Emissions - News

Long-term contracted ocean freight rates fell by 3.6% in January 2022, according to the latest Xeneta Shipping Index (XSI®) Public Indices. Based on crowd-sourced data from global shippers, the analysis shows the second consecutive monthly rates decline, following a staggering 14 months of consistent increases. As such, despite the dip, contracted rates stand 98.1% up year on year, demonstrating the commanding position carriers continue to occupy in shipping negotiations.  Pain and g...

MSC returns to TPM Conference in Long Beach, USA, which will be held on the following dates: 27 February – 2 March. TPM is organised by The Journal of Commerce within IHS Markit and is the premier conference for the trans-Pacific and global container shipping and logistics community. Annually attracting the most senior-level audience in the industry, TPM is a platform for a week of essential and intensive networking, negotiations, and relationship building among the multiple parties in th...

The Norwegian Shipowners Association has announced that they welcome the Ocean Fund initiative to speed up the green transition in the global shipping industry. They believe that if shipping is to achieve ambitious climate goals, the global maritime industry needs to put in place, new and effective measures that will stimulate investment in green technology and emission-reducing measures. The Ocean Fund 75 per cent of the funds received, as part of the Ocean Fund, will go back to the shipping...

Less than 15 percent of TGI's domestic freight uses Australia’s Blue Highway – the 80 or so ports and seaways surrounding the country connecting cities and towns and the world. Sea freight is often overlooked because of misconceptions that road and rail freight is more cost-effective. However, when it comes to transporting oversized and heavy equipment, sea freight has a much lower cost per tonne, especially over longer distances. So, what does the user need to know about domestic s...

In light of the emerging trend for decarbonisation within the marine sector, MAN Energy Solutions notes that the modular design of the conventionally fuelled, low-speed ME-C engine portfolio lends itself to extensive retrofit options, in regard to alternative green fuels, and that such retrofits already have a proven track record. Thomas S. Hansen, the Head of Promotion and Customer Support at MAN Energy Solutions, said “At MAN Energy Solutions, we design and service many of the global fl...

As a consequence of increased business volume and in line with the execution of the Group's growth strategy, Blue Water has extended the group's top management, which grows from three to four members. The new member will be Thomas Bek, promoted from Global Director of Energy & Projects to COO for Energy, Ports & Projects Division. Current COO Dan Nissen will be responsible for road, sea & air division, including transport and logistics of industrial goods, consumer goods, food and m...

A.P. Moller – Maersk (Maersk) announces that it releases all historical and future ocean weather observations into the public domain for free use by the scientific community around the globe. The data which has been collected by Maersk vessels since 2012 increases publicly available ocean weather data by 28 percent. Sharing the data The goal is to aid climate research and weather forecasts by providing weather data from the world’s oceans, where ground-level data coverage is slim...

A global pioneer in supply chain solutions DP World reinforces its commitment to being a world pioneer in sustainability by entering a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center). Launched in 2020 as an independent, not-for-profit organisation, the Center is undertaking intensive research and development to find practical ways to decarbonize the maritime industry through several global initiatives.  Reducing emissions&nbs...

From January 2022 onwards, Liebherr will be expanding its use of Neste MY Renewable Diesel™ to its plant in Kirchdorf where the company develops and manufactures annually approximately 2,500 machines, such as hydraulic excavators, material handling machines, and articulated trucks. Neste-produced renewable diesel will be used in the first fill and testing as well as in all plant traffic. Liebherr has already been powering its mobile and crawler cranes at its plant in Ehingen exclusively w...

SBM Offshore is pleased to announce that FPSO Liza Unity has produced its first oil as of February 11, 2022, and is formally on hire. The FPSO Liza Unity is the first unit with a design based on SBM Offshore’s industry-pioneering Fast4Ward® programme which incorporates the Company’s new build, multi-purpose floater hull combined with several standardised topside modules. Subsidiary of CNOOC Hess Guyana Exploration Ltd. holds a 30 percent interest and CNOOC Petroleum...

