Louis Dreyfus Armateurs, a 3PL freight forwarder with strong knowledge and skills in transport and logistics involving specific maritime solutions, has concluded a partnership with FLYING WHALES to commercialize an air cargo transport solution. It is based on the use of the LCA60T airship – an innovative airship concept lifted by 180 000 m3 of helium with a payload of 60 tons. The LCA60T is an innovative transport solution that can operate in remote areas where roads are not available, thanks to its hovering capabilities. It is also a very ...

The EU recently adopted the ‘Fit for 55’ package that introduces the new ambitious measures for Europe to reduce emissions by at least 55% by 2030 and become carbon neutral by 2050. Shipping will contribute for the first time to the EU climate targets being part of the EU ETS and the FuelEU Maritime law. The IMO also reached last July a historic agreement for GHG emissions from international shipping to reach net-zero by 2050. European shipowners welcomed the increased climate ambition of the ‘Fit for 55’ package and recognised ...

A pioneering project – supported by the UK’s national innovation agency, Innovate UK – is aiming to retrofit a CTV (Crew Transfer Vessel) with hydrogen fuel cells, to cut CO2 and NOx emissions while servicing offshore wind farms. Phase 1 of Project Verdant is now underway involving a preliminary design and feasibility study. If the concept is deemed viable subsequent project phases will seek to execute the concept design and test it in the field. The project consortium is led by Orkney-based Green Marine which supports the offshore renewable energy ...

Portugal’s first electric ferryboat has been delivered by Grupo ETE following a christening ceremony at Navaltagus Shipyard in Seixal, south of Lisbon. “Salicornia” – which has been developed entirely in Portugal, by national companies, to serve a Portuguese region – represents a maritime milestone as the first electric ferry on the Iberian Peninsula. The €7.3million vessel will shortly proceed to Aveiro to undergo navigation and loading tests before its official inauguration when it will replace an existing ferry service which currently connects São Jacinto and the Fort of Barra, in ...

The domestic shipbuilding industry, which secured the top position in global orders last month, continues to receive new orders this month. HD Korea Shipbuilding & Offshore announced on Nov. 14 that its subsidiary, HD Hyundai Heavy Industries, has recently signed a construction contract worth a total of 698.1 billion won (US$531.68 million) with a shipping company in the African region for two liquefied natural gas (LNG) carriers. The order amount per vessel is US$265 million, the same as the LNG carrier order amount received by HD Korea Shipbuilding & Offshore ...

Shipping companies are facing significant financial exposure from introduction of the EU Emissions Trading System (EU ETS) next year that will increase balance sheet risk, further fuelled by carbon price volatility and the threat of fines for non-compliance. The big question is: who will foot the bill? And that bill will be substantial. In 2022, the maritime industry generated CO2 emissions of 126m tonnes from voyages to, from, between and within European ports that would have resulted in the need to surrender 82.7m EU Allowances (EUAs), or carbon credits, under ...

Cargo owners seeking to determine their Scope 3 emission liabilities from the logistics chain must contend with multiple calculation methods from different shipping lines that will affect their costs exposure to the EU ETS for shipping. To resolve this conundrum for its clients, Pure Car and Truck Carrier (PCTC) owner and operator UECC has adopted a standardised methodology based on an existing and trusted industry framework. The EU Emissions Trading System (EU ETS), set to be phased in for shipping from 1 January 2024, will require shipping companies calling at ...

Klaveness Combination Carriers (“KCC”) announces a deal has been agreed to retrofit four additional vessels with the Silverstream® System, the proven air lubrication technology that reduces fuel consumption and the subsequent CO2 emissions. The technology will be first installed on CLEANBUs Barracuda and Barramundi, with CABUs Balboa and Baffin due to follow. They join the already outfitted MV Ballard and upcoming MV Baru, bringing the total number of KCC vessels fitted with Silverstream’s technology to six. The Silverstream® System utilizes a series of air release units (ARUs) located along the ...

The nonprofit organizations Pacific Environment and C40 Cities, in cooperation with the ports of Los Angeles and Long Beach, hosted a Green Shipping Community Workshop today. The community event drew 90 participants and provided information on global and local shipping sector decarbonization initiatives, showcased a panel discussion with local leaders about their vision for a cleaner and greener port, and facilitated a question and answer session for the community to engage with the panelists. The panelists discussed the definition of green corridors, what green corridor commitments have been made and ...

Mitsui O.S.K. Lines, Ltd. and The Kansai Electric Power Co., Inc. announced the signing of a service agreement1 to conduct feasibility research on the design of a liquefied CO2 carrier at shipyards in Japan and overseas. The detailed research and study of the carbon dioxide capture and storage (CCS)2 value chain, including shipyards, is a pioneering effort for other business operators that emit CO2. The agreement follows the completion of an initial joint study on liquefied CO2 transport, based on a memorandum of understanding (MOU) between the two companies, by ...

Shipping companies must prepare for stricter EU regulations as the European Union tightens emissions rules for the maritime sector. New regulations and customer demands will drive the need for low-emission maritime fuels like renewable biogas and synthetic methane. Gasum stands ready to assist its customers in compliance and emissions reduction. The European maritime industry faces significant changes impacting all companies operating in European waters. Under the EU’s Fit for 55 regulatory package, companies must reduce the greenhouse gas intensity of the energy used by vessels. In practice, this means companies ...

Chevron Marine Products’ new lubricating oil has a lot to offer, and this is highlighted in a White Paper that outlines how four stroke engine operators can benefit from the new lubricating oil’s versatility. HDAX 9700 was created to provide a solution for engines that run on multiple liquid and gaseous fuels and applications that require a low sulphated ash lubricant. It is also suitable for dual fuel marine engines as HDAX 9700 has successfully completed more than 20.000 hours of testing on a Wärtsilä dual fuel power plant. “HDAX ...

Mitsui O.S.K. Lines, Ltd. (MOL) and Kyushu Electric Power Co., Inc. (Kyuden) today announced a Panamax coal carrier that uses low environmental impact LNG as its main fuel was delivered and started operation on November 14. In a naming and delivery ceremony held at the Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. (President: Kensuke Namura; Headquarters: Osaka City, Osaka Prefecture), the new vessel was named Reimei. The Reimei, a large LNG-fueled coal carrier, is operated by MOL to transport coal from overseas to Kyuden’s coal-fired thermal power plants. ...

BIO-UV Group, a specialist in sustainable water treatment and disinfection solutions, has won a contract to supply its BIO-SEA UV ballast water treatment system to a wind-powered cargo vessel newbuild. The Neoliner 136 is the first ship of its kind from NEOLINE, a company established in 2015 to research solutions for zero-emission shipping, using unlimited, 100% clean, and free-energy: wind. The company’s first ship, a 136m sailing ro-ro vessel, is currently under construction by Turkey-based RMK Marine, which offers turnkey solutions in the production of super yachts, naval and commercial ...

Ecoslops, the cleantech company that is bringing oil into the circular economy, is pleased to announce a further increase in its ESG rating by Ethifinance ESG ratings (formerly Gaïa Research). For the 2022 campaign, the Ecoslops Group has been awarded a score of 79/100, an increase for the 5th consecutive year. The increase in the 2022 rating is linked to the implementation of various actions, particularly in the areas of human resources management, skills development and environmental footprint. This progress has earned Ecoslops the Ethifinance ESG ratings gold medal for ...