The international marine conservation organisation OceanCare welcomes the inclusion of maritime transport in the European Union’s Emissions Trading Scheme (ETS), as reflected in the “Fit for 55” legislative package presented today by the European Commission. The CO2 emissions reported under the EU Monitoring, Reporting and Verification (MRV)[1] system represent around 15% of the total CO2 emissions emitted by global shipping. EU shipping needs to cut down 90 Mt CO2 from now to 2030 to meet its new climate target[2] of reducing 55% GHG emissions below 1990 levels by that date. ...

Volkswagen is the first automaker to transport most of its new vehicles overseas using low-emission LNG ships (LNG – liquefied natural gas). After the first two LNG car carriers entered service in 2020, Volkswagen Group Logistics has now ordered four more ships with dual-fuel engines that can be powered with environmentally friendly liquid gas. They should be traveling the world’s oceans by the end of 2023, serving the North American route between Emden in Germany and Veracruz in Mexico. On the return trip, the LNG ships will transport new vehicles ...

The technology group Wärtsilä continues to lead the ongoing transformation of the energy and marine sectors towards carbon-free solutions through its future fuel development work. The company is pioneering the adoption of hydrogen and ammonia as viable engine fuels through advanced testing in Wärtsilä’s fuel-flexible combustion engines. Hydrogen and ammonia contain no carbon, meaning the combustion releases no CO2 emissions.Full-scale engine tests have been recently carried out in Wärtsilä’s engine laboratory in Vaasa, Finland, to assess the optimum engine parameters for running on these fuels. The test results are very ...

The International Chamber of Shipping (ICS) has released a statement following the European Commission’s proposed extension of the EU’s Emissions Trading System (ETS) to cover the international shipping sector. Guy Platten, secretary general of ICS, commented: “Other than as an ideological revenue raising exercise, which will greatly upset the EU’s trading partners, it’s difficult to see what extending the EU ETS to shipping will achieve towards reducing CO2, particularly as the proposal only covers about 7.5% of shipping’s global emissions. This could seriously put back climate negotiations for the remaining ...

Vard Electro is pleased to announce the award of the contract for an innovative hybrid battery power system with Atlantic Towing to be integrated on their vessel Atlantic Shrike. Atlantic Towing is the first company to implement this multiple mode application of battery technologies on a single vessel in the Canadian Offshore Oil and Gas Industry. Through cooperation across borders Vard Electro is utilizing its vast technological experience to meet the project requirements. As the market continues to reach for novel technology to contribute in reducing emissions, Vard Electro is ...

AI led maritime technology company DeepSea Technologies has partnered with Seanergy Maritime Holdings Corp. to develop, test, and improve Pythia, the world’s first weather routing and voyage optimisation platform tailored to the exact performance of vessels, under all conditions. This platform has allowed Seanergy’s Capesize vessels to achieve a reduction of fuel consumption of up to 12%, with average fuel savings of 8%, as recorded over a series of voyages during the first four months of 2021. Seanergy and DeepSea have worked closely on the development of Pythia with the ...

Hakone Maru, a container carrier formerly owned and operated by NYK, has been recognized by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) as “Japan’s first new container carrier that realized efficient maritime transportation.” This honor is given to vessels that have historical, academic, and technical value, promote public understanding, and are seen as symbols of cultural heritage for future generations. Another NYK vessel, Hikawa Maru, a historic ocean liner permanently berthed as a museum ship in Yokohama, was certified in 2018. Hakone Maru, Japan’s first containership, was ...

Committed to reducing its environmental impact at all levels of its activity, Longchamp has signed an ambitious and responsible partnership with NEOLINE to reduce emissions on its transatlantic shipping. NEOLINE offers a responsible and innovative maritime transport service under sail, designed for ecological and economic performance. A commercial speed of 11 knots, 136m sailing cargo ships propelled by the wind in 4200m² of sails, benefiting from the technological progress of ocean racing (especially in weather routing) and driven by trained and involved crews, will allow a reduction of up to ...

While efforts to build a decarbonized society are being accelerated such as through strengthened GHG reduction targets in various countries and with the progress of sustainable finance, a framework for assessing GHG emissions has also been introduced to IMO regulations. The shipping industry is now required to plan and manage GHG emissions in an organized manner. ClassNK commits to supporting clients engaging in the shipping business in planning and managing GHG emissions in daily operations for the pursuit of zero-emission, and is working on the enhancement of its service portfolio ...

ExxonMobil data reveals that many operators of high speed engine vessels are not managing their engine’s lubrication as efficiently as they could. Up to 75%1 change their engine oil in line with Original Equipment Manufacturer (OEM) recommendations but according to Mobil Serv℠ Lubricant Analysis data the majority may not actually require an oil change at the time. The insight from ExxonMobil’s next generation used oil analysis service reveals that up to two thirds of high speed engine vessel operators are missing out on a variety of potential benefits from oil ...

The first liquefied natural gas (LNG) bunker vessel to be based in France has marked another step towards her delivery and operational commencement, following the successful completion of her sea and gas trials. The new vessel is TotalEnergies Marine Fuels’ second collaboration with shipowner Mitsui O.S.K. Lines, Ltd. (MOL) and shipbuilder, Hudong-Zhonghua Shipbuilding. TotalEnergies Marine Fuels and MOL signed a long-term charter contract in November 2019 and construction commenced in April 2020. The 18,600-m³ capacity vessel was first launched from the Hudong-Zhonghua Shipbuilding in China at the end of April ...

Pioneers of innovative, high-powered ship assist tugboats, Crowley Maritime Corporation will lead the next generation of industry sustainability by building and operating eWolf, the first all-electric powered harbor tugboat that can complete a job without expending a drop of fuel. Crowley will build and operate first all electric tug in U.S.“The eWolf represents everything Crowley stands for: innovation, sustainability and performance. With this groundbreaking tug design, our team continues to embrace our role as leaders in the maritime industry while providing our customers with innovative and sustainable solutions done right,” ...

As a sector at the “forefront of the climate change challenge”, the maritime sector is stepping up to its climate change mitigation and resilience building responsibilities, according to UNCTAD. But while the UN’s trade body commends and supports the International Maritime Organization (IMO) framework for its “clear goals, milestones and regulations” on reducing greenhouse gas emissions in shipping, it has also warned of the negative impacts of the IMO measures on some developing countries. It advises that some countries will likely require support to mitigate the increased maritime logistics costs ...

During the last month the AI assistant Stena Fuel Pilot has been successfully introduced on two more Stena Line vessels, Stena Flavia and Mecklenburg-Vorpommern. In total, 7 Stena Line vessels now operate with AI assistance, with the aim to reduce fuel consumption and CO2 emissions by 5 %. The Stena Fuel Pilot started as a pilot study on Stena Scandinavica on the Gothenburg-Kiel route back in 2018 with the task to investigate and explore how artificial intelligence can be used to support the captains and crews onboard to save fuel ...

Avance Gas Holding Ltd (the “Company”) is pleased to announce the successful signing and completion of the $104 million sustainability-linked term facility with a bank syndicate previously announced in May 2021. The transaction will secure financing of the two first dual fuel newbuildings, Avance Polaris and Avance Capella, scheduled for delivery in Q4 2021 and Q1 2022. The facility has a maturity at the earlier of five years from delivery of the second newbuilding and June 2027. The financing is expected to be drawn upon delivery of the vessels from ...