Decarbonisation - News

Crowley has successfully managed the acquisition of the MV Honor, the first vessel acquisition under its contract, in order to help recapitalise a sealift fleet, with the U.S. Maritime Administration (MARAD). With the forthcoming acquisition of the MV Freedom, vehicle carriers are part of the multi-year vessel acquisition and management contract, designed to help recapitalise the U.S. Ready Reserve Force. The acquisitions will enhance the Ready Reserve Force, by increasing ship reliability an...

MAN Energy Solutions has signed a cooperation agreement with HSD Engine Co., Ltd., to deliver its EEXI (Energy Efficiency eXisting ship Index) solutions to MAN B&W-branded low-speed engines manufactured by HSD. These come either as a complete package with an assessment report, or just a standalone OPL (Overridable Power Limitation) solution depending on customer requirements. Effective immediately, the agreement is set to run for an initial period of two years.  Decarbonisation in the...

On March 9, 2022, at a digital ceremony, MAN Energy Solutions and classification society, DNV, signed a Memorandum of Understanding (MoU). Effective immediately, the Memorandum of Understanding is due to run for a period of three years. Under the terms of the memorandum, the two companies will – by June 30th, 2022 – detail action plans within the fields of decarbonisation, the hydrogen value-chain and digitalisation. MAN Energy Solutions – DNV sign MoU Dr. Uwe Lauber, the Ch...

The 12 talks take place in the Blue Economy Hall at Nor-Shipping’s Lillestrøm exhibition facilities, with hour-long sessions focusing on future strategies, solutions, and building partnerships capable of delivering sustainable ocean success. Nor-Shipping Director Sidsel Norvik says the programme offers ‘an unmissable opportunity’ to see ‘an industry A-list debating how to transform ocean ambition into reality.’ Nor-Shipping 2022 runs in Oslo and Lillestr&osl...

DHL Express and Neste have announced a significant step towards decarbonising aviation logistics by expanding their existing cooperation with a new strategic collaboration. In the next five years, Neste will supply DHL with approximately 320,000 tons (400 million liters) of Neste MY Sustainable Aviation FuelTM. The agreement is Neste’s largest for Sustainable Aviation Fuel (SAF) to date and one of the largest SAF agreements in the aviation industry. SAF availability  Nest...

The globally renowned technology company, Wärtsilä (Wärtsilä Corporation) has developed a dedicated fuel supply system for methanol, MethanolPac, as interest grows in the methanol pathway to decarbonisation. Combined with the recently introduced Wärtsilä 32 Methanol engine and the company’s well-proven retrofit and system integration capabilities, MethanolPac enables Wärtsilä to deliver methanol-capable fuel and power systems, across a wide range of...

MetOcean Telematics is pleased to announce that they will be exhibiting at Fish Canada Workboat Canada 2022 in Moncton, New Brunswick, Canada, from March 25-26, 2022. They are looking forward to connecting with partners and attendees in the industry, and showcasing their latest MetOcean systems and Iridium products. Attendees for the event can visit the MetOcean Telematics team at booth 639. Fish Canada Workboat Canada (FCWC) Fish Canada Workboat Canada (FCWC) is the country’s largest c...

Local New Zealand businesses are set to reap the benefits of a partnership between Babcock and the New Zealand Defence Force (NZDF) which will conduct maintenance and upgrade works on two decommissioned Royal New Zealand Navy (RNZN) Inshore Patrol Vessels before they are sold to the Republic of Ireland. Babcock and NZDF will regenerate and modify the ships – ex HMNZS Rotoiti and HMNZS Pukaki – to operational seaworthiness standards, supported by Babcock’s extensive supply chai...

Astrup Fearnley, DNV, and Microsoft are no strangers. Norwegian-based Astrup Fearnley and DNV are global companies with long traditions and well-established values in the maritime industry. The Veracity by DNV cloud platform is built on Microsoft’s cloud computing service Azure. In 2021, DNV received the Sustainability changemaker partner of the year award from Microsoft Norway, based on cases developed over the platform. Bonded by an ambition to help facilitate a more sustainable shippin...

