Red Sea Conflict Brings Massive Carbon Emissions Increases
Conflict in the Red Sea has brought massive carbon emissions increases in ocean freight container shipping, according to data just released by Xeneta.The Xeneta and Marine Benchmark Carbon Emissions Index (CEI), which measures carbon emissions per ton of cargo transported across the worldâs top 13 trades, hit 107.4 points in Q1 2024 - the highest it has been since the index began in Q1 2018.For containers being shipped via ocean from the Far East to Mediterranean, the CEI reveals carbon emissions increased by 63% in Q1 2024 compared to Q4 2023.
ICS Publishes New Edition of Shipping and the Environment: A Guide to Environmental Compliance
International Chamber of Shipping (ICS) Publications has launched the fifth edition of Shipping and the Environment: A Guide to Environmental Compliance.This latest edition offers comprehensive updates and expanded insights into the intricate relationship between shipping operations and environmental protection.The fifth edition is a definitive guide, providing a holistic introduction to companies and crew members navigating this complex subject matter. Recognising the need for accessibilityâŠ
Subsea Vessel Market is Full Steam Ahead
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side, where everyone is trying to position themselves for the impeding market boom.Please note that vessel definitions and abbreviations in this part of our industry can varyâŠ
One-on-One: Rob Langford, VP, Global Offshore Wind, ABS
As the U.S. offshore wind industry endures a predictable number of stops and starts during its adolescence, common mantras are âlearn from the established European modelâ and âembrace technology transfer from the offshore oil and gas sector.â In Robert Langford, the American Bureau of Shipping has all of that and more bundled in one neat package.Rob Langford has worked in the offshore industry for more than three decades, âcutting his teethâ in a UK design firm working in the North Sea oil and gas platforms, the holy grail of rigorous conditions in offshore energy production.
Mercy Ships to Build Another Hospital Ship
The MSC Foundation, the MSC Group and Mercy Ships International have joined forces to build a new hospital ship.On 8 April, the chairman of MSC Group and MSC Foundation, Capt. Gianluigi Aponte, MSC Group President and Member of the MSC Foundation Board, Diego Aponte, and Mercy Ships Founder, Don Stephens, finalized an agreement to kickstart the new project with a generous anchor donation from MSC Foundation.The new purpose-built hospital ship will expand the impact of Mercy Shipsâ life-changing surgeriesâŠ
Navigation and Wind Farms: Competing Ocean Uses Raise Existential Questions
âWind Turbines: The Bigger, the Betterâ -USDOE Office of Energy Efficiency & Renewable Energy, August 24, 2023Last December the Bureau of Ocean Energy Management (BOEM) published a proposed sale notice regarding new development areas for utility scale wind projects in the central Atlantic Ocean. The notice includes an upfront issue: the need to mitigate conflicts with U.S. Department of Defense (DOD) activities. BOEM explains that in certain areas the Air Force has set an airspace floor of 1,000 feet above sea level and the Air Force asked BOEM to keep structures below that height.
Port of Detroit Unveils Plan to Decarbonize Operations
The Detroit/Wayne County Port Authority on Monday revealed details of a program to slash carbon emissions to net zero by 2040 in an effort to improve air quality and the health of residents.Working with technical experts from sustainability consultancy Tunley Environmental, and thanks to funding from the State of Michigan, it established that operations across the port region were responsible for 27,869 metric tons of carbon dioxide equivalent, and that urgent action was needed.âThe maritime industry is responsible for 3% of global emissions, and itâs growing.
Esgian Week 16 Report: Rigs on the Move
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar.TotalEnergies has exercised a three-well option for Transocean 12,000-ft drillship Deepwater Skyros offshore Angola at a rate of $400,000, keeping the rig working into December 2025.After initially beginning a short-term job in the US GOM in January 2024âŠ
New York Not Moving Forward With Three Offshore Wind Farms
New York State on Friday stalled three major offshore wind-energy projects after General Electric Vernova GE.N changed the turbine design, which the state said "materially altered" the plans.New York provisionally approved the projects in October 2023. They are Attentive Energy One being developed by TotalEnergies, Rise Light & Power and Corio Generation; Community Offshore Wind, which is backed by RWE and National Grid Ventures; and Vineyard Offshore's Excelsior Wind.But since thenâŠ
DNV Awards Certificates for Fortescueâs Dual-fueled Ammonia-powered Vessel
Classification society DNV presented Australian green technology, energy and metals company Fortescue with class and statutory certificates for its dual-fueled ammonia-powered vessel Green Pioneer. This marked the culmination of a project that began in 2021, when DNV was engaged by Fortescue to work on the feasibility study and 'Fuel ready (Ammonia)' notation for the vesselâs conversion. DNV's Technology Qualification process provided the framework for the qualification and assurance of the engine modifications, where industry rules were yet to be developed.
ONE Launches Green Shipping Solution ONE LEAF+
Ocean Network Express (ONE) has launched a reduced emissions shipping service ONE LEAF+ which offers customers the opportunity to proactively manage their own emissions and minimize environmental impact across the value chain.ONE LEAF+ offers:âą Reduced Carbon Footprint: ONE will deploy regulation-compliant alternative fuels on designated vessels, allowing customers to reduce Scope 3 GHG emissions on their shipments with ONE.âą Added Transparency: With ONE LEAF+, customers willâŠ
Meyer Turku Highlights Environmental Achievements
Meyer Turku has outlined some of the highlights of its environmental policy developments, noting that it has used only certified carbon neutral electricity since 2018. Starting from 2023, also all district heating used the shipyard has been carbon neutral.âWe are lucky to partner with Turku Energia who is able to supply up-to-date electricity and heating solutions. The impact we make together is big and encourages us further with our sustainability ambitions. This decision showcases our deep-rooted values and our forward-thinking approach and commitment to embracing cleaner energy solutions.
