IMO Calls for Green Shipping at Davos
International Maritime Organization (IMO) Secretary-General Kitack Lim is calling for renewed cooperation from all stakeholders to tackle the urgent issues of air pollution and greenhouse gas emissions from shipping at the World Economic Forum in Davos.Lim said: "When temperature records are routinely broken, icecaps are melting and some parts of the world are flooding while others are burning, there can be little doubt that addressing climate change must be humankind's major priority." IMO's strategy is to reduce sector-wide emissions by at least 50% by 2050.
Ørsted Tops World's Sustainable Companies
The global leader in offshore wind Ørsted becomes the first-ever energy company to top a index.The Denmark-based global power company has outperformed more than 7,300 global companies with billion-dollar revenues to rank #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world.Henrik Poulsen, CEO of Ørsted, said: "We're immensely proud to rank as the world's most sustainable company. From our origins as a traditional fossil fuel-based energy company, we've transformed into one of the largest renewable energy companies in the world.
IMO's 2050 Decarbonization Target Has $1 Trillion Pricetag
At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050, a study published on Monday showed.The global shipping fleet, which accounts for 2.2% of the world's CO2 emissions, is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea.U.N. shipping agency, the International Maritime Organization (IMO), aims to reduce the industry's greenhouse gas emissions by 50% from 2008 levels by 2050…
Partners Developing Ammonia-fueled Tanker
Maritime industry partners striving to advance shipping's decarbonization efforts are working to develop an ammonia-fueled tanker, classification society Lloyd's Register (LR) announced.The joint development project (JDP) involving LR and shipping line MISC Berhad, builder Samsung Heavy Industries (SHI) and engine maker MAN Energy Solutions aims to develop commercially viable deep-sea zero-emissions vessels (ZEVs) that would be operational by 2030, ahead of the International Maritime Organization’s 2050 greenhouse gas (GHG) emissions target.Nick Brown…
Eagle Bulk Joins Decarbonization Coalition
The US-based dry bulk carrier Eagle Bulk Shipping has joined industry group the Getting to Zero Coalition.The group is an alliance of over 90 companies within the maritime, energy, infrastructure, and finance sectors which are committed to the decarbonization of deep-sea shipping, in line with the International Maritime Organization's greenhouse gas emissions reduction strategy and the UNFCC Paris Agreement.Gary Vogel, Eagle Bulk’s CEO, said, “We are constantly working on improving energy and operational efficiencies at Eagle…
SGRE Wins 2.6GW Offshore Turbine Deal in US
Siemens Gamesa Renewable Energy (SGRE), the world’s largest supplier of offshore wind turbines, won the order for Dominion Energy’s 2,640-megawatt project off the coast of Virginia, U.S.A.According to a press release from the Spanish-based engineering company company, this is the largest offshore wind power project in the rapidly increasing U.S. market to date.A long-term service and maintenance agreement is included for the site located off the coast of Virginia. The agreement…
Norwegian PM Opens Johan Sverdrup Field
Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year, production has increased to a level well above 300,000 barrels per day.Johan Sverdrup is expected to yield a total production revenue exceeding NOK 1 400 billion and more than NOK 900 billion…
Green Gothenburg Gateway Readies
APM Terminals Gothenburg will switch entirely to renewable energy with their Green Gothenburg Gateway concept during 2020.A year ago, APM Terminals Gothenburg introduced the Gothenburg Gateway to accelerate the development of Sweden’s goods transports, having identified the need for Sweden to keep pace as global goods transports grow in scale and become more efficient. APM Terminals Gothenburg is now taking the next steps towards becoming a more efficient gateway by introducing Green Gothenburg Gateway on December 6th at a launch event in front of key stakeholders.
UK Affirms 40 GW Offshore Wind Goal
The British Queen, in her speech to both houses of United Kingdom (UK) parliament, revealed that the UK’s target for installed offshore wind energy has been raised to 40 GW by 2030, and that the UK government will support the development of floating wind turbines.The announcement follows a pledge by UK Prime Minister Boris Johnson in his pre-election campaign to boost offshore wind ambitions from the previously set target of 30 GW by 2030 in an effort to reduce greenhouse gas emissions to zero by 2050.This commitment…
$5B Fund Proposed for Emissions R&D
Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets on cutting emissions.The global shipping fleet, which accounts for 2.2% of the world's CO2 emissions, is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea.International shipping associations called on Wednesday for a mandatory contribution of $2 per tonne on fuel used by ships to raise money for a research fund to help develop cleaner technology for the industry.U.N.
Ship Industry Proposes $5B R&D Fund to Cut Emission
Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets on cutting emissions."The global maritime transport industry has submitted a proposal to form the world’s first collaborative shipping R&D program to help eliminate CO2 emissions from international shipping," said a press note from International Chamber of Shipping (ICS).The proposal include a new non-governmental Research & Development organisation to pave the way for decarbonization of shipping.
Carnival Joins the Getting to Zero Coalition
Carnival Corporation has announced it has joined the Getting to Zero Coalition.Carnival Corporation is the first cruise company to join the global alliance.The coalition’s goal aligns with the International Maritime Organization’s (IMO) strategy to reduce greenhouse gas emissions from shipping by at least 50% by 2050 as compared to 2008 emissions. To meet the target, the Getting to Zero Coalition aspires to having technically feasible, commercially viable zero emission deep sea vessels (ZEVs) entering the global shipping fleet as early as 2030.
