• 2011 September 15 06:59

    ICS urges shipowners to get EEDI

    The Board of Directors of the International Chamber of Shipping (ICS), whose member national shipowners’ associations represent all sectors and trades and over 80% of the world merchant fleet, met in London on 13 September.CO2 Regulation ICS members expressed great satisfaction with the adoption in June, by the International Maritime Organization (IMO), of a package of technical regulations to help the shipping industry further reduce its CO2 emissions on a global basis.  ICS members stressed that this demonstrated that IMO was eminently capable of regulating shipping’s CO2 emissions, and that with the full support of the industry IMO was ahead of the curve and well placed to supplement this with the development of Market Based Measures for shipping.  The ICS Board reiterated the preference of the majority of the industry for an environmental compensation fund, to which any contributions by ships would be primarily linked to fuel consumption, rather than an emissions trading scheme.      
    Now that IMO has adopted binding regulations, that will enter into force in 2013, ICS hopes this will be sufficient to dissuade governments from pursuing detailed CO2 rules for shipping at the UNFCCC or through regional requirements, for example by the EU.  Such alternative measures would only be likely to apply to a proportion of the world fleet and would therefore deliver far smaller total emission reductions than global measures agreed through IMO.  Such alternative measures would also fundamentally upset the global level playing field that the shipping industry needs to carry world trade efficiently.
    “ICS national associations will be lobbying their governments hard on these points, and in support of IMO, in advance of the next United Nations Climate Change Conference, in Durban in December.” said ICS Chairman, Mr Spyros M Polemis.  
    EDDI
    With respect to the adoption of the IMO Energy Efficiency Design Index (EEDI), which must be applied to new ships, the ICS Board considered the theoretical right of flag States to issue waivers to shipowners taking delivery of new ships, which had been agreed by IMO for political reasons in order to allay concerns amongst developing nations.  The ICS Board concluded that no responsible shipowner would want to order a new ship (that was covered by the new IMO regulation) without an EEDI, since this would almost certainly impact on in its ability to trade.
    Mr Polemis explained  “As a signal of good faith and commitment to the uniform global implementation of the IMO agreement on CO2, ICS strongly recommends that all ships of a type for which the index has already been agreed should be delivered by shipyards with an EEDI - regardless of any flag State waiver that might be available for a limited time.”    
    Having taken this decision in principle, ICS will be developing guidance to explain the implications of this recommendation to shipowners within the next few weeks.
    Piracy
    The ICS Board reviewed the continuing piracy crisis in the Indian Ocean, with over 3,000 seafarers having been kidnapped for ransom by Somali pirates since the situation first developed three years ago.
    ICS members agreed to use every opportunity to continue highlighting the severity of the crisis, and the reality that the international community has ceded control of the Indian Ocean to criminal gangs, despite the best efforts and dedication of military navies in the area.
    “The truth about governments’ failure, and the terrible suffering endured by captured seafarers, might be unpalatable to many politicians.” said Mr Polemis. “But our expectation is that the frequency of attacks against shipping will escalate again dramatically, once the monsoon season is over.  The current military response – with only a handful of navy ships available to provide protection on any given day – has just been a sticking plaster on a gaping wound.   We have still not yet seen the political will from governments needed to develop a comprehensive military strategy that will have a decisive impact.
    “It is ironic that the world has just marked the anniversary of the tragic events of ‘9/11’, following which very radical measures were taken, such as the IMO ISPS Code, to reduce the possibility that shipping might be used by terrorists to attack society at large – measures that have cost the shipping industry billions of dollars to implement.  However, for all the talk of maritime security during the last 10 years, governments have so far failed to protect shipping, and the smooth flow of world trade, from being literally held to ransom by Somali criminals.”         

2024 May 17

14:43 MITSUI E&S and PACECO commence commercial operations of world's first hydrogen fuel cell zero emission RTG crane at Port of Los Angeles
14:23 ILWU Canada agrees to delay serving 72-hour strike notice on employer DP World Canada
13:31 Barge hits a bridge in Texas, damaging the structure and causing an oil spill
13:10 Container shipping costs on EU-S. Korea route surge over 30 pct amid Red Sea crisis
12:43 DP World invests €130m in Romania
12:21 Astrakhan hosts Russia-Iran talks on shipping cooperation on International North-South corridor
11:41 Seatrium awarded repeat FPSO integration contract from SBM Offshore
11:04 Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping
10:41 Electramar christened in Helsinki
10:07 IMO Secretary-General spotlights seafarer safety amidst ongoing Red Sea attacks and resurging piracy
09:58 MABUX: Bunker Outlook, Week 20, 2024