Hurtigruten Advances Initiative for Zero Edible Food Waste
Hurtigruten is working towards drastically reducing and recycling edible food waste from its fleet operations. A specially designed reactor at one of its ports converts edible food waste into compost used to grow vegetables for Hurtigruten.The initiative encompasses a comprehensive approach to waste management, starting with the sorting of edible food waste onboard Hurtigruten's Original Coastal Express ships during their year-round schedule along the coast of Norway, calling at 34 ports from Bergen in the south to Kirkenes in the north.
Maritime Risk Symposium 2024 â Great Power Competition and Gray Zone Engagement
For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security. World events highlight that maritime security is increasingly at risk during the current period of great-power competition and ongoing conflicts. The active competition between nations who are notâŠ
US Sanctions Impacting Sovcomflot's Ability to Trade, CEO of Russian Tanker Group Says
U.S. sanctions are limiting tanker activity for Russia's top shipping group, Sovcomflot, the company's head said on Tuesday, as Washington tightens the screws on Moscow.The U.S. imposed sanctions on Sovcomflot on Feb. 23 as Washington seeks to reduce Russia's revenues from oil sales that it can use to support its military actions in Ukraine.Sanctions have impacted the company's operations, "limiting our geography and commercial prospects", Sovcomflot CEO Igor Tonkovidov told reporters.He added that as sanctions are a relatively new instrument to the shipping marketâŠ
New Research Vessel Delivered to Thailandâs DMCR
Thailandâs Department of Marine and Coastal Resources (DMCR) has taken delivery of a new state-of-the-art research vessel. Designed by Incat Crowther and built by Thai shipbuilder Seacrest Marine, the 25-meter catamaran will be used by the DMCR to patrol Thailandâs coastal environments and monitor the nationâs fisheries and marine resources.Based the Incat Crowther 25 design, the vessel has a range of innovative features and equipment to help its crew monitor and protect sensitiveâŠ
New Agreement Targets Nordic Hydrogen Projects
Provaris Energy and Norwegian Hydrogen AS have announced a new agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.The projects will utilize locally available renewable energy to produce hydrogen for shipment to European ports. This will assist energy-intensive industries in making an impact on their decarbonization plans and target a scale and level ofâŠ
Iran Says MSC Aries Vessel Seized for 'Violating Maritime Laws'
A Portuguese-flagged container ship, the MSC Aries, was seized by Iran on April 13 for "violating maritime laws", Iran's foreign ministry said on Monday, adding that there was no doubt the vessel was linked to Israel.Iran's Revolutionary Guards seized the cargo vessel in the Strait of Hormuz days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus on April 1. Iran had said it could close the crucial shipping route."The vessel was divertedâŠ
Cruise Industry Reports Record Passenger Volumes
The global cruise industry reported record passenger volumes in 2023 as the sector continues its rebound following the lows of the COVID-19 pandemic.Cruise ships carried 31.7 million passengers in 2023, up 7% from previous highs recorded in 2019, according to latest figures published by the trade group Cruise Lines International Association (CLIA).Most increases were in the United Statesâwhich remains, by far, the world's largest cruise marketâwith an incremental increase of 2.7 million passengersâŠ
Due Diligence Needed for Maritime Tech Adoption to Minimize Risk with Digital Transformation, Says OrbitMI
Rapid technological change, complex regulation and competitive pressures are driving digital transformation in the shipping industry. But navigating a confusing software landscape can be difficult, and sound decision-making is essential to minimize innovation risk, according to OrbitMI.Industry spending has soared in recent years on intelligent process automation solutions geared to boosting efficiency, reducing costs, curbing emissions and improving safety for shipping companiesâŠ
Ukrainian Seafarers Experiencing Increased Levels of Depression and Anxiety
Ukrainian seafarers are experiencing increased levels of loneliness and depression amid fears of conscription if they return home as the war enters its third year, seafarer charity Stella Maris warns.Stella Maris regional port chaplains for Southampton and Southern ports, Charles Stuart and Gregory Hogan, who make multiple daily ship visits report Ukrainian seafarers are under increasing strain.âThe initial stresses have been replaced by something else,â Hogan says. âAt firstâŠ
Stabenow Honored for Support of Great Lakes Shipping
The Great Lakes Maritime Task Force (GLMTF) honored Michigan Senator Debbie Stabenow in recognition of the significant contributions made throughout her Congressional career protecting the Great Navigation System and supporting American jobs with investment in U.S.-flagged Great Lakes shipping.Senator Stabenow, who co-chairs the bipartisan Senate Great Lakes Task Force, has been the driving force behind the protection of the U.S.' largest freshwater resource and the maritime highway that supports U.S.
Cosco Shipping Sees Quick Resolution to Peru Port Question
China's Cosco Shipping confirmed that investment in Peru's Chancay port continues and that it expects a quick resolution to a pending question over exclusivity rights to the facility, a local executive told reporters on Tuesday.Carlos Tejada, the company's general manager in Peru, made the announcement at an international trade event in the capital Lima.Last month, the Asian shipping firm said it was evaluating the impact of a move by Peru's government to annul the exclusivity it holds over operations at the under-construction megaport, seen as a key driver of growth for the South American cou