Emissions - News

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...

Maritime UK, the umbrella body for the maritime sector, is launching the first national Pride in Maritime Day. Pride in Maritime Day is an initiative driven by the Pride in Maritime Network, a network established within Maritime UK’s Diversity in Maritime programme. Its remit has been to identify barriers faced by the LGBT+ maritime community, to educate and enable colleagues to empower and support them, and to share good practice policies and toolkits that support the LGBT+ colleagues ac...

Motor ships of FESCO Transportation Group, FESCO Magadan, and FESCO Moneron continue their operation within the framework of marine coastal service FESCO Magadan Line connecting Vladivostok and port Vostochny with Magadan. FESCO Magadan loaded with containers and general cargo is currently en route to port Magadan. The estimated date of arrival is February 28. In its turn, FESCO Moneron is moving in the opposite direction, heading from Magadan to port Vostochny. The estimated date of arrival is...

Despite the scheduled unveiling of the winner of the 2022 Next Generation Ship Award being postponed by the Omicron surge, the winner from the four shortlisted candidates revealed last year will be presented with the prize on 4 April this year. Details of the four shortlisted candidates have already been publicly revealed but the other candidates were all worthy competitors and deserving of greater mention. Every one of the entrants was chosen by at least one of the judges in their selections a...

SBM Offshore’s Environmental, Social, and Governance (ESG) approach illustrates how SBM pursues a vision of safe, sustainable & affordable energy for generations to come.  Sustainability The Company takes pride in its continuous improvement approach and applies knowledge gained from its performance in future target setting. This has also led to positive and improved ratings in sustainability benchmarks. Three world-class ESG-rating agencies- S&P Global, Sustainalytics, and...

FESCO Transportation Group (“FESCO”, the “Group”) informs that vessels - FESCO Magadan and FESCO Moneron were on the sanctions list of Treasury Department of the US solely, due to the specifics of financing and the status of lessor: both vessels are on the balance sheet of PSB Leasing LLC that was initially under US sanctions. Thus, sanctions of Treasury Department of the US do not apply to any FESCO company and inclusion in the sanctions list of two vessels leased from...

A Nigerian flagged Motor Vessel, MV VIGEO ADEBOLA which was reported to be distressed midstream Federal Ocean Terminal ONNE due to operational error has been moved to a better location clear away from the FOT Onne Channel. MV Vigeo Adebola had a port list on 10th February, 2022 due to the fact that it received potable freshwater from a barge and it received all in the port freshwater tank. Negative metacentric height The vessel owners were able to correct the list on the 13th February, 2022 b...

ABB and Ballard are progressing with their partnership to decarbonise marine transport and have received an AiP from DNV for their high-power fuel cell concept, the development of which was launched in 2018. An AiP is a major milestone in developing new technology as an independent assessment of the concept, confirming that the design is feasible and no significant obstacles exist to prevent the concept from being realised. With the AiP in place, the jointly developed solution can be completed...

Swiss-based marine engine technology developer, WinGD - Winterthur Gas & Diesel Ltd has expanded its global training network, through a partnership with DCS POWER PTE LTD in Singapore, to deliver state-of-the-art training for optimising engine performance and preparing crews for the fuels of the future. The new training partnership, which was commemorated on the 22nd of February, will combine the skills and expertise of WinGD with those of machinery specialist DCS, further enhancing the glo...

Thales will be present at MWC Barcelona 2022 to showcase its key solutions that support the mobile industry’s digital transformation. 5G will count for 21% of mobile connections by 2025. This brings a huge opportunity for mobile operators, but also comes with new vulnerabilities and data privacy challenges.  Thales is helping actors and major players in the mobile industry in three key ways - To connect and manage devices on 5G networks, protect those devices and the data they handle...

