Tag: CO2

  Addressing members of the Singapore Shipping Association (Monday 20 April) the Chairman of the International Chamber of Shipping, Masamichi Morooka, warned about the dangers of regional maritime regulation being adopted by governments at variance to the global maritime Conventions adopted by IMO. “Global rules for a global shipping industry is not just a slogan,” said Mr Morooka before criticising the approaches to the regulation of shipping being pursued by the United States and the European Union. Mr Morooka began by highlighting the big problem caused by the different ballast water treatment regime that applies in the United States to that adopted by the IMO through the Ballast Water Management Convention. “Whether we like it or not, the political reality is that the IMO Convention is probably going to enter into force, sooner rather than later, and we therefore have to make it work. But the conflicting IMO and U.S. requirements, when combined with the lack of systems fully approved by the United States, could produce an impossible dilemma in which some ships might not be able to operate in U.S. waters if the IMO Convention enters in force before U.S. approved equipment is commercially available.” He added: “The problem ...

  Drewry Supply Chain Advisors issued a briefing reporting that lower fuel consumption and tighter rules have reduced box shipping’s CO2 level. In its April Logistics Executive Briefing for Importers and Exporters, Drewry Supply Chain Advisors used its proprietary databases and results of other consultancy work to take a look at how container carriers are performing when it comes to reducing their carbon footprint.  It concludes that “overall, international shipping is playing its part to protect the environment and the measures taken so far by both government and the private sector seem to have been very effective.” For anybody who is concerned that further growth in international trade and shipping will result in more pollution and more global warming, there is now evidence that this risk is being tackled. At least three factors have substantially cut the fuel consumption of containerships: slow-steaming, the trend towards larger, more fuel-efficient ships and restrictions placed by government on ships coming into the ports. The result? As average ship size on the Asia-North Europe route increased by 40% over the five-year period to 2013, CO2 emissions per round-voyage slot dropped by 35% (see chart below). Furthermore, as average containership sizes increased by a further ...

  In New York (7 April), the International Chamber of Shipping (ICS) represented global shipowners at an important United Nations meeting, having been invited to speak as a panellist as part of the UN Inter Consultative Process on the Law of Sea. The opportunity was taken by ICS to highlight the extent to which shipping is very effectively regulated by the International Maritime Organization (IMO) and the International Labour Organization (ILO) in order to deliver the United Nations’ sustainable development goals. With respect to environmental sustainability, ICS explained how shipping is the only industrial sector already to have a mandatory global regime in place, adopted by IMO, to regulate and reduce its CO2 emissions. A recent IMO study determined that total CO2 emissions from international shipping reduced by over 10% between 2007 and 2012. ICS also gave an overview of the global regulations adopted at IMO to reduce sulphur emissions from shipping and to limit the movement of invasive species in ships’ ballast water, and how the shipping industry was investing hundreds of billions of dollars to order to ensure compliance. With respect to social sustainability, ICS explained that shipping is also unique in having the comprehensive framework of global ...

  The shipping industry expects ongoing growth in CO2 emissions to 2050, despite an apparent recent decline, say Tyndall Manchester experts. Opportunities for decarbonizing the sector in line with international commitments on climate change need to be re-evaluated. "In November 2014, the International Maritime Organization (IMO) released a study estimating greenhouse-gas (GHG) emissions from the shipping sector globally between 2007 and 2012. The report shows how the shipping sector responded to the recent global economic downturn and considers drivers of GHG emissions. It breaks the sector into categories (for example, domestic, international) and ship types, looking back to 2007 and forwards to 2050 to develop future emissions scenarios for the sector. In addition, the report produces historical 'top-down' and 'bottom-up' GHG estimates for the global fleet, and by ship category. The top-down estimates use global marine bunker fuel sales data, whereas the bottom-up figures combine Automatic Identification System (AIS) observation data with technical data on the global fleet. Given the scale and urgency of the global climate change challenge, such detailed studies are essential for improving and prioritizing mitigation policies and efforts." Source: Tyndall Centre In the starting, I was forthright with you propecia before and after has changed my ...

  Hapag-Lloyd and DB Schenker are now working together to protect the climate. The two companies signed a strategic partnership agreement that aims to reduce CO2 emissions. The agreement sees Hapag-Lloyd commit to reducing the CO2 emissions for each and every DB Schenker shipping container it transports by six per cent on the 2014 figure by 2020. With the six-year partnership, both companies are reinforcing their commitment to the environment and to sustainable business practices. “As one of the world’s leading liner shipping companies, environmental protection has a high priority for Hapag-Lloyd,” emphasises Chief Operating Officer Anthony J. Firmin. Hapag-Lloyd already reduced its emissions by around 34 per cent between 2006 and 2013. “For us, the strategic partnership with DB Schenker is the logical next step when it comes to further reducing CO2 emissions along the entire transport chain.” “With this commitment, we are documenting the importance of climate protection and CO2 reduction at DB Schenker and Deutsche Bahn,” says Dr Karl-Friedrich Rausch, Member of the Management Board of DB Mobility Logistics AG responsible for the Transportation and Logistics Division, and the Member of the Deutsche Bahn Management Board responsible for sustainability. “DB Schenker is helping the Deutsche Bahn Group ...

