• 2016 December 16 10:05

    DSA: Split European Parliament decision puts shipping industry in jeopardy

    The European Parliament’s Environment Committee yesterday decided to call for the inclusion of maritime transport into the EU Emissions Trading Scheme (ETS). The vote went against the advice of the European Parliament’s Industry Committee, which voted to keep shipping out, only a month ago. The Danish Shipowners’ Association regrets that MEPs chose regionalism over global progress, Danish Shipowners Association said on Thursday.

    Shipping should be included in the EU Emissions Trading Scheme (ETS) by 2023, should no global agreement operate under the IMO already from 2021 according to the European Parliament’s Environment Committee. This was the position adopted today in a vote, which saw the Environment MEPs take the opposite view from the Industry Committee, leaving Rapporteur Ian Duncan (ECR, UK) with a difficult mandate in the upcoming negotiations with the Council and the Commission.
     
    The deadlines included in the vote show lack of understanding of the international climate roadmap warns MEP Bendt Bendtsen from the Christian-Democratic group, EPP.
     
    “By calling for an ETS for shipping in case no international system operates by 2021, my colleagues have unfortunately chosen to cave in to regionalism and ignore the long-term impact for European growth and the environment. With only a small part of global shipping touching EU ports, ETS will miss the intended climate target and runs the risk of derailing the IMO process.”, says Bendt Bendtsen (EPP, DK), Member of the Industry Committee.
     
    “I can only say that the Industry Committee stands firmly behind its call for shipping to be addressed internationally, otherwise it may well lead to cargo being transshipped outside of Europe with direct impacts on European employment. I will personally follow the regulatory developments at regional and international level very closely” he added.
     
    With a split European Parliament, the EU Member States will have a key role in securing that maritime transport is not included in the final legislation, expected to be adopted by the second quarter of 2017.
     
    The European Parliament’s call for inclusion in ETS comes at a pivotal time where Danish shipowners have agreed to reduce emissions in pace with the rest of the world to reach the goals of the Paris Agreement. This will mean that shipping – as the rest of the economy – needs to become CO2 neutral by the second half of this century.
     
    “The vote would have been a perfect opportunity for MEPs to show support for the international progress, and hold IMO accountable to its timeline. Instead we end up in a confrontation with the international negotiations in IMO, which neither serves the climate nor the sector. Danish Shipowners will nonetheless maintain an ambitious climate policy and work for continued progress in IMO” says Simon C. Bergulf, Director EU Affairs for the Danish Shipowners’ Association.
     
    Background – shipping and the EU’s ETS
    Set up in 2005, the European Emissions Trading Scheme (ETS) works by putting a limit on overall emissions from covered installations, which is reduced each year. Within this limit, companies can buy and sell emission allowances. ETS has since its inception suffered heavy criticism and the EU therefore launched in 2015 a legislative Proposal to enhance cost-effective emission reductions and low-carbon investments.
     
    Because shipping is by nature a global and highly mobile industry, the European Commission decided that it would not include shipping in ETS. This was recently mirrored at international level in the UN’s International Maritime Organisation, IMO, where a mandatory data collection system and a clear deadline for a maritime CO2 strategy were adopted in October 2016. The IMO roadmap foresees the adoption of an initial strategy in 2018 to be followed by a final agreement on targets and measures, including an implementation plan, in 2023, which is fully consistent with the Paris Agreement.

    The Danish Shipowners' Association is a trade- and employer organisation for more than 40 shipowners and two offshore companies. Half of the Associations' members own ships registered in Denmark, the other half run their activities in Denmark but their ships are run under other flags of state. All together, the members of the Danish Shipowners' Association own around DWT 14 million, which add up to more than 95 per cent of the Danish merchant fleet registered in the Danish International Shipregister (DIS).


2024 April 27

16:36 National Transportation Safety Board: Undetected flooding from a through-hull pipe led to capsizing of dredging vessel
15:49 Chantiers de l’Atlantique picks Brunvoll propulsion for the world’s largest sailing ships
14:31 US Navy announces first MCM MP embarked on USS Canberra
13:42 Interim president Michelle Kruger takes helm at Austal USA
12:17 DEME annnounces start of share buyback program
10:28 Ships with Korean-made LNG containment face key supply chain disruptions

