Emissions - News
Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 7.7 percent to € 1,578 million in the 2022 financial year (previous year: € 1,465 million) according to preliminary unaudited figures. The Group operating result (EBIT) came to € 220 million, thus exceeding the expected range of € 175 million to € 210 million (previous year: € 228 million). Container throughput decreases in volumes Container throughput saw a decrease in volumes, which were down...
OXE Marine AB (OXE Marine) has developed a concept engine with hybrid drive that combines the diesel drive of OXE Marine's outboards with electric drive and thus offers even lower fuel consumption and carbon dioxide emissions. The OXE Hybrid 450 concept engine is the world's first hybridised diesel outboard in the higher power classes and premiers at the Miami International Boat Show, in Miami, Florida, USA. OXE Hybrid 450 concept engine The OXE Hybrid 450 concept engine is based on OXE Mar...
Tsuneishi Shipbuilding Co., Ltd. has signed the latest contract for MAN Energy Solutions’ dual-fuel, methanol-powered MAN B&W ME-LGIM engine. Long-term MAN Energy Solutions licensee, Mitsui E&S Machinery, has won another contract to supply the individual MAN B&W 6G50ME-LGIM (-Liquid Gas Injection Methanol) engine for a 65,700 dwt bulk carrier slated for construction at Tsuneishi Shipbuilding Co., Ltd. The vessel represents the latest methanol-fuelled engine ordered by the bulk...
HMM announced that it has signed newbuilding contracts with Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. In July 2022, HMM unveiled a mid-to-long-term strategy to leap forward to be a global top-rated shipping and logistics company through enhancing fleet competitiveness. Methanol-powered containerships HMM has taken an initial step towards expanding its eco-friendly fleet using alter...
NAPA, a maritime software and data analysis expert, and classification society - Nippon Kaiji Kyokai (ClassNK) have announced the results of a joint study conducted with Marubeni Corporation, which has measured the impact of voyage optimisation on the greenhouse gas emissions and Carbon Intensity Indicator (CII) ratings of a real-life fleet. The research found that a vessel’s fuel consumption and CO2 emissions can be reduced by up to 7.3% by using NAPA Voyage Optimisation. Moreover, the a...
On February 6, 2023, two large earthquakes 200 kilometres east of Mersin International Port (MIP; B/Stable/--) caused severe damage and fatalities in southeastern Turkiye and northern Syria. Even though the port halted operations after the second earthquake, S&P Global Ratings understands from MIP that it has found no evidence of damage to the port's infrastructure, grounds, or equipment. According to the company, operations are scheduled to resume today. They expect to know more in t...
Xeneta has taken the first step in a campaign to identify the carrier industry’s best and worst environmental performers across the world’s 13 major shipping trades. With the help of the Carbon Emissions Index (CEI), a unique tool from Xeneta and Marine Benchmark, carriers have been assessed on the main Far East to South America East Coast container corridor. The analysis makes uncomfortable reading for industry giant - Evergreen. Proof of performance In an age of ever-greater env...
The decarbonisation of international shipping is a priority for IMO and by mid-2023, the organisation aims to have in place a revised and strengthened Strategy on the Reduction of GHG Emissions from Ships. Low- and zero-carbon ship technology assessment A new IMO project aims to provide an assessment of the state of availability and readiness of low- and zero-carbon ship technology and marine fuels, in order to help inform Member States as they work towards the revision of the IMO GHG Strategy...
Crowley has reached a Right of First Refusal agreement to potentially lease and develop an offshore wind terminal during Feb 8, 2023, Wednesday’s Greater Lafourche Port Commission (GLPC) Board Meeting, which took place in Cut Off, Louisiana, USA. The more than 40-acre site, encompassing over 2,200 linear feet of prime waterfront property, is expected to become the home of a purpose-driven offshore wind facility in the coming years. Crowley to lease and develop offshore wind facility in L...
Wilhelmsen Ship Management (WSM) and Affinity Shipping have signed a Memorandum of Understanding (MOU) to jointly establish an independent company that will provide comprehensive compliance services related to the EU ETS (European Union Emission Trading System). The company’s offering will be the first of its kind, offering a complete outsourcing service for shipping ETS management. The service integrates technical ship management and carbon allowance procurement to support shipowners, ma...
