Economou Backs $300m Green Recycling Initiative
George Economou and broking house Banchero and Costa Spa have both invested in the Green Recycling Initiative launched two weeks ago. The $300m GRI aims to integrate the needs of steel producers to be able to produce ethically sourced steel from traceable scrap and the needs of shipowners to recycle ships in a more environmentally friendly manner. The launch investors were Italy-based Siba Ships and Netherlands-based Seaarland Shipping Management. The Green Recycling Initiative (GRI) is building a fund to buy around 120 obsolete ships during 2009/10. Investors will be drawn from both the shipping and steelmaking industries. It will begin recycling these at established environmentally friendly ship recycling yards run by the International Ship Recycling Association while it builds its own recycling facility. Both Cardiff Marine and DryShips are global shipping transportation companies specializing in the management and transportation of various commodities in both the drybulk and the energy sector. The fleet managed by Cardiff Marine is in excess of 10 million deadweight tons. Banchero and Costa Spa is one of the world's leading maritime broking houses and shipping services groups. It has offices in Genoa, Monte Carlo, London, Geneva, Moscow, Hong Kong and Beijing. The Green Recycling Initiative is a Singapore-based company specifically formed to buy and recycle ships and to trade steel scrap on a global basis
Swedish Shipping Joins Fossil Free Initiative
The Swedish Shipowners Association has expressed its disappointment that shipping was not included in the new climate agreement that was struck in Paris by countries represented at the United Nations Framework Convention on Climate Change. They believe that delegates in Paris failed to seize the moment to make a direct statement to the shipping industry about its commitments, and that more needs to be done to tackle the climate challenge.
CSI Achieves Major Milestone: 20 Ports In
U.S. Customs and Border Protection (CBP) Commissioner Robert C. Bonner and Vassilios Manolopoulos, Director General, of the Greek Directorate General of Customs and Excise announced that CBP officers have been deployed to the port of Piraeus as part of the Container Security Initiative (CSI) and that CSI has become operational there. As part of the CSI program, CBP officers are working with host government personnel as part of CSI
One Voice: CESA & EMEC Unite
One voice for the European Shipbuilding and Maritime Engineering and Manufacturing Industry. The European shipbuilders and the maritime engineering and manufacturing companies share common interests, concerns and policy objectives. They serve global, highly competitive markets with the highest technology requirements. Under the given conditions, European enterprises succeed based on know-how, innovation, productivity, quality, service and full customer satisfaction
Bourbon Strives for Fuel Consumption Savings
Optimizing the crewboat's fuel consumption - BOURBON promotes best practices and organizes a competition. With over 3 million people carried in 2011, the transport of personnel is at the forefront of BOURBON’s activities. Following directly on from the initiative launched in Gabon in 2010, from February 1 to May 1, 2012, BOURBON organized a competition for Surfers in Congo, aimed at cutting the hourly fuel consumption of personnel transport vessels operating out of the country.
Drydocks World & DMC to build 1st LNG-powered tug
Drydocks World and Dubai Maritime City (DMC), the leading provider of services to the shipping, maritime, oil, gas & energy sector is supporting the "Green Economy for Sustainable Development" initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE and Ruler of Dubai. As part of this initiative, the company has entered into Memoranda of Understanding with Wartsila and Dubai Carbon Centre of Excellence for building the
National Initiative Launched by Maritime Industry Leaders
The high cost of recruiting, hiring and training the thousands of skilled shipbuilding and repair professionals needed across the country each year, coupled with the need to increase productivity has left executives in the industry searching for answers. In response to this need, industry leaders recently launched a national initiative called the Lighthouse Campaign. On December 6-7, 2011, the leadership team of the Lighthouse Campaign sent representatives to a meeting at
Sustainable Shipping Initiative Launched in Singapore
Focus on sustainable shipping at Singapore event – Wärtsilä participates The Sustainable Shipping Initiative (SSI) launched in Singapore recently is a series of practical, collaborative action plans aimed at developing a sustainable shipping industry for the future. Wärtsilä and other members have committed to deliver first results before the end of 2013. Presented as part of Singapore Maritime Week
First LNG Fuelled Tug for Middle East by Wärtsilä
Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas. The order was signed in November. The 29-meter-long tug is the first of a series of nine such vessels to be built and operated by DDW
Volvo Penta’s Kull a Top Woman in Manufacturing
The Manufacturing Institute to honor Volvo Penta’s Marcia Kull with STEP Ahead Award on April 21; award honors top women leaders in the manufacturing industry Marcia Kull, vice president of marine sales for Volvo Penta of the Americas, has been selected by the Manufacturing Institute as one of the top women in U.S. manufacturing for 2016. Kull and the other honorees will be recognized at the fourth annual Women in Manufacturing STEP (Science, Technology
EU Leads the Way with Ambitious Action for Cleaner and Safer Seas
At the ongoing EU-hosted Our Ocean conference in Malta (5-6 October), the European Union has committed to 36 tangible actions to foster healthier, cleaner, safer and more secure seas. Amounting to over €550 million and involving activities worldwide, the announcements underline the EU's determination to improve the situation of the seas and send a positive signal of encouragement to the rest of the world – governments and private sector alike - to step up and
DMCA Briefs ‘Sea Dubai’ Initiative
Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) praised the ‘Sea Dubai’ initiative launched by the Dubai Maritime City Authority (DMCA). He described the initiative as instrumental to leveraging the cooperation between key stakeholders in the maritime business in public and private sectors towards boosting the competitiveness of Dubai as a prominent global maritime leisure destination
Antwerp to Implement “Zero Pellet Loss”
Unique collaboration between industry, logistics and transport to keep plastic out of the environment. Plastics are found everywhere in modern life. The raw materials of which plastic products are made are polymers, usually delivered in the form of small pellets. Antwerp is the main polymer hub in Europe for production, handling and distribution of plastic pellets. Every year, millions of pellets find their way via Antwerp to other hubs in Europe
CMA CGM Launches Mtwara Express Service
CMA CGM Group has announced the launch of Mtwara Express in complement to the 6 current direct East Africa services. "Striving to serve the upcoming cashew season in Tanzania and rising demand for high quality and reliable service, we are pleased to announce the launch of Mtwara Express," said a statement from CMA CGM. The salient points of the new Mtwara Express service: Service fully operated by CMA CGM Group
Bangladesh Navy Chief Visits India
Admiral Nizamuddin Ahmed, Chief of Naval Staff of the Bangladesh Navy is on an official visit to India from 28 to 30 August 2017. The visit is aimed at consolidating bilateral naval relations between India and Bangladesh and to explore new avenues for Naval Cooperation. The Chief of Naval Staff, Bangladesh Navy will hold bilateral discussions with Admiral Sunil Lanba, Chairman Chiefs of Staff Committee and Chief of the Naval Staff and other senior officials of the Indian Navy on
Rotterdam Port to Focus on Sustainability
The Port of Rotterdam Authority recently launched a new campaign: ‘Building a Sustainable Port’. “Sustainability involves more than just the environment. We have committed to a large number of initiatives and we will gladly present them,” says Port Authority CEO Allard Castelein. The Port Authority works hard to ensure that Rotterdam’s port and the surrounding area are safe, healthy and attractive.
New Container Scanner System for Colombo Port
A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60, state of the art scanning units with complete turnkey solution would be installed by the Rapiscan Systems (Pvt) Ltd, an American based leading global supplier of security inspection.
Project to Eliminate Emissions at Norway Ports
Shore power and charging infrastructure could reduce CO2 emissions by as much as 12.5 million tonnes at ports in Norway every year – this is one of the main conclusions of a report compiled by a pool of experts from ABB, DNV GL, the Port of Oslo, and Cavotec, working under the auspices of ReCharge, an initiative that seeks to pave the way for zero emission ports in the Scandinavian country. The ReCharge project has assessed where emissions in Norwegian ports are generated
Pacific Protection Paramount in Counter Proliferation
The Australian Government is joining forces with countries from around the world to conduct Exercise PACIFIC PROTECTOR, as part of an ongoing major international commitment to prevent the proliferation of weapons of mass destruction, their delivery systems and related materials. The exercise will be held in Cairns, Queensland from 6–9 September 2017 as part of the Proliferation Security Initiative, which is an effort by 105 partner countries to build networks
JNPCT Wins “Container Terminal of the Year” Award, 2017
Jawaharlal Nehru Port Container Terminal (JNPCT) was awarded “Container Terminal of the Year” Award for the above 0.6 million TEUs category at The Gateway Awards 2017 held at Mumbai. The Jawaharlal Nehru Port owned JNPCT won the award for its proactive strategies to ease congestion, smooth delivery of containers and revamping of infrastructure to support trade amidst adverse conditions.
Uotinen Joins Robert Allan Ltd.
Sami Uotinen will join naval architecture firm Robert Allan Ltd. on October 1, responsible for European Business Development initiatives, operating from Turku, Finland. Uotinen, a graduate naval architect, joins Robert Allan Ltd. from Rolls Royce, where he has worked since 2000, most recently as North American Sales Manager for Z-Drive propulsion. He has also held positions at Aquamaster, Kamewa and Kvaerner Masa Yards.
Rolls-Royce, Inmarsat Sign Ink Energy Management Deal
Rolls-Royce and Inmarsat have signed a Letter of Intent (LOI) to have the option to make the company’s Energy Management system available via Inmarsat Maritime’s Fleet Xpress high-speed broadband service. With data collected from a multitude of ship control systems and equipment sensors, Energy Management 2.0 reduces energy consumption and supports environmental compliance as well as allowing for the benchmarking of efficiency against historical performance.
Bureau Veritas Joins Global Industry Alliance
At a ceremony in Singapore Bureau Veritas formally joined the Global Industry Alliance (GIA). Philippe Donche-Gay, President Marine & Offshore, Bureau Veritas said that he was delighted BV was able to provide support to the GIA: ‘Whether it’s a better understanding of hull structures, digitalization, gas fueled and hybrid systems or the many other areas of research and development that are leading to practical solutions, our Marine & Offshore Division - and the 70
MPA, ReCAAP Join in Combating Piracy
The Ministry of Foreign Affairs of Japan (MOFA Japan) and the Maritime and Port Authority of Singapore (MPA), in cooperation with the ReCAAP Information Sharing Centre (ReCAAP ISC), jointly launched the inaugural Capacity Building Executive Programme on combating piracy and armed robbery against ships in Asia in Singapore. The Capacity Building Executive Programme—targeted at senior-level personnel with 10 to 15 years of experience and above in maritime
Norway: Fish Vessels Go Electric
The Norwegian aquaculture and fishing industry has joined the green shipping wave with a number of pioneering electric fleet initiatives. In 2015, the Norwegian maritime industry launched the DNV GL-led public private initiative, the Green Coastal Shipping Program. The idea was to encourage research and development of green technology concepts in the country’s shipping sector. Together with 25 partners from the Norwegian maritime industry and authorities