Business
Joint feasibility study of CCS value chain project using ship transportation to be conducted
ITOCHU, Mitsubishi Heavy Industries, INPEX and Taisei will jointly carry out the study of large-scale carbon capture and storage value chain project in Japan.

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10 months agoon
By
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ITOCHU Corporation, Mitsubishi Heavy Industries, Ltd., INPEX Corporation, and Taisei Corporation on Thursday (26 January) said they have signed a memorandum of understanding for a joint feasibility study on a large-scale and wide-area carbon capture and storage (CCS) value chain project using ship transportation for companies that emit carbon dioxide (CO2) in Japan.
The four companies will jointly carry out a study for launching a joint project relating to the separation, capture, ship transportation and storage of CO2 emitted from the materials industry and other industries in which it is considered difficult to achieve decarbonisation merely by electrification, introduction of hydrogen and other means (hard-to-abate industries) and conduct a process of selecting prospective sites for CO2 storage in Japan.
Amid mounting global momentum towards decarbonisation, the Japanese Cabinet adopted the Sixth Strategic Energy Plan in October 2021, which defined CCS as a means that should be utilised to the maximum extent possible in decarbonising hard-to-abate industries with a view towards two governmental targets of carbon neutrality in 2050 and a 46% reduction in greenhouse gas emissions by fiscal year 2030 (from the fiscal year 2013 level). With a view to social implementation of CCS, Japan's Ministry of Economy, Trade and Industry set a goal of launching a public offering of CCS value chain operators, including CO2 emitting companies, in 2024 and a number of advanced CCS projects by 2030.
Given the above governmental policy and targets as the background, ITOCHU has been taking tangible actions to realise the idea of CCS value chain business in Japan. For example, it joined the Geological Carbon Dioxide Storage Technology Research Association in June 2021.
This organisation aims to develop large-scale CO2 underground storage technologies for the development of sites suited for CO2 storage. ITOCHU also took part in the Research, Development and Demonstration Projects on CO2 Ship Transportation with a view to attaining wide-area ship transportation between CO2 emitters and sites appropriate for CO2 storage.
MHI has defined the Energy Transition as a growth area that it should address strategically and positioned the building of a CO2 solutions ecosystem as one of the key initiatives in its 2021 Medium-Term Business Plan. MHI has also positioned carbon dioxide capture, utilisation and storage (CCUS) as an effective means of creating a carbon-neutral society and has delivered CO2 capture plants incorporating its own high-performance technology, including one of the world's largest, to a total of 14 locations around the world. Meanwhile, it is also developing technologies for large-scale liquefied CO2 carriers to help develop the wide-area CCS value chain project.
INPEX is working actively to change the energy structure for the purpose of creating a net zero carbon society by 2050 while meeting energy demand in Japan and elsewhere around the world. Announced in February 2022, the Long-term Strategy and Medium-term Business Plan (INPEX Vision@2022) defined CCUS as one of the five areas where it would work intensively towards a net zero carbon society. It set a target of achieving an annual CO2 injection volume of 2.5 million tons or more by around 2030 and is conducting technology development and commercialisation with the aim of becoming a leading company in the domain of CCUS.
As a front runner in the environmental domain, TAISEI defines the acceleration of its actions towards reaching carbon neutrality by 2050 as a priority issue in its Medium-Term Business Plan and is making positive efforts for CCS. With the use of the CO2 underground storage simulation technology that it has developed through major demonstration tests in Japan and overseas, it serves as a founding member of the Geological Carbon Dioxide Storage Technology Research Association. It also takes part in the Ministry of the Environment's "Development Project of Integrated Demonstration Facility and Supply Chain for Sustainable CCUS".
In the future, the four companies will work together to realise a sustainable society while meeting mounting needs from hard-to-abate industries for CO2 separation, capture, transportation and storage through the joint activity.
Photo credit: shraga kopstein on Unsplash
Published: 30 January, 2022
Shipping Corridor
Singapore, LA and Long Beach unveil Partnership Strategy for Pacific Ocean green and digital shipping corridor
Ports and C40 have commissioned a study to analyse trade flows and vessel traffic between the three locations as well as estimate quantity of near-zero/zero-emission bunker fuels required for this traffic.

