• 2011 July 21 12:38

    SA, China, Brazil, Saudi Arabia ‘likely to delay new carbon shipping measures’

    SA, CHINA, Brazil and Saudi Arabia are likely to delay until 2019 adherence to the International Maritime Organisation’s (IMO’s) newly adopted measures on reducing shipping’s greenhouse gas emissions, which come into force in 2013, Business Day reports.
    .These four developing countries led the charge that secured the waiver for new ships registered in developing nations until 2019, claiming they needed more time to acquire more advanced technologies, the IMO said. This has sparked criticism that any shipbuilder could apply for the waiver if they flag a ship in a developing country.
    The South African Maritime Safety Authority (Samsa) is to commission a study next month to determine the economic effect of the proposed changes and limits to emissions on shipping, the authority’s executive for operations, Sobantu Tilayi, said yesterday. SA had no ships registered under its flag but the country was heavily dependent on shipping, Mr Tilayi said.
    "Anything that affects the cost of maritime transport invariably affects the economy of the whole country if you accept that 98% of all trade travels by the sea," Mr Tilayi said. Fifty percent of SA’s gross domestic product comes from trade.
    "On imports the consumer bears the cost of that, while on exports it affects the competitiveness of the product at the destination market, which has a direct effect on employment for the country," he said.
    Maersk Line sustainability head Soren Stig Nielsen said the agreement was a big step forward for the industry. " Internationally, the focus must continue to be on a joint point of arrival — ideally with an incentive for shipping companies that design and invest in energy-efficient technology and innovation."
    Nedbank economist Dennis Dykes said while everyone had to contribute to emissions reductions, the move was a potential problem for SA in that countries that adopted the regime by the 2013 deadline could use it as an excuse to exclude imports from countries that did not.
    Shipping accounts for about 3,3% of the world’s manmade carbon dioxide emissions.
    An IMO study says shipping emissions could grow by 150%- 250% by 2050 if regulation is not in place.
    The regulations will apply to all new ships of 400 gross tonnage and above. Those built between 2013 and 2019 will have to improve efficiency from current design by 10%. Ships built between 2020 and 2024 will have to improve efficiency by 20% and ships built after 2020, by 30%.
    It does not apply to ships above 400 gross tonnage for which the building contract is placed four years after 2013.
    The IMO said the regulations were expected to cut emissions by 45-million to 50-million tons by 2020, but carbon market news and intelligence agency Carbon Positive said they could only be expected to slow growth in shipping emissions over coming decades instead of inducing absolute reductions.
    IMO spokeswoman Natasha Brown said it was up to flag states to impose penalties for noncompliance because the IMO, the United Nations maritime agency, was not mandated to do so. The decision is timely because the European Union had threatened to incorporate shipping into its emissions trading scheme from 2013 if the industry failed to take steps to curb its emissions.
    Peter Boyd, chief operating officer of global nongovernmental organisation Carbon War Room, said the new standards, if applied to all ships instead of just newly built ones, would save the shipping industry more than 220- million tons of carbon dioxide, and $50bn a year.

2024 July 22

18:06 Manzhouli railway port handles 2,327 China-Europe freight train trips in 1st half of 2024
17:36 NORDEN to acquire Norlat Shipping to further grow projects and parcelling activities
17:23 2024 is expected to be a record year for cruises in the port of Heraklion
16:47 ABS and the U.S. Coast Guard Research and Development Center to collaborate on maritime technologies
15:56 Trafigura Group takes full ownership of High Heat Tankers
15:46 China delivers world’s first river-sea LNG bunker and transport vessel
14:51 Hartmann receives new LNG-powered LEG carrier
14:14 Jiangnan Shipyard supplies dual-fuel VLEC gas Huanghe
13:44 ABL to support offshore installation of French-Spanish interconnector
12:53 Hanwha Ocean gets deal to join potential projects on repair of U.S. warships
12:35 Ro-Pax vessel collides with 7 cargo boats in Dhubri, India
11:42 One crew member dies in fire on Maersk-chartered container ship
10:58 Founder of Sea Shepherd arrested in Greenland
09:40 Fire-hit tanker enters Malaysia terminal area after being detained by coast guard

2024 July 21

17:39 Global IT outage disrupts operations at European box terminals
17:29 RWE secures its first offshore wind site in Australia with a capacity of up to 2 gigawatts
11:32 KBR secures advisory role for Kuwait’s renewables and hydrogen project
09:57 WSF selects ABB as propulsion single source vendor for five new hybrid ferries