2024 May 16

18:11 Kongsberg and Torghatten to develop self-driving ferry service linking Trondheim and the Fosen peninsula
17:42 “K” Line сonducts first trial use of B100 biofuel for carbon-free operations on car carrier
16:35 Deltamarin and ECOLOG unveil LP LCO2 carrier design
15:40 Seadrill enters agreement to sell its Qatar jack-up fleet
15:24 Scan Global Logistics and Hapag-Lloyd enter into major biofuel agreement in a new Green Collaboration
14:48 Edison Chouest feeder fleet for U.S. offshore wind market to be built to ABS Class
14:03 The Australian Government announces a funding package of $7.1 billion for budgeted programs to be administered by ARENA
13:54 The share of the idle container vessel fleet was 0.9% in April - Sea-Intelligence
13:25 The European Commission grants PCI status to CO2 value chain project developed by MOL with partners
12:14 HHLA's revenue decreased by 0.3 percent to € 363.6 millions in Q1 2024
11:42 MOL and TotalEnergies sign time charter contracts for 2 newbuilding LPG-fueled LPG carriers
10:40 Kalmar and Uniport Livorno agree on new terminal tractor order to enhance reliability, safety and service quality at Italian terminal
10:04 AMSA collaborates on a trial providing more recycling options for visiting foreign ships
09:59 SunGas Renewables and C2X announce strategic partnership

2024 May 15

18:07 MOL holds naming ceremony for newbuilding LNG carrier Greenergy Ocean to serve China National Offshore Oil Corporation
17:30 ClassNK and StormGeo mark significant collaboration to advance maritime decarbonization
17:02 Newly certified methanol valves to improve dual-fuel shipbuilding
16:45 HD KSOE to lease Subic shipyard in Philippines
16:25 Eidsvaag receives two forage carrier vessels designed and equipped by Kongsberg Maritime
15:58 ADNOC delivers first ever bulk shipment of CCS-enabled certified low-carbon ammonia to Japan
15:35 World's 1st wind challenger-equipped coal carrier achieves fuel savings of 17%
14:57 LR to support the retrofit of two Stena Line ferries to methanol
13:52 Port of Los Angeles nets record $58 million for harbor maintenance
13:32 CMA CGM to launch MCX - West Coast Central America
12:51 Port of Long Beach cargo volumes up 14.4% in April
12:21 First Ro-Pax vessel receives DNV Silent notation following successful sea trials with Wartsila propellers
11:41 Hapag-Lloyd transport volumes increased by 6.8 percent to 3 million TEU in Q1 2024
11:10 Cavotec signs two-year service agreement with Port of Salalah
10:41 China overtakes Korea in global shipbuilding competitiveness
09:58 The ports of Rotterdam and Delft join the CLARION project

2024 May 14

18:02 ICTSI to invest in new Southern Luzon gateway
17:31 ACL, BG Freight Line and Peel Ports Group start container service between Ireland and North America
17:10 Port of Hamburg is the first port in Europe to offer shore power for both container and cruise ships
16:31 Port of Gothenburg launches the platform "Digital Port Call"
16:18 NS United, NSY, Imabari Shipbuilding and Japan Marine United Corporation sign MOU for the construction of Cape-size bulk carriers using dual methanol fuel
15:56 Port of Antwerp-Bruges launches the world's first methanol-powered tugboat
15:29 The Ports of Barcelona and Shanghai will work together on innovation and decarbonisation projects
13:55 AD Ports Group announces Q1 results
12:58 NYK, NBP, TSUNEISHI SHIPBUILDING and Drax sign MOU to develop ‘bioship’ technology and plans to construct the world’s first biomass-fuelled ship
11:30 Maris Fiducia team up with HAV Hydrogen, Norwegian Hydrogen and Ankerbeer for zero emission bulk shipping
11:05 ABS and HD Hyundai Group sign MOU to advance medium-voltage power systems on ships
10:43 Finnlines’ new freight-passenger Superstar-class vessel Finnsirius awarded by Shippax
10:23 Kongsberg Maritime to design and equip two new salmon farm forage carrier vessels for Norwegian coastal cargo carrier Eidsvaag AS
09:48 Yara International and Kongsberg Digital enter collaboration on digital twin technology

2024 May 13

18:00 Capital dredging commences for Lowestoft Eastern Energy Facility
17:06 Berlin’s oldest passenger vessel enters a new green era powered by Torqeedo
16:22 Russia’s seaborne diesel trading partners shifted after Feb 2023 sanctions
16:18 Denis Manturov: Russian shipyards to deliver more than 110 civil ships this year
16:05 CMA CGM and China’s Contemporary Amperex Technology plan to set up joint venture
15:39 Yara Clean Ammonia and AM Green sign term sheet for sale of renewable ammonia from India to Yara Clean Ammonia’s global market
15:23 Maersk suspends methanol ship order to Chinese shipbuilder
14:59 Hamad Port сontainer volumes up 30% in 2023
14:04 Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
13:41 The EU plans to allocate more than $220 million to combat drug trafficking in ports
13:08 Subsea Integration Alliance awarded contract offshore Turkey
11:46 India to sign 10-year Chabahar port pact with Iran
10:22 QatarEnergy to acquire two new exploration blocks offshore Egypt
09:51 IMO promotes safe ship recycling in Bangladesh

2024 May 12

16:09 Yang Ming reports net profit of US$ 298.42 million for Q1 2024