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8 hours agoon
December 7, 2023By
Admin
The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles (POLA) and Port of Long Beach (POLB) on Wednesday (6 December) unveiled a Partnership Strategy for a green and digital shipping corridor (GDSC) across the Pacific Ocean at the 28th United Nations Climate Change Conference.
The release of the Partnership Strategy follows the signing of a memorandum of understanding (MoU) by MPA, POLA and POLB during Singapore Maritime Week in April 2023. The MoU formalised the partnership, which is supported by C40 Cities, with the aim of establishing a GDSC connecting the three global hub ports.
The scope of cooperation through the Partnership Strategy and success indicators specified within build upon the MoU signed in April 2023 and reaffirm the corridor partners’ commitment to drive global action to digitalise and decarbonise the shipping industry and improve efficiencies.
The GDSC Strategy outlines steps to accelerate decarbonisation of the maritime shipping industry by enabling first mover organisations to achieve net-zero greenhouse gas emissions by the earliest feasible date, in support of the goals defined by the 2023 International Maritime Organization’s Strategy on Reduction of GHG Emissions from Ships. The ports and C40 will work together and with value-chain stakeholders from the fuel and maritime sectors to:
● Coordinate decarbonisation efforts: GDSC partners will help to catalyse and coordinate efforts to enable ships calling at the Port of Singapore, Port of Los Angeles and Port of Long Beach to achieve net-zero greenhouse gas emissions by the earliest feasible date.
● Build consensus on green shipping best practices: GDSC partners will seek to establish consensus around green shipping best practices and standards.
● Improve access to and adoption of technology and digital solutions: To enhance supply chain efficiency, resilience and decarbonisation while reducing costs and improving reliability, GDSC partners will work to develop and deploy innovative technology and digital solutions.
● Leverage networks: GDSC partners will work with stakeholders involved in other green shipping initiatives, including those established by the three ports and other parties, to scale the uptake of zero and near-zero emission technologies, fuels and energy sources.
To achieve these aims, a partnership structure and governance mechanism have been developed to provide clarity on the roles and responsibilities of GDSC partners. The strategy also outlines processes for onboarding new participants, financial management, confidentiality and decision-making.
As next steps, the ports and C40 have commissioned a study to analyse trade flows and vessel traffic between Singapore, Los Angeles and Long Beach. The study will estimate the quantity of near-zero and zero-emission fuels required for this traffic, and guide implementation by identifying opportunities for collaboration to advance the development of the GDSC.
The founding partners will now engage stakeholders from across the shipping and fuel supply value chains that share the GDSC's vision and aims, with the intention of onboarding new corridor participants in 2024.
Mr Teo Eng Dih, Chief Executive of MPA, said: “We are excited to see this partnership grow from strength to strength with the Green and Digital Shipping Corridor Partnership Strategy. We have embarked on evaluating the various digital solutions and zero and near-zero fuels options that could be trialled along the route between Singapore and the San Pedro Bay Port Complex. We look forward to the support of all the corridor stakeholders over the coming months to conduct trials and potentially scale them for wider adoption.”
"This Partnership Strategy document is the foundation upon which we'll build the future of maritime shipping,” Port of Los Angeles Executive Director Gene Seroka said. “Our success requires the resolve and dedication of the three partnering ports as well as our industry partners. Together, we will model the collaboration necessary to achieve our climate and efficiency goals."
“Over the last two decades, we've learned that collaboration between maritime industry partners is the key to making meaningful progress in reducing emissions and cleaning the air,”Port of Long Beach CEO Mario Cordero said. “This trans-Pacific green shipping corridor takes this concept global. The strategies we develop here can be used as a roadmap by a larger network of seaports and supply chain companies to invest in programs, technologies, software and infrastructure to decarbonize international trade everywhere.”
C40 Executive Director Mark Watts, said: "C40 is proud to support our port partners in delivering this Partnership Strategy. The advancement of this Green and Digital Shipping Corridor brings the shipping sector one step closer to a 1.5°C-aligned trajectory. Green shipping is only achievable through collaboration because no one stakeholder can afford to move unless they know others are likely to follow. That’s where C40 is delighted to help, bringing our network of world-leading cities, which include most of the world’s largest and most forward-looking ports."
Note: The Partnership Strategy document can be viewed here.
Photo credit: Maritime and Port Authority of Singapore
Published: 7 December, 2023
Business
Liberia-flagged bulker “Eleen Armonia” placed under Sheriff’s arrest
Ship was added to list of vessels under Sheriff’s arrest in Singapore’s court system and it is currently held at Eastern Bunkering Anchorage; arrest was made on behalf of Allen & Gledhill LLP.