Håkan Agnevall, the Chief Executive Officer (CEO) at Wärtsilä (Wärtsilä Corporation), wants to position the marine and energy giant, as the natural partner for an industry and society, looking to translate climate ambition to reality. His vision is clear and he argues ahead of Nor-Shipping 2022, real change is already tantalisingly close at hand. It’s rare for someone to speak with such certainty in uncertain times. Clear path for Wärtsilä But, H&arin...

Matson announced that it will contribute NZD $375,000 in goods and services toward Tonga disaster relief and has scheduled a special voyage departing Auckland, New Zealand this week with relief goods donated by the company and destined for Tonga. Two additional extra-schedule relief voyages are planned for departure from Auckland during the next three weeks. On Friday, January 21, Matson delivered the first ocean shipment of goods to Tonga since the eruption of the Hunga-Tonga-Hunga-H...

Satcom Direct, the business aviation solutions provider, is celebrating the qualification of the Satcom Direct Plane Simple™ Antenna System on the Intelsat FlexExec network. Together, Intelsat’s high throughput satellite network, combined with the Plane Simple Ku-band tail-mounted antenna system, simplifies high-speed data access for more business aviation owners globally through ease of installation, flexible plans, and advanced antenna technology. The verification follows months o...

The European Parliament’s lead MEP on the EU ETS proposes amendments to the ETS for maritime that put the impact and efficiency of the EU Green Deal at risk, says World Shipping Council (WSC). The EU ETS intends to impose a technologically neutral greenhouse gas (GHG) price across all elements of industries like shipping, to incentivise the most cost-effective GHG emissions reductions and innovative solutions. Carbon pricing is a key part of driving the adoption of zero-GHG...

With the continued expansion of Stena Line’s operations in the Baltic Sea, on 19 January, 2022, the new ferry - Stena Baltica has made its maiden voyage on the Ventspils‒Nynäshamn route. Henceforth, it will share this route with Stena Scandica, replacing Stena Flavia, which will join Stena Livia on the Liepāja–Travemünde route. Stena Baltica Stena Baltica is identical to the Stena Scandica, which has operated between Ventspils and Nynäshamn since the summer of 2021....

ZIM Integrated Shipping Services (ZIM) has announced the signing of a new eight-year charter agreement with a shipping company that is affiliated with Kenon Holdings Ltd. According to the agreement, ZIM Integrated Shipping Services will charter three 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, in order to serve across ZIM’s various global-niche trades for total consideration of approximately US$ 400 million. Charter agreement to construct vessels The vessels will...

The government of Benin has awarded a contract to Norwegian technology company, Vissim to deliver a coastal monitoring system designed for improved environmental monitoring and safer passage along Benin’s coastline and ocean area. The ultimate objective is to increase international trade with Benin. The contract is funded by Export Finance Norway. Vissim secures contract from Benin government The contract was signed at a ceremony in Cotonou, Benin, by Minister of Defence, Fortunet Alain...

Almost two years on from the start of the COVID-19 pandemic, the world is still operating in testing times. Volatility and uncertainty continue to be seen across global networks, and the importance of the supply chain to the success of organisations has also increased, making operational resilience a vital need of the hour. In October 2020, A.P. Moller – Maersk (Maersk) had conducted a successful webinar that focused on the key steps for building supply chain resilience in the chemical in...

SBM Offshore is pleased to announce the proposed appointment of Øivind Tangen as Chief Operating Officer (COO) and member of its Management Board. Øivind Tangen (1973, Norwegian) has been working for the Company for 19 years and has a wealth of experience in engineering and operational roles, as well as in strategy and project execution. He is currently a Managing Director of the Company, responsible for SBM Offshore’s Lease and Operate segment, which includes the Company&rs...

To make sure the customers’ sustainability objectives are met, when transporting their products across the globe, A.P. Moller – Maersk has announced a more ambitious climate neutral target. The goal is to reach net zero greenhouse gas emissions, across the entire business, by 2040, one decade ahead of the initial 2050 ambition. Maersk's Net zero carbon targets Mads Stensen, the Senior Sustainability Advisor at Maersk, said “More than half of Maersk’s top 200 customers...