Right at the start of the year, MSC successfully orchestrated a number of complex shipping and inland moves to help healthcare organisations in the US receive critically needed medical equipment in record times from Japan. This shipment — containing more than 14 million blood collection devices travelling between two continents and across three countries — had to be safely delivered in record times because the devices are considered critical to healthcare in the US. Nearly all peopl...

As the countdown begins for the seventh edition of the Doha International Maritime Defence Exhibition and Conference (DIMDEX), the Organising Committee provided an update on the preparations and an overview of the event, at a diplomat briefing session, at Sharq Village and Spa, on February 21, 2022. One of the most awaited events on the international maritime defence and security calendar, DIMDEX 2022 is shaping up to be the biggest and most diverse edition ever, with more than 200 companies fr...

St. Petersburg, fully operational as of this week, the new AE66 service links Korea, Japan, and China to the Kaliningrad Region in Russia, the Baltic countries, and Poland through Trans-Siberian. The new Sea-Rail-Sea service runs west-bound fortnightly departing from the seaport of Vostochniy in Russia Far East (at the Pacific to Kaliningrad on the Baltic sea, with robust outlooks for further expansion. Current logistics woes Transit times of the new regular service are significantly reduced...

Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. (MHI-MME), a Mitsubishi Heavy Industries (MHI) Group company based in Nagasaki, has concluded a licensing agreement giving Mitsui E&S Machinery Co., Ltd., a Mitsui E&S Holdings Co., Ltd. Group company rights to manufacture and sell its MET turbochargers. The MET lineup is exhaust gas-type turbochargers engineered for use with diesel engines. Manufacturing turbochargers  The newly concluded lic...

Wrist, the world’s largest supplier of provisions, stores and spare parts logistics to ships and offshore locations, acquires Centralam Panama, a recognised ship chandler based at the Pacific side of the Panama Canal. With the acquisition, Wrist is expanding its global reach and securing a foothold at one of the world’s most important maritime crossroads while at the same time enhancing Centralam Panama’s market position. In acquiring Centralam Panama, Wrist is expanding its...

Globally renowned and Tokyo-leading Classification Society, ClassNK will calculate the CO2 emissions from the ships to be financed under the Sustainability-Linked Loan, provided by ORIX Corporation (ORIX). The ship finance agreement signed between ORIX and a ship owner in Hong Kong is the sustainability-linked loan. ClassNK – ORIX Finance Deal ClassNK will calculate the CO2 emissions of the vessels, to ensure objectivity and fairness of the loan framework A standard value is set for th...

Ship owners, operators and managers responding to an environmental survey, carried out by Canadian-based McMaster University’s DeGroote School of Business, have acknowledged the need to reduce operational oil leakage from propeller shafts, but a lack of understanding about cleaner alternatives is preventing any meaningful technological change. Environmental survey Researchers questioned more than 1000 marine industry professionals in 2021, in order to better understand why the majority o...

Rolls-Royce is delivering its new generation mtu Series 2000 engines which comply with the strict emissions regulations IMO III and EPA Tier 3 Recreational for the first time for a yacht to be built in the US. Rolls-Royce will provide two 16V 2000 M97L engines with integrated SCR system and a power output of 1939 KW (2600 bhp) each. The engines will be installed in a Westport 125 yacht. Rolls-Royce is also delivering its automation solution mtu NautIQ Blue Vision NG for monitoring and contr...

  MAN Energy Solutions has signed a cooperation agreement with Hyundai Global Services (HGS) – after-sales division of shipbuilder and engine maker, Hyundai Heavy Industries Co.- Ltd. (HHI) – to deliver its Overridable Power Limitation (OPL) solution to MAN B&W-branded low-speed engines manufactured by HHI’s Engine & Machinery Division, HHI-EMD. Effective immediately, the agreement is set to run for an initial period of two years.  Jens Seeberg, Senior M...

