Emissions

OGCI aims to reduce its emissions below 0.25% by 2025

The Oil and Gas Climate Initiative (OGCI) announced a target to reduce by 2025 the collective average methane intensity of its upstream gas and oil operations by one fifth to below 0.25%, with the ambition to achieve 0.20%, corresponding to a reduction by one third.

Achieving the agreed intensity target of 0.25% by the end of 2025 would reduce collective emissions by 350,000 tonnes of methane annually, compared to the baseline of 0.32% in 2017. OGCI will also try to achieve as much as one-third...

https://safety4sea.com/ogci-aims-to-reduce-its-emissions-below-0-25-by-2025/

CMA CGM to use LNG and scrubbers for 2020 compliance

Ahead of the 2020 sulphur cap, CMA CGM announced the measures it will take in order to comply. Namely, the company will use both LNG and scrubbers as ways of compliance.

The new IMO Low Sulphur Regulation, effective from 1 January 2020, will require all shipping companies to reduce their sulphur emissions by 85%.

In order to comply, CMA CGM has decided to favor the use of 0.5% fuel oil for its fleet, and to invest significantly:

  • By using LNG to power some of its future container ships (9 ships on...

https://safety4sea.com/cma-cgm-to-use-lng-and-scrubbers-for-2020-compliance/

DHT secures $50 million scrubber financing

Bermuda-based crude oil tanker company DHT Holdings, Inc. (DHT) announced that it has secured commitment to a $50 million financing for its earlier publicized scrubber retrofit project, subject to final documentation. The financing is structured through an increase of the existing $300 million secured credit facility entered into in the second quarter of 2017.

The increased facility will bear the same interest rate equal to Libor + 2.40%. The increased facility is available immediately and will...

https://safety4sea.com/dht-secures-50-million-scrubber-financing/

Port of LA awarded $41 million for zero emissions project

The California Air Resources Board (CARB) has preliminarily awarded $41 million dollars to the Port of Los Angeles (POLA) for the Zero-Emission and Near Zero-Emission Freight Facilities (ZANZEFF) project. The total project cost for this initial phase is $82,568,872, with partners providing $41,446,612.

The Zero and Near Zero-Emission Freight Facilities project provides a ‘shore to store’ plan and a hydrogen fuel-cell-electric technology framework for freight facilities to structure operations...

https://safety4sea.com/port-of-la-awarded-41-million-for-zero-emissions-project/

International Seaways chooses scrubbers for VLCC fleet ahead 2020

US-based tanker company International Seaways, Inc. (INSW) announced that it has signed contracts with Norwegian Clean Marine AS and a qualified system installer for the purchase and installation of scrubbers on seven of its modern VLCCs, with an option for a further three systems covering the remaining three VLCCs in its fleet.

The announcement comes amid a hot debate in shipping industry, regarding to which is the best solution for compliance with the upcoming stringent environmental...

https://safety4sea.com/international-seaways-chooses-scrubbers-for-vlcc-fleet-ahead-2020/

China possible to ban open-loop scrubbers

Speaking during a lunch that the Hong Kong Shipowners Association (HKSOA) organised, Dr. Xie Xie, director of the  Waterborne Transportation Research Institute at the Chinese Ministry of Transport, said that he is not sure if China will allow open-loop scrubbers as a compliance measure in its ECAs and coastal waters.

Open-loop scrubbers use seawater to clean the exhaust. Seawater is supplied through a pipe and while CO2 dissolves into the water, it creates carbonic acid, and bicarbonate...

https://safety4sea.com/china-possible-to-ban-open-loop-scrubbers/

+ More