Maersk: Partnership on Low-Sulfur fuel In Singapore

Wednesday, April 13, 2011

Maersk Line welcomes the Maritime Singapore Green Initiative and actively supports a joint industry approach to cleaner fuels in Singapore.

Copenhagen, Singapore: April 13, 2011 - Today, Maersk Line announced its active participation in the Maritime Singapore Green Initiative by committing to switching to low-sulphur fuel in Singapore. The announced fuel switch backs up the Maritime and Port Authority of Singapore’s engagement with the shipping line community to reduce carbon and sulphur emissions in Singapore.

“We are pleased with the Singapore port authority’s initiative to promote sustainable shipping and to support the shipping lines that actively drive environmental performance” says Thomas Riber Knudsen, CEO, Maersk Line Asia Pacific.

Maersk Line signed the Maritime Singapore Green Pledge on April 12, 2011, stating its commitment to safeguard the Singaporean environment by driving towards cleaner and more fuel efficient shipping services.

“Singapore is at the forefront with sustainable economic development and a role model for a wide industry engagement driving tangible results in our sector. We have enjoyed being part of the process of establishing the Singapore Green Pledge, and we fully support Singapore’s environmental ambitions” says Anders Lund Kristensen, Head of Liner Operations, Maersk Line Asia Pacific.

Maersk Line’s goal is to drive its operations towards zero sulphur while cutting CO2 by at least 25% per container between 2007 and 2020. Since its first fuel switch in 2006 in California, Maersk Line has advocated for sulphur reductions beyond regulatory requirements, and for establishing a level playing field in partnership with ports, authorities, shipping lines and customers. 

“Maersk Line is supporting the Singapore initiative along with other leading shipping lines. We encourage more shipping lines to follow suit. Sulphur emissions represent a health concern which our industry must address actively” says Jacob Sterling, Head of Climate & Environment, Maersk Line, Copenhagen.

As part of the company’s global ‘Zero SOx’ programme, Maersk Line has committed itself to implementing at least ten fuel switch programs before 2015.

 

Source: Maersk Line


Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Marine Propulsion

MN100: Cummins Marine, Inc.

The Company: Cummins, Inc. is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems,

USS Freedom Suffers Casualty

The U.S. Navy's first littoral combat ship USS Freedom (LCS 1) experienced a casualty to one of its main propulsion diesel engines (MPDE) on July 11 reportedly

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Fuels & Lubes

MN100: Krill Systems, Inc.

The Company: Krill Systems Inc. was founded as a software development company focusing on accurate vessel fuel consumption measurement and efficient data transmission.

New Bunker Vessel for Maxum Petroleum

Maxum Petroleum's newest bunker vessel Global Provider is currently under construction at Jesse Co. in Tacoma, Wash. and is expected to enter service in January 2017.

Worldscale Flat Rates to Fall Again

The concept of Worldscale is not an easy principle to grasp, particularly for those outside the tanker industry, says Weekly Tanker Market Report by Gibson.   The

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0941 sec (11 req/sec)