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  • 2023 March 19 10:36

    ABS and leading Korean players take aim at Scope 3 emissions methodologies

    Key Korean shipyards include HD Hyundai Group, KSOE, HHI, HMD, HSHI, SHI, and DSME

    ABS is leading a unique approach to advance the shipbuilding industry’s decarbonization efforts with a joint development project (JDP) involving all the leading Korean shipyards plus the classification group Korean Register to address a growing need in the calculation of greenhouse gas (GHG) Scope 3 emissions, the classification society said.

    With key Korean shipyards HD Hyundai Group, Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI), Hyundai Mipo Dockyard (HMD), Hyundai Samho Heavy Industries (HSHI), Samsung Heavy Industries (SHI), and Daewoo Shipbuilding & Marine Engineering (DSME), the comprehensive JDP aims to create a standardized approach that could potentially apply across the whole industry.

    Scope 3 in the shipbuilding industry includes GHG-generated emissions at all stages of the process from procurement of raw materials to ship operations and final disposal – in addition to GHG (Scopes 1 and 2) directly and indirectly emitted during the shipbuilding process.

    “Market demand for measuring Scope 3 emissions is growing, but there is no standardized methodology yet,” said Panos Koutsourakis, ABS Vice President, Global Sustainability. “ABS is at the forefront of maritime decarbonization research projects and verification studies. We are the ideal partner for this group of industry-leading organizations to create a new global standard for Scope 3 – measuring, qualifying and mitigating the data to understand a company’s carbon footprint in greater detail.”

    “Our collaboration to standardize Scope 3 emissions in the shipbuilding industry is a vital step towards a sustainable future. By working together, we not only benefit our individual companies but also contribute to reducing our environmental impact and creating a more sustainable world in the whole shipbuilding industry,” said YoungHo Lim, Senior Executive Vice President and Chief Operating Officer, Hyundai Heavy Industries.

    “Samsung Heavy Industries decided that it was necessary to develop a credible Scope 3 methodology, so it has already developed and calculated GHG emissions with ABS last year. In this JDP, we expect to develop a more advanced standard-methodology for the shipbuilding industry and contribute greatly to the decarbonization of the value chain,” said JinHan Bae, Senior Executive Vice President and Chief Financial Officer, SHI.

    “To attain the carbon neutrality that we all aspire to, it is imperative that not only individual companies, but also supply chains and customers, participate in this effort. It is our hope that the established guidelines will be broadly embraced as a global industry standard for all shipyards, thereby assisting the shipbuilding and related industries in their journey towards carbon neutrality,” said JeHyouk Woo, Senior Executive Vice President and Shipyard General Manager, DSME.

2023 March 31

16:15 Kaiun Kaisha announces delivery of “Oceanus Aurora”
15:41 Norsepower and IINO Lines agree to install Norsepower Rotor SailsTM on a newbuild VLGC
15:23 Antwerp Terminal Services and CMB.TECH launch world’s first hydrogen dual fuel straddle carrier
15:06 Russian Railways gets discounts for cargo transportation by eastern line of North-South corridor
14:44 Dredging in Ob Basin of Russia’s IWW to make 4.8 million tonnes this year
14:30 Orsted takes final investment decision to build Greater Changhua 2b and 4 offshore wind farms
14:13 Seven сompanies plan to build new Sinopec-backed Hambantota refinery
13:48 World's first large electric container carrier completes power system debugging and test
13:20 GTT entrusted by Hyundai Samho Heavy Industries with the tank design of three new LNG сarriers
12:57 Rosmorport declared winner of The Industry Leader 2022 contest
12:50 AD Ports Group invests in latest VTMIS technology to enhance maritime safety and efficiency
12:30 Japan bans exports of steel, ship engines and radio equipment for navigation to Russia
12:14 17 companies join action to make shipping more sustainable with biofuel
11:41 USC takes part in experiments with unmanned tugboats as part of the pilot project in the port of Novorossiysk
10:54 Onezhsky Shipyard delivers lead crab catching ship of Project 5712LS to Russian Crab Group
10:09 Korean Register signs MOU with Microsoft Korea to Collaborate on Digital Transformation
09:52 Metrans expands rail network to South-Eastern Europe
09:48 Rosatom does not consider changing construction deadline for nuclear-powered icebreaker Rossiya
09:19 Viterra to cease exports of Russian grain from 1 July 2023