2024 July 20

16:11 First hybrid ship launched at Kanellos Shipyards in Perama
14:21 DOF Group awarded multiple contracts in Brazil
12:18 HD Hyundai Heavy Industries union initiates strike procedures
10:06 Asyad Group looks to buy or operate ports in southeast Asia

2024 July 19

18:00 Global Centre for Maritime Decarbonisation concludes biofuels supply chain trials
17:10 Four Greek ports receive €10 million in CEF funds
16:47 Rauma shipyard launches the second passenger-car ferry ordered for Tasmania
16:25 MOL to invest in Carnot, a developer of technology for highly efficient engines
15:48 ABS and KRISO to advance SMR-powered vessels and floating power generation platforms
15:31 Ports of Indiana, Port of Antwerp-Bruges sign MoU
14:59 Fratelli Cosulich holds a steel cutting ceremony for the new vessel "Marta Cosulich" at Taizhou Maple Leaf Shipbuilding
14:13 Suez Canal reports 23.4% drop in annual revenue due to Red Sea crisis
13:42 Dual fuel standby vessels begin operations in Hong Kong
13:08 Bluferries, C.T.E. Perdikaris Engineering, Architectural & Technical Services and RINA announce the launch of a hybrid Ro-Ro passenger ship
12:30 DP World and Evyap Group forge new logistics hub to boost Turkish trade
12:11 Sempra Infrastructure announces EPC contract with Bechtel for Port Arthur LNG Phase 2
11:40 Two oil tankers on fire off Singapore, crew rescued
11:20 World Bank Group releases report on offshore wind development scenarios for Brazil based on analysis by DNV
10:42 FPSO Bacalhau receives AiP for abate notation from classification society DNV
10:19 Port Houston approved for cold treatment
09:55 Fujairah’s fuel oil inventories rise 5% this month

2024 July 18

18:00 South Korea slaps sanctions on Hong Kong shipping firm
17:31 IBIA seeks change to CII regulation for bunker vessels
17:06 Rem Offshore and VARD sign contract for CSOV
16:31 EU to invest record €7 billion in transport infrastructure
16:02 Port of Antwerp-Bruges throughput up 3% to 143.2 million tonnes in H1 2024
15:47 Port of Rotterdam posts cargo throughput of 220 million tonnes in first half 2024
15:30 Port of Oakland full imports rises 26.8% to 84,040 TEUs in June 2024
14:43 MSC increase own-operated service share
14:13 GTT receives an order from Dalian Shipbuilding for the tank design of two new LNG carriers
13:37 NYK acquires multiple segments of ENEOS Ocean’s shipping business
13:01 Bunker price trends in the world's four largest hubs, July 15-29 – MABUX
12:42 ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
12:12 KENC Engineering awarded with jacket seafastening scope
11:30 CMA CGM enters into a strategic partnership with Google
11:03 Port of Los Angeles container volume increases 10% to 827,757 TEU in June 2024
10:53 The Government of Canada invests in marine industry’s transition to green ship technology
10:13 Scottish Government to purchase seven new ferries
09:19 Damen signs four vessel contract with Toyota Tsusho for Angolan port development project

2024 July 17

18:05 Peninsula completes LNG bunkering for ‘K’ LINE in Gibraltar
17:36 Yangzijiang to invest $412 million in shipyard expansion
17:06 Singapore's non-oil domestic exports down 8.7% in June 2024
16:42 Damen starts steel cutting on new hybrid island class vessels for BC Ferries
16:23 Mabanaft submits permit-related approval documents for planned construction of ammonia import terminal in Hamburg
15:54 Helsinki, Tallinn ports get €15m EU funding
15:24 LNG carrier completes Arctic voyage to China in 18 days
14:45 Salvage team to start pumping fuel from grounded vessel on South African coast
14:23 Fertiglobe wins first H2Global pilot auction for renewable ammonia
13:54 Maersk says Red Sea shipping disruption having global effects
13:39 Average spot rates from the Far East to US East Coast increased by 3.7% - Xeneta
11:30 NYK completes world's first truck-to-ship ammonia bunkering of ammonia-fueled tugboat
10:52 CEVA Logistics, Almajdouie Logistics sign JV in Saudi Arabia