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Solar PV market to grow remarkably in the next five years

The International Energy Agency (IEA) has recently issued its Renewables 2019 report with the aim to analyse and forecast renewable energy and technologies from 2019 to 2024; providing global trends and developments for renewable energy in the electricity, heat and transport sectors.

Bureau Veritas joins Energy Transition Coalition

On 9 December the classification society Bureau Veritas Marine & Offshore officially announced its join in the “Coalition for Maritime Environmental and Energy Transition” as a founding partner. The singing ceremony was held during the leading annual gathering for the French maritime community, known as Assises de l’Economie de la Mer.

Kuwait bans single-use plastic items onboard vessels

The Kuwaiti Ministry of Communications announced that the use of specific single-use plastic items onboard Kuwaiti and foreign ships which will be prohibited; The ban concerns items that are prohibited with immediate effect and others to be banned after January 1, 2020. 

World’s second LNG cruise ship delivered to Costa Cruises

On 5 December Costa Cruises, the Italian brand of Carnival Corporation officially took delivery of its first powered by liquefied natural gas (LNG) ship, known as Costa Smeralda. The handover ceremony was held in the place where the company’s vessel was build, at the Meyer shipyard in Turku, Finland.

Cruise pier construction to severely damage coral reef

Campaigners are fighting a battle against the world’s biggest cruise lines, Royal Caribbean and Carnival, with a combined market value of $55bn (£42bn), which want to redevelop the Cayman Islands’ port to accommodate bigger ships. Namely, BBC reports that the cruise lines are leading Verdant Isle, a consortium, with the aims to build a $250m new pier and berthing facility on Grand Cayman.

New hybrid cruise ship successes sea trials

Hurtigruten’s new hybrid battery powered expedition cruise ship called “MS Fridtjof Nansen” has completed sea trials and will be ready to voyage earlier than expected, ahead of the planned April 1st inaugural voyage.

Norsepower, SWS develop energy-efficient VLCC project

Norsepower Oy Ltd., announces a joint development project with Shanghai Waigaoqiao Ship Building Co., Ltd (SWS) both developing an energy efficient dual fuel very large crude carrier (VLCC) design, aiming to enhance fuel efficiency and reduce emissions. Under the agreement, Rotor Sails were implemented in the VLCC design for improving the fuel efficiency and reducing emissions.

BIMCO issues biofouling survey results to IMO

To better understand how shipowners view the biofouling and in-water processes, BIMCO launched a survey in 2018, highlighting that manual collection of data is the most popular method among the companies that responded; The results of the survey were presented to the IMO.

NYK granted Japan’s first sustainability-linked loan

Japanese shipping company NYK announced it has secured a syndicated sustainability-linked loan, Japan’s first advanced loan that allows for conditions such as the loan’s interest rate to be adjusted according to the borrower’s CSR performance.

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