• 2023 July 12 17:02

    European Parliament adopts new rules for the greener maritime fuels

    MEPs adopted new rules on cleaner maritime fuels. During the negotiations with Council, they ensured that ships will have to gradually reduce greenhouse gas (GHG) emissions by cutting the amount of GHG in the energy they use (below 2020 level) by 2% as of 2025 to 80% as of 2050. This would apply to ships above a gross tonnage of 5000, which are in principle responsible for 90% of CO2 emissions, and to all energy used on board in or between EU ports, as well as to 50% of energy used on voyages where the departure or arrival port is outside of the EU or in EU outermost regions.

    In order to significantly reduce air pollution in ports, containerships and passenger ships will be obliged to use on-shore power supply for all electricity needs while moored at the quayside in major EU ports as of 2030. Thanks to MEPs, the new rules also set a 2% renewable fuels usage target as of 2034 if the Commission reports that in 2031 renewable fuels of non-biological origin (RFNBO) amount to less than 1% of fuel mix.

    Parliament’s rapporteur on alternative fuels infrastructure Petar Vitanov (S&D, BG) said: “Using more sustainable, renewable and efficient energy solutions in the transport sector will help reduce greenhouse gas emissions and air pollution, improve citizens’ quality of life and create new high-quality jobs. The new rules will also help to deploy more charging infrastructure and make it as easy to use as traditional petrol stations.ʺ

    Parliament’s rapporteur on sustainable maritime fuels Jörgen Warborn (EPP, SE) said: “The new rules set out by far the world’s most ambitious path to decarbonising maritime transport. It targets 90 percent of maritime CO2 emissions while shielding the smallest ship-owners and ports from costs and administrative burden. They make Europe the frontrunner in creating a demand for sustainable fuels and fostering innovation.”

    The new rules on sustainable maritime fuels were backed by 555 votes to 48 and 25 abstentions. The sustainable maritime fuels rules will apply as of 1 January 2025.




2024 May 13

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
15:13 Drydocks World unveils major propeller repair enhancements and new facilities
14:06 NYK launches trial to utilize 3D models in design of new LPG tanker
13:29 GCMD and NYK Line team up to address concerns of long-term, continuous biofuels use on vessel operations
12:13 State-of-the-art ammonia reforming technology from Amogy verified by ABS
11:41 MABUX: Bunker Outlook, Week 19, 2024
11:38 MOL joins project to develop frozen and refrigerated warehouse in Singapore
10:52 Jan De Nul EBITDA rose 39% to 610 million euro in 2023

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