• 2016 December 16 13:41

    ECSA says Parliament ETS report undermines global work on CO2 emissions of shipping

    The Environment Committee (ENVI) of the European Parliament adopted today its report on the revision of the EU Emissions Trading System (ETS). MEPs agreed on a compromise text for shipping, which puts pressure on the International Maritime Organisation (IMO) to have a system comparable to ETS operating for global shipping as from 2021. If that is not the case, then shipping will be included in the European ETS as from 2023. Part of the revenues generated from ETS will be channeled through a Maritime Climate Fund to improve energy efficiency and invest in innovative technologies for ports and short sea shipping, ECSA said in its news release.

    “The report ignores and undermines the roadmap that was agreed at IMO end of October”, said ECSA Secretary General Patrick Verhoeven, “We find this very disappointing, but it does not change our resolve to make the IMO roadmap a success. We agree that the shipping sector must further reduce its CO2 emissions with a comparable level of ambition as the rest of the world economy to contribute its fair and proportionate share in meeting the Paris’ climate target. But this can only happen effectively in a global context. Threatening with regional measures under unrealistic deadlines is a very counterproductive move.”

    The IMO roadmap has a two-staged approach, with an initial strategy to be decided in 2018, and a final plan to be adopted in 2023, taking into account real emission data that will start to be collected as of 2019. The IMO plan is entirely consistent with the Paris Climate Agreement of 2015. It is a logical follow-up to technical and operational measures taken earlier such as the Energy Efficiency Design Index (EEDI) and Ship Energy Efficiency Management Plan (SEEMP) adopted in 2011 to ensure that ships will be more CO2 efficient in the future.

    The ENVI report needs to be confirmed in a plenary vote in the beginning of next year. Negotiations will then start with Member States and the Commission. “We hope the unhelpful position of the ENVI Committee can be overturned in this process”, said Patrick Verhoeven, “The EU should engage in the global dialogue, not undermine it.”

    Including shipping in the EU ETS scheme, either directly or indirectly through a European Climate Fund, would not only seriously endanger international progress. It would inevitably also lead to carbon leakage and have negative effects on trade and jobs. The proposed Maritime Climate Fund furthermore raises a host of legal and competition issues. Establishing such a fund will be a contentious and protracted process, taking several years. In the timeframe needed to reach political agreement on such a fund, the IMO will be perfectly able to set its own strategy. Paradoxically however, the threat of a European fund – or any unilateral EU measure – will prevent this.

    The European Community Shipowners’ Associations (ECSA), founded in 1965 under the name of “Comité des Associations d'Armateurs des Communautés Européennes (CAACE)”, is the trade association representing the national shipowners’ associations of the EU and Norway, or 40% of the world fleet by gross tonnage. The EU shipping industry contributes 145 billion to the EU GDP and provides 2.3 million Europeans with promising careers both onboard and ashore. ECSA promotes the interests of European shipping so that the industry can best serve European and international trade and commerce in a competitive free enterprise environment to the benefit of shippers and consumers and help formulate EU policy on critical maritime transport-related issues. ECSA consists of a Board of Directors, three specialised committees, a number of working groups and task forces and a permanent secretariat based in Brussels.


2024 April 26

18:04 Seaspan celebrates 30 years of ship repair in Victoria
17:31 HMM enhances maritime safety with AI technology
17:13 Potential Strait of Hormuz closure threatens 21% of global LNG supply - Drewry
16:42 Van Oord christens two new hybrid water injection dredgers and an unmanned survey vessel in Rotterdam
15:57 CMA CGM announces FAK rates from Asia to North Europe
15:24 MOL announced delivery of LPG dual-fuel LPG/ammonia carrier Aquamarine Progress II
14:53 DP World and Asian Terminals launch new Tanza Barge Terminal in Cavite
14:23 MH Simonsen orders eight hybrid methanol dual-fuel tankers at China’s Jiangxi New Jiangzhou Shipbuilding
13:47 DP World and Malaysia’s Sabah Ports form a partnership to manage Sapangar Bay Container Port
13:22 SCHOTTEL to equip Guangzhou Port Group’s latest e-tug with two RudderPropellers type SRP 360
12:57 FESCO Group proposes a mechanism in favour of Russian logistics operators over their foreign competitors in domestic transport market
12:39 SSK shipyard launches the Project 14400 support ship Nikolai Kamov in the Nizhny Novgorod region
12:33 Six companies start a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido
11:52 European shipowners welcome 40% production benchmark for clean shipping fuels in Europe
11:14 Greek shipowners leaders in the secondary market once again
10:08 MPCