In conjunction with World Maritime Day, Norway-based global shipping company Klaveness Combination Carriers ASA on Thursday (24 September) noted sustainability is finally high on the agenda in the shipping industry among shipowners, charterers and governments around the world.
The International Maritime Organization (IMO) has started the transition towards a sustainable future and has adopted and will continue to develop measures to push the industry in the right direction, it said.
In addition, last week, European lawmakers agreed to include international carbon emissions from the maritime sector in the EU carbon market from 2021.
The company said: “It is however questionable whether these measures will be enough to increase the speed of the decarbonisation of the shipping industry.”
Higher taxes on fossil fuels and/or carbon pricing will be necessary going forward to incentivise shipping to make the necessary investments and to start using low carbon fuels and eventually zero emission fuels, it added.
Klaveness Combination Carriers noted it offers today the most carbon efficient deep-sea dry bulk and tanker shipping solution and has set ambitious environmental targets including reaching IMO’s 2030 carbon intensity targets within 2022 and becoming carbon neutral within 2030.
The company said it has several ongoing initiatives both when it comes to operational efficiency and technical solutions to save fuel.
It also noted that it has tested sustainable biofuel in 2020 and is progressing in its work to develop future zero-emission solutions.
“The industry has a long way to go, and we are strong supporters of new international regulations that can increase the speed of decarbonising of the shipping industry,” it concluded.
Related: Torvald Klaveness: Zero emission deep sea shipping not as expensive as perceived
Related: Norway: Klaveness Combination Carriers utilises sustainable biofuel as bunker fuel
Photo credit: Klaveness Combination Carriers
Published: 30 September, 2020
But expressed disappointment in watering down resolution in order to reach consensus and placate a small but vocal group of opposing countries.
MPA working on twin goals of developing Singapore as an International Maritime Centre and a leading Centre for Green Finance in Asia, says Chief Executive.
Eco-friendly vessel designs are developed by Korea Shipbuilding & Offshore Engineering, Hyundai Heavy Industries and Hyundai Mipo Dockyard.
Companies signed an agreement at the Eastern Economic Forum to explore the use of liquefied natural gas, hydrogen, ammonia and methanol.
‘Ammonia is considered a key fuel on the road to the IMO’s 2030 and 2050 GHG and carbon reduction targets,’ says Laurent Leblanc, Senior VP Technical & Operations at BV.
First newbuild due for delivery in 2021 after being launched at the yard in April, with second and third vessels set to be delivered in the first half of 2022.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.
