• 2021 January 21 12:36

    UECC opening doors to a sustainable future

    Those who have been following the development of sustainable shipping will recognize the UECC name. Those who have been following UECC will know why: with two duel-fuel LNG ships on the water and three battery-hybrid LNG vessels on the way, UECC is making investments that make it possible to see a path to sustainable shipping.

    These moves have put UECC far ahead of compliance requirements for emissions reduction. CEO Glenn Edvardsen explains the thinking behind the investments: “We are aware of the climate challenge that the world is facing, and we know it is everyone’s responsibility to try and make a difference. This also means helping others if you can. UECC is trying to provide the possibility for green transport so that our customers can join in and make a difference. That is our motivation. We genuinely want to provide this alternative.”

    The first best choice

    For UECC, that means that acting now. “We can’t just wait twenty years for the optimal solution,” Edvardsen states. “When we built the dual fuel vessels, we knew that LNG would not be the ultimate future fuel, but it is the best available option now.” UECC is banking not just on LNG as fuel, but also on the infrastructure supporting duel fuel. “We can use LNG, but also synthetic oil or biogas, to mention only a couple of alternatives. The present structure allows for progress in several possible directions.” The same pragmatic thinking applies to the batteries on their new ships, Edvardsen says: “They will not be for pure propulsion, but they will allow us to take the next step, to squeeze even more transport out of the fuel we burn and reduce emissions even further.”

    While UECC is confident of its choices thus far, Edvardsen is on guard against inertia. “We know well enough what we have to do, but we don’t want to become complacent. We will continue to try any good option.” Still, he observes, no company can afford to throw money at every new idea. “The interim solution needs to be viable too. There are many decarbonization solutions already available, but they might not be sustainable. Some of the potential solutions can be very expensive, so we need to work at making the smart choices.”  

    Emissions gaining currency

    Edvardsen relates that emissions have become a part of contract negotiations. “Every potential customer sends us emissions paperwork to fill out. They are eager to understand the emissions picture, and they are logging and documenting it for use in meetings and audits. They are feeling the pressure from their own customers and from regulators, so it comes back to us being able to help them,” he says.

    “It would not be hard to get them onboard if there were no price tag. We can provide them the opportunity to join us, and we are doing this as competitively as possible,” Edvardsen confirms. But change never comes free: “Everybody has to be willing to contribute. It’s more about sharing the burden. The payoff is being able to lower emissions. That’s what they will achieve.”

    Team spirit driving progress

    Owners Wallenius Lines of Sweden and NYK of Japan are enthusiastic backers of UECC’s green initiatives. “It is UECC’s mission to be the sustainable leader in the short sea segment. That is the company vision, and our owners are very supportive of this effort,” Edvardsen reports. “Wallenius has a long tradition of taking the lead on sustainable issues. It’s in their DNA, not only this time around but historically. NYK is the same, a big company with strong commitment to Environmental, Social, and Corporate Governance going forward, and they stand fully behind our efforts to reach sustainability. It helps to have such good support. All the sudden there are three of us in the game.”

    To compliment their supportive ownership, Edvardsen tells that UECC strives for a proactive, inclusive culture: “Many of our initiatives are bottom-up. Whenever our people see something of interest, they bring it up. We are proud that we can motivate everyone in the UECC organization to take the initiative. We have a team of highly motivated, qualified, dedicated and smart people, and they know we need to make this change together. For us, that’s what makes it fun to come to work.”

    The view from in front

    Edvardsen notes that UECC continues to build advanced vessels while others in the segment are not building at all. “We take a long-term view on things. We know not everything will pay off tomorrow, but we believe in what we are doing. We accept that the one in front needs to work a little harder. Even if not everyone is following now, we know this is the only way forward.”

    He trusts that markets will reward this attitude: “Stakeholders along the whole supply chain have become very well informed. The level of engagement is different today from what it was only a few years ago, and the awareness curve is steep. People understand that someone has to make the first move if we are going to see real change.”

    A call to action

    “A lot has happened with sustainability in a little time, but we are not there yet. We have no option but to continue, and the industry needs to embrace this,” Edvardsen maintains. “Shipping has been talking about the green shift for years. Now we have to put words into action. If we don’t make a change now it will be too late.”

    While acknowledging the urgency of action, he cautions against making perfect the enemy of the good: “It’s important not to try and do everything at once. We have to find motivation in doing what is possible now and building on that. The biggest mistake you can make right now is not doing anything.”

