• 2018 April 21 14:47

    Wärtsilä welcomes global shipping’s agreement to cut greenhouse gas emissions

    The technology group Wärtsilä announces its strong support for the agreement reached last week at the International Maritime Organization (IMO) in London. The agreed plan is for shipping to reduce its greenhouse gas (GHG) emissions by 50 percent from 2008 levels by 2050, the company said in its press release.

    “This long-awaited agreement represents an important milestone for global shipping. It is critical that we have an industry-wide framework for reducing emissions, and this sends a clear signal that we should all join forces in promoting carbon-free shipping,” says Jaakko Eskola, Wärtsilä’s CEO. “The next extremely important step must be to define concrete abatement measures, and to establish a clear roadmap together with the industry and decision-making bodies.”

    Maritime transport has always played a major role in making it possible for a truly global economy to function. Shipping connects countries and markets, thus forming the backbone of international trade. The sector has, therefore, a responsibility to strive for sustainable performance in its operations so that emissions and pollutants are minimised.

    Wärtsilä has long focused its development work on introducing technologies that enable shipping to significantly lower its environmental load.

    “It is vital to note that there is no single solution for decarbonising the shipping sector while also controlling the other pollutants,” Eskola points out. “A clean-shipping future must be based on the combining of different technologies and various solutions. These will include cleaner fuels, efficient vessel designs, hybrid propulsion technologies, and intelligent vessels.”

    Increased adoption of liquefied natural gas (LNG) as a marine fuel will be needed to accelerate the reduction in GHG. The progress already made in LNG-related innovations can lower emissions of GHG from vessels by as much as 30 percent. The potential for even further reductions is being created by the constant development of new technologies. LNG as a marine fuel has a crucial role in GHG reduction roadmap, and provides the basis for other actions to even further reduce the emissions of shipping. Wärtsilä puts a great effort to create offering enabling effective utilisation of LNG.

    Digitalisation is benefitting society at large and will have a positive impact on shipping. Wärtsilä’s Smart Marine vision, which utilises high levels of digitalisation and connectivity, aims at increasing overall resource efficiency, minimising the environmental burden, and increasing the safety and reliability of maritime transport.

    “We should look beyond just vessel-level emissions. To be truly effective, we need to target everything involved in moving goods and passengers. At Wärtsilä, we envision a Smart Marine Ecosystem wherein smart vessels sail between smart ports in an environment of optimal efficiency and minimised emissions,” comments Jaakko Eskola.

    In welcoming this IMO agreement, Wärtsilä urges all relevant parties to join forces in making shipping more sustainable.

    Wärtsilä in brief:

    Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.




2018 May 25

18:07 AIDAmira joins to the AIDA Cruises fleet
17:51 Azerbaijan Caspian Shipping Company cooperates with Columbia Shipmanagement to organize internship for ACSC 20 staff members
17:42 Carbon targets for shipping can only be met with ‘zero CO2’ fuels - ICS
17:40 IMO takes first steps to address autonomous ships
17:30 Marine Technics carried supplied marine pumps MT-Azcue for cargo vessels of different types
17:18 Container Terminal St. Petersburg in 1Q invested more than € 3.5 million in development, upgrade programme
17:04 Med Marine tugboat joins the company’s harbour fleet in Turkey’s Izmit Bay
16:59 Aleksandr Bryntsev appointed as Director General of Murmansk Shipping Company (photo)
16:25 Sovcomflot to provide technical supervision for the construction of Rosneft’s new LNG-fuelled tankers
16:04 Sanmar supplies a powerful tug to Forth Estuary Towage in Scotland
15:41 SMM advance press conference covered trends in SMMart Shipping
15:04 Seaspan accepts delivery of fourth 10000 TEU SAVER containership in four ship series
14:03 Port of Oakland online shipping platform goes live
13:33 MSC Splendida enters Busan Port
13:08 Klaipėda LNG terminal receives the 50th cargo
12:32 Transport and logistics sector of Latvia continues work with Chinese partners
12:03 Panama Canal nominated as finalist for Lloyd’s List’s Environment Award
11:50 Taganrog Sea Commercial Port handled 333,000 tonnes in QI’2018, up 4% Y-o-Y
11:24 Multipurpose Reloading Complex handled 1.02 million tonnes of cargo in QI’2018, down 20% Y-o-Y
11:03 Port of Amsterdam launches digital business guide
10:49 NOVATEK and TOTAL become partners in Arctic LNG 2 project
10:27 New Belgium container connection bolsters Port of Hull
10:11 Brent Crude futures price down 0.19% to $78.64, Light Sweet Crude – down 2.25% to $43.97
09:56 Bunker prices are slightly up at the Port of Saint-Petersburg, Russia (graph)
09:33 Baltic Dry Index up to 1,109 points
09:22 ITF backs US dock workers in dispute with port authorities
08:20 Port of Vancouver makes history with the arrival of the 25 millionth
07:18 First eleven companies participate in Nextlogic

