• 2018 April 16 13:15

    UN body adopts climate change strategy for shipping

    Nations meeting at the United Nations International Maritime Organization (IMO) in London have adopted an initial strategy on the reduction of greenhouse gas emissions from ships, setting out a vision to reduce GHG emissions from international shipping and phase them out, as soon as possible in this century. 

    The vision confirms IMO’s commitment to reducing GHG emissions from international shipping and, as a matter of urgency, to phasing them out as soon as possible.

    More specifically, under the identified “levels of ambition”, the initial strategy envisages for the first time a reduction in total GHG emissions from international shipping which, it says, should peak as soon as possible and to reduce the total annual GHG emissions by at least 50% by 2050 compared to 2008, while, at the same time, pursuing efforts towards phasing them out entirely.

    The strategy includes a specific reference to “a pathway of CO2 emissions reduction consistent with the Paris Agreement temperature goals”.

    The initial strategy was adopted by IMO’s Marine Environment Protection Committee (MEPC), during its 72nd session at IMO Headquarters in London, United Kingdom. The meeting was attended by more than 100 IMO Member States. 

    The initial strategy represents a framework for Member States, setting out the future vision for international shipping, the levels of ambition to reduce GHG emissions and guiding principles; and includes candidate short-, mid- and long-term further measures with possible timelines and their impacts on States. The strategy also identifies barriers and supportive measures including capacity building, technical cooperation and research and development (R&D).

    IMO Secretary-General Kitack Lim said the adoption of the strategy was another successful illustration of the renowned IMO spirit of cooperation and would allow future IMO work on climate change to be rooted in a solid basis.

    He told delegates, “I encourage you to continue your work through the newly adopted Initial GHG Strategy which is designed as a platform for future actions. I am confident in relying on your ability to relentlessly continue your efforts and develop further actions that will soon contribute to reducing GHG emissions from ships.”

    According to the “Roadmap” approved by IMO Member States in 2016, the initial strategy is due to be revised by 2023.

    Continuing the momentum of work on this issue, the Committee agreed to hold the fourth Intersessional meeting of the Working Group on Reduction of GHG emissions from ships later in the year. This working group will be tasked with developing a programme of follow-up actions to the Initial Strategy; further considering how to progress reduction of GHG emissions from ships in order to advise the committee; and reporting to the next session of the MEPC (MEPC 73), which meets 22-26 October 2018.

    IMO has already adopted global mandatory measures to address the reduction in GHG emissions from ships. IMO is also executing global technical cooperation projects to support the capacity of States, particularly developing States to implement and support energy efficiency in the shipping sector.

    Initial IMO strategy on the reduction of GHG emissions from ships includes the following:

    Vision:  IMO remains committed to reducing GHG emissions from international shipping and, as a matter of urgency, aims to phase them out as soon as possible in this century.

    Levels of ambition

    The Initial Strategy identifies levels of ambition for the international shipping sector noting that technological innovation and the global introduction of alternative fuels and/or energy sources for international shipping will be integral to achieve the overall ambition. Reviews should take into account updated emission estimates, emissions reduction options for international shipping, and the reports of the Intergovernmental Panel on Climate Change (IPCC ). Levels of ambition directing the Initial Strategy are as follows:

    .1 carbon intensity of the ship to decline through implementation of further phases of the energy efficiency design index (EEDI) for new ships

    to review with the aim to strengthen the energy efficiency design requirements for ships with the percentage improvement for each phase to be determined for each ship type, as appropriate;

    .2 carbon intensity of international shipping to decline 

    to reduce CO2 emissions per transport work, as an average across international shipping, by at least 40% by 2030, pursuing efforts towards 70% by 2050, compared to 2008; and

    .3 GHG emissions from international shipping to peak and decline

    to peak GHG emissions from international shipping as soon as possible and to reduce the total annual GHG emissions by at least 50% by 2050 compared to 2008 whilst pursuing efforts towards phasing them out as called for in the Vision as a point on a pathway of CO2 emissions reduction consistent with the Paris Agreement temperature goals.

    Note: The Paris Agreement on climate change was agreed in 2015 by Parties to the United Nations Framework Convention on Climate Change (UNFCCC) and entered into force in 2016. The Paris Agreement central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. The Paris Agreement does not include international shipping, but IMO, as the regulatory body for the industry, is committed to reducing greenhouse gas emissions from international shipping. 


