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Marine Insurance: Climate Change Challenges for the Shipping Industry
With 90% of global trade moved by sea, shipping is a major contributor to climate change. The International Maritime Organization (IMO) estimated that the industry’s greenhouse gas emissions grew by 10% between 2012 and 2018, while the industry’s share of global anthropogenic CO2 emissions grew slightly to almost 3%, about the same volume as Germany. It also forecasts that ‘business as usual’ could…
Wartsila Steps Up Green Fuel Push with Methanol-powered Ship
Marine and energy equipment maker Wartsila will roll out its first methanol-powered engine in a new ship next year as the group accelerates green fuel technology options for shipping, a company executive said.With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world's CO2 emissions, yet environmental campaigners say efforts by the sector to cut emissions by 2050…
NYK Line, IPS Get ClassNK AiP for Ammonia-fueled Tugboat
Japanese classification society ClassNK has granted its Approval in Principle for NYK Line and IHI Power Systems's (IPS) ammonia-fueled tugboat currently being jointly researched and developed. This R&D is part of the Green Innovation Fund project within Japan’s New Energy and Industrial Technology Development Organization (NEDO) for the development of vessels equipped with a domestically produced ammonia-fueled engine…
Ships Get Older and Slower as Emissions Rules Bite
If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long term to cut greenhouse gas emissions, many shipping firms are sticking with aging fleets, but older vessels may soon have to start sailing slower to comply with new environmental rules.From next year, the International Maritime Organization (IMO) requires all…
ClassNK Updates Guidelines for Ships Using Alternative Fuels
Classification society ClassNK informs it has released the "Guidelines for Ships Using Alternative Fuels (Edtion 2.0)," which sets forth safety requirements for ships fueled by methanol, ethanol, liquefied petroleum gas (LPG) and ammonia. In particular, specific requirements for ammonia-fueled ships have been added to provide guidance for the design of alternative-fueled ships.The guidelines describe safety requirements for methanol, ethanol and ammonia-fueled ships.
Methanol Dual-fuel VLCC Design Gets Class Approval
A methanol dual fuel 300,000 DWT crude oil carrier (VLCC) has received Approval In Principle (AIP) from classification society Korean Register (KR).The methanol dual-fuel VLCC, which was developed under a joint project between KR and shipbuilder Hyundai Heavy Industries (HHI), is powered by methanol and marine gas oil (MGO). HHI has developed the vessel so that the methanol fuel tank can be placed…
ClassNK Publishes Technical Journal on Zero-emissions Ships
ClassNK has released the latest "ClassNK Technical Journal", which has been published for contributing to the development of the maritime industry through the outcome of R&D and technical activities.The latest issue "ClassNK Technical Journal No.5 2022 (I)" focuses on “Zero-Emission Ships”, including efforts of the planning and design of next-generation greener ships, development of onboard CO2 capture system…
Ammonia Marine Fuel Study Gets $6.7 Million Grant
A group of academic and industrial partners were awarded a $6.7 million grant by the Engineering and Physical Sciences Research Council (EPSRC) to accelerate understanding, technologies and policies relating to the use of ammonia as a sustainable fuel. The project begins in June 2022 and will run for 5 years.Entitled Decarbonized Clean Marine: Green Ammonia Thermal Propulsion (MariNH3), the project brings together academics from Nottingham…
Eidesvik Offshore Names Cotgrove as New CFO
Norwegian offshore vessel owner Eidesvik Offshore has named Helga Cotgrove as Chief Financial Officer (CFO). Cotgrove will join Eidesvik Offshore October 1, 2022 at the latest. She has more than 20 years of energy sector finance experience in various roles within M&A, strategy, tax, finance, accounting, and auditing. She comes from the position as CFO in Norsk Solar AS. Cotgrove previously worked as Halliburton's director of corporate development in Houston…
Bureau Veritas, TotalEnergies Study Ammonia Leaks
Bureau Veritas (BV) and TotalEnergies are studying ammonia leak mitigation and treatment in an effort to de-risking the use of ammonia as a marine fuel.The joint preliminary study has evaluated the health and safety risks from ammonia leaks for crew and passengers and pinpointed key safety criteria. So far, the study has examined different leak scenarios for single-wall and double-wall containment…
Marine Propulsion: Matson Inks Deal Plus Option for ME-GI Retrofit
Matson Navigation Inc. and MAN Energy Solutions signed a contract for the retrofit of the main engine aboard its 2018-built containership Daniel K. Inouye. MAN Energy Solutions’ after-sales division, MAN PrimeServ, will retrofit the 3,600 teu vessel’s MAN B&W 7S90ME-C engine to an MAN B&W 7S90ME-GI type capable of operating on liquefied natural gas (LNG) and fuel oil. The contract includes an option…
MacGregor to Deliver RoRo Equipment for Four New Höegh Autoliners’ PCTCs
Cargotec's MacGregor has won a deal to deliver comprehensive packages of RoRo equipment for an additional four Aurora class Pure Car and Truck Carriers (PCTCs). The vessels will be multi-fuel and zero-carbon ready, and the order will extend Höegh Autoliners’ Aurora class newbuilding program to eight vessels, all of which will be built by China Merchant Heavy Industries (Jiangsu) Co., Ltd.The order for MacGregor's scope…
Keppel Offshore & Marine Ammonia Bunker Vessel Get ABS AIP
ABS issued approval in principle (AIP) to Keppel Offshore & Marine for the ammonia-fueled ammonia bunker vessel at the heart of Project Sabre, an initiative from a consortium of organizations to develop an ammonia bunker supply chain in Singapore.As well as ABS, the consortium includes A.P. Moller – Maersk, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Møller Center for Zero Carbon Shipping, Sumitomo Corporation, Kawasaki Kisen Kaisha, Ltd.
