Average Demurrage and Detention charges register a year-on-year decline of 25% in 2023, with a significant 14% decrease compared to the rates in 2020, as found by Container xChange’s annual Demurrage and Detention Charges benchmark report 2023. However, there are still 11 ports where Demurrage and Detention fees remain higher as compared to 2020. These …
Funding for the maritime sector to develop sustainable technologies that help connect people, goods and services in a cleaner, greener way. The maritime sector given greater support to deliver innovative solutions and new technology in the race to decarbonise the industry and grow the economy, as government commits £34 million of funding, part of the …
Cleaner shipping gets £34 million boost with next round of innovative tech funding Read More »
In Europe, we have been seeing an increasing amount of climate change evidence that makes us reconsider our outfit choices every day and if (not) bringing an umbrella was the right thing. A not-so-snowy winter, no nice spring weather, a lot of summer rain in Southeastern and Central Europe, but very dry in the North …
In focus: How international are decarbonization efforts? Read More »
Whilst the climate crisis keeps taking its toll on the global stage, the latest Climate Change Committee (CCC) report warned of a lack of urgency from the UK government, as credible plans are in place for less than a fifth of required emissions cuts. Three organisations have joined forces to expose in court once again …
New legal storm looms over the UK: Will it scrap its £11.6 billion climate pledge? Read More »
Greece’s Capital Ship Management (CAPITAL) has welcomed the last of six LNG fuel-ready tankers with eco-friendly design – the newbuild 50,000 dwt chemical/product medium range tanker M/T Akrisios. Courtesy of Capital Ship Management The company announced the delivery of the vessel, which was built by Hyundai Vietnam Shipyard Co. Ltd., on 7 July. Like its …
CAPITAL takes delivery of final LNG fuel-ready eco-friendly tanker Read More »
The Port of Esbjerg has entered into a cooperation agreement with PensionDanmark under which the port will receive DKK 5.8 billion (about EUR 779 million) for the construction of facilities for the production of offshore wind turbines. Port Esbjerg/European Energy PensionDanmark has decided to invest up to DKK 7 billion (around EUR 940 million) in the Port …
Three Japanese companies Marubeni Corporation, Biofuel Technology Research (BTR) and Tabichi Kaiun Co. have jointly performed fueling of a fully-pressurized LPG carrier with biofuel produced from biomass-based waste liquid and green methanol. Courtesy of Marubeni Corporation According to the partners, this is the world’s first application of biofuel using green methanol and biomass-based waste liquid …
The UN’s International Maritime Organization (IMO) has just adopted a revised strategy to decarbonise global shipping at the Marine Environment Protection Committee (MEPC 80) climate summit in London. Credit: International Maritime Organisation (IMO) This week’s 80th MEPC marked a critical moment for determining whether the shipping industry is able to keep the Paris Agreement goal …
IMO’s revised GHG strategy adopted, ‘by or around 2050’ net-zero target for shipping Read More »
Wave Energy Scotland (WES) has launched a Direct Generation Concept Design Competition, inviting wave energy specialists, concept designers and solution architects to apply. Illustration/NetBuoy during tank trials (Courtesy of Wave Energy Scotland) Direct generation is the application of novel electrostatic generation technologies, which use the flexible properties of elastomers and polymers to drive variable capacitance, …
Scots launch new competition to cut costs of wave energy technology Read More »
Energy services provider Expro has secured a contract with what it says is a “major operator” for the first deployment of its single-valve subsea solution. Source: Expro Group According to Expro, the multi-functional single shear and seal mechanism will form part of a full subsea deepwater completion/intervention system being designed for a “long-standing and valued” customer …
First deployment of Expro’s single valve-subsea solution with ‘major operator’ Read More »