European Union - EU grants the Ship-aH2oy project EUR 15 million in funds to equip an offshore wind vessel with a sustainable and scalable solution for power and heat generation. With 17 partners from 7 European countries, the project aims to introduce high-temperature solid oxide fuel cells (SOFC) and liquid organic hydrogen carrier (LOHC) technology for marine use. In combination with efficient heat integration, this will result in a scalable, safe, and sustainable power and heat generation s...
Guests aboard Fred. Olsen Cruise Lines’ fleet made more than 4,400 wildlife sightings with the help of marine wildlife charity - ORCA in 2022. It came as part of ORCA’s Cruise Conservationist programme, hosted aboard the Fred. Olsen Cruise Lines’ fleet. The most frequent wildlife spotted was the common dolphin, sighted 296 times - with the total number of individual dolphins spotted being 1,996. Other sightings included humpback whales, orca, a blue whale and even the deepest...
Crowley Engineering Services (CES) has achieved ISO 9001:2015 certification from the International Organization for Standardization (ISO) recognising the business group’s capabilities. Widely considered as the worldwide standard for quality management systems and practices, the ISO 9001:2015 certification, audited by Platinum Registration, reinforces Crowley Engineering Services’ process and management system as efficient, repeatable and robust. Achieving the ISO certification Ach...
Maritime UK is to deliver a nationwide ‘roadshow’ to inspire girls to consider Science, Technology, Engineering and Maths (STEM) careers in the maritime sector. Maritime UK has been awarded £100,000 in grant funding from the Merchant Navy Welfare Board (MNWB) on behalf of the Department for Transport (DfT) to deliver a Maritime Roadshow for Girls throughout 2023. The roadshow will aim to encourage Key Stage 3 girls to choose STEM subjects and to give the students greater awar...
Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, Japan, has recently completed a conceptual study for an ammonia bunkering vessel capable of supplying ammonia fuel to ships. This study involved joint investigations with INPEX CORPORATION, which boasts abundant achievements and experience in the energy supply chain, in order to respond to increasing demands for ammonia-fuelled ships. Ammonia – future use as a stable source of clean en...
MPC Container Ships ASA (‘MPCC’ or the ‘Company’) will participate in Capital Link’s Corporate Presentations webinar series on January 31, 2023, at 17:00 CET / 11:00 AM ET. MPC Container Ships ASA’s Chief Executive Officer (CEO) - Constantin Baack and Chief Financial Officer (CFO) - Moritz Fuhrmann will go through a brief a presentation on the Company and the current container shipping market, followed by a Q & A (Questions & Answers) session. Presen...
The Liverpool City Region’s maritime industry played host to a senior member of the ministerial team in the Department for Transport, Baroness Vere, during a visit to the area on Friday, 27 January 2023. Mersey Maritime welcomed the Minister to their Maritime Knowledge Hub in Birkenhead where she was briefed on their leading role in the rollout of a national initiative, the Regional Cluster Development Programme, which is focused on growing the industry around the coastal communities of t...
A total of €200 million for all companies operating in the maritime industry in mainland France and the French overseas territories. Applicants can submit their projects on the dedicated platform as of January 30. Call for projects financed and coordinated by the CMA CGM Fund for Energies to support innovative solutions, in collaboration with public actors. Decarbonisation of the French shipping industry The CMA CGM Group has launched a call for projects targeted at startups and bus...
Tokyo-based Classification Society, ClassNK has issued an Approval in Principle (AiP) for a large ammonia fuelled 210,000 DWT bulk carrier, which has been jointly developed by Mitsui O.S.K. Lines, Ltd. (MOL) and MITSUI & CO., LTD (MITSUI). Ammonia is expected to be used as a ship fuel for decarbonisation, since it does not emit CO2 when combusted. Meanwhile, adequate safety measures are imperative, as it has been pointed out that ammonia is toxic to humans and corrosive to materials. Class...
In the report, eight of the world’s pioneering marine insurers have gathered and published client data to track their hull and machinery insurance portfolio’s climate impact. The goal is to support the industry’s green transition. “This level of transparency is a major milestone on our journey to decarbonise the maritime industry,” says Patrizia Kern, Chair of the Poseidon Principles for Marine Insurance initiative and Marine Strategy Advisor – CEO...
