Industry warns over ports call evasion of EU ETS

The European Tugowners Association (ETA) has called on the European Commission to prevent cargo diversion from EU ports and carbon leakage which could possibly occur due to the Emissions Trading System (ETS) introduction. ETA said that there was a risk of cargo diversion due to ETS inclusion in shipping which is coming into force next

DNV, Samsung collaborate on remote operation centre for autonomous ships

Samsung Heavy Industries (SHI) and leading classification society DNV have inked a Memorandum of Understanding (MOU) at KORMARINE, committing to establishing SHI’s state-of-the-art Remote Operation Centre (ROC) for real-time monitoring and control of Maritime Autonomous Surface Ships (MASS). The MOU will underpin DNV and Samsung Heavy Industries’ collaboration to drive innovation and redefine the future

Two terminal operators call on ports to electrify box handling equipment

Two of the world’s largest terminal operators have joined forces to highlight the urgent need for ports to electrify container handling equipment, a niche segment of the global supply chain that is responsible for up to 15m tons of carbon dioxide emissions per year. APM Terminals and DP World have announced an initiative to accelerate

Just-in-time port calls could cut 5% of boxship emissions

Global adoption of just-in-time (JIT) port arrivals in the container shipping sector has the potential to diminish emissions by 5%. This reduction translates to roughly 17m tonnes of CO2 emissions annually, according to a recently published white paper. The ‘Untapped Potential of Just-In-Time Port Arrivals’ white paper is based on findings of field trials conducted

IRS, Hindustan Shipyard successfully complete ONGC Drill ship renewal

Leading classification society, the Indian Register of Shipping (IRS), and Hindustan Shipyard Ltd (HSL) have achieved a remarkable milestone by successfully completing the renewal survey of the ONGC Drill Ship Modu Sagar Bhushan under the management of Shipping Corporation of India (SCI). As part of the extensive scope of work for this project, more than

Shipping industry off track to meet 5% zero-emission target

The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found, jeopardizing the shipping industry’s 2050 decarbonization goal. Launched at the Global Maritime Forum’s annual summit in Athens on Wednesday, the assessment finds that current scalable zero-emissions fuel (SZEF) production in the

Deutsche Bank reveals new emissions targets for shipping

Deutsche Bank has announced emissions reduction targets for loans to clients in the shipping, coal mining, and cement sectors with 55% of the bank’s loans now covered with a net zero plan. Deutsche Bank today published its initial Transition Plan and consolidates its path to net zero by 2050. This Plan focuses on the bank’s

Operational efficiency takes centre stage at Global Maritime Forum’s AGM in Athens

The Global Maritime Forum, a not-for-profit organisation working to create a decarbonised shipping industry, has identified five key action areas to improve the operational efficiency of vessels with 30 top names in maritime, attending the association’s AGM in Athens, committing to adopt these measures. The five actions cover: data collection and transparency; contractual changes; pilot

MOL makes significant stride in developing hydrogen-powered ships

Japanese shipowner Mitsui OSK Lines (MOL), along with yards Onomichi Dockyard, Kawasaki Heavy Industries and Japan Engine Corporation (J-ENG) have conducted a risk assessment of a multipurpose vessel powered by hydrogen, which has been granted approval in principle (AiP) for the ship’s parcel layout concept from Nippon Kaiji Kyokai (ClassNK). This marks the world’s first

30% of ports worldwide unprepared for incoming IMO legislation

A new study suggests nearly a third of ports worldwide are unprepared to adopt the International Maritime Organization’s (IMO) maritime single window (MSW) mandate which becomes compulsory on January 1 next year. As from the start of 2024 every port is now mandated to have a single window system for digital information exchange between stakeholders