• 2020 February 13 16:37

    European Union prepares to provide a subsidy for a project to store CO₂ from industry in Antwerp, Ghent, Zeeland and Rotterdam

    The European Union is prepared in principle to provide a subsidy for a project to store CO₂ from industry in Antwerp, Ghent, Zeeland and Rotterdam beneath the North Sea, Port of Rotterdam said in its release. This was revealed in the list of energy projects that the European Parliament approved on Wednesday, 12 February 2020 and that, as a result, received ‘Project of Common Interest’ (PCI) status.

    The Porthos project is in preparation in Rotterdam. This will enable various companies to supply CO₂ to a transport pipeline that runs straight through the port area. The CO₂ will be transported via this pipeline to an empty gas field beneath the North Sea for permanent storage. Industry in Antwerp, Ghent, Terneuzen and Vlissingen does not have access to empty gas fields off the coast. Investigations will be conducted to assess whether this industry can be connected to the Rotterdam system via a pipeline. The objective is to emit less CO₂ into the atmosphere, helping to combat climate change.

    The capture and storage of CO₂ (Carbon Capture and Storage, CCS) is one of the tracks in the transition towards a climate-neutral industry by 2050. Other tracks include the production of green hydrogen, electrification, use of CO₂ and recycling. It is expected that CCS will be used in the relatively short term and that in the longer term more fundamental changes in the industry will be possible. CCS enables CO₂ to be removed from the atmosphere within a relatively short period of time and for relatively low costs. Collaboration on this keeps the costs as low as possible.

    The port management (North Sea Port, Port of Antwerp and the Port of Rotterdam Authority) are jointly investigating how the infrastructure between the ports should look. They are doing this under the name ‘CO₂ TransPorts’. As the European Union considers CCS to be an important tool in combating climate change, the CO₂ TransPorts research has received PCI status. CCS also plays an important role in the European Green Deal as a means to combat climate change. In 2020, the three ports can apply for a subsidy from a European fund for infrastructure, the ‘Connecting Europe Facility’. The PCI status is valid for two years (2020 and 2021). After this, the companies must submit a new application.

    Industry in the ports of Rotterdam, Antwerp and North Sea Port are already connected by various pipelines. Pipelines are a reliable, safe and environmentally friendly means of transport. The refineries in Antwerp and Vlissingen have been obtaining crude oil by pipeline from Rotterdam for years.

    In Rotterdam, the Port of Rotterdam Authority, Gasunie and EBN are now collaborating on Porthos: the system for the transportation and storage of CO₂ beneath the North Sea. According to planning, the first CO₂ will be stored by the end of 2023. The first phase is expected to only involve CO₂ from companies in Rotterdam. In the meantime, North Sea Port and the Port of Antwerp will be investigating the options of laying joint pipelines in their areas to which industry can connect. These local pipelines could then be connected with Rotterdam Porthos in a subsequent phase. As well as studying the feasibility, CO₂ TransPorts will also be investigating the timing and amount of CO₂ that can be stored.




2020 April 5

14:33 Huntington Ingalls Industries awarded $1.50 billion contract for the construction of LPD 31
13:27 PGS completes acquisition on Kwanza Shelf and releases fast-track data
12:13 Viking launches new channel VIKING TV with daily cultural content
11:29 Crowley tugs work together to load LP Odyssey launch platform for offshore ship transfer
11:06 APL announces arrangement for cargo bound for Chittagong
10:14 U.S. Navy selects HII to provide logistics support for surface ships and submarines

2020 April 4

16:41 Bollinger delivers the 38th FRC Harold Miller to the USCG
15:21 APL announces new LSS as from May for Trans-Pacific eastbound market
14:47 Viking announces Mississippi River cruises
13:34 Iridium partner Globalsat equips Argentine Navy’s Fortuna III yacht with Iridium Certus® Service
12:23 BlueWater Reporting posts report on COVID-19’s impact on China’s box volumes, economy
11:08 Torqeedo's milestone 100,000th electric drive goes to Spirit Yachts

