China-based Yantai CIMC Raffles Shipyard has cut the first steel for a new LNG-powered roll-on/roll-off (RoRo) vessel ordered by Swedish shipping company Wallenius SOL. Specifically, the vessel is planned to be delivered in August 2021, and is the world’s first RoRo ship to be both LNG fueled and have an ice class 1A Super.
Asia’s first ‘Decarbonising Shipping’ initiative has recently launched with the aim to harness the power of start-ups to meet UN targets on greenhouse gas emissions. The regional initiative, based in Singapore, is part of the Trade & Transport Impact (TTI) programme from venture development firm Rainmaking to bring startups together with backers with maritime experience and expertise.
The Poseidon Principles Association, which provides a global framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios, announced a new composition of its Steering Committee, after its last annual meeting.
In a recently published report, Rystad Energy notes that the coronavirus pandemic should be expected to last for the entirety of 2020 and provides possible scenarios and impact on the global energy markets.
Oceana released the results of an analysis finding ships ignoring a voluntary speed zone in an area south of Nantucket designed to protect endangered North Atlantic right whales.
Indian Major ports have turned to use renewable energy in order to cut costs and reduce the emissions. Namely, India is the first nation to have all government-owned ports running on solar and wind energy.
A large number of wind propulsion projects are under development and increasingly coming to market, said Gavin Allwright, Secretary General of IWSA in his opening address at the International Wind Propulsion for Shipping forum.
The Suez canal, connecting the Red Sea to the Mediterranean Sea, has created a direct shipping route between the East and the West. However, over the years, the invasive species have increased the risk of extinction for native marine life, while they have also changed the Mediterranean ecosystem with potentially devastating consequences, according to scientists.
Gasum teamed up with ship design company Deltamarin and Wärtsilä, a leader in maritime technologies, for cleaner maritime transport, following the global sustainability goals for a greener shipping. The global sustainability goals call the shipping industry to reduce sulphur emissions, according to the 2020 sulphur cap regulation issued by the International Maritime Organization (IMO), which came into force in January 1, 2020.
During the 2020 SAFETY4SEA London Forum, Martin Crawford-Brunt, Chief Executive Officer, Rightship, focused on the mega trend of decarbonization and analyzed the importance of having an efficient fleet towards the ambitious target of reducing emissions significantly.
- Green Shipping
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