Norsepower’s wind propulsion solution, the Rotor Sail, has received the first-ever type approval design certificate granted to an auxiliary wind propulsion system on-board a commercial ship. The type approval was granted by DNV GL following a design assessment of Norsepower’s 30m x 5m Rotor Sail. The certification means that vessels operating with the Rotor Sail...
Dutch ship management company Spliethoff has secured a EUR 110.4 million loan for the installation of scrubbers and ballast water management systems (BWMS) across 42 of its vessels. The loan has been provided by ING and the European Investment Bank (EIB) as part of a EUR 300 million joint EIB-ING Green Shipping Partnership, signed in...
A three-year study has found that scrubber washwater is “effective and safe for the ocean environment”, according to Ian Adams, executive director, Clean Shipping Alliance (CSA) 2020. The study, which was led by Carnival, compared 281 washwater samples from 53 scrubber-equipped cruise ships to generate the largest washwater data set in the marine industry. The...
IMO Secretary-General Kitack Lim has called on Member States and the entire maritime sector to come on board to achieve the ambitions set out in the IMO initial strategy for reducing greenhouse gas (GHG) emissions from international shipping. The IMO strategy aims for at least a 50 per cent cut in GHG emissions by 2050...
“If you can save 1 per cent of fuel, you already have a business case for fuel monitoring,” claims Dan Veen, CEO and co-founder of maritime start-up We4Sea.Veen and his co-founder Michiel Katgert, have a bold mission. They want to save 1 million tonnes of CO2 and drive sustainable shipping by making fuel efficiency monitoring...
Dutch maritime start-up We4Sea has secured funding from ENERGIIQ, Mainport Innovation Fund II and angel investors to accelerate development and roll out of its fuel and emissions monitoring platform. Based in Delft, the Netherlands, We4Sea has an ambitious goal of saving one million tonnes of CO2 emissions from ships. Speaking with VPO Global, CEO and co-founder...
Hapag-Lloyd has announced plans to retrofit its 15,000 TEU containership to be powered by liquefied natural gas (LNG). The current fuel system and its existing heavy fuel oil (HFO) burning engine will be converted into a dual-fuel engine. The vessel, Sajir, once converted will be able to use either two types of fuel: LNG or...
Shipping is preparing to meet a tough emissions target that aims for at least a 50 per cent reduction in greenhouse gas (GHG) emissions by 2050 compared with a 2008 baseline. To meet this ambitious goal, which is equal to a reduction of at least 470 million tonnes of cargo emissions according to Dr Martin Stopford,...
Asahi Tanker and partner Exeno-Yamamizu Corporation Tokyo have jointly developed a new domestic shipping tanker design with zero-emission electric propulsion. The vessel design and related project infrastructure development will be known as ‘e5’ which captures five core elements of sustainable shipping, including: Electrification – The ship will use electricity as its core energy source by adopting...
Meeting the IMO 2050 GHG emission reduction target is not impossible but will require shipping to think carefully about its strategy and focus on measuring every aspect of ship and cargo performance using digital technology. Prioritising performance measurement in digital applications is the first place to start when it comes to achieving decarbonisation goals, says economist...
The 2008 financial crisis hit the shipping industry with a cut in available credit and unfavourable freight rates. In the last decade, the top 10 lenders have reduced their shipping loan books by US $50 billion[1], leaving shippers with limited access to capital. Now, oil prices are rising and the IMO 2020 sulphur cap looms,...
The 2020 global sulphur cap is less than a year away and fuel efficiency is high on the shipping industry’s agenda. Cutting fuel consumption and emissions is vital to meet regulation, remain competitive, and work towards a reduction in overall greenhouse gas emissions. Here are four start-ups to watch out for in 2019 that have...