The Port of Rotterdam Authority on Monday (21 January) launched an EUR 5 million (US $5.68 million) incentive scheme intended to promote projects and demonstrations that make use of low-carbon or zero-carbon fuels delivered in Rotterdam’s port area.
The scheme, which runs until the end of 2022, is now officially open to applications.
“We wish to play an active part in the reduction of CO2 emissions generated by the shipping sector,” said Allard Castelein, CEO of the Port of Rotterdam Authority.
“Through this scheme, we are able to give various parties just that extra financial push they need to realise a concrete project in this area.”
Shippers, shipping companies, fuel manufacturers and suppliers, engine manufacturers and service providers are invited to take advantage of the new scheme, it says.
The incentive scheme aligns with the goals set out in the World Ports Climate Action Program, which was launched in September 2018.
In this partnership – a Rotterdam initiative – the port authorities of Hamburg, Barcelona, Antwerp, Los Angeles, Long Beach, Vancouver and Rotterdam are working together on projects intended to reduce the shipping sector’s contribution to global warming.
Note: Details of the scheme can be downloaded here.
Photo credit: Port of Rotterdam Authority
Published: 22 January, 2019
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.