2018 August 15

18:33 Equinor extends partnership with The Arctic Race of Norway
17:56 Port Kavkaz seven-month volumes soar 30% Y/Y to 25.21 million tonnes
17:36 Russian Gov't to allocate RUB 500 million in subsidies to support small-tonnage fishing ships construction, Rosrybolovstvo says
17:34 Maersk Line to rise rates from Far East to East Coast South America
17:30 Yang Ming orders ten 2,800 TEU containerships
17:19 Nor-Shipping 2019 takes place in Oslo and Lillestrøm, Norway, from 04 to 07 June 2019
16:05 New Times Shipbuilding announces delivery of oil tanker
15:04 Concordia Maritime AB announces interim report for H1 2018
15:04 Rosrybolovstvo looks into building a series of three RVs as from 2020
14:12 Multipurpose Reloading Complex spends over RUB 600,000 on employee benefits and rewards programme
13:20 Konecranes to deliver more electric RTGs to Luka Koper in Slovenia
13:02 Join Marinet Conference at SMM 2018, Hamburg
12:32 Prime Minister Dmitry Medvedev gives green light to NLR construction project
12:01 WW Ocean presents new-look trade maps resembling public transit maps
11:15 Port of Vancouver posts H1 2018 results
10:41 Aker Solutions wins orders for Liuhua power umbilical systems in China
10:21 Nor-Shipping 2019 devotes entire hall to new focus on Blue Economy
10:05 Crude oil futures drop 0.22% to $72.3 in London and 0.48% to $66.72 in New York
09:29 Bunker prices at Port of St. Petersburg show mixed movements

2018 August 14

18:30 Hapag-Lloyd annonces General Rate Increase from East Asia to USA and Canada
18:12 FE Railways' loaded freight in Jan-Jul up 2% to 28.2 million tonnes
18:07 Hapag-Lloyd changes terminals at Genoa on its MPS service
17:47 British Ports Association launch Sustainable Development Resolution
17:45 Euro Tank Terminal extends jetty at the port of Rotterdam
17:31 MEYER WERFT holds float out procedure for cruise ship for AIDA Cruises
17:29 APM Terminals launches online customer platform in Bahrain
17:27 MED MARINE delivers a 24m ASD Tug from Turkey to Estonia
16:24 Offshore installation vessel starts work on Belgium’s largest offshore wind farm
15:44 Logistec Corporation declares quarterly drvidends on shares
15:21 Vessel Performance Optimisation Forum Singapore initial speakers announced
15:02 Danaos Corporation announces closing of comprehensive debt refinancing
14:16 Sea Port St. Petersburg earmarked over $337,000 for bonus and social responsibility programmes
14:13 TTS Group ASA secures new contracts for access equipment and cranes for two reefer vessels
14:06 Ports of Primorsk and Ust-Luga support green shipping, to implement incentives for LNG-powered ships as from August 15, 2018
13:39 Bunker prices in Far East seaports edge down
13:14 ExxonMobil is first to supply via an independently accredited MFMS in ARA
13:10 Port of Brisbane announce a successful bid for funding of Heavy Vehicle Safety Around Ports project
12:13 HHLA posts operating result for H1 2018
11:29 Rosterminalugol’s seven-month coal throughput hits the 13-million tonne mark
11:11 Crude oil futures price rises to $73.28 (London) and $67.81 (New York)
11:01 Diana Shipping announces continuation of time charter contract for m/v Protefs and a new time charter contract for m/v Nirefs with Hudson
10:58 GeoSea has taken delivery of self-propelled DP2 jack-up vessel ‘Apollo’
10:09 Safe Bulkers announces acquisition of a Capesize class dry-bulk vessel
09:30 Consolidated Marine Management selects ABS Advanced Solutions Enterprise Asset Management
09:14 Baltic Dry Index gains 18 points edging up to 1800pts mark
09:00 ABP to develop new technologies with Rolls Royce and Svitzer

2018 August 13

18:41 Port of Helsinki seven-month volume grows 10% to 8.88 million tonnes
18:27 Russian Gov’t to lend a helping hand to BAM and Transsib modernization project
18:23 HII awarded advance planning contract for CVN 74 RCOH
17:54 Nord Stream 2 submits application and EIA for an alternative route in Denmark
17:47 Board of Harbor Commissioners promotes Casey Hehr as Port of Long Beach Security Director
17:42 NYK to participate in demonstration project to remotely operate a ship
17:15 VT Halter Marine, Inc. launches VDOT's new ferry Powhatam
16:43 Swire Seabed's Seabed Worker commences new project with the Norwegian Petroleum Directorate (NPD) to collect seabed data in the Norwegian Sea
16:38 Spot market price for Russian M100 product ended last week higher at nearly RUB 18,000 / pmt
16:24 RKS-ENGINEERING chosen as the Krasnoyarsk Dam Shiplift overhaul project contractor
15:19 Cammell Laird launches Leander Frigate website following worldwide interest
15:03 Sea Port of St. Petersburg spends RUB 15,8 mln on OH&S programmes
14:05 Yang Ming named Provider of the Year 2018
13:43 PortNews to host live webcast of Marine Robotics: Laws, Applications, Technologies Roundtable, in Moscow and Vladivostok, August 24