• 2022 March 16 12:55

    Posidonia 2022 to set countdown agenda for IMO’s next decarbonisation milestone

    Leading classification societies outline roadmap to GHG emissions target reduction

    The world’s leading classification societies for the marine industry are returning to Posidonia this June, following the pandemic-induced hiatus, during which they have been mapping out the path to the International Maritime Organisation’s 2030 deadline, for an at least 40% reduction of shipping’s average carbon intensity (CO2 per tonne mile), compared to 2008.

    The most imminent milestone of the IMO’s decarbonisation roadmap is 1st January 2023, requiring that all vessels calculate their Energy Efficiency Existing Ship Index (EEXI) and establish their annual operational Carbon Intensity Indicator (CII).

    Scheduled for June 6-10, the Posidonia exhibition will provide the world’s maritime community with a pertinent and timely platform to meet with the likes of ABS, BV, CCS, Class NK, DNV, KR, LR and RINA, amongst others, to align a collective response to the IMO mandate and navigate the last miles remaining prior to the implementation deadline for the EEXI and CII requirements.

    Speed is of the essence, both in terms of how quickly shipowners and the industry at large could respond to the IMO’s short term monitoring requirements, as well as insofar their long-term commitment to lower the limit of knots their fleets can travel.

    “We know that the journey to a destination of net zero by 2050 must begin and many shipowners and operators are well on their way. But companies and individuals will move at different speeds. Classification will play a key and vital role on the way to net zero, supporting stakeholders, whatever their speed of change, but we probably need to prepare to be surprised,” said Paillette Palaiologou, Vice President Marine & Offshore Division, SE Europe, Black Sea & Adriatic Zone, Bureau Veritas.

    At Posidonia 2022 BV will showcase its full range of classification services and digital platforms, such as VeriSTAR Green, a tool which supports compliance with EEXI and CII. BV has already introduced guidance for ammonia as a marine fuel, methanol and wind propulsion rules and is about to delve deeper into hydrogen.

    American Bureau of Shipping (ABS) is another classification leader with many nautical miles under its belt on the course to decarbonisation. From its Athens-based central hub of its international sustainability network, ABS has been working with owners and operators to develop individual decarbonisation strategies across the areas of benchmarking, improvement and monitoring.

    Georgios Plevrakis, ABS Vice President, Global Sustainability, said: “Existing vessels can improve operational efficiency, which encompasses speed optimization and digital technologies and these offer short term savings, which then need to be monitored to evidence the improvement on the carbon intensity trajectory.” 

    ABS has been developing practical applications of key decarbonisation technologies and fuels, including carbon capture onboard, offshore green hydrogen production, ammonia as fuel, advanced LNG vessel and containment designs, among many others.

    According to DNV, decarbonisation is a challenge that no one player, or even industry, can tackle on its own. “Today we have moved on from declarations of intent to action. We need a collaborative effort, with joined-up infrastructure, energy, technology, understanding, regulations, and financial support, all striving towards the same goal. There is real momentum building, and we all need to keep focused on taking the next step forward to get to this goal,” said Knut Ørbeck-Nilssen, CEO DNV Maritime.

    Shipbuilding is a key stakeholder with a significant role to play in the decarbonisation discourse as it needs to support shipowners’ efforts to comply with the stringent requirements of the regulator.

    “The more challenging riddle is found in new construction choices, with carbon reduction regulations suggesting a ship built today must be 40% more efficient in 20 years’ time. We are active in that space, helping owners understand how the choice of one technology or fuel over another affect their trajectory,” said Plevrakis of ABS.

    As a representative of the collective Posidonia 2022 participation of the Dutch shipbuilding industry, Roel de Graaf, Managing Director, Netherlands Maritime Technology, believes that energy transition is a topic of profound importance for the global maritime industry.

    “We are already seeing a lot happening in the field of electrification and alternative fuels. For different ship types, there are different solutions. And within the framework of our maritime masterplan we are working towards a smart and emissions-free maritime sector.