MAN ES, UGS Make Joint Decarbonization Commitment
Following a meeting during the 2022 Posidonia trade fair in Athens, MAN Energy Solutions and the Union of Greek Shipowners (UGS) announced their mutual commitment to a policy of decarbonization, especialy in regard to the testing and development of alternative fuels and, more generally, the maritime value chain. This recognises the vital role that engine designers and manufacturers play, and that shipping’s…
Batteries, Fuel Cells, Solar, Wind Power and More: Cruise Operator Costa Group Sets Up Decarbonization Department
The European cruise company, Costa Group, with its Costa Cruises and AIDA Cruises brands, which is part of Carnival Corporation, has created a dedicated decarbonization department within its Carnival Maritime unit based in Hamburg, Germany.The new department will be responsible for developing and implementing the strategy for achieving the decarbonization ambitions of the Costa and AIDA fleets by 2050.
WinGD and Hyundai Heavy Industries Developing Ammonia Two-stroke Engine
WinGD and Hyundai Heavy Industries’ Engine Machinery Division (EMD) are working together to deliver the first WinGD engine capable of running on ammonia, as the shipping industry continues to progress toward decarbonization.Under an memorandum of understanding (MOU) signed during the Posidonia exhibition on June 7, the partners will aim to deliver a first engine by 2025, in line with WinGD’s previously announced timeframe for bringing ammonia engines to market.
2050 Not Achievable Without Carbon Capture, says ABS' Wiernicki
“Carbon capture is going to be a key transformational technology for shipping to achieve net zero emissions by 2050. It will be critical to addressing the challenge before us, which is the sheer gradient of the curve. At the moment we can only see the outline of a solution to get us to 2050. But it is clear already that net zero cannot realistically be delivered without efficient carbon capture and storage technology,” said Christopher J.
SHI Ammonia-Fueled Neo-Panamax Container Ship earns ABS AIP
ABS granted approval in principle (AIP) to Samsung Heavy Industries’ (SHI) design for an ammonia-fueled Neo-Panamax container vessel.Presented in Athens, Greece, at the Posidonia International Shipping Exhibition, the AIP confirms the design has been reviewed by ABS against the requirements outlined in the ABS Guide for Ammonia Fueled Vessels. “This ammonia-fueled vessel represents a significant step…
ClassNK Grants AiP for Mitsubishi's Ammonia-ready VLGC
The classification society ClassNK has awarded an Approval in Principle (AiP) for Mitsubishi Shipbuilding's conceptual design of an ammonia-ready VLGC."Ammonia is expected to be used as ship fuel for decarbonization since it does not emit CO2 when burned. Meanwhile, taking adequate safety measures is imperative due to its characteristics of being toxic to humans and corrosive against materials, and ClassNK has worked on the development of standards and certification…
VIDEO: One-on-One with Pieter van Oord, CEO, Van Oord
Pieter van Oord is candid in discussing the future growth of his storied company’s activities in offshore wind with specific insights on challenging current jobs, Van Oord’s recent order of a massive and groundbreaking Wind Turbine Installation Vessel, and the company’s future working in the United States.Pieter, to start, can you give a ‘By the Numbers’ look at your company today using the metrics of your choice?Well, 2021 was a disappointing year for us.
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