2018 May 24

19:04 Coal to Vostochny Port to be transported on Kuzbass-Vostochny Port route by innovative rolling stock
18:07 ZIM posts Q1 2018 results
17:31 Bureau Veritas publishes vital resource for decommissioning industry
17:24 Italy’s first, fully-automated gantry cranes reach Vado Ligure
17:17 Best quarter performance ever at CTSP terminal: 168,500 TEUs, a 7.8% container traffic growth
17:09 Successful testing programme with enhanced Wärtsilä’s navigation systems promotes operational safety and efficiency
16:57 MSC optimises its Transpacific-USWC network
16:15 MABUX: Bunker prices continue upward trend
15:12 UCL Port’s 1Q volumes decline 3.9% Y/Y to 9.4 million tonnes
15:10 ABS evaluation demonstrates feasibility of LPG as fuel strategy for Dorian LPG
14:58 MAN to equip world’s first LNG-powered fishing trawler
14:55 VARD secures contract for one stern trawler for Nergård Havfiske
13:06 TCSP Group’s 1Q volumes fall 8.4% Y/Y to 3.88 million tonnes
12:08 Sea Port of St. Petersburg sees strong growth in 1Q volumes
09:26 Baltic Dry Index drops 37pts to 1162 points
09:08 akquinet and IDENTEC SOLUTIONS join forces to revolutionize refrigerated container management
08:39 Maersk Line starts new transatlantic service between Europe’s Mediterranean region and Canada
08:34 Compagnie Maritime Monégasque and Damen join forces to introduce Fast Marine Access in Brazil

2018 May 23

17:54 Container Terminal Saint-Petersburg invested RUB 256 million in modernization of its facilities in QI’2018
17:27 Greece suggests arranging cruise lines to Russia
17:00 Rosmorrechflot comes out for replacement of shipbuilding subsidies with cheap financing
16:16 Agreement on Enhancing International Arctic Scientific Cooperation enters into force
15:48 New Belgium container connection bolsters Port of Hull
15:25 DALO chooses SARIS to support SAR operations
15:03 FESCO transports three transformers from Novorossiysk for Moscow central heating and power plants
14:42 Ukraine’s water transport carried 0.3 million passengers in 4M’18, down 3%, Y-o-Y
14:21 Hapag-Lloyd update on restrictions for DG cargo handling at FIFA World Cup in Russia
13:59 Cargo transportation by Ukraine’s water transport fell by 18.5% to 1.0 million tonnes in 4M’18
13:36 SASCO BoD elected Aleksey Pavlov as Director General of the company
13:13 “K” Line announces delivery of special coal carrier “CORONA XANADU”
12:52 Tallink Grupp to list shares also on Helsinki Stock Exchange
12:31 Rosmorport appoints Sergey Lyamtsev as Acting Director of its Azov Basin Branch (photo)