2024 April 26

18:04 Seaspan celebrates 30 years of ship repair in Victoria
17:31 HMM enhances maritime safety with AI technology
17:13 Potential Strait of Hormuz closure threatens 21% of global LNG supply - Drewry
16:42 Van Oord christens two new hybrid water injection dredgers and an unmanned survey vessel in Rotterdam
15:57 CMA CGM announces FAK rates from Asia to North Europe
15:24 MOL announced delivery of LPG dual-fuel LPG/ammonia carrier Aquamarine Progress II
14:53 DP World and Asian Terminals launch new Tanza Barge Terminal in Cavite
14:23 MH Simonsen orders eight hybrid methanol dual-fuel tankers at China’s Jiangxi New Jiangzhou Shipbuilding
13:47 DP World and Malaysia’s Sabah Ports form a partnership to manage Sapangar Bay Container Port
13:22 SCHOTTEL to equip Guangzhou Port Group’s latest e-tug with two RudderPropellers type SRP 360
12:57 FESCO Group proposes a mechanism in favour of Russian logistics operators over their foreign competitors in domestic transport market
12:39 SSK shipyard launches the Project 14400 support ship Nikolai Kamov in the Nizhny Novgorod region
12:33 Six companies start a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido
11:52 European shipowners welcome 40% production benchmark for clean shipping fuels in Europe
11:14 Greek shipowners leaders in the secondary market once again
10:08 MPCC secures ECA-covered sustainable financing for its dual-fuel methanol newbuildings
09:38 Romanian port of Constantza to receive a new oil products terminal

2024 April 25

18:07 MSC collaborates with GSBN to trial integrated safe transportation certification verification process
17:23 China launches construction of cutting-edge marine research vessel
17:06 CMA CGM and Bpifrance launch €200mln fund to decarbonize French maritime sector
16:46 Avenir LNG orders two 20,000 M3 LNG bunker delivery vessels
16:05 Port of Amsterdam revenues up to €190.4 million in 2023
15:46 OOCL launches Transpacific Latin Pacific 5 to offer express linkage between Asia and Mexico
15:23 MOL is 1st Japanese shipping company to raise funds through transition linked loan using performance-based interest subsidy system
14:53 Trident Energy enters the Republic of Congo with strategic deal
14:21 LNG-powered ship moored in Koper for the first time
13:38 MABUX: Bunker Outlook, Week 17, 2024
13:32 The Grimaldi Group's Great Abidjan delivered in South Korea
13:12 European Parliament updates trans-European transport network guidelines
12:40 ClassNK releases route correction factors calculation tool "WACDAS"
12:10 MOL and Gaz System enter into agreement on FSRU project in Gdansk, Poland
11:31 Wartsila Gas Solutions to supply cargo handling system for a new 12.5k LNG bunkering vessel for Scale Gas
11:09 Wartsila secures China’s largest-ever methanol newbuild order
10:42 Valencia port community increases waste recovery by 75%
10:22 Kongsberg completes factory acceptance testing of the first production long-range autonomous underwater vehicle system HUGIN Endurance
09:53 Vladimir Putin: The BAM carrying capacity to reach nearly 42 million tonnes in 2024
09:47 Hanwha Ocean reports an operating profit of $38.6 mln on a consolidated basis in January-March 2024

2024 April 24

18:02 Incat to commence design study for new electric-hybrid ferry in partnership with DFDS
17:39 FESCO's 2023 revenue was up 6% Y/Y to RUB 172 billion
17:20 Peninsula adds chemical tanker Aalborg to supply in the Port of Barcelona
17:17 NCSP Group’s Q1 net profit rises 1.9 times to RUB 4.8 billion
17:03 AtoB@C Shipping reveals names for the rest of its new hybrid vessels
16:45 Red Sea conflict brings massive carbon emissions increases in ocean freight shipping
16:17 Wallenius Wilhelmsen signs a 20-year lease agreement with the Georgia Ports Authority
15:46 AD Ports Group secures a 20-year agreement to operate and upgrade Luanda multipurpose port terminal in Angola
14:43 Hengli Heavy Industries receives an order for four bulkers from Ciner Shipping
14:27 TotalEnergies, OQ to launch $1.6bn LNG bunkering project in Oman
13:54 Major shipping companies may resume limited calls to the Port of Baltimore
13:10 HD HHI inks MOU with Philly Shipyard for US vessel MRO business
12:45 MSC adds King Abdul Aziz Port in Dammam to its East Africa Express service
12:16 Norton Rose Fulbright advises Citibank on $450m facility for Danaos Corporation to acquire eight newbuild vessels
10:40 DEME and Jan De Nul build the foundation for an energy island on behalf of Elia Transmission
10:08 Salzgitter AG and Uniper SE sign pre-contract for the supply and purchase of green hydrogen
09:18 Norwegian Cruise Line and Fincantieri float out the first ship of the extended Prima Plus Сlass

2024 April 23

18:02 SFL acquires two LNG dual-fuel chemical carriers in combination with long term employment
17:31 Pioneering Spirit completes its first pipeline pull-ins in Kalsto, Norway
17:04 Valenciaport admits the four bids for the construction of the North Terminal
16:54 Vancouver welcomes its first resident battery electric tugs
16:24 Shanghai Port and Lianyungang Port strengthen partnership
15:44 WinGD to debut short-stroke engine design after successful shop test
15:24 Overseas Shipholding Group awarded federal grant to design marine transport for liquified CO2 captured by Florida’s largest emitters
14:53 H2Carrier to establish Norway's first integrated PtX and wind power project
14:23 IBIA and BIMCO sign collaboration deal
13:52 Container ship Xin Xin Shan arrested in Singapore