• 2023 July 3 10:41

    Working Group on Reduction of GHG Emissions from Ships considers draft Revised IMO 2023 GHG Strategy

    The Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 15) met ahead of the Marine Environment Protection Committee (MEPC 80), according to IMO's release.

    The Group further considered and developed the text for the draft Revised IMO 2023 GHG Strategy.

    The MEPC is invited to consider and resolve the draft text, in particular the square brackets contained in the revised 2023 GHG strategy, for finalization.

    The Group completed its work on the description of the basket of measures, comprised of a technical element and economic element. (This is identified as "Phase II" of the work plan, namely Assessment and selection of measure(s) to further develop.)

    During the discussions, all delegations that spoke supported the further development of a goal-based fuel/energy standard as the technical element mandating phased reductions in the GHG intensity of marine fuels, as part of a basket of measures.

    The MEPC 76 session had adopted a work plan on the concrete way forward to make progress with candidate mid- and long-term measures, including measures to incentivize the move away from fossil fuels to low- and zero-carbon fuels to achieve decarbonization of international shipping. Read more on mid and long-term measures here including fact sheets on proposed measures.

    The Group finalized guidelines on lifecycle GHG intensity of marine fuels (LCA guidelines), along with a draft MEPC resolution, for submission to the MEPC for adoption.

    The scope of the guidelines is to address Well-to-Tank (WtT), Tank-to Wake (TtW), and Well-to-Wake (WtW) Greenhouse gases (GHG) intensity and sustainability themes/aspects related to marine fuels/energy carriers (e.g. electricity for shore power) used for ship propulsion and power generation onboard. The relevant GHGs included are carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O).

    The group invited the MEPC to endorse the Group's recommendations on follow-up work on the LCA framework, including: establishing a correspondence group; requesting the IMO Secretariat to organize an Expert Workshop on the life cycle GHG intensity of marine fuels; and requesting the IMO Secretariat to undertake a review of existing practices on sustainability aspects/certification and third-party verification issues.

    Next steps:
     The Group reports to the Marine Environment Protection Committee (MEPC 80), which meets 3-7 July.
     The MEPC plenary is scheduled to discuss Agenda item 7 on Reduction of GHG emissions from ships on Monday 3 July, following the opening of the session and adoption of the Agenda.
     It is expected that a Working Group on Reduction of GHG Emissions from Ships will be established, to meet in closed session and report back to the plenary by the end of the week.
     The final adoption of the Revised IMO 2023 GHG Strategy is anticipated for Friday 7 July.




2024 May 11

18:01 Drewry: Investments surge on strong demand outlook for LNG bunkering
17:19 Seatrium signs multi-year technology collaboration agreement with ABS to accelerate decarbonisation and energy transition
16:49 Kotug Canada holds keel laying ceremony for two RAsalvor 4400 DFM methanol fuelled tugs
15:47 Two RAmparts 3500 ASD tugs enter service at Tianjin Port
13:17 TotalEnergies announces first oil production on Eldfisk North
11:02 Petramina welcomes VLGC duo in its tanker fleet
10:38 Fairplay Towage Group places order for two additional Damen ASD tugs

2024 May 10

15:37 MITSUI E&S production volume of large marine engines reaches 155 units in FY2023
13:51 Fincantieri: Vard to build a hybrid Ocean Energy Construction Vessel for the norwegian shipping group Island Offshore
11:46 Med Marine selects Kongsberg Maritime thrusters for six stern-drive tugs for Tunisian port authority
09:52 Seatrium signs multi-year technology collaboration agreement with ABS to accelerate decarbonisation and energy transition

2024 May 9

16:04 Wallenius Wilhelmsen announces another solid quarter
14:23 Stena Line to increase cargo capacity by 30% on Stena Forerunner and Stena Foreteller
12:06 ClassNK releases report “ClassNK Alternative Fuels Insight”
10:13 Sea-Intelligence: Improved vessel delays may release more capacity

2024 May 8

18:00 ADNOC signs third long-term Heads of Agreement for Ruwais LNG project
17:11 VARD picks TMC to equip newbuild cable laying vessel
16:47 QatarEnergy and Nakilat enter long-term agreement to charter and operate nine “QC-Max” class LNG vessels
16:16 Qingdao port sees cargo and container volume growth in Q1
15:56 Tanker orderbook relative to active fleet rises to highest level in five years
15:28 Svitzer completes tug series delivery in Brazil
13:41 Brazil floods hit food silos, disrupt routes to the port of Rio Grande
13:17 Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
12:47 Baltic Shipyard commences dock-side trials of Project 22220 icebreaker Yakutia
12:43 Wartsila 25 engine to power three new fishing vessels
11:10 ABS awards world’s first REMOTE-CON Notation for FPSO Liza Unity
10:44 Jan De Nul puts spray pontoon DN178 into use
10:17 Korea сan overtake China in shipbuilding market share
09:41 New Dayang receives an order for two bulkers from United Marine Egypt

2024 May 7

18:00 PPA hands over ICPC to VCT
17:05 TotalEnergies and Sinopec strengthen cooperation
16:42 Evergreen orders six container ships in China
16:33 Zelenodolsk Shipyard hosts launching ceremony for Navy’s duo
16:15 Valenciaport receives three bids for the tender for the management of La Marina
15:31 Vessel from Ukraine grounded in Turkey's Bosphorus Strait
15:14 ICTSI net income up 36% to US$209.88 mln in Jan-March of 2024
14:45 HD Hyundai files complaint against Hanwha Ocean for alleged defamation in leak of military secrets
14:27 Hapag-Lloyd and IKEA collaborate to advance cleaner shipping
13:57 Marlink upgrades managed hybrid network across Simon Møkster Shipping’s offshore fleet
11:25 Vard Marine welcomes BluMetric Environmental into the Team Vigilance Preferred Suppliers Program
10:48 WinGD secures an order for its X‑DF‑A ammonia-fuelled engines

2024 May 6

18:00 CMA CGM to suspend Bremerhaven call on its SAFRAN service connecting East Coast South America with Europe
17:12 CMA CGM announces PSS from Asia to East Africa, South Africa and Indian ocean
16:47 Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering
16:09 Incat Crowther-commissioned to design new fast supply vessel for African offshore energy sector
15:47 Seaspan completes rollout of Starlink across entire fleet
15:26 Asia is the largest importer of LNG
13:50 Goa shipyard holds the keel laying ceremony of the first new generation maritime patrol ship
13:20 Maersk says Red Sea disruption will cut capacity by 15-20% in Q2 2024
12:43 DP World acquires Laos dry port operator Savan Logistics
11:42 Seatrium secures FPSO topsides integration contract with MODEC
11:25 CMA CGM to strengthen and reshuffle its Africa lines - India Middle East Gulf services
10:46 Fortescue completes trials chassis and maneuverability testing of dual-fuelled ammonia-powered vessel in the Port of Singapore

2024 May 5

17:41 Visayas Container Terminal delivers enhanced productivity, efficiency to ICPC
15:07 Höegh LNG announces agreement to deploy FSRU Hoegh Galleon to Egypt
14:22 Metal Shark building 22 high-speed surface interceptor vessels for JDF
12:14 AAL's B-Class heavy lift ship named at a Chinese shipyard
10:04 DNV: April sees jump in methanol-fueled tanker orders

2024 May 4

15:17 Lomar takes bulker investment to $127 million inside a year
13:47 HD Hyundai, ABS to set standards for e-propulsion ships
12:08 Australian Govt selects BAE Systems and ASC to build sovereign nuclear powered submarines
10:51 Van Oord’s heavy lift installation vessel undergoes upgrade

2024 May 3

18:00 Holland America Line begins pilot test of renewable fuels on its flagship, Rotterdam
17:20 European Hydrogen Bank auction provides €720 million for renewable hydrogen production in Europe
17:06 GTT and PipeChina Innovation sign a License Agreement for the use of GTT membrane containment technology for onshore LNG storage
16:43 CMA CGM to launch M2X - Mexico Express Service connecting Far East to Mexico
16:31 Wartsila to supply the engines for a new Canadian Coast Guard Polar Icebreaker
15:58 The Port of Long Beach celebrates “Tri-gen” system for producing renewable hydrogen, electricity and water
15:06 Astrakhan region ports’ cargo volume in Q1, 2024 soars 78%
14:32 Valenciaport participates in a European project to promote the use of renewable energy for self-consumption in the port