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Shipping: Emission Possible

Tankers International enhances its VLCC Fixture app for faster, live updates to help keep pace with current market

Tankers International, the world’s leading shipping pool for VLCCs, today announced an update, including a new subscription scheme, for its popular VLCC Fixture app. This new subscription structure will provide even better functionality for app users and support market stakeholders in understanding current developments for the global VLCC fleet. First launched in 2014, the Tankers International VLCC Fixture app is the only publicly available source of comprehensive fixture data for the global VLCC fleet and provides wider market access to data that was once only provided to a select few ...

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MPC Capital further expands commitment to the decarbonization of the shipping industry

Hamburg-based asset and investment manager MPC Capital has initiated a project to build two new container ships powered by climate neutral (“green”) methanol. The project was developed in cooperation with the Norwegian Wilhelmsen group and is part of a series of activities by MPC Capital to decarbonize the maritime sector. The vessels have a total investment volume of USD 78 million and a capacity of 1,300 standard containers (TEU) each. With their modern design and the most advanced propulsion technology based on green methanol, the vessels are among the first ...

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Fleetzero begins its search for the first giant ship to convert to battery power

Fleetzero has an ambitious goal: to compete with global shipping companies with its own boats, powered entirely by electricity. The company just secured $15.5 million in new funding and is looking for the first ship to convert to run on its shipping container-shaped batteries. The company’s plan, described in detail here, is to convert existing ships to electric propulsion, replacing the diesel engine or generator with enormous batteries of the company’s own design. These would be loaded and unloaded like any other cargo, swapped out at ports and charged between ...

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Back to the future? Cargo giant Cargill turns to sails to cut carbon

In a new take on ancient technology, Cargill, one of the world’s biggest charterers of ships, is to add state-of-the art sails to a vessel early next year to test whether wind power can cut its carbon emissions, a top company executive said. With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world’s CO2 emissions, yet environmental campaigners say efforts by the sector to cut emissions are slow. Leading agri group Cargill will start testing a dry bulk vessel with two wind sails ...

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Is THOR’s superpower shipping’s silver bullet?

Shipbuilder and designer Ulstein is looking to take its revolutionary Thorium powered vessel concept from the drawing board to the deep blue sea. Is this the solution that industry, and society, have been searching for to enable a truly sustainable maritime future? Everything about the launch of ULSTEIN THOR was unexpected. The vessel concept, a 149m 3R (Replenishment, Research and Rescue) design with a Thorium Molten Salt Reactor (MSR), took the industry, and wider society, by surprise. Its unveiling at Seatrade, Miami in late April unleashed a wave of global ...

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Aspo’s subsidiary ESL Shipping has confirmed an additional order for one electric hybrid vessel

Aspo’s subsidiary ESL Shipping has confirmed an additional order for one electric hybrid vessel [email protected] Shipping, a subsidiary of Aspo Group’s ESL Shipping, has declared an option and order for the first additional vessel from the Indian shipyard Chowgule & Company Private Limited, from which the shipping company has previously ordered six identical electric hybrid vessels, as announced in September 2021. In connection with the forthcoming series of new-generation electric hybrid vessels and additional vessel options, ESL Shipping is preparing to start a long-term pooling partnership together with a group ...

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Vale Advances A Pioneering Project To Adopt Low-Carbon Fuels In Shipping

Vale has achieved a major advance in the adoption of alternative, lower-carbon fuels for shipping. A pioneering project developed by the company resulting in a design to incorporate multi-fuel tanks on iron ore carriers has received an Approval in Principle (AIP) from the leading Classification Society DNV. The independent assessment performed by DNV verifies the technical feasibility of the design, and indicates that based on this system, developed in partnership with Norwegian companies Brevik Engineering AS and Passer Marine, vessels chartered by the mining company could be adapted to store ...

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Just 35% Of Shipping Companies Have A 2050 Net Zero Pledge Or Have Committed To IMO Targets Of 50% Absolute Emission Reduction

A new study examining the top shipping companies’ commitment to decarbonization shows that only 35% have a clearly expressed emissions target to be net zero by 2050. The assessment, conducted by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, draws on published decarbonization ambitions and actions of the largest companies by owned capacity in tanker, bulk, container, and RORO/car segments. Together, these four segments cause a substantial share (70%) of global maritime emissions. The state of decarbonization in the maritime industry shows that while real progress has been made, ...

