• 2022 May 25 10:30

    Xycle to start construction of its first plastic recycling plant in the port of Rotterdam at the end of 2022

    Xycle is about to commence construction of a plant in the port of Rotterdam that will convert 20,000 tons of non-mechanically recyclable plastic into high-quality sustainable raw material annually. For this purpose, the Rotterdam Port Authority has leased a site at Rijndwarsweg in Europoort to Xycle.

    Construction of this first Xycle plant is scheduled to start in the fourth quarter of 2022. This will provide the chemical industry with a responsible alternative raw material for the production of new plastics.

    Xycle is a joint venture of NoWit, Patpert Teknow Systems and Vopak. The company has been working for 14 years on a technique for converting on a large scale non-mechanically recyclable plastic waste into secondary raw materials of virgin quality through chemical recycling. This includes heating mixed plastic without adding oxygen. It does not burn, but disintegrates and can be used again as a raw material. Xycle’s technology has now been tried and proven. Xycle expects to receive the environmental and building permits in the third quarter. This means construction of the plant can start at the end of this year, and is expected to be operational in the fourth quarter of 2023.

    In addition to this plant, which converts 20,000 tons of plastic into approximately 20 million liters of liquid hydrocarbons (pyrolysis oil), Xycle wants to operate plants with a capacity of 80 to 100,000 tons per year. In addition, Xycle’s depolymerization technology must be rolled out worldwide. In the coming years, Xycle wants to realize several of these larger plants in various locations in the world.

    Currently, less than a quarter of all plastic waste worldwide can be recycled. The rest ends up in landfills, is incinerated or dumped into the environment. Xycle has developed a technology to process plastic, which is difficult to mechanically recycle, in a sustainable way. For example, the (petro)chemical industry needs fewer fossil raw materials for the production of new plastics. The Xycle plant is self-supporting and runs on the fuel produced by the machine itself. Recycling plastic in this way not only requires fewer new raw materials, but CO2 emissions are also significantly lower than when mixed plastic waste is incinerated, as is now often the case.




2024 June 2

12:33 Panama Canal increases vessel draft to 45 feet ahead of schedule and before rainy season arrives
10:27 FMC: Compromise agreements yield over $2.3 million in penalties and changes to business practices

2024 June 1

14:33 Saipem strengthens its E&C fleet with bareboat charter of latest generation heavy lift pipelay vessel
12:11 Adani Ports signs 30-year concession to operate CT2 at Dar es Salaam Port
11:28 Singapore has seen a significant increase in vessel arrivals in Jan-Apr 2024
10:57 ONEX Shipyards joins Green Award Foundation to provide incentives to frontrunner shipping companies
09:53 Russia to supply up to 70 million tonnes of grain to global markets in 2024, official says

2024 May 31

18:06 Fratelli Cosulich Group celebrates the new vessel "Marta Cosulich"
17:36 Eight investment schemes submit an EoI for the acquisition of a majority stake in the share capital of the Lavrio Port Authority
17:12 Fairchem Pathfinder completes its inaugural LNG bunkering operation in Singapore
16:41 Fortescue plans to order five very large ammonia carriers
16:25 Antong acquires Sinotrans Container Lines and China Merchants RoRo Transportation from China Merchants Energy Shipping Company
15:42 SWS and X-Press Feeders sign contract for four 11,000 TEU methanol-fueled boxships
15:23 Avenir LNG launches ship-to- ship LNG bunker supply in the port of Lubeck
14:42 PSA Singapore and PIL successfully trial a low-carbon end-to-end shipment
14:12 China's container throughput at its ports rose 9 percent year on year in Jan-Apr 2024
13:44 Swedbank sets climate target for shipping portfolio
12:49 Ship traffic to resume in Turkey's Bosphorus Strait after brief suspension
12:23 Global schedule reliability drops back to January 2024 levels
11:59 ABS and HD Hyundai Heavy Industries sign JDP to advance 3D printing
10:48 AD Ports Group and Economic Development Board of Madagascar sign MoU
10:27 Metrans expands terminal area in Dunajská Streda
09:58 DNV validates Norsepower’s new EEDI/EEXI calculation method

