• 2024 April 12 11:41

    PaxOcean Group starts construction of the first all-electric tug and supply boat

    The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), announced the commencement of shipbuilding of the first fully electric PXO tug (e-tug) and supply boat (e-supply boat) by PaxOcean Group, according to the company's release. This marks a milestone in the collective industry effort to accelerate coastal decarbonisation, transition to a circular economy and strengthen marine supply chains. These zero-emissions vessels are among the first and largest local electric harbour craft designed for operation in Singapore’s coastal waters. They are targeted for deployment in 2025, ahead of the nation’s goal for all new coastal vessels to be fully electric or operate on low-carbon energy solutions by 2030.
     
    The Coastal Sustainability Alliance PXO Electric Fleet Signing & MOU Ceremony, held at Shangri-La Singapore last evening, was graced by Guest-of-Honour Mr Chee Hong Tat, Minister for Transport and Second Minister for Finance, along with maritime industry leaders and CSA representatives. The CSA also welcomed nine new members, expanding the alliance to 27 members from the initial seven companies when it was formed in March 2022.
     
    The new CSA members hail from diverse sectors, including finance, green energy, corporate and environmental consultancies, and maritime services, and exemplify the growing support network for advancing Singapore’s maritime decarbonisation efforts. These new members are CIMC Energy Storage, DBS, Grant Thornton, Hanhwa Aerospace, KST Maritime, Marina Offshore, Paia Consulting, Siemens Energy, and Transport Capital. Together with the current members, they will be instrumental in propelling CSA’s next growth phase, focusing on green financing, ESG initiatives, vessel adoption, electrification, and technology enhancement for the coastal logistics ecosystem.
     
    The CSA enters its third year with a continued commitment to build a next-generation coastal logistics ecosystem. Progress made in its five strategic areas include:
     
    Commercialisation of Singapore design-build-deploy PXO e-tug and e-supply boat – Pacific Workboats Pte Ltd (PWPL) has committed to purchasing the e-tug, leveraging its capabilities to provide sustainable towage services for its customer base. Additionally, KMG is investing in the construction and trials of the e-supply boat. While efforts to charter out the e-supply boat are ongoing, commercial interest in the PXO series continues to grow, with several CSA members exploring opportunities to charter these next-generation vessels. The PXO e-tug and e-supply boat are slated for deployment in 2025, marking a significant milestone in commercialising the PXO series.
     
    As the PXO series will be deployed from Jurong Port, KMG is collaborating with Jurong Port to provide the electric charging infrastructure to support the operations of electric vessels.
     
    In February 2024, the CSA was among the shortlisted entities announced by MPA’s Expression of Interest (EOI) to transform Singapore’s maritime sector by designing and developing electric harbour craft. Among the 11 proposals received, the CSA’s e-supply boat proposal was among the six that have secured the relevant technical approvals from Classification Societies and were chosen for further design enhancements and optimisation with institutes of higher learnings (IHLs) and research institutes. This is significant progress and endorsement of the high technology readiness and maturity of the CSA’s PXO electric vessels.
     
    Promoting sustainable resource management through e-waste reduction, upcycling and biofuels – Since 2023, CSA has partnered with Green COP to develop and commercialise second-generation biofuels as a transition fuel to reduce emissions from conventional harbour craft. Green COP has secured S$500,000 in angel investment to build a prototype plant to produce Biobutanol. The biofuel is made from biomass feedstock and generates fewer emissions than petroleum fuels.
     
    Reduce marine traffic by 20% through logistics and fleet optimisation solutions – A key part of CSA’s efforts is to seamlessly integrate logistics, fleet operations, battery performance and just-in-time operations for vessels, terminals, and service providers. Utilising advanced technologies in artificial intelligence (AI) and machine learning, the CSA is conducting optimisation simulations with MagicPort on the coastal logistics platform, which is expected to go live by end-2024. This platform will support the PXO e-supply boat in meeting the growing demand from the shipping community for marine logistics optimisation and traffic flow. The e-tug will also explore demand-supply match optimisation to reduce fuel wastage and dead mileage.
     
    Support the growth of SMEs and start-ups through a sustainable green supply chain and maritime business ecosystem – Currently, over 50% of components of the PXO vessels are sourced locally. Sea Forrest Power Solutions is in conversation to supply critical components such as motors, battery management systems, and batteries for the e-supply boat.
     
    The CSA aims to partner with the Singapore Association of Shipsuppliers and Services (SASS) to upgrade sustainability competencies within the maritime workforce and facilitate a just transition for all SASS members towards a low-carbon economy.
     
    Talent attraction and workforce upgrading – As the maritime transport sector digitalises and transforms, new jobs will demand cross-disciplinary skills in data analytics, automation, robotics and sustainability. To help mid-career switchers and employees upskill and take on new roles, Pacific Workboats Pte Ltd is tapping into the MPA and Workforce Singapore’s Career Conversion Programme (CCP) to build new capabilities through skills upgrading and training programmes. PWPL’s efforts will contribute to CCP’s targets of benefiting up to 300 individuals, with an initial ten employees to participate in the programme over the next two years.
     
    In March 2022, the industry-led CSA initiative was announced under the leadership of KMG, which includes key business units: PaxOcean Holdings Pte Ltd, Pacific Carriers Limited (PCL), and POSH (PACC Offshore Services Holdings) and provides a comprehensive platform for the CSA to achieve its goals to build the next-generation of Singapore’s maritime ecosystem and accelerate the decarbonisation, electrification and advancement in energy-efficient logistics and engineering solutions. The CSA is expected to invest over S$20 million into various sustainability efforts over the next ten years with the aim of a 50% reduction in vessel carbon emissions and 20% in marine traffic by 2030.
     
    The new members will join CSA’s pioneering members from 2022: The Agency for Science, Technology and Research (A*STAR), GenPlus, Jurong Port, Sea Forrest Power Solutions, Technology Centre for Offshore and Marine, Singapore (TCOMS) and TES, and members who joined in 2023: Ampotech, Columbia Ship Management Singapore, Green COP, Ken Energy, RMS Marine & Offshore Service, M1, MagicPort, Singapore Institute of Technology (SIT), Sinwa Singapore, ST Engineering, and Swift Total Logistics.




2024 May 18

15:24 SNAM's Q1 total revenues declined 1.9% to 895 million euros
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11:36 Silver Ships delivers four of seven coastal fast response boats
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2024 May 17

18:10 Bunker fuel sales at the Middle Eastern hub of Fujairah drop on a monthly basis in April 2024
17:52 Lloyd’s Register and Shandong Marine Group sign MoU
16:43 China reveals cooperation methods to protect and restore the Yangtze River
16:03 APM Terminals Barcelona holds the commissioning of 17 Konecranes NSC 644 EHY hybrid straddle carriers
15:13 Marine fuel demand in Panama declined in April 2024
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
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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
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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
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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