Published
8 hours agoon
December 7, 2023By
Admin
Liberia-flagged bulk carrier Eleen Armonia was arrested in Singapore waters on Monday (4 December).
The 55,522 DWT vessel was added to the list of vessels under Sheriff’s arrest in Singapore’s court system.
According to the list, the vessel was arrested at 12.25pm and the arresting solicitor listed was law firm Allen & Gledhill LLP. The ship is currently held at the Eastern Bunkering Anchorage.
No details regarding the reason behind the arrest were provided in the list.
Photo credit: Manifold Times
Published: 7 December, 2023
Biofuel
PIL and DP World embark on biofuel bunkering trials at Jebel Ali Port
Both parties will collaborate on trial shipments between Jebel Ali Port in Dubai and destinations within PIL’s network in near term which will include shipments on PIL’s vessels powered by a biofuel blend.

Published
8 hours agoon
December 7, 2023By
Admin
Singapore-based container operator Pacific International Lines (PIL) on Wednesday (6 December) said it signed a Memorandum of Understanding (MOU) with DP World, which handles around 10% of the world’s container trade, to jointly develop green solutions to decarbonise global supply chains.
In the near term, both parties will collaborate on trial shipments between Jebel Ali Port in Dubai and destinations within PIL’s network, with initiatives to reduce the shipments’ GHG footprint. This will include shipments on PIL’s vessels powered by a biofuel blend, biofuel bunkering, and deploying container handling equipment at terminals that run on renewable energy to handle the shipments.
Over the longer term, the companies will explore expanding this partnership to include other ports within DP World’s global network, and using other alternative bunker fuels, such as e-LNG, green methanol or green ammonia in PIL’s vessel operations and bunkering.
It was signed by Mr Lars Kastrup, Chief Executive Officer, PIL and Mr Tiemen Meester, Group Chief Operating Officer, Ports & Terminals, DP World, at the UN Climate Change Conference (COP28) in Dubai, United Arab Emirates (UAE), conveying their commitment to combating climate change and the collective goal of achieving net zero greenhouse gas (GHG) emissions by 2050 or earlier.
Mr Lars Kastrup, Chief Executive Officer, PIL said: “Supply chain resilience and sustainability is the bedrock of global trade growth. With the renewed commitment by the International Maritime Organisation (IMO) this year to take a significant step forward to decarbonise the shipping industry, we at PIL are responding actively to IMO’s call and working to invest in and implement green solutions to achieve our target of achieving net zero by 2050. In this regard, we are pleased to have DP World joining us on our sustainability journey. Capitalising on the combined strengths of our two organisations, we can both augment our sustainability efforts as we co-develop solutions to decarbonise our supply chains.”
Mr Tiemen Meester, Group Chief Operating Officer, Ports & Terminals, DP World, said: “Decarbonisation is the single biggest concern for DP World outside the constraints and the physical movement of goods. So, we are transforming our business and the impact global trade has on the climate. We have already committed to becoming carbon-neutral by 2040 and achieving net-zero carbon emissions by 2050. But we must explore partnerships with companies that share our ambitions and technology to be deployed right now for quicker results.”
Photo credit: DP World
Published: 7 December, 2023

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