Emissions & Omissions Archives - The Loadstar

Neoline blows in as ‘a different type of shipowner and operator’

David Badger — Fri, 01 Nov 2024 13:15:58 +0000

It is becoming possible for some ships to save a portion of their emissions by retrofitting a sail, but French start-up Neoline has something different in mind: building, owning and operating sailing cargo vessels from the keel up.
Recent news points to a consolidation of newbuild shipping tonnage in fewer hands. But in conversation with The Loadstar, Neoline president Jean Zanuttini said the company’s intention was to “demonstrate that it’s possible ...

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Idle containership fleet grows a little – but emissions are soaring

Charlie Bartlett technology editor — Thu, 31 Oct 2024 12:46:36 +0000

The end of the early peak season and a truncated US east coast port strike has led to a lull in active tonnage in the global liner fleet, with Alphaliner pointing to an increase in the number of idle vessels over the past fortnight, to a total 245,000 teu.
“Alphaliner’s latest fortnightly survey, on 21 October, tallied 71 ships with a total capacity of more than 245,000 teu as commercially idle,” ...

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Out-of-fashion LNG now the favourite fuel for new containerships

Charlie Bartlett technology editor — Wed, 16 Oct 2024 11:59:19 +0000

LNG appeared briefly to go out of fashion last year after being slammed as a ‘bridge to nowhere’ and a fossil fuel industry ‘con’.
However, LNG-fuelled containerships have swept back to prominence in newbuild ordering, with a share of some 55% of the 2024 orderbook.
A record 1.76m teu of LNG-powered tonnage has been ordered, says Alphaliner this week, up from 440,000 teu in 2023.
It also represents a major increase over the ...

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Greener vessels could turn a profit under FuelEU programme

Charlie Bartlett technology editor — Thu, 03 Oct 2024 11:56:06 +0000

Unlike EU ETS, FuelEU has the rare distinction of being a regulation from which carriers stand to gain – and it could even engineer a situation in which ships are “paid to bunker” green fuels, explained Albrecht Grell, OceanScore MD, this week.
FuelEU’s ‘pooling’ provision will give some ships which bunker biofuel a ‘surplus’ which can be exchanged with other vessels.
This means that, rather than use new green fuels themselves, shipowners ...

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Adding UK port as first call will see Asia-Europe liners save on ETS fees

Charlie Bartlett technology editor — Fri, 27 Sep 2024 11:56:24 +0000

Research from analyst Sea Intelligence has found that next year, Asia-North Europe services with a first port of call outside the EU – most often the UK – will allow carriers to sidestep much of their EU Emissions Trading System (ETS) obligation, with MSC potentially enjoying a saving of 47%.
UK ports are emerging as winners in the wake of ETS market distortion, with carriers adding a call at Southampton, Liverpool ...

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Demurrage income driving carriers into ‘hurry-up-and-wait’ scenario

Charlie Bartlett technology editor — Fri, 20 Sep 2024 12:04:53 +0000

The ability of container carriers to levy high demurrage charges on shippers is holding back progress solving one of the biggest shipping bugbears – the “hurry-up-and-wait” scenario, in which box ships increase speed to catch up on schedules, only to end up anchored outside their destination port waiting for a berth.
Some estimates conclude this is increasing container shipping’s CO2 emissions by 15%.
Ships can only unload cargo when there are berthing ...

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Global biofuel production capacity predicted to be unable to meet shipping demand

Charlie Bartlett technology editor — Thu, 12 Sep 2024 11:58:35 +0000

UK ship classification organisation Lloyd’s Register (LR) has warned shipowners and their decarbonisation-conscious customers that the cost of liquefied bio methane (LBM), the presumed drop-in replacement for LNG in the latest generation of newbuilds, is rapidly increasing compared with other forms of biofuel.
Shipping giants are looking to biofuels as one of the few options available to them to meet oncoming FuelEU guidelines, which mandate an increasingly aggressive schedule of CO2 ...

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Vessel pooling could halve costs of compliance with looming FuelEU regulation

Charlotte Goldstone — Tue, 09 Jul 2024 12:43:39 +0000

The looming FuelEU Maritime regulation will pose significant challenges and extra costs for the shipping industry, and ways to mitigate this won’t come cheap.
The regulation, coming into force on 1 January, sets targets for the greenhouse gas (GHG) intensity of the energy used on a ship, with targets getting stricter every five years.
The GHG intensity requirement applies to 100% of energy used on voyages and port calls within ...

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Going green gives forwarders ‘a competitive edge’ – but it can be costly

Charlotte Goldstone — Fri, 05 Jul 2024 10:32:12 +0000

Increased competitive advantage is reported as the primary benefit for freight forwarders ‘going green’, according to a recent report by the British International Freight Association (Bifa) and emissions calculation platform Pledge.
However, many companies are yet to see the benefits.
Yesterday, Bifa policy advisor for environmental issues Mike Jones noted that the three main issues for a forwarder considering a sustainability initiative were moral, legal and commercial.
And the most ...

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Demand for warehousing expected to pick up – but facilities must be up to date

Charlotte Goldstone — Tue, 02 Jul 2024 12:41:18 +0000

Global warehouse demand is expected to pick up at the end of the year, according to Transport Intelligence (Ti), but it warned that ‘outdated’ warehouses would not secure premium contracts as shippers demand more modern and sustainable storage operations.
In its Q1 24 Warehouse Tracker, Ti reports that warehouse costs have increased steadily since the first quarter of 2022, although that growth has been dented by high vacancy rates.
In particular, markets ...

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