2023 March 30

18:23 Konecranes launches new Zero4 program to receive EUR 70 million from Business Finland
18:17 NORDEN partner with Spar Shipping on use of biofuel
18:07 Belize, Japan and Portugal join the 2012 Cape Town Agreement
17:54 Transport hub for Russia’s export grain to be created in Iran
17:31 RF Government to finalize plans on development of transport corridors
17:29 NORDEN enters Capesize segment
17:23 Seaspan gets more than $2 billion in contracts to Canadian companies for the design and construction of new, large non-combat vessels
17:20 Wan Hai Lines holds ship naming ceremony for new vessel Wan Hai 331
17:15 Meyer Werft announces keel laying for Disney Treasure
17:06 Russian Federal Fisheries Agency approves expansion of Zvezda shipyard’s capacity
16:45 The combined EBIT of 12 largest shipping lines reach USD 95bn in 2022
16:26 Wartsila launches world-first radical derating solution for two-stroke engines
16:25 DP World sets new Southampton record for handling containers on ship
16:05 Hyundai GLOVIS partners with GoodFuels on first biofuel bunkering for a Korean flagged PCTC vessel
15:42 EU agrees stronger legislation to accelerate the rollout of renewable energy
15:29 TransContainer launches service for cargo traffic to China via Saint Petersburg
15:20 LR awards AiP to Hyundai Heavy Industries for its new Onboard Guidance System
15:04 SCZONE signs a framework business agreement with Suez Canal Container Terminal Company
14:57 RF Transport Ministry extends validity period of seafarers’ documents until 30 June 2023
14:32 MacGregor receives a large order for RoRo equipment for dual-fuel LNG Pure Car and Truck Carriers for Sallaum Lines
14:28 ScottishPower formalises a £1.3billion contract with Siemens Gamesa for 95 wind turbines for the East Anglia Three offshore windfarm
13:54 COSCO SHIPPING Ports total throughput increases by 0.6% to 130,107,074 TEU in 2022
12:58 Alfa Laval joins the Global CCS Institute
12:46 USC’s Lotos Shipyard starts cutting steel for lead container ship of Project 00108
12:22 Sergey Kulikov appointed as General Director of Russian Maritime Register of Shipping
12:01 MAN Energy Solutions’ MAN 49/60DF engine receives Type Approval
11:45 Dredging works commenced on Volga-Caspian Canal
11:33 Port of Houston container volumes up 15% in February 2023
11:04 VARD Electro AS signs multi-million-euro project with Yaskawa Environmental Energy / The Switch
10:41 Global long-term container rates down by 24% since August 2022 - Xeneta
10:23 RC Dock receives Class Approval from RINA for new remotely controlled unmanned workboats
10:11 RosGeo invested about RUB 500 million in equipment of ships in 2022
09:58 The Maritime and Port Authority of Singapore сollaborates with Bluenergy Solutions to launch Proof of Value project for clean tidal energy
09:24 Ordering of special ships for tourism is easier than modernization of research vessels for cruises - RosGeo

2023 March 29

19:28 The problem of excess stock in Russia’s Far Eastern ports is settled – Vladimir Putin
18:37 ABP and Sizewell C plan to develop Direct Air Capture facility at Port of Lowestoft
18:06 Port of Savannah adds 55 hybrid yard cranes
17:46 ADNOC LS unveils Integrated Logistics Services Platform
17:30 Roundtable meeting “Working professions in seaports” to be held in online format on 25 April 2023
17:16 Inland ports welcome a a deal on the requirements for Alternative Fuel Infrastructure
17:03 Rosneft Oil Company and Indian Oil Company sign agreement to substantially increase oil supplies