Emissions - News

Maersk vessels will be assisting global research efforts on weather patterns and climate change by committing 300 company-owned vessels to participate in the global Voluntary Observing Ship (VOS) programme. While Maersk already has many vessels contributing to the VOS, the newly expanded commitment will see its entire fleet participating by the end of 2020. The recorded data helps meteorologists create more accurate weather and storm forecasts - and will also be used in the creation of atmosphe...

Oil Companies International Marine Forum (OCIMF) has been working with BIMCO, ICS, INTERCARGO & INTERTANKO, in collaboration with Nigerian Authorities, in order to improve maritime security and better understand the challenges faced by seafarers.　 Post a series of successful meetings with the Nigerian Government, an Industry/NIMASA Joint Working Group (JWG) has been formed of key stakeholders. The working group held their first meeting on 28 May, 2020 and will focus on: National and reg...

HMM, the South Korean shipping company, launches the first in a series of 12 ultra-large containerships that will each feature individual MAN B&W G95ME-C10.5 low-speed main engines. At 23,964 teu, the ‘HMM Algeciras’ is the world’s largest containership and is bound for a working life between Asia and Europe. While the engine’s power delivery has been adjusted downwards to achieve optimal fuel consumption, the ME-C Mk 10.5 type is capable of delivering 6,870 kW per c...

DP World, a renowned enabler of global trade, has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM. The collaboration between DP World and the TradeLens platform will help accelerate the digitisation of global supply chains. DP World aims to connect all its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens. In 2019 DP Worl...

A.P. Moller - Maersk, DSV Panalpina, DFDS, SAS, and Ørsted have formed the first partnership of its kind to develop an industrial-scale production facility to produce sustainable fuels for road, maritime, and air transport in the Copenhagen area. The partnership brings together the demand and supply side of sustainable fuels with a vision to realise what could become one of the world’s largest electrolyser and sustainable fuel production facilities. The project can spearhead the ma...

MetOcean Telematics, is pleased to announce that it will supply the Royal Navy with its new Maritime Acoustic Scoring and Simulation System (MASS). The United Kingdom Ministry of Defence (MoD) awarded MetOcean an extensive contract vehicle to supply MASS, and systems will soon be commissioned by the Royal Navy. Maritime Acoustic Scoring and Simulation System (MASS) MASS eliminates the need for land bombardment ranges and the necessity to destroy physical targets MASS is the world’s fir...

Shipping accounts for 2.2% of global greenhouse gas emissions. Norwegian shipping companies are now taking a leading role in the fight against climate change. The goal is for the entire Norwegian fleet to be climate neutral by 2050. The aim of the Paris Agreement is to limit global warming to 1.5 degrees. The UN Intergovernmental Panel on Climate Change has given the world ten years to halve the total greenhouse gas emissions and maintains that they must drop to net-zero emissions by 2050. Clim...

The latest vessel of Kongsberg Maritime design to enter service, an 81.80m NVC 375 WP freezer trawler named Ilivileq, has just been delivered to its working domain in the Arctic waters. Ilivileq, freezer trawler Ilivileq typifies the principles upon which the NVC range was conceived, combining an economical and environmentally beneficial foundation of low emissions and fuel-efficient operation, with a freeboard of optimal height, in order to ensure crew safety, teamed with modern, responsible...

SBM Offshore CEO Bruno Chabas commented: “SBM Offshore delivered a good set of results during the first quarter of 2020, in line with expectations. The Company’s results, dividend track record and completed share repurchase exemplify SBM Offshore’s robust business model. At the same time, SBM Offshore is also impacted by the combined demand and supply crises in the oil and gas market and is taking measures to evolve and adapt with the uncertain dynamic market conditions."...

The recruitment company Universum conducts an annual student survey at 26 Norwegian educational institutions. More than 13,000 students have been asked to rank different companies by attractiveness. KONGSBERG is ranked on second place among engineering students, beaten only by Equinor who has topped the list for a number of years. When female engineering students are asked to pitch their preferred employers, KONGSBERG comes in 10th place, up two places from last year. Increasing support among...