2021 March 2

19:00 Zelenodolsk Plant lays down two high-speed passenger hydrofoils of Project 03830, Meteor-2020
18:45 Crowley promotes Dan Warner to Chief Financial Officer
18:05 The RSS Sir David Attenborough delivered to LR Class
17:54 Manufacture of auxiliary drilling modules for ice-resistant platform LSP “A” is underway
17:47 TORM purchases eight MR product tankers with chemical trading capabilities from TEAM Tankers in a partly share-based transaction
17:39 Inchcape’s new Port Cost Estimator is missing link in voyage cost puzzle
17:28 CMA CGM acquired a 50% interest minus one share in TTIA container terminal in Algeciras, Spain
17:25 First hydrogen filling station opened in Amsterdam port
17:21 Framo will supply pumping systems for foundations of Scotland’s largest offshore wind farm project
17:06 Haldor Topsoe joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as Strategic Corporate Partner
16:21 USCG, partners rescue two pilots from downed aircraft off Lanai
16:15 The Prax Group agrees exclusive crude oil supply arrangement with Trafigura
15:48 Ardmore Shipping takes on commercial management of four Carl Buettner chemical tankers
15:47 Ocean Infinity acquires MMT
15:00 Bunker sales at Vladivostok port in 2M’2021 fell by 34% YoY
14:38 Tenderers sought for upcoming Port Hedland channel marker project
14:22 Local contractor wins Mt Bassett water reservoir demolition job
13:46 Mega RO-RO vessels handled in record time thanks to investment by PSA Zeebrugge
13:16 Wallenius Wilhelmsen returns three more vessels from cold lay-up
12:08 CMA CGM introduces PSS for cargo from Pakistan to North Europe, Scandinavia, Poland, Adriatic, North Africa, Morocco & the Mediterranean
12:01 Port of Antwerp carries out the first trial for increasing draught on the Western Scheldt river
11:42 Throughput of port Azov in 2M’2021 surged by 68% YoY
11:09 Four companies join forces in HAV Group ASA
10:55 Port of Tallinn comments on the claim filed by Tallink
10:38 Tallink Grupp brings legal action against Port of Tallinn
10:09 Port of Vancouver cargo throughput increased by 1% to 145.5 million metric tonnes in 2020
09:51 Oil shipments via CPC Marine Terminal in 2M’21 fell by 8.4% YoY
09:49 MABUX: Bunker market this morning, Mar 02, 2021
09:34 Oil prices go down in expectation OPEC+ meeting
09:18 Ports of Bremen container throughput down by 1.4 per cent to 51.1 million tons in 2020
09:09 Baltic Dry Index as of March 1
08:00 TORM purchases eight MR product tankers
07:53 Diana Shipping announces time charter contract for m/v Ismene

2021 March 1

17:39 Depth 2021 competition opens in the framework of the International Army Games
17:17 Vitol launches Green LNG offering
16:48 CMA CGM introduces PSS for cargo from/to North Europe to/from the Mediterranean & Black Sea
16:12 World’s largest steel company, China Baowu Steel Group, and Sibanthracite Group become strategic partners
15:34 NUTEP terminal sets new record of container handling
15:30 APM Terminals Kalundborg now operational
15:26 SEACOR Marine signs the Neptune Declaration on Seafarer Wellbeing and Crew Change
15:11 RF Navy’s small missile ship Orekhovo-Zuevo passes the Black Sea straits towards the Mediterranean Sea
13:33 Average spot market price for Russian M100 product climbed to RUB 22,193 pmt
13:12 Port of Antwerp to launch a new shipping guidance system
12:46 MOL to expand sharing of ship operation data
12:37 Finnlines announces bunker surcharge for Malmö-Travemünde-Malmö
11:48 China ports container volume rises 13.2% in January of 2021Ningbo Containerized Freight Index keep rises in February
11:46 Russian Railways' network loading declined by 0.9% in 2M’2021
11:23 Global maritime leaders to exchange ideas at Singapore’s Annual Maritime Public Leaders’ Programme
10:59 Nevskaya Environmental Dredging Company supports 4th International Congress “Hydraulic Engineering Structures and Dredging” as its Sponsor
10:41 New research: unlocking a triple-win for UK ports and shipping
10:25 MABUX: Bunker market this morning, Mar 01, 2021
10:10 Austal Philippines delivers largest high speed ferry constructed in The Philippines
09:28 Week starts with oil prices increase
09:12 Baltic Dry Index as of February 26

2021 February 28

16:13 ADNOC Logistics and Services announces strategic fleet expansion with acquisition of 6 VLCCs
15:41 Deltamarin introduces the new LNG-powered Kielmax Container Feeder design
14:07 USCG Cutter Kimball conducts maritime presence patrol in Pacific
13:29 Solstad announces contract awards in Australia
12:46 Rauma Shipyard restarts production gradually with stricter controls in place
11:03 JAXPORT to host free virtual training event for Northeast Florida small businesses