While the EEXI is a one-off design-focused protocol granting a ticket to trade for existing ships, the CII as a measure of operational energy efficiency is the primary mechanism to reduce emissions going forward. Based on Annual Efficiency Ratio (AER) results, vessels will be awarded CII ratings ranging from A to E. The calculation essentially divides annual Fuel Oil Consumption (FOC) by distance travelled, taking into account the CO2 factor of the fuel used (100% in the case of fossil fuel oil...
SAIM Marine (SAIM S.p.A.) is exhibiting at BOOT 2023 event in Düsseldorf, Germany with QS Seamaster - bow and stern thrusters: a complete line of DC, AC, brushless DC-AC, retractable and hydraulic thrusters from 40 to 1400 Kgf thrust, available both with analogic or digital connection systems, on/off or proportional commands. BOOT is one of the most prestigious boat shows in the world and has about 1,500 exhibitors, including manufacturers and distributors. Boats from kayaks to super-yacht...
Following the announcement of the second round of ‘Levelling Up’ funding from the Government, industry body - Maritime UK has welcomed the inclusion of a number of projects focused on the sector and more broadly on the vitally important coastal communities around the United Kingdom (UK). Maritime is known to make a massive contribution to the country’s economy, being worth £116 billion and supporting over a million jobs, and has a major contribution to make to levelling...
The Milford Haven Waterway Future Energy Cluster, representing the UK's energy capital, has outlined a vision for a low carbon future at the Senedd in Cardiff Bay. The Cluster – a coalition of energy companies, renewable developers, green technology innovators, Pembrokeshire County Council and the Port of Milford Haven – outlined how their plans will play a pivotal role in enhancing the wellbeing of future generations and in helping the Welsh Government achieve a just transition to...
Howden, a global provider of mission-critical air and gas handling products, has signed a Memorandum of Understanding (MoU) with Foreship, a pioneer in naval architecture and marine engineering. Howden and Foreship have signed a cooperation agreement focused on streamlining the shipbuilding design process to incorporate Howden’s HV-TURBO compressors in Air Lubrication Systems (ALS), suitable for all types of vessels. Air Lubrication technology The Air Lubrication technology blows micro...
The International Maritime Organization’s (IMO) decision to ambitiously cut greenhouse gas (GHG) emissions in half by 2050 is at the top of shipping companies’ agendas. To ensure that ships contribute as little as possible to GHG emissions, all stakeholders must use cutting-edge technology. This offers a closer look at the technologies that are available for regulatory compliance and energy efficiency improvement. Air Lubrication System The air lubrication system creates a carpet...
Spire Global, Inc. (‘Spire’ or ‘the Company’), a renowned global provider of space-based data, analytics and space services, has announced leadership changes within the Spire Maritime business. John Lusk has been appointed as Chief Executive Officer (CEO) of Spire Maritime. Mr. Lusk joined the Company in 2018 and has held various leadership roles, most recently serving as Chief Operating Officer (COO) of Spire Maritime. Extensive industry experience Mr. Lusk has more t...
Thales is a Gold level sponsor of the 2023 Autonomous VTOL Technical Meeting and Electric VTOL Symposium, which will take place in Arizona, USA, from January 24 to January 26, 2023. The event will bring together thought leaders, professionals and entrepreneurs to share their perspectives on the most pressing topics in autonomy and electric VTOL. On January 25, 10:00 AM - 11:00 AM EDT, Yanik Doyon, Vice President, Business Development & Sales, Flight Avionics, North America, will speak on a...
Ports of Stockholm can jointly apply, together with eight other Baltic Sea ports, for EU (European Union) grant funding for pilot studies to develop the onshore power infrastructure, enabling more sustainable shipping with low air pollutant emissions. The Swedish government has now given the go-ahead for this application. In the first week in January the positive decision was taken by the Swedish government to approve Ports of Stockholm’s request to submit a joint application, together wi...
Rolls-Royce announces that it has conducted successful tests of a 12-cylinder gas variant of the mtu Series 4000 L64 engine running on 100% hydrogen fuel. The tests, carried out by the Power Systems business unit, showed very good characteristics in terms of efficiency, performance, emissions and combustion. These tests mark another important step towards the commercial introduction of hydrogen solutions to meet the demand of customers for more sustainable energy. Commercial introduction of hy...