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Shipping: Emission Possible

ING and EIB provide €300m to finance green shipping

ING and the European Investment Bank (EIB) today signed an agreement to support green investments for the European shipping market for a total value of €300m. ING and EIB will each contribute €150m to the facility. This agreement will ensure that sponsors of green and sustainable projects in the maritime transport sector can benefit from advantageous financial terms. The facility is available to clients with significant European interests, and can be used for projects with a green innovation element covering the construction of new vessels or retrofitting of existing vessels. ...

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NYK Concludes Long-term Charter Agreement for Methanol- fueled Chemical Tanker

NYK Bulkship (Asia) Pte. Ltd., an NYK Group company based in Singapore, has signed a long-term time charter contract with Waterfront Shipping Company Limited* (WFS) for one newly built methanol carrier. The new ship will be equipped with an engine that enables the vessel to be powered by methanol, fuel oil, marine diesel oil or gas oil — the first NYK ship to make use of such technology. After delivery from the Hyundai Mipo Dockyard (Korea) in 2019, the vessel will be delivered to WFS, a wholly owned subsidiary of ...

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Lack of uniform international legal framework will hinder and fragment the adoption of green technology in shipping

Costs hindering implementation of energy management technology Over two thirds (68%) of global marine industry executives believe that a lack of uniform international environmental regulations will impede the adoption of green technologies in shipping, according to a new report from the Institute of Marine Engineering, Science & Technology (IMarEST) and global law firm Clyde & Co, that surveyed 220 marine industry executives from across the world. Clyde & Co explains that some international maritime conventions, which target environmental protection, do exist. One ongoing example is the global sulphur emissions limit, ...

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Industry Welcomes Four New Ocean-Going Vessels Capable Of Running On Methanol

Waterfront Shipping Company Ltd. (WFS), Marinvest/Skagerack Invest (Marinvest), IINO Kaiun Kaisha, Ltd. (IINO), Mitsui & Co., Ltd. (Mitsui), and the NYK Group (NYK) are proud to announce their investment to build four new ocean-going vessels powered by clean-burning methanol fuel. These four 49,000 dead weight tonne vessels will be delivered in 2019 and built with MAN B&W ME-LGI 2-stroke dual-fuel engines that can run on methanol, fuel oil, marine diesel oil or gas oil. The vessels will join the existing seven methanol-fueled vessels chartered by WFS. In 2016, WFS, Marinvest, ...

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Scrubbers Are Not the Perfect Solution – for the Arctic or Anywhere

With the 2020 cap on the sulphur content of marine fuel oil looming on the horizon, the global shipping industry is starting to show signs of action and in many cases, anxiety. A recent increase in media articles on the issue suggests that many shipowners have yet to decide which route they will take in order to meet the regulation: install scrubbers or move to low sulphur fuels. A number of shipping companies, including Maersk, Hapag Lloyd and Klaveness, have indicated that they will likely move to low sulphur fuels, ...

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Poseidon Med II event at Piraeus Port

Interesting discussions on air pollution measurements in ports and deployment of LNG as alternative fuel will be the focus of the forthcoming EU co-funded Poseidon Med II event which will take place at Piraeus Port Authority on 16 February 2018. Port authorities, EU officials, stakeholders from shipping sector, environmental associations will have the opportunity to exchange views about the regulatory aspects for the amelioration of air quality in ports; to comment on the findings of the shipping emissions measurements held in Piraeus and Patras Port within Poseidon Med II framework; ...

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AkzoNobel develops pioneering marine fouling prevention solution based on UV-LED technology

AkzoNobel is to develop a revolutionary fouling prevention technology which uses ultraviolet light-emitting diodes (UV-LED). The pioneering solution – which uses underlying technology developed by Royal Philips – will be applied to underwater surfaces to eliminate fouling growth. By teaming up AkzoNobel’s cutting-edge surface protection and adhesion know-how with Royal Philips’ unrivalled capabilities and intellectual property in UV-LED lighting and electronics, the two companies are aiming to develop an economically viable solution for underwater fouling prevention. The innovation will integrate UV light-emitting diodes in a protective coating scheme which will ...