Reliable oxygen compressor solutions for the medical sector and health care are needed like never before. In order to be able to meet this increased demand even in the high-pressure range, Sauer Compressors has developed a system that can compress pure oxygen up to 300 barg. The compact solution consisting of an oil-free and dry-running HAUG compressor and a pneumatic gas booster meets the highest requirements for efficiency and safety. It is ideally suited for medical oxygen in hospitals and m...

Imabari Shipbuilding Co., Ltd. (‘Imabari’), MAN Energy Solutions (hereinafter ‘MAN’), Mitsui E&S Machinery Co., Ltd. (‘Mitsui E&S Machinery’), ClassNK (‘ClassNK’), ITOCHU ENEX Co. Ltd. (‘ITOCHU ENEX’) and ITOCHU Corporation (‘ITOCHU’) have agreed to jointly develop ships equipped with the main engine using ammonia as its main fuel (‘Ammonia-fuelled Engine’). With international momentum towards the transi...

Wan Hai Lines is pleased to announce its plan to expand its existing service network between China and Southeast Asia by launching a new weekly service from Central China to Thailand & Vietnam on 15th May 2020. The service, named CTV by WHL and IAL, IA-98 by Sealand Maersk Asia will be operated with 3 vessels with an intake of 1,200 TEU. Comprehensive service coverage Wan Hai Lines will deploy 1 vessel while its partners Interasia Lines and Sealand Maersk Asia will operate the other two v...

Tokyo – Leading Classification Society, ClassNK has granted an Approval in Principle (AiP) to Imabari Shipbuilding Co., Ltd., for their concept design of a 180,000 DWT LPG dual fuelled bulk carrier, developed in cooperation with Mitsubishi Shipbuilding Co., Ltd. Approval in Principle (AiP) The AiP was granted to the concept design, based on ClassNK’s Guidelines for Ships Using Low-Flashpoint Fuels and its Rule Part GF (regulation for ships using low-flashpoint fuels), incorporating...

HMM held a naming ceremony for a 24,000 TEU-class containership ‘HMM Algeciras’, the world’s largest containership, at the DSME (Daewoo Shipbuilding & Marine Engineering)’s Okpo shipyard in Geoje, Korea. Distinguished guests attending the ceremony  About 160 distinguished persons attended the ceremony, including Moon Jae-in (President of the Republic of Korea), Hong Nam-ki (Deputy Prime Minister and Minister of Economy and Finance), Moon Seong-hyeok (Minister o...

As the COVID-19 pandemic continues across the globe, SBM Offshore has been adapting to this unprecedented situation, protecting its workforce and putting in place business continuity measures. SBM Offshore’s priority remains the health and safety of its staff, contractors and their families, ensuring safe operations across the Company’s activities at the same time. A dedicated task force continues to monitor the situation at all Company locations across the globe, on a daily basis....

FESCO Transportation Group (‘FESCO’) provided complex agent services for the vessel which was used to transport the platform Odyssey (the launch complex of the Sea Launch floating spaceport) to the port of Slavyanka (the Primorye Territory). FESCO performed operations on the territory of Russia to support and maintain the vessel and prepare all the necessary documents, as well as controlled the unloading of the platform at the destination port.

The International Transport Forum (ITF) has announced the postponement of the ITF 2020 Summit, which was earlier scheduled to take place from May 27 to May 29, 2020. ITF 2020 Summit postponed The world’s renowned transport policy event, ITF 2020 Summit, was slated to take place in Leipzig, Germany The world’s renowned transport policy event, ITF 2020 Summit, was slated to take place in Leipzig, Germany, under the theme of ‘Transport Innovation for Sustainable Development&rsq...

Classification Society ClassNK, Japan Marine United (JMU), and NAPA have completed a joint feasibility study on 3D model-based plan approval using 3D CAD models as part of their technical investigation project. Shipbuilding designs are gradually transitioning from 2D drawings to those designed with 3D CAD software. Classification societies, whose plan approvals are currently based mostly on 2D drawings, are also required to develop a scheme for 3D CAD models from their submission to their exami...