2020 April 3

18:42 Concordia Damen nominated to build new, sustainable training vessel for STC Group
18:27 Diana Shipping announces time charter contract for m/v Alcmene with Cargill
18:07 Breakbulk Europe to take place from 29 September to 1 October 2020
17:51 Northern Sea Route cargo traffic in 3M’2020 totaled 7.83 million tonnes, up 7.7% YoY
17:28 ECSA Board: Shipping industry keeps Europe running but will need more EU support to recover
17:14 Tallink continues transporting passengers on Tallinn-Helsinki route
16:50 GT Morstoy completed slope protection under LUGAPORT project
16:25 World Maritime University stays connected in uncertain times
15:46 FESCO provided agent services for vessel delivering platform of Sea Launch spaceport to Primorye Territory
15:22 Rosmorport's Azov Basin Branch carries out measures to prevent COVID-19 spread
14:57 New bunker alert service available for BIMCO members
14:33 NUTEP recognized as best in Basic business activities nomination of Best Stevedore contest
13:49 DeloPorts continues to operate despite quarantine and days off in Russia
13:24 AS Tallink Grupp published its statistics for March and first quarter of 2020
13:01 Zeebrugge Port Authority facilitates extra ground for port users in need due to corona crisis
12:40 Crisis caused by Covid-19 brought changes and highlighted new opportunities for port of Riga
12:18 Sea Port of Saint-Petersburg JSC arranged testing of its employees to detect coronavirus
12:15 Ocean Yield ASA announces delivery of modern dry bulk vessel with long-term charter
11:52 Vladimir Solodov appointed as Acting Governor of the Kamchatka Territory
11:00 Samherji Holding granted an exemption from mandatory bid obligation in Eimskip
10:49 Сorvettes of RF Navy's Baltic Fleet completed training anti-submarine missions at sea
10:21 Brent Crude futures price is down 4.51% to $28.69, Light Sweet Crude – down 5.73% to $23.87
10:00 Bunker prices continue falling at the port of Saint-Petersburg, Russia
09:42 Viking Line continues service in the Baltic Sea
09:36 Yury Bezdudny appointed Acting Governor of Nenets Autonomous Area
09:18 Baltic Dry Index is flat at 624 points
09:09 MABUX: Bunker market this morning, Apr 03
08:33 Ocean Network Express issues its first electronic Bill of Lading

2020 April 2

18:27 FSL Trust completes disposal of crude oil tanker
18:07 CMA CGM announces that this Low Sulphur Surcharge is not applicable
17:54 Aleksandr Tsybulsky appointed as Acting Governor of Arkhangelsk Region
17:31 MAN Energy Solutions's low-speed, dual-fuel engines pass 1,000,000 operating hours
17:16 VARD secures contract for one stern trawler for Framherji
16:59 DHT Holdings announces time charters for six of its VLCCs
16:30 Navigation season opens on the Lower Volga
15:48 PGNiG commences operations at Klaipėda LNG Reloading Station
15:15 World’s largest and most efficient krill trawler to be designed by Wärtsilä
15:13 SMM: Shipping industry steers towards digitalisation
14:49 Bunker prices show no considerable changes at the Far East ports of Russia (graph)
14:26 Vitol Group establishes foothold in Singapore bunker operations
14:02 A.P. Moller - Maersk completes acquisition of Performance Team
13:37 Law ranking heavy fuel oil as medium distillate comes into effect
13:14 Hapag-Lloyd announces GRI from East Asia to East Coast and West Coast of South America, Mexico, Caribbean and Panama
12:52 Covid-19: Passenger transportation by seaborne transport and traffic of small-size ships banned in Crimea
12:25 ABP update: port operations remain open for business
12:01 ABS expands remote survey services
11:28 IMO urges keyworker exemptions for crew changes and repatriations
11:18 Tallink Grupp’s vessel Victoria I to make two return trips on Tallinn-Helsinki-Tallinn route on 2-3 April