural disasters disrupting global supply chains. This article provides insight into the changes seen in the maritime software landscape under these turbulent conditions: On a high-level…