    “The whole Dutch maritime sector has developed a maritime masterplan together. Through maritime R&D projects, technologies are being developed in the Netherlands to make shipping more sustainable. The goal of the masterplan is to come up with at least 30 emission-free ships by 2030,” said de Graaf.

    But it’s not just new ships that need to comply with the IMO’s regulations. Existing fleets need to embark on extensive retrofitting projects to bring them in line with requirements.

    “The decarbonisation drive will lead to increasing demand for technologies and services to make the global fleet meet the environmental targets. Especially for the current trading vessels we expect a lot of retrofit demand going forward,” said Stavros Leousis, Managing Director of the Greek branch of UK’s ship repairs, drydocking and retrofitting company Newport Shipping, which is preparing for its second Posidonia participation.   

    Theodore Vokos, Managing Director, Posidonia Exhibitions S.A., said: “Decarbonisation and its drivers of new propulsion technologies, alternative fuels and required infrastructures will be extensively debated at the Posidonia 2022 Conference programme, as indeed will all other issues of interest and concern to the global shipping industry.

    “Once again, in June this year, Posidonia will provide a prestigious platform for the international maritime community to convene, communicate with each other, learn from each other, establish new partnerships and discover the latest trends and technologies that will impact the sector in the years to come.”

    Posidonia is organised under the auspices of the Ministry of Maritime Affairs & Insular Policy, the Union of Greek Shipowners and the Hellenic Chamber of Shipping and with the support of the Municipality of Piraeus and the Greek Shipping Co-operation Committee.

    The event website >>>>




2024 June 4

18:00 LR approves HD Hyundai Mipo & HD KSOE design for ammonia fuel-cell 1,300 TEU Class feeder ship
17:37 Diamond Line and Tarros announce new weekly PAE service between Egypt, Greece with Algeria
17:25 LR and Guangzhou Shipyard International ink JDP for world’s largest ammonia carrier
17:19 HD Hyundai to develop AI technology for ships
16:47 New offshore ROV and subsea services company FreeStar acquires vessel and starts operations
15:06 Russia set to boost its seaports capacity by 232 million tonnes per year in 2025-2030, official says
14:24 AltaGas and Vopak reach positive final investment decision on Ridley Island Energy Export Facility
12:24 FPSO vessel arrives at the Greater Tortue Ahmeyim Phase 1 LNG development off Mauritania and Senegal
11:48 Maersk faces significant port congestion in Asia, Mediterranean
10:55 SOHAR Port becomes one of the first ports in the Middle East ever to use biofuel bunkering in tugboat operations
10:18 Stena Line reports significant reductions in fuel consumption thanks to the strategic use of AI

2024 June 3

18:00 European Commission launches new mechanism to boost hydrogen market
17:04 ADNOC Logistics & Services to acquire Navig8
16:58 Union Maritime works with BAR Technologies to deploy wind propulsion on a total of 34 newbuild vessels
16:24 LR award new ammonia vessel design approval in principle
15:25 ABS 2024 Outlook highlights active shift in fleet composition toward more sustainable fuel alternatives
13:20 World Shipping Council welcomes new IMO regulations on mandatory reporting for containers lost at sea
12:56 Wartsila partners with Gas and Heat and RINA for new ammonia fueled bunkering vessel
12:25 Unifeeder launches ‘greenbox’ to support customers lower scope 3 emissions
10:48 ClassNK releases “Guidelines for Ships Using Alternative Fuels (Edition 3.0)”
10:13 OTESAT_MARITEL receives Type Approval certificates from Bureau Veritas for cybersecurity solutions

2024 June 2

15:44 Prosafe to provide gangway connected operations to support a project off the coast of Western Australia
14:08 Alternative fuels research project to assess 'actual' impact on ship performance
12:33 Panama Canal increases vessel draft to 45 feet ahead of schedule and before rainy season arrives
10:27 FMC: Compromise agreements yield over $2.3 million in penalties and changes to business practices