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Hempel rolls out versatile and fast-drying cargo tank coating for the offshore oil & gas industry

Yesterday – 12 February – world-leading coating manufacturer Hempel launches its high performance, chemical resistant, two component epoxy coating – Hempadur 15600 – to the offshore industry. Designed specifically for Floating Production Storage and Offloading (FPSO) cargo tank protection, Hempadur 15600 is International Maritime Organization (IMO) Performance Standard for Protective Coatings (PSPC) cargo oil tank compliant. It provides excellent resistance to continuous immersion in hydrocarbons, including crude oil up to 90˚C/194˚F. Maurice Steijger, Group Offshore Manager, Hempel A/S says: “Hempadur 15600 is an important part of Hempel’s range of high-performance ...

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EGCSA workshop: The impact of new regulations on marine emission requirements and fuel use

The Exhaust Gas Cleaning Systems Association (EGCSA) is to hold a two-day workshop for the commercial shipping industry to discuss the effect of new rules and regulations on emission requirements and fuel use. These include the latest California Air Resources Board fuel rules, new plans to lower at berth emissions, and pathways for reducing particulate matter emissions. The EGCSA industry workshops have come to be known as the place to hear the real story behind exhaust gas aftertreatment technologies (EGCS) and their application in merchant shipping, and offer industry members ...

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One step closer to effective enforcement of new sulphur regulations

This week, the IMO agreed to ban fuel with an excessively high sulphur content on board ships. The proposal was actively supported by Denmark and is now to be finally adopted by the IMO Marine Environment Protection Committee (MEPC) with a view to entry i ​According to a previous IMO decision, ships’ fuel must have a maximum sulphur content of 0.5 per cent from 2020, compared to today’s 3.5 per cent limit. The new prohibition, which enjoys wide support from the IMO member States, green organisations and the industry, will ...

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IMO moves to outlaw carriage of high sulphur marine fuel ahead of 2020 usage ban

Moves to close a loophole in enforcement of the cap on high-sulphur marine fuel, which comes into effect in January 2020, have been welcomed by the Clean Shipping Coalition (CSC). Ships will be banned at that time from burning any marine fuel with a sulphur content above 0.5%, but the ban does not prevent ships from carrying fuel exceeding the 0.5% limit. This opens up the possibility of massive avoidance by unscrupulous operators when operating out of sight on the high seas. Today a ban on ships carrying marine fuels ...

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IMO is ready for ban on non-compliant fuel

It should be prohibited to have non-compliant fuel on board as from 2020. This is the clear signal from the IMO Sub-Committee PPR, Pollution Prevention and Response, which this week has been discussing how to ensure that the global sulphur requirements are implemented and enforced effectively. At the opening of the week-long IMO meeting, IMO’s Secretary-General, Kitack Lim clearly communicated that there is no turning back; the global Sulphur requirements will enter to force in 2020. The effect of the rules will be significant for both the environment and public ...

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ETI launches new project to identify market barriers for investment in fuel efficient technologies for marine vessels

The ETI has launched a £1.8m project that aims to assist financiers to understand and confidently quantify the benefits in investing in fuel efficient technologies for existing and future marine vessels. The Vessel Technology Assessment System (VTAS) project will develop a practical approach to predict the benefit of a range of carbon abatement/fuel efficiency technologies on marine vessels over real-world usage cycles. David Butler, project manager for HDV marine efficiency at the ETI says: “Maritime transport emits around 1000 million tonnes of CO2 annually and is responsible for about 3% ...

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IMO International Maritime Organization and EBRD sign new partnership to support sustainable shipping

The International Maritime Organization (IMO) has signed a new partnership agreement with the European Bank for Reconstruction and Development (EBRD). The agreement will help promote sustainable shipping through a range of safety- and environment-focused capacity-building activities in the maritime and port sectors in selected countries. It brings together IMO, the United Nations maritime agency which sets global standards for safe, secure, efficient and environment-friendly international shipping, and the multilateral development bank EBRD, which has experience in supporting comprehensive transport related development activities and practices in the maritime and port sectors. ...

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Cleaner Ship Fuels Will Benefit Health, but Affect Climate Too

Marine shipping fuels will get a whole lot cleaner in 2020 when a regulation by the International Maritime Organization (IMO) requires fuels to contain 80-86 percent less sulphur. This is the most significant improvement in global fuel standards for the shipping industry in 100 years, intended to achieve significant health benefits on a global scale. Now, a new study in Nature Communications quantifies these health benefits and finds cleaner shipping fuels will result in a 3.6 percent reduction of childhood asthma globally. The study was led by University of Delaware’s ...

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