Value Maritime, solutions provider of the Filtree System and CO₂ Capture and Storage solution, on Tuesday (22 march) said it has signed another agreement with JR Shipping for the further decarbonisation of their fleet.
The filter and carbon capture system will be now be installed on JR Shipping’s container feeder vessel MV Energy, in addition to MV Endeavor.
The JR Shipping Group is following two tracks towards decarbonisation, according to Value Maritime.
On the one hand, the shipping company recently launched its ECO Feeder newbuilding programme and is preparing for the future transition to clean and new fuel applications.
The second track that the JR Shipping Group is focusing on is making existing vessels more sustainable; container feeder vessels Endeavor and Energy are the first.
Major advantages for Value Maritime’s filter and carbon capture system are as follows:
“The JR Shipping Group and Value Maritime will continue to cooperate to capitalise on any opportunity that arise – no matter how small – to contribute to less pollution in shipping activities,” it says.
Photo credit: Value Maritime
Published: 28 March, 2022
Successful build out of Brooge Energy’s Phase III facility would position the company as the largest independent oil storage facility in Fujairah.
In response to “Fit for 55 package,” Trefoil Trading BV launches a new service to customers providing an option to offset their CO2 emissions on a voluntary basis.
Spill originated from a cracked underwater pipeline, admits General Manager of Pertamina refinery.
Vessels will be fitted with high-pressure ME-GI engines from MAN Energy Solutions, reducing methane slippage to ‘negligible levels’; ships will expand Crowley’s fleet.
Governments of the three countries, together with Global Maritime Forum and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, will spearhead initiative.
Bond issued under Green Finance Framework which is designed to allow the company to issue a variety of sustainable financing instruments for supporting Maersk’s targets.
KPI OC seeking to recover debt of USD 805,602.15 over five bunker deliveries, not including accrued interest of about USD 363,000 since 15 September, showed court documents obtained by Manifold Times.
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
