Sunday, May 16, 2021

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MOL Highlights for 2014

MOL has announced company's highlights for 2014 regarding business expansion in LNG, new initiatives on environmetal protection and sustainability as follows:   Reached deal on joint ownership of a new LNG carrier for Chubu Electric Power Company(May) Signed deal to charter two LNG carriers for Mitsui Corporation that will serve the Cameron Project in the U.S. (September) Signed basic agreement for charter contracts, reached a deal to build three new LNG carriers for Tokyo Gas. (February, November, December) Signed strategic association with Reliance for transportation of Liquefied Ethane from United States to India. This will make MOL to be the first shipping company who is dedicated for a continuous Liquefied Ethane transportation by Very Large Ethane Carriers (VLEC). (December) Received "Award of Excellence" from Philippine Overseas Employment Administration. (February) Four MOL-operated/managed vessels selected as "2013 Best Quality Ships" by the Japan Federation of Pilots' Associations. (April) MOL-operated Soma Maru named "Bulk Ship of the Year" at the IBJ Awards 2014. (November) Took delivery of a vessel equipped with a waste heat energy recovery system, which is a core element technology of ISHIN-III. (July) Pledged emergency support to combat spread of Ebola. (September) In response to the Japan Fair Trade Commission's ...

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World’s Largest Floating Solar Power Plant To Be Built In Japan

Kyocera Corporation and Century Tokyo Leasing Corporation has announced that Kyocera TCL Solar LLC, a joint venture established by the two companies, will develop and operate a 13.4-megawatt (MW) floating solar power plant on the Yamakura Dam reservoir, managed by the Public Enterprises Agency of Chiba Prefecture in Japan for industrial water services. The plant will become the largest floating solar installation in the world. Aiming to reduce its burden on the environment, the Public Enterprises Agency of Chiba Prefecture had been publicly seeking companies to construct and operate a floating solar power plant at the Yamakura Dam. Kyocera TCL Solar was selected to undertake this project in part due to its experience and expertise in developing utility-scale solar power plants in Japan. The company aims to begin operations in March 2016 after negotiating with related parties including Tokyo Electric Power Company. “When we first started R&D for solar energy in the mid 1970’s, the technology was only viable for small applications such as street lamps, traffic signs and telecommunication stations in mountainous areas,” stated Nobuo Kitamura, senior executive officer and general manager of the Corporate Solar Energy Group at Kyocera. “Since then, we have been working to make solar ...

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Barbados Port leads the way in environmental sustainability

Demonstrating leadership and commitment to environmental sustainability, Barbados Port Inc. has committed to work in partnership with RightShip to develop an incentive program encouraging more efficient vessels to their port. During the 1st Hemispheric Seminar on Port Legislation held in Montevideo on the 24-25 November David Jean Marie, CEO of Barbados Port and Anuj Chopra, RightShip’s Vice-President - Americas, signed a letter of intent to develop a port incentive program using the RightShip and Carbon War Room Greenhouse Gas (GHG) Rating. The port incentive program rewards vessels with better energy efficient ratings. Measuring their carbon dioxide emissions, vessels are rated from A (most energy efficient) to G, with rewards – often in the form of reduced port fees – to the more efficient vessels. RightShip will begin the process by benchmarking vessel arrivals over time to set a baseline for displaying trends in carbon dioxide emissions. “In this way we tailor the incentive program to ensure maximum benefit for the port community” explains Chopra. “Understanding current CO2 emissions of vessels, both in-port and for their entire journey, is a key factor in our program management.” Lauded as a champion of environmental sustainability in the region, David Jean Marie was quick ...

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Van Heck Engineering joins Green Award scheme

Van Heck Engineering has joined the Green Award scheme and intends to provide a discount of 5% on the sales price of the Sea Trophy system from the 1st of December, 2014, to both Green Award certificate holders and incentive providers. Green Award certified companies, inland navigation ships and Green Award incentive providers will receive a 5% discount on the sales price of the Sea Trophy system (pump and accessories) (rental not included). All parties will also enjoy the first consultation/advice and the first quotation free-of-charge. By making this deal available for incentive providers, Van Heck Engineering BV and Green Award pioneer a new approach within the scheme to address joint maritime Corporate Social Responsibility. Now not only certificate holders are rewarded through Green Award for striving for excellence in safety and quality, but incentive providers also demonstrate support to each other via the scheme. Van Heck Engineering BV is an internationally operating company in the field of water control and management. They provide a submersible oil recovery pump that can be inserted into an adapted sounding or breather pipe. This enables the contained/controlled transfer of the fuel/cargo to the required collection point. Source & Image Credit: Green AwardIn the ...

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Sustainable development – a bridge to future business

The environment, economy and society are key aspects of sustainability. Sustainable development will enable us to meet our needs without preventing future generations from meeting theirs. How is the container handling industry doing today and what could we do better in the future? In terms of the environmental aspects, we are currently seeing continuous development in the reduction of emissions from container handling equipment: Tier 4 Final diesel engine technology, hybrid engines, fully electronic and start/stop engines, as well as conversion of braking and spreader-lowering into electric power. Liquefied natural gas (LNG) offers a viable source of alternative energy. From the material use perspective, crane refurbishment and recycling are already important parts of the business. Energy is being saved in fully automated terminals which do not need lighting at night. These are just a few examples of the progress we have made. Where can we improve? The general attitude to climate change and regulations is changing, with sustainability becoming a must. Forerunners view sustainability as a major business opportunity. Recycling of non-renewable materials, limited use of renewable materials, use of renewable energy and ensuring that the materials used do not harm the ecosystem – all of these contribute to a ...

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WWL to focus on environmental sustainability

Wallenius Wilhelmsen Logistics (WWL) is actively working to decrease the environmental impact of its activities and reduce the use of energy and natural resources. The company is committed to complying with all applicable environmental regulations and, in keeping with its front runner ambition, WWL aims to be that vital step ahead of existing and emerging requirements by implementing innovative solutions. Responsible Logistics Wallenius Wilhelmsen Logistics history goes back centuries and they plan to continue to contribute to the global logistics industry for centuries to come. The company has a responsibility towards our customers, towards the communities in which we live, and towards one another in the company. Company believes that the best way to reduce environmental risk and cost is to be an environmental front runner. To remain true to this course, its daily activities are guided by a 5-part strategic environmental framework: 1. Focusing on high impact changes. 2. Holding ourselves accountable and transparent in our environmental commitments. 3. Investing in future technologies. 4. Exceeding  responsibilities for environmental performance. 5. Cultivating partnership with stakeholders to develop sustainable solutions. Responsible logistics is about having a long term view in customer relations, with regards to the environment, on social responsibility and governance. It’s about doing your job with ...

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