The brand-new research project will be carried out by the Seafarers International Research Centre at Cardiff University and will focus on women working on cargo ships. It aims to explore their welfare needs and the extent to which these are currently met. “We recognise that seafaring is a male-dominated industry and that creates an assumption that the welfare needs of women seafarers may be similar to those of men. However, with this new research project, we want to explore that assumptio...

FESCO Transportation Group together with Rusfond Charity Fund is extending the program of assistance to critically ill children of Primorye for the year 2022. For these purposes, the Group will allocate 5 million rubles. The joint program was launched in January 2020 and operates in accordance with the principle of co-financing. FESCO and Rusfond together cover the costs of treating critically ill children living in the Primorsky Territory: the Group undertakes to collect 50% of the r...

James Fisher, a global provider of innovative marine solutions and specialised engineering services, has signed a charter agreement with Go Marine Group for the exclusive use of the multi-purpose service vessel, Go Electra, adding much needed security for customers, amid cost and supply chain crunches in the industry. The agreement will see the boat used, throughout the remainder of 2022, by James Fisher’s marine group brands, James Fisher Renewables (JF Renewables) and James Fisher Subte...

The fourth publication by Maritime UK’s Board of Trade sets out how the United Kingdom (UK) can deliver the trade benefits of the National Shipbuilding Strategy refresh. This paper puts forward the Board of Trade’s thoughts on: Global trends and the importance of the maritime industry to trade. UK strengths and opportunities within the maritime sector. How trade and investment solutions can address challenges in the global maritime sector. Board of Trade publication UK Secr...

The technology group, Wärtsilä (Wärtsilä Corporation) has secured a new agreement for its exhaust gas cleaning systems to be installed on two newbuild 218m roll-on/roll-off passenger vessels (RoPax) at Guangzhou Shipyard International (GSI) in China. V-SOx hybrid scrubber systems The contract, which was signed in February 2022, will see Wärtsilä fit and commission two 25-megawatt V-SOx hybrid scrubber systems, which can run in both open and closed loop configurati...

Crowley has joined forces with Insurtech MGA, Loadsure to help accelerate the development of proprietary smart technology serving the global cargo and freight insurance market by investing in the $11 million Series A funding round. Crowley’s involvement aligns with the company’s strategic growth strategy to innovate the value chain and create visibility and efficiency for partners and customers who are demanding more accessible and agile paths to reduce risk. Cargo insurance innova...

Nor-Shipping has seized on International Women’s Day to sign up to the new, 40 by 30 initiative from WISTA Norway. This focuses on increasing female participation in maritime, with a goal of boosting the number of women in leading industry management positions in Norway from today’s level of 15% to 40% by 2030. Nor-Shipping – WISTA partnership Nor-Shipping - Your Arena for Ocean Solutions, has partnered with WISTA for over a decade, highlighting campaigns and hosting the Wave...

During the spring of 2020, Blue Water and SpaceInvader entered a climate partnership, and the journey towards more sustainable road transport began. If possible, the aim was also to contribute to minimising the effect of other challenges such as shortage of capacity and drivers, as well as high freight rates. The two partners have now signed a three-year cooperative agreement. According to the two players, future solutions must be developed in solid climate partnerships where innovation and cou...

ZIM Integrated Shipping Services Ltd. announces the launch of ZIM Ecommerce Baltimore Express (ZXB), a new and speedy e-commerce service, in March 2022. ZXB will operate on the following route: Yantian – Cai Mep - Baltimore – New York – Boston – Yantian. The service will commence with a bi-weekly frequency and build up to weekly within a few months. The exact schedule and vessels lineup will be published in the coming days. Customer service offering ZXB will be operate...

Maritime UK is calling upon the sector to #BreaktheBias and commit to gender equality in 2022 and beyond. This year’s International Women’s Day (IWD) theme – ‘Gender equality today for a sustainable tomorrow’ recognises the contribution of women and girls around the world, who are leading the charge on climate change adaptation, mitigation, and response, to build a more sustainable future for all. Breaking the gender bias Maritime UK plans to spotlight all the wo...

Babcock International, the aerospace, defence, and security company, has been selected as the platform design provider and technology partner for Poland’s MIECZNIK (Swordfish) new frigate programme, and concluded a set of strategic cooperation agreements with the PGZ-MIECZNIK Consortium, which is responsible for delivery of the project from the Polish side. The Polish Armaments Agency selected Babcock’s Arrowhead 140 (AH140) from three different platform design proposals provided by...