ABB has been awarded a contract worth around US$ 30 million by the Canadian data and analytics company - EarthDaily Analytics (EDA), to develop and manufacture next-generation multispectral imaging systems, which are to be placed on 10 satellites (including an in-orbit spare) that will circle the Earth. The order was booked in the first quarter of 2022. Multispectral imaging systems Multispectral imaging systems capture data at specific light frequencies across a wide spectrum, and the EarthDa...

ABB announces that its Turbocharging division (PA), a pioneer in heavy-duty turbocharging for diesel and gas engines, has unveiled its new brand name ‘Accelleron’, a compound word of: Access – Accelerate – Excel – on and on, with a bold new colour of bright purple representing a powerful, inspirational, and noble brand. The new brand is centred around the company's purpose: ‘Together we inspire, innovate & exceed expectations’ – setting indust...

MPC Container Ships ASA and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a project support agreement, which makes MPC Container Ships ASA an official supporter to the centre. Market analysis capabilities MPC Container Ships ASA will contribute to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping’s work with market analysis capabilities, building industry insight and strategic industry and policy recommendations, which are focused o...

MSC CEO Soren Toft joined Head of States and CEOs of other major container lines to discuss ocean protection and the importance of decarbonising shipping at the One Ocean Summit, a global summit dedicated to the protection of the oceans organised by French President Emmanuel Macron. “At MSC, our heritage is the sea, our present is the sea, and our future is the sea,” Soren said. Net decarbonisation by 2050 During his speech, he focused on MSC’s commitment to achieving net de...

Neste will introduce its first dedicated charging service for logistics companies in the Finnish market in February 2022. Neste ran a service pilot in 2021 together with Finland's moving and logistics company Niemi Services Ltd. The pilot was a success, and the Neste Charging service will be widely available for the transport industry to support companies in achieving their ambitious climate goals. By using the Neste Charging service to charge their electric vehicles, logistics companies c...

In 2021, Neste’s renewable and circular solutions helped customers reduce greenhouse gas (GHG) emissions globally by 10.9 million tons. This amount equals the annual carbon footprint of 1.7 million average EU citizens or the removal of 4.2 million passenger cars from the roads for a full year. “With the 10.9 million tons reduction in GHG emissions, we are more than halfway to our commitment of helping our customers reduce emissions with our renewable and circular solutions by at lea...

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh says the Agency is committed to continuously collaborate with all stakeholders to ensure that Nigeria attains the status of not only the hub of maritime activities in the West and Central Africa region but also a major maritime player globally. Dr. Bashir Jamoh who reiterated this in Lagos during an interactive session with media stakeholders over the weekend noted the steady progress in terms...

“It feels like we’ve finally broken free of the pandemic chains,” said Nor-Shipping’s Director, Sidsel Norvik, following the news that Norway ended its national coronavirus restrictions this weekend. With no further regulations relating to social distancing, event numbers, international travel, or the use of facemasks, ‘Your Arena for Ocean Solutions’ can run a full exhibition and event programme for the first time, since its successful 2019 outing. Sidsel N...

FESCO Transportation Group (FESCO) is expanding the geography of its domestic routes and is launching a regular rail service from St. Petersburg to Chita and Blagoveshchensk via Moscow. Now FESCO customers can deliver goods to the Trans-Baikal Territory and the Amur Region via the capital of Russia within the frames of a single logistics service. Access to regular shipments Container trains will depart once a week from one of the marine terminals of St. Petersburg and the Leningrad region and...

In December, 2021, China United Lines (CULINES) and Peter Döhle Schiffahrts-KG (PD) signed an agreement on strategic partnership. Mr. Christoph Döhle (Managing Partner at PD), Mr. Lars Christiansen (CO-CEO at CULINES), Jan Döhle (Managing Director at Blue Net Chartering), Mr. Christoph Tamke (Managing Director at Menzell Döhle), and Mr. Bastian Schmidt (Managing Director at Menzell Döhle Shipping) attended the ceremony at PD headquarters in Hamburg. Mr. Raymond Chen (Ch...