Tag: sustainability

In its Sustainability report for 2016-2017 published this week, German shipping firm Hamburg Süd revealed a further reduction in its CO2 emissions, by 40% per TEUkm by the end of the reporting period compared to the base year 2009. Over both years no oil spills or data breaches were registered company-wide, the report reads. Under the title “On a sustainable course”, the report informs of the introduction of a variety of measures aimed primarily at higher efficiency and lower consumption – as well as emissions reduction. Specifically, for the period from 2016 to 2017, Hamburg Süd reported a reduction of: 2.3% for CO2, 3.7% for nitrogen oxides, 4% for particulate matter and 8% for sulfur dioxide. As a result of the acquisition by Maersk Line, we will no longer be able to pursue our environmental target of minus 45% CO2 emissions by 2020 single-handedly. However, by the end of 2017 we had already achieved a 40% reduction. We are confident that under the new management our fleet will continue to play its part in achieving emission reduction targets. In addition, the sustainability report informs that 67 ships of the Hamburg Sud fleet already have a ballast water treatment system, in line ...

On International Women's Day, 8 March, Southampton-based ferry operator Red Funnel appointed Alice Duncan as its first female captain. Ms. Duncan started her cadetship at the age of 18, and joined Red Funnel five years ago. Alice Duncan stated that she is very proud and noted that the shipping industry needs more women.

As part of its environmental sustainability targets and in line with Taiwan's green finance policy, Taiwanese shipping giant Evergreen has issued its first green bonds, becoming the second shipping firm globally to do so, after the Japanese NYK in April this year. 

Marine litter, including plastics and microplastics, are caused by land-based sources in massive quantities but can also originate from ships. An IMO Regional Workshop on MARPOL Annex V and Port Reception Facilities for the ASEAN Region aimed to raise awareness on marine litters and improve implementation of IMO garbage regulations.

At World Gas Conference in Washington, Snam, IGU and The Boston Consulting Group launched the 2018 edition of the Global Gas Report, assessing the role of natural gas in the global energy mix. The majority of forecasters expect gas to grow from the current 22% to over 24% of the global energy mix by 2035. 

The Charlevoix Blueprint for Healthy Oceans, Seas and Resilient Coastal Communities, signed at the G7 summit earlier this month, sets out G7 commitments on ocean plastics and creates a blueprint for the development of a more sustainable and climate-resilient future, with a focus on ocean science.

New technologies offer the potential for radical improvements in shipping efficiency, the market is totally changing, fuel costs are rising and becoming less predictable than used to be. However, shipping industry weathers the storm implementing sustainable best practices.

On 26 June, the Panama Canal marked the two-year anniversary of the inauguration of its Expansion, the largest enhancement project in the waterway's 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels, traffic that confirms the maritime industry's confidence in the Expanded Canal.

In conjunction with the ‘Day of Seafarer 2018’, Jurong Port, MPA Singapore, PSA, SMOU, and SOS jointly presented 600 gift hampers to ships calling at Singapore. The hampers, containing essential daily items, reached about 9,000 seafarers 'as an appreciation for their contributions to the maritime industry'.

By 2050, as many as one in every seven people in Bangladesh will have been forced to leave their homes because of climate change, says a new report by the Environmental Justice Foundation. The report highlights how urgent it is that the EU takes steps to mitigate against climate change.