The Oslo-based NGO Bellona Foundation has launched a three year partnership with the leading Dutch company Damen Shipyards Group. The main goal of the partnership is to explore and develop concept vessels for the future. The agreement will be officially signed on March 18 during an industry event in Stavanger. The Bellona Foundation and Damen both acknowledge that today’s global shipping industry will need to undergo substantial change in order to achieve its own climate and environmental objectives. The NGO and Damen have joined forces to work towards reducing the impact on the climate of a wide range of commercial and leisure vessels, as well as fleets employed by the aquaculture industry. "One of Bellona’s goals is to make the ships of the future independent of fossil fuels. This partnership will provide us with new knowledge on innovative shipping construction that will contribute towards achieving that objective, said Frederic Hauge, founder and president of The Bellona Foundation. “Today the global shipping industry emits large amounts of CO2, sulphur dioxide, nitrogen oxide and other gases harmful to the climate and environment, and the European fleet is large and in need of renewal. The next three years of partnership with Damen will ...

The West of England P&I Club issued an article regarding EU Regulation on the Monitoring, Reporting and Verification of CO2 Emissions. European Union (EU) drafted a proposal to amend EU Regulation 525/2013 and implement requirements for the Monitoring, Reporting and Verification (MRV) of carbon dioxide (CO2) emissions from vessels. In 2013 the European Union (EU) drafted a proposal to amend EU Regulation 525/2013 and implement requirements for the Monitoring, Reporting and Verification (MRV) of carbon dioxide (CO2) emissions from vessels. This was the first of three steps proposed by the EU to reduce emissions of greenhouse gases. The second step in the EU plan is to set greenhouse gas targets for the maritime transport sector, with the third step being the introduction of further requirements, including market-based measures, in the medium to long term. The proposed regulations will apply to all vessels over 5,000 gross tonnes regardless of flag state making one or more visits to an EU port in a calendar year. The legislation will require the company holding the ISM Document of Compliance (DOC) to have in place an approved monitoring plan and to submit independently verified reports to the EU detailing the annual CO2 emissions for each ...

Europe has a major role to play in driving the maritime industry forward, said Tor Svensen, CEO of DNV GL - Maritime, in his keynote speech on innovation at the European Shipping Week in Brussels. Svensen outlined three priority areas that will drive shipping in the decades to come: Sustainability and environmentally friendly technologies, Big Data and connected ship solutions as well as a new safety mindset across the whole maritime industry in order to improve its safety track record. “Today, 70 per cent of the world’s fleet is controlled from Europe. Our strong maritime clusters give us the opportunity to drive innovation – by making a continued investment in research & development, stimulating joint industry projects, focusing on building competitive strengths as well as bringing capital, academia, investors and industry together and creating industry-government partnerships. Let us use this opportunity and be thought leaders”, he emphasized. In many of the most technology-intensive sectors of the industry Europe already lead the way, he noted. European equipment manufacturers hold a global market share of 41.5 per cent - and in the fields of subsea, deep-water and technology for harsh environments European technology and know-how is world-leading. The same applied to the ...

Maersk has recently published its Annual Report for 2014 estimating that result is USD 831 million higher than 2013. This was achieved by lower unit cost and increasing volumes while the rates decreased by 1,6%. The lower unit cost is the result of a better vessel utilisation and network efficiencies. Highlights of the Annual Report USD 2,341 million profit - a 55% improvement compared to 2013 (USD 1,510m)  11.6% return on invested capital (7.4%) Volumes increased by 6.8%, average rate decreased by 1.6% Unit cost decreased by is 4.3%  Underlying result for 2015 expected to be higher than 2014 (USD 2.2 billion) Global container shipping demand in 2015 expected to grow by 3-5%, nominal supply by 5-7% Slow-steaming maintained in low fuel price scenario Søren Skou, CEO of Maersk Line commented: ''“I am very satisfied with our 2014 result. Our return on invested capital is also very satisfactory and above our medium and long-term targets of 8.5% and 10% respectively. We have achieved this on the backdrop of low market growth and rates under pressure. We have successfully managed our capacity and reduced our costs. I believe 2014 proves that we have the right strategy in place,” The low oil ...

Dr Pierre C. Sames from DNV GL introduced the Vessels for the Future initiative at the European Shipping Week in Brussels Looking ahead to 2020 and beyond, both maritime and inland waterways will be under ever increasing pressure, as we use them for transport, recreation and commercially. At European Shipping week (ESW), Dr Pierre C. Sames, Chairman of the European Research Association and Director of Maritime Technology, Research and Development at classification society DNV GL, introduced a new initiative - Vessels for the Future - which aims to improve shipping's safety record, sustainability and global competitiveness. Launched in November 2014, over 50 companies, research institutes, academic organizations and interested associations have already signed up to take part in the initiative to work towards a more sustainable European transport system. "Aiming at a private public partnership is important not only as it allows us to have a coordinated research, development and implementation (RDI) programme which covers both vessels and waterborne operations, but it demonstrates a clear commitment from all stakeholders to meet the ambitious goals of the initiative," said Dr Sames. The initiative focuses on the three key areas for the maritime transport cluster: safe and efficient waterborne transport and competitiveness ...