L&B Long-Term Fleet Contract With Marlink
Leonhardt & Blumberg (L&B), Germany’s largest independent charter owner of 15,000-35,000 DWT container ships and ship management company, has renewed its long-standing partnership with Marlink for the provision of quality global VSAT connectivity."Marlink’s managed connectivity service excellence and digital solutions are recognized as a strong foundation for the ship management company L&B’s on-going fleet digitization, which will deliver more efficient and greener maritime operations…
Gothenburg Port to be Fossil Free in 2020
Swedish container facility Port of Gothenburg is aiming to be a fossil free terminal by 2020, said its owner-operator Danish-owned APM Terminals.APM Terminals Gothenburg launched environmental strategy “Green Gothenburg Gateway” which sees its terminal in the port aiming to become fossil-fuel free next year.Gothenburg Gateway is to accelerate the development of Sweden’s goods transports, having identified the need for Sweden to keep pace as global goods transports grow in scale…
Partnership Envisions Ammonia-Fueled Feeder Ship
ABS joined forces with MAN Energy Solutions (MAN) and the Shanghai Merchant Ship Design & Research Institute (SDARI) to develop an ammonia-fueled feeder vessel.The joint development project aims to produce designs for an ammonia-fueled Chittagongmax container carrier of 2700 TEU capacity.“Ammonia is an energy source with significant potential to help the industry meet IMO 2030 and 2050 emission targets but will require stringent new safety standards to be developed in order to support its adoption,” said Dr.
Gasum Makes its 1st Cruise Ship STS LNG Bunkering
The Nordic energy company Gasum said that its liquefied natural gas (LNG) bunker vessel Coralius conducted first ever ship-to-ship (STS) bunkering to a cruise ship - Carnival Corporation's cruise vessel Costa Smeralda.During the bunkering operation, LNG was supplied to the newbuild Costa Smeralda at the Meyer Turku shipyard. Costa Smeralda is the first cruise ship in a series of newbuilds at Meyer Turku that will be fitted with LNG propulsion.LNG is the cleanest available marine fuel…
MIT to Design Ship for Oldendorff
Dry bulk carrier owner and operator Oldendorff Carriers has signed a research agreement with the Massachusetts Institute of Technology's (MIT) Center for Bits and Atoms (CBA) to make its vessels more green and economical.Oldendorff, together with CBA and its campus collaborators including MIT's Sea Grant Program, will investigate disruptive improvements in ship design and propulsion to achieve the IMO 2030/50 requirements.The initial emphasis will be directed at improving hydrodynamic efficiency, which builds on work CBA has been doing with the aerospace and automotive industries.
Norway Supports GreenVoyage-2050 Project
Partnerships and innovations are essential to combat climate change through reductions in GHG emissions. Norway has provided an additional NOK 40,000,000 (US$4.3. million) to the International Maritime Organization (IMO)-Norway GreenVoyage-2050 project, which will support GHG reductions in line with the IMO initial strategy for reducing greenhouse gas emissions from shipping.This supports UN SDG 13 on climate action. The project aims to assist countries to implement legal, policy and institutional reforms…
Containership to Convert to Synthetic Fuel
ROTTERDAM – Today in Rotterdam Wessels Marine and MAN Energy Systems announced an innovative project to convert the containership Wes Amelie to run on Synthetic Natural Gas (SNG).While SNG today is far to sparse and expensive to make it a near term commercial reality, this step forward is significant in that a ship outfitted with an MAN propulsion unit to run on LNG would need no modification to have it run on SNG, effectively making it ‘future proof’ while helping to dispel the…
CSA 2020 Applauds DFDS on EGCS Drive
The international organization to promote Exhaust Gas Cleaning Systems (EGCS), Clean Shipping Alliance (CSA) 2020 has congratulated Danish ferry operator DFDS A/S for ten years of successful scrubber operation, with EGCS onboard the 37,939gt roro Ficaria Seaways achieving more than 50, 000 running hours since 2009.Ficaria Seaways, one of the first ro-ro vessels to be fitted with an Alfa Laval PureSOx system, operates inside the stringent European Sulfur Emission Control Area (SECA)…
Shipping Executives Push 'Carbon Levies'
Executives at some of the world's top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions while providing a means to fund development of cleaner fuel sources."To meet international shipping's decarbonization challenge, the maritime industry needs a carbon levy, it is coming, and we should shape it," said Andreas Sohmen-Pao, chairman of BW Group at the Global Maritime Forum in Singapore this week.The…
The Quest to Develop IMO 2020 'bio' Fuels
Top shipping, retail and transport companies are looking to develop an alternative marine fuel which aims to reduce carbon emissions from ships, in another step to push the sector to go green.International shipping accounts for 2.2% of global carbon dioxide emissions, according to the International Maritime Organization (IMO), more than aviation's 2% share.The IMO, a United Nations agency, has said it aims to halve greenhouse gas emissions from 2008 levels by 2050.Investor and activist pressure is prompting companies to look to speed up reducing the industry's carbon footprint.Denmark's A.P.
Nike Takes Arctic Shipping Pledge
Nike and Ocean Conservancy are encouraging businesses to avoid shipping routes via the Arctic Ocean, with the launch of an ‘Arctic Shipping Corporate Pledge.'As climate change causes Arctic sea ice to diminish, cargo traffic through previously unnavigable ocean routes becomes increasingly feasible. Though these routes can offer decreased transit times, the possibility of increased vessel traffic across the Arctic poses great risk and potentially devastating environmental impacts for one of the world’s most fragile regions.“At Nike, we exist to serve athletes.