ClassNK Updates Its GHG Emissions Management Tool
ClassNK has released new features for its GHG Emissions Management Tool, "ClassNK ZETA (Zero Emission Transition Accelerator)".ClassNK ZETA is a tool for visualizing GHG emissions and CII ratings of ships and is used for more than 5,000 ships. Based on data submitted to "ClassNK MRV Portal", a system for fuel consumption reporting in compliance with regulations such as IMO-DCS and EU-MRV, ClassNK ZETA provides current status and simulation for reducing GHG emissions from ships and supports response to various emission reduction requirements.
ClassNK Releases GHG Emissions Management Tool
ClassNK released "ClassNK ZETA (Zero Emission Transition Accelerator)", a GHG emissions management tool to track accurate CO2 emissions and confirm and simulate CII ratings.While the shift toward a zero-emission society has accelerated around the world, the time has come for the maritime industry to systematically plan, manage, and report the GHG emissions from shipping.ClassNK has provided "ClassNK Zero Emission Transition Support Services" to support customers involved in the…
Frequent Hurricane Shutdowns Weigh on US Energy Results
As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year's repeated oil and gas production halts were already hitting energy firms' results.Eight named storms entered the U.S. Gulf of Mexico this year, most spiraling up to damaging storms that required offshore facility evacuations or temporary well shutdowns."It has been a difficult and challenging year because of the number of storms," said Erik Milito, president of trade group National Ocean Industries Association. U.S.
Star Bulk Takes Delivery and Expands Vessels
The M/V "Star Beta" a Capesize vessel of 174,691 dwt built in 1993. Star Beta has been committed to a two-year Time Charter at a gross daily rate of USD 106,500. The "Star Zeta" a Supramax vessel of 52,994 dwt built in 2003. Star Zeta is currently under a pre-existing time charter employment contract at a gross daily rate of USD 30,500 until the end of March 2008; thereafter, the vessel will enter into a five-year Time Charter until March 2013 at a gross daily rate of USD 39,500. The M/V "Star Delta", a Supramax vessel of 52,434 dwt built in 2000. Star Delta is currently under a pre-existing time charter employment at a gross daily rate of USD 25,800 until early May 2009.
Star Bulk Announces Charter Agreement
Star Bulk Carriers Corp. announced that the vessel I Duckling (to be renamed Star Zeta) has been committed to a five-year time charter agreement at a gross daily rate of USD 39,500. The charter will commence in March 2008 when the current one-year time charter at a gross daily rate of $30,500 expires. Star Zeta is a 2003-built Supramax vessel of 52,994 dwt.
BIMCO Signs Anti-Drug Smuggling Agreement with Cyprus
On 23 September, BIMCO established its fifteenth anti-drug smuggling agreement when the latest Memorandum of Understanding (MOU) was signed in Nicosia between BIMCO and the Cypriot Department of Customs & Excise. With the increasing frequency in the movement of illicit drugs to North America and Europe, combined with the increased attention given to maritime security since the tragic events of 9/11, the importance of such agreements with customs authorities becomes ever more essential for shipowners and customs administrations alike. "These agreements represent a commitment from both sides to cooperate in the battle against drug smugglers" said Ove Tvedt, Deputy Secretary General of BIMCO.