A.P. Moller - Maersk (Maersk) announces new aspiring emissions targets, expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5°C. They include a societal commitment to act now and drive material impact in this decade, and a commitment to deliver net zero supply chains to customers by 2040. The targets go beyond previous efforts to reduce emissions related to the ocean fleet, as they cover all direct and...

Participants from across the maritime value chain participated in the DNV Conference – The Fuel of the Future. Aimed at advancing the idea that collaboration is the key to success in decarbonising the maritime world, the event attracted more than 6500 registrants and brought together a comprehensive line-up of shipowners, energy majors, financers, and regulators who offered their unique insights on how shipping can be chart the optimal route ahead. Decarbonisation Decarbonisation is t...

Mediterranean Shipping Company’s (MSC) Chief Executive Officer (CEO), Soren Toft has highlighted the importance of working together, in order to achieve net decarbonisation goals, in a keynote digital speech delivered at DNV’s ‘Fuel of the Future Conference’, on January, 11, 2022, as part of the annual Nor-Shipping convention. In his speech, Soren Toft explained MSC’s views on the status of decarbonisation in the container shipping sector, summarised how the compan...

Fincantieri Bay Shipbuilding started construction on the largest LNG (liquefied natural gas) bunkering barge ever built in the United States. Bay Shipbuilding is expected to complete construction on the barge in late 2023 under contract with Crowley, the largest independent operator of tank vessels in the U.S. Crowley will operate the vessel under a long-term charter with Shell NA LNG, LLC (“Shell”). The 416-ft. vessel, which will have the capacity for 12,000 m3 (3.17 million ga...

Blue Water’s Energy and Projects Division has experienced positive and sustainable growth in recent years, both in terms of activity level and expansion of locations. To further strengthen its global position, Blue Water is opening two additional offices in the Middle East: Iraq and Saudi Arabia. This is to underline and strengthen the objective of servicing customers across the business with a regional and local presence. “We want to expand our global presence to serve current an...

Tufail Chemical Industries and Maersk Pakistan signed a partnership earlier this week wherein Maersk would provide ‘Maersk Flow’, a digital tool, to Tufail Chemical to streamline and manage their supply chains efficiently. The partnership marks a significant step towards modernising logistics and improving supply chain performance with less time and effort. Tufail Chemical Industries conducts business with tech and appliance industries and has been importing plastic raw material, in...

MetOcean Telematics (MetOcean), is pleased to announce that it has been awarded a five-year contract from the Canadian government to supply the Department of Defence (DND) and the Canadian Coast Guard (CCG) with its search and rescue (SAR) buoy, the Iridium Self Locating Datum Marker Buoy, iSLDMB. The MetOcean iSLDMB was developed 25+ years ago and has been providing Coast Guards and Defence agencies around the world with an easy-to-use and reliable buoy system that augments rescue efforts...

Evergreen Marine has worked with the Chang Yung-Fa Foundation to organise a number of charity activities in recent years, including One-Day Seafarer camps, an ocean painting contest, seafaring careers seminar, donations of books, and sponsorship of field trips. More recently, Evergreen Marine made a donation of 120 computers to Zhongxin, Meihua, and Waishe elementary schools in Taoyuan, and held a donation ceremony at the Chang Yung-Fa Foundation on November 9, 2021, to mark the occasion. Urba...

The fleet of containers of FESCO Transportation Group ('FESCO', the 'Group') for the first time exceeds 100 thousand TEU. As of December 21, 2021, there are 109 thousand TEU managed by FESCO. In total in 2021 the Group acquired 11 thousand containers or 21 thousand TEU, most of them were sent for loading to ports of China for their further shipment on FESCO foreign trade lines. The remaining containers continue to arrive from the factory located in the Chinese city of Dalian. In 2022 within...

Rolls-Royce is focusing on methanol as a fuel for climate-friendly shipping: Rolls-Royce business unit Power Systems is currently working on mtu engines for use with methanol. New four-stroke engines The new high-speed four-stroke engines, which are based on proven mtu technologies, are planned to be available to customers as soon as possible for use in commercial ships and yachts. Denise Kurtulus, the Vice President - Global Marine at Rolls-Royce Power Systems AG, said “With the new de...