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Shipment Notifier prevents unnecessary Co2 emissions

This week, UTURN, the platform for container transport, launched the shipment notifier. This development ensures that every container carrier in Europe can optimally match its planning with the demands of clients.“I no longer have to scroll through the platform but automatically receive shipments that fit into my schedule.” said Vincent Dammes of Henk Dammes Transport in Bleiswijk. The release of the notifier was a logical step in the further development of the UTURN platform. “Since 2017, we have been able to collect data to determine where carriers are driving and ...

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CMA CGM and ENGIE set to co-invest in the Salamander project, to produce second-generation biomethane

The CMA CGM Group, a global player in sea, land, air and logistics solutions, and ENGIE, a global leader in low-carbon energy and services, announced plans today to co-invest in the Salamander project – the first industrial and commercial unit for second-generation biomethane production – and their intention to produce up to 200,000 tons of renewable gas annually worldwide by 2028, to meet the needs of CMA CGM and the shipping industry. Majority-owned by ENGIE and the CMA CGM Group, the site is being considered to be located in Le ...

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INPEX, IHI, MOL Demonstrate Clean Ammonia Supply Chain Linking UAE and Japan

INPEX CORPORATION (INPEX), IHI Corporation (IHI) and Mitsui O.S.K. Lines, Ltd. (MOL) announced they have executed the demonstration of a clean ammonia supply chain linking the United Arab Emirates (UAE) and Japan. The clean ammonia used for the demonstration was supplied by Abu Dhabi National Oil Company (ADNOC). It was produced by Fertiglobe, a joint venture between ADNOC and OCI.N.V. that is a key supplier of ammonia, using natural gas produced in Abu Dhabi. Most of the CO2 emitted from the production of the ammonia was sequestered and injected into ...

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Braemar launches digital platform to offset vessel and cargo emissions

Braemar, expert advisors in shipping investment, chartering, and risk management, today announces the launch of Braemar Offset, a digital platform that enables its clients to reduce their carbon footprint in a measurable, effective and efficient way. Science-based emission reductions are now a baseline expectation for maritime companies, and carbon offsetting – a decarbonising activity to compensate for unavoidable emissions elsewhere, which is one of the tools that shipping will utilise to achieve net zero. Braemar Offset provides a diverse and regularly replenished portfolio of offset projects to ensure certainty of ...

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ABB to power Japan’s first electric tugboat for efficient and sustainable operations

The electric tugboat Taiga is the result of a collaboration between Tokyo Kisen Co., Ltd. and e5 Lab Inc., a Japanese consortium with the purpose of planning and developing fully electric vessels. Constructed at the Kanagawa Dockyard Co., Ltd. at Kobe, the tug is due for delivery by end of December 2022, becoming the first vessel of its kind to operate in Japanese waters. It is equipped with ABB’s Onboard DC Grid™, complete with a high battery capacity. Designed to enable zero-emission operations in harborside environments, the tug delivers superior ...

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Headway Carbon Capture and Storage System (CCS) has been approved by DNV Classification Society

Recently, the carbon capture and storage system (CCS) independently developed by Headway Technology Group (Qingdao) Co., Ltd. obtained the Approval of Principle (AIP) certificate officially issued by the DNV Classification Society, and this made Headway one of the few companies in this field in the world with this recognition. Headway CCS system stands out with many advantages such as small size, low power consumption, convenient operation, etc. Headway has a number of patents and software copyrights, which enable the providing of energy-saving and efficient solutions for ships, in order to ...

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TotalEnergies, MOL Group complete first ship refueling with biofuel in Singapore

Mitsui O.S.K. Lines, Ltd. (MOL) and TotalEnergies Marine Fuels have completed the first refueling of a ship with biofuels in Singapore, the shipping company said on Wednesday. The ship, a car and truck carrier named Heroic Ace, was refueled using biofuel supplied by TotalEnergies via a ship-to-ship transfer on June 11, MOL said in a statement. The biofuel blend that was used in the trial comprised of very low sulfur fuel oil (VLSFO) blended with 20% second-generation, waste-based and ISCC-certified used cooking oil methyl ester (UCOME), MOL said. ISCC is ...

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