2024 May 30

18:06 RINA unveils Strategic Plan to reach 2 billion euros by 2030
17:21 Seaspan Shipyards unveils digital model of Canada’s heavy Polar Icebreaker
17:10 “K” Line announces delivery of a Capesize Bulk Carrier fueled by LNG "CAPE HAYATE" for JFE Steel Corporation
16:40 KOMIPO and Vitol extend long term LNG supply contract
16:02 HD HHI to build naval MRO service base in Philippines
15:58 Danaos adds four more vessels to its order book
15:25 Saudi Aramco to reportedly sell $10 billion to $20 billion worth of shares in new offering
14:43 Subsea7 awarded ‘super-major’ contract offshore Brazil
14:13 TECO 2030’s fuel cell runs at 100% power capacity in test bed
13:42 Platform ship Marechal Duque de Caxias arrives in Brazil on its way to the pre-salt layer
13:17 First shore power for seagoing vessels arrives at Antwerp Euroterminal
12:44 EU sets higher tariffs on Russian and Belarusian grain products
12:21 Sea-Intelligence: Brexit leads to 24% ETS North Atlantic savings
12:08 MABUX: Bunker Outlook, Week 22, 2024
11:51 Cargotec starts the sales process of MacGregor
11:24 NYK and CMLNG jointly establish a ship-management company for LNG carriers "OPearl"
09:56 LR and REGENT partner on certification for all-electric seaglider

2024 May 29

18:00 Kongsberg Discovery completes an underwater demonstration of an autonomous underwater vehicle for the US Navy
17:07 CMA CGM Symi receives LNG from North America’s largest LNG bunker barge
16:47 ABS-classed SOV ECO EDISON launched
16:21 Brittany Ferries, Wartsila and Incat partner on zero-emissions ferry project
15:37 Huisman to deliver deepwater Knuckle Boom Crane for Coastal International Marine
15:13 Wintershall Dea installs template on Dvalin North field
14:55 Hyundai Glovis orders six dual-fuel LNG car carriers in China
14:22 IMO Member States call for an immediate end to ongoing attacks on ships and seafarers transiting through the Red Sea and Gulf of Aden
13:42 USCG Guidance on the use of power-limiting devices to ensure safe navigation
13:22 U.S. biodiesel imports have doubled since 2022 due to low prices in Europe
12:41 MAN Cryo to design hydrogen supply for net-zero Norwegian ferries
12:21 Wartsila Lifecycle Agreement to ensure operational reliability for two Japanese ferries
11:35 Alfa Laval introduces PureBallast 3 Ultra ballast water management system
11:10 Van Oord wins contract for Nordseecluster offshore wind project
10:40 Greek shipowners could face €1bn EU ETS costs
10:02 The Panama Canal expects up to 32 ships to cross daily as of June 1st
09:48 Marine fuel cells better suited for auxiliary power than propulsion – MMMCZCS

2024 May 28

18:02 Boluda Towage acquires British company SMS Towage
17:16 TE H2 and VERBUND sign MoU with the Republic of Tunisia to study the implementation of a large green hydrogen project
16:42 China’s bonded bunker fuel imports fell in April – JLC
16:15 European Commission approves up to €1.4 billion of State aid by seven Member States for the fourth Important Project of Common European Interest in the hydrogen value chain
15:52 Finnlines inaugurated its new line in Malmö
15:26 Yangzijiang Shipbuilding’s order book rises to record US$16.1 billion
14:52 Cochin Shipyard bags new order for construction of new generation hybrid wind farm Service Operation Vessels
14:18 HD Hyundai Heavy aims to top 5 tln won in naval vessel sales by 2035
13:41 RINA hits 800 million euros in 2023 revenue
13:21 COOEC appoints ABL for Safaniya jacket installations
12:41 The Canada Infrastructure Bank investment to improve flow of Canadian exports through Port of Prince Rupert
12:21 Cyprus cancels the contract for the reconstruction of the port and marina of Larnaca
11:42 Vår Energi signs an agreement with the OGMP to improve the accuracy and transparency of methane emissions reporting