Innovative wing sail retrofit wins chemical tanker a Green Award

The Green Award Foundation reports that the Chemship B.V. chemical taker Chemical Challenger, has become the first vessel to receive the prestigious Green Award GHG Label for CO2 reduction through the use of innovative wind technology.

VIDEO: Chemship retrofit is a wind-assisted propulsion world first

The 16,000-ton chemical tanker, managed by Hong Kong headquartered Fleet Management Limited recently completed a retrofit that saw it become the world’s first chemical tanker to be fitted with...

https://www.marinelog.com/legal/environment/innovative-wing-sail-retrofit-wins-chemical-tanker-a-green-award/

Environmental Regulations Are Creating A New Language In Shipping

Environmental regulations are creating a new language in shipping: its CO2 emissions per ton-mile. When you combine that with new technologies, and probably more importantly the rate of change of new technology, it is going to drive commercial decisions which will shape the way we manage risk now more than ever.

That’s the view of ABS Chairman, President and CEO, Christopher J. Wiernicki, who spoke at the 11th Annual Capital Link Operational Excellence in Shipping Forum, says in article...

https://mfame.guru/environmental-regulations-are-creating-a-new-language-in-shipping/

BIMCO Cautions, IMO Plans on Carbon Cut Leads To Emissions

  • IMO plans for ships to cut CO2 intensity by 2% a year between 2023 and 2026 could actually boost overall emissions, according to a leading shipowner trade association.
  • The measures may also infringe charterers’ basic rights, BIMCO deputy general secretary Lars Robert Pedersen added.
  • The technical stipulations essentially amount to retrospective application of the Energy Efficiency Design Index yardstick for newbuildings, known as EEDI, to the existing world fleet.

A recent news article...

https://mfame.guru/bimco-cautions-imo-plans-on-carbon-cut-leads-to-emissions/

Euronav NV Contracts With HSHI For VLCCs

  • Euronav NV has confirmed that it signed contracts for the construction of two very large crude carriers (VLCCs) with Hyundai Samho Heavy Industries (HSHI).
  • The deal was unveiled on 19 April by Korea Shipbuilding & Offshore Engineering (KSOE), a parent company of HSHI.

According to an article published by Offshore Energy, Belgium’s tanker shipping company Euronav NV has confirmed that it signed contracts for the construction of two very large crude carriers (VLCCs) with South Korean shipbuilder...

https://mfame.guru/euronav-nv-contracts-with-hshi-for-vlccs/

EPS Surpassed Its CO2 Reduction Target Two Years Ahead of Schedule

EPS, which operates a diverse fleet of over 15m dwt, revealed the achievement as it published its Environmental, Social & Governance (ESG) Policy for 2021, says an article published in seatrade maritime.

EPS Disclosing Its Fleetwide CO2 Emissions

EPS started disclosing its fleetwide CO2 emissions last year and uses the Annual Efficiency Ratio (AER) measurement for which had set a target of 4.5 by 2022, reducing 4.7 in 2019 and 5.1 in 2021. On Thursday EPS disclosed that it had achieved an AER of...

https://mfame.guru/eps-surpassed-its-co2-reduction-target-two-years-ahead-of-schedule/

Innovative partnership for CO2 reduction in North Sea Port

ArcelorMittal and Dow Benelux will start trials with a new pilot installation that will separate carbon dioxide (CO2) and carbon monoxide (CO) from the gases resulting from steel production. The installation is located at the ArcelorMittal company site in the North Sea Port in Ghent.

The process aims to capture the CO2 and concentrate it for storage (Carbon Capture and Storage) or further usage (Carbon Capture and Utilisation). This will make valorisation of this gas as a raw material for the...

https://container-news.com/innovative-partnership-co2-reduction-north-sea-port/

DNV-GL study about CO2 reduction

The Dutch refinery sector can reduce annual CO₂ emissions by 5.5 Megatonnes by 2030. This is a quarter of the 19.4 Mt CO₂ reduction challenge that the cabinet set for the industry for 2030. The technology that can make the biggest contribution towards this reduction is CCS (Carbon Capture Storage). The sector can use the capture and storage of CO₂ to reduce CO₂ emissions by over 4 Mt. This is stated in the ‘Dutch refineries CO₂ reduction roadmap’ study, conducted by advice agency DNV-GL,...

http://container-news.com/dnv-gl-study-co2-reduction/

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