2024 June 1

14:33 Saipem strengthens its E&C fleet with bareboat charter of latest generation heavy lift pipelay vessel
12:11 Adani Ports signs 30-year concession to operate CT2 at Dar es Salaam Port
11:28 Singapore has seen a significant increase in vessel arrivals in Jan-Apr 2024
10:57 ONEX Shipyards joins Green Award Foundation to provide incentives to frontrunner shipping companies
09:53 Russia to supply up to 70 million tonnes of grain to global markets in 2024, official says

2024 May 31

18:06 Fratelli Cosulich Group celebrates the new vessel "Marta Cosulich"
17:36 Eight investment schemes submit an EoI for the acquisition of a majority stake in the share capital of the Lavrio Port Authority
17:12 Fairchem Pathfinder completes its inaugural LNG bunkering operation in Singapore
16:41 Fortescue plans to order five very large ammonia carriers
16:25 Antong acquires Sinotrans Container Lines and China Merchants RoRo Transportation from China Merchants Energy Shipping Company
15:42 SWS and X-Press Feeders sign contract for four 11,000 TEU methanol-fueled boxships
15:23 Avenir LNG launches ship-to- ship LNG bunker supply in the port of Lubeck
14:42 PSA Singapore and PIL successfully trial a low-carbon end-to-end shipment
14:12 China's container throughput at its ports rose 9 percent year on year in Jan-Apr 2024
13:44 Swedbank sets climate target for shipping portfolio
12:49 Ship traffic to resume in Turkey's Bosphorus Strait after brief suspension
12:23 Global schedule reliability drops back to January 2024 levels
11:59 ABS and HD Hyundai Heavy Industries sign JDP to advance 3D printing
10:48 AD Ports Group and Economic Development Board of Madagascar sign MoU
10:27 Metrans expands terminal area in Dunajská Streda
09:58 DNV validates Norsepower’s new EEDI/EEXI calculation method

2024 May 30

18:06 RINA unveils Strategic Plan to reach 2 billion euros by 2030
17:21 Seaspan Shipyards unveils digital model of Canada’s heavy Polar Icebreaker
17:10 “K” Line announces delivery of a Capesize Bulk Carrier fueled by LNG "CAPE HAYATE" for JFE Steel Corporation
16:40 KOMIPO and Vitol extend long term LNG supply contract
16:02 HD HHI to build naval MRO service base in Philippines
15:58 Danaos adds four more vessels to its order book
15:25 Saudi Aramco to reportedly sell $10 billion to $20 billion worth of shares in new offering
14:43 Subsea7 awarded ‘super-major’ contract offshore Brazil
14:13 TECO 2030’s fuel cell runs at 100% power capacity in test bed
13:42 Platform ship Marechal Duque de Caxias arrives in Brazil on its way to the pre-salt layer
13:17 First shore power for seagoing vessels arrives at Antwerp Euroterminal
12:44 EU sets higher tariffs on Russian and Belarusian grain products
12:21 Sea-Intelligence: Brexit leads to 24% ETS North Atlantic savings
12:08 MABUX: Bunker Outlook, Week 22, 2024
11:51 Cargotec starts the sales process of MacGregor
11:24 NYK and CMLNG jointly establish a ship-management company for LNG carriers "OPearl"
09:56 LR and REGENT partner on certification for all-electric seaglider

2024 May 29

18:00 Kongsberg Discovery completes an underwater demonstration of an autonomous underwater vehicle for the US Navy
17:07 CMA CGM Symi receives LNG from North America’s largest LNG bunker barge
16:47 ABS-classed SOV ECO EDISON launched
16:21 Brittany Ferries, Wartsila and Incat partner on zero-emissions ferry project
15:37 Huisman to deliver deepwater Knuckle Boom Crane for Coastal International Marine
15:13 Wintershall Dea installs template on Dvalin North field
14:55 Hyundai Glovis orders six dual-fuel LNG car carriers in China