Pacific International Lines (PIL) is pleased to announce the award of a contract to Jiangnan Shipyard (Group), for the construction of four 14,000 TEU container vessels. The vessels will be equipped with dual-fuel engines and auxiliaries that can run on both Liquefied Natural Gas (LNG) and low sulphur fuel oil. The four vessels will be delivered progressively from the second half of 2024 through to the first half of 2025. When delivered, the vessels will become the largest container vessels...

MetOcean is pleased to announce they will be exhibiting at Seafood Expo 2022 in Boston, Massachusetts, USA, from March 13-15, 2022. Serving as North America’s largest seafood trade exposition, Seafood Expo is the one-stop shop for everything seafood in this integral market. They are looking forward to connecting with partners and attendees in the industry and showcasing the latest MetOcean systems and Iridium products. Seafood Expo Seafood Expo North America and Seafood Processing North...

TGI Cargo, an expert in moving oversized, heavy, and valuable cargo within Australia and internationally has partnered with KeyOptions to deploy its SATiS asset tracking solution to track and monitor its high-value shipments.     Established in 2007, TGI Cargo is a privately owned Australian freight forwarder specialising in challenging logistics projects. The freight TGI Cargo moves for its clients is often valuable and, in some cases, irreplaceable. It is for this reason t...

Britain’s aluminum shipbuilder, The Wight Shipyard Co. has secured the new build of two passenger catamarans for operation on the ever-growing Thames commuting and sightseeing line for Uber Boat by Thames Clippers. Building on the shipyard’s proven technology and sustainability credentials and employing some of the highest-skilled personnel in modern shipbuilding based at the iconic Wight Shipyard in East Cowes, the new contract is a significant coup for both the business and the Is...

DNV has supported Hapag-Lloyd in obtaining financing for six of its highly efficient containership newbuildings according to the Green Loan Principles of the Loan Market Association (LMA). DNV has verified that the transactions fulfil the requirements of the programme. Sustainable fleets The decarbonisation of the world economy is the grand challenge of the coming decades. Shipping is no exception and pressure is escalating from regulators, financiers, customers, and the general public for shi...

Organisers note that “a hunger to meet up again” is driving interest, bookings and excitement for what is being seen as the first major, post-pandemic, international maritime and ocean industry event week. The last Nor-Shipping took place in summer 2019, attracting over 50,000 participants to Oslo and Lillestrøm, with exhibitors drawn from over 60 nations. With the recent removal of all coronavirus restrictions in Norway, in addition to freer international travel, organis...

Maersk appoints Aruna Hussain as Managing Director of Sealand – A Maersk Company, Europe & Med. effective 1 March 2022. Aruna started her career at Maersk in 2000 where she worked in Liner and Trade roles in Pakistan and the UK before moving to Damco in Pakistan. After several years with Maersk, Aruna left for Australia in 2010 and worked for a few years in the e-commerce and retail space as Supply Chain and Operations Director for Australia at the US-based e-tailer, Wayfair. In 2016...

The removal of all national coronavirus restrictions in Norway added to easier international travel, is set to deliver a long-awaited gathering point for top industry leaders at Nor-Shipping’s Ocean Leadership Conference on 4 April. The event, which kickstarts four days of networking, knowledge-sharing, and showcasing innovation at Nor-Shipping 2022, will bring together over 900 executives for the first major ‘post pandemic’ summit of C-level maritime heads. Organisers say tha...

Neste Corporation has signed definitive agreements for the establishment of a 50/50 joint venture with US-based Marathon Petroleum (Marathon). The joint venture will produce renewable diesel following a conversion project of Marathon's refinery in Martinez, California (the Martinez Renewable Fuels project). The closing of the joint venture is subject to customary closing conditions and regulatory approvals, including obtaining the necessary permits, which depend upon the certification of a fina...

After a rare dip in long-term contracted ocean freight rates in December and January, container shipping costs are rising once again, with a 3.9% increase in February. The development, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices, means rates have risen across 15 of the last 17 months. They currently stand 87.9% up year on year. Furthermore, ongoing congestion, high demand, and a new level of geopolitical angst are unlikely to reverse that trend any time soon. “I...