Provided by Zurich, this new service will offer customers the synergy of world-class logistics and insurance solutions. Maersk has teamed up with Zurich Insurance Plc (Zurich) to bring Maersk Cargo Insurance, a product to protect customer’s goods against physical loss or damage. A customers’ cargo can be exposed to various risks while in transit and Maersk Cargo Insurance covers goods from the time they are first moved for loading until the completion of unloading at destination, fr...

Classification Society ClassNK granted an Approval in Principle (AiP) based on its Rule Part N which adopts IGC Code and its Guidelines for Ships Using Low-Flashpoint Fuels to Daihatsu Diesel for their concept design of an LPG reformed gas-fuelled coastal LPG carrier developed in cooperation with Iino Gas Transport, Osaka Gas, Izumi Steel Works, and Miura Shipbuilding in terms of safety assessments. The Vessel is designed to be equipped with an LPG reformer developed jointly by Daihatsu Diesel...

On the afternoon of December 3, 2020, the China Shipping 50 Forum, acclaimed as a think tank in the shipping industry, held its 7th annual meeting in Qingdao. As a member of the Forum, Chairman of CULines Raymond Chen attended the meeting upon invitation. Guest attending the event The event gathered top-class experts and scholars from the port and shipping logistics sector The event gathered top-class experts and scholars from the port and shipping logistics sector, senior executives at...

ClassNK obtained accreditation on January 23, 2020, from the Japan Accreditation Board (JAB) as a GHG emissions verification body based on the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) by the International Civil Aviation Organization (ICAO).Although global warming countermeasures are being discussed at the United Nations Framework Convention on Climate Change (UNFCCC), GHG emissions control in the international aviation sector, which operates across borders, will...

Following the cancellation of a number of global events, including the Mobile World Conference in Spain, ITB in Germany and the Geneva International Auto Show, the DIMDEX 2020 organising committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. DIMDEX 2020 event cancelled After extensive consideration, the DIMDEX 2020 organising committee has made the difficult decision to cancel the Doha International Maritime Defenc...

A.P. Moller - Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The facility refinances the undrawn $5.1bn facilities maturing in 2021 and has a tenor of five years which may be extended by up to two years. It will be part of the company’s liquidity reserve. Financia...

A.P. Moller - Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The facility refinances the undrawn $5.1bn facilities maturing in 2021 and has a tenor of five years which may be extended by up to two years. It will be part of the company’s liquidity reserve. Financia...

In support of international military collaboration and exchange, the organising committee of the Doha International Maritime Defence Exhibition and Conference 2020 (DIMDEX 2020) will host the Middle East Naval Commanders Conference (MENC), under the theme – ‘Resilience in the Maritime Domain - Confronting Asymmetric Threats’. The upcoming MENC edition will feature panel discussions that will once again address current multifarious naval security challenges. Under the auspices...

SBM Offshore is pleased to announce a EUR 150 million (c. US$165 million) share repurchase program, effective from February 13, 2020. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Share repurchase program The Execution of the share repurchase program will be done under the terms of an engagement letter with a third party The repurchase program is expected to be completed within the year 2020, an...

The Organising Committee of the Doha International Maritime Defence Exhibition and Conference (DIMDEX) held a successful diplomat briefing session focused on the preparation of the upcoming event at Sharq Village and Spa yesterday, which was attended by high-level diplomats. DIMDEX 2020 A fixture on the global maritime defence and security calendar, DIMDEX 2020 expects an unprecedented turnout of exhibitors and attendees from up to 80 countries. Attendees of the delegate briefing session rece...

Inmarsat, the renowned company in global, mobile satellite communications, has launched a new video to demonstrate the potential of high-speed, always-on satellite connectivity, to revolutionise the use of digital technologies and remote access solutions onboard superyachts and ocean racing yachts. Remote connectivity solutions onboard yachts Yachts equipped with global, reliable satellite connectivity have access to a variety of cutting-edge applications Offering unique insight into the late...