A.P. Moller Foundation donates US$45 million to accelerate zero carbon shipping transition

A.P. Moller Foundation decided to donate US$45,19 million to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center).

The Center is a non-profit organisation and funding includes co-financing from strategic partners, government resources, charitable funding, and commercial activities.

This is the second donation, after the US$56,48 million received by the Center as start-up funding when it launched in June 2020.

“The shipping industry has an obligation to act forcefully but the...

https://container-news.com/a-p-moller-foundation-donates-us45-million-to-accelerate-zero-carbon-shipping-transition/

ZIM joins SEA-LNG coalition

SEA-LNG, the coalition formed to highlight the benefits of LNG as a sustainable marine fuel, has announced that ZIM is a new member of the organisation.

The Israeli container carrier, which is also a member of the Clean Cargo Working Group (CCWG) since 2013, is working to improve the environmental performance of marine container transport and recognises the importance of LNG to achieve this goal.

“LNG-fuelled capacity further strengthens ZIM’s position at the forefront of preserving clean air and...

https://container-news.com/zim-joins-sea-lng-coalition/

MOL establishes EcoMOL towards decarbonisation

Mitsui O.S.K. Lines (MOL) announced the establishment of EcoMOL, a wholly owned subsidiary that aims to increase ship’s operational efficiency through digital solutions.

MOL’s goal is to improve fuel efficiency by 5% by the end of 2024.

In the short term, improving the ship’s operational efficiency, including the ship’s ESD (energy sailing device) facilities, is the most efficient and realistic solution, according to MOL.

The Japanese shipping company, therefore, will support dynamic and...

https://container-news.com/mol-establishes-ecomol-towards-decarbonisation/

Aqaba Container Terminal unveils US$50 million decarbonisation plan

Jordan’s Aqaba Container Terminal (ACT) has recently announced its decarbonisation targets and the roadmap it will follow to reach its net-zero goal by 2040.

This took place at a roundtable discussion led by ACT CEO Soren Jensen, who said, “We are proud to confirm our commitment to industry-leading reductions of greenhouse gas emissions of 70% by 2030, to reach net-zero by 2040, which is sooner than both the Paris Agreement and Jordan’s national target.”

ACT issued a report that sets out three...

https://container-news.com/aqaba-container-terminal-unveils-us50-million-decarbonisation-plan/

Adani and TotalEnergies unveil plans for the largest green hydrogen ecosystem

Adani and TotalEnergies have launched a new partnership to jointly create the world’s largest green hydrogen ecosystem.

TotalEnergies will have a 25% minority interest in Adani New Industries (ANIL) by Adani Enterprises (AEL).

Through this cooperation, the energy landscape is expected to be transformed both in India and globally.

ANIL aspires to invest more than US$50 billion over the next decade in green hydrogen and related ecosystems. In the initial phase, ANIL will develop a capacity of 1...

https://container-news.com/adani-and-totalenergies-unveil-plans-for-the-largest-green-hydrogen-ecosystem/

Shippers fear higher freight costs due to carbon tax

Fear prevails in the Global Shippers Forum (GSF), the global business organisation which represents cargo owners exporting and importing to international supply chains.

The reason is the new carbon tax that will be discussed at this week’s meeting of the Marine Environment Protection Committee (MEPC) at the International Maritime Organisation (IMO) and it seems that it will increase freight costs for shippers beyond the already record levels.

After decades of efforts by the IMO to reach an...

https://container-news.com/shippers-fear-higher-freight-costs-due-to-carbon-tax/

Port of Rotterdam to reduce emissions by 90% until 2030

The Port of Rotterdam Authority is aiming to accelerate its agenda to reduce its own carbon emissions.

Today most of the CO₂ of the port of Rotterdam is emitted by the (patrol) vessels and another part comes from the use of cars and buildings, with the total annual number amounting to 4,000 tonnes.

The carbon emissions of the major European port are expected to be 75% lower in 2025 and 90% lower in 2030 compared to 2019.

However, as an ultimate goal, the Port of Rotterdam Authority wants its...

https://container-news.com/port-of-rotterdam-to-reduce-emissions-by-90-until-2030/

Svitzer unveils its decarbonisation strategy

Maersk’s towage subsidiary, Svitzer has announced its decarbonisation strategy aiming to become fully carbon neutral by 2040.

The decarbonisation strategy of Svitzer is split into two phases. Firstly, Svitzer is aiming to reduce the CO2 intensity of its entire fleet by 50% by 2030.

As part of the strategy, Svitzer will invest time and capital to embed sustainability throughout its business, in day-to-day operations, in people and how they do their jobs, in its fleet and through the types of fuel...

https://container-news.com/svitzer-unveils-its-decarbonisation-strategy/

Rio Tinto joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping welcomed Rio Tinto as its new strategic partner.

The global mining group Rio Tinto is committed to a long-term strategic partnership and contribution to the development of zero carbon technologies and solutions for the shipping industry, according to a statement.

In October 2021, Rio Tinto announced it would accelerate efforts to achieve net zero emissions caused by its shipping activities by 2050.

At the same time, the mining group...

https://container-news.com/rio-tinto-joins-maersk-mc-kinney-moller-center-for-zero-carbon-shipping/

Yang Ming joins The Silk Alliance

Yang Ming has joined The Silk Alliance aiming to navigate the challenge of net-zero carbon emissions in the shipping industry.

The Silk Alliance has set the goal of establishing the Green Corridor Cluster and paving the way for maritime decarbonisation.

Initiated by Lloyd’s Register Maritime Decarbonisation Hub, The Silk Alliance is made up of members with diverse shipping skills and knowledge.

Its core value is to provide relatively safe, commercially viable, and sustainable fleet-specific...

https://container-news.com/yang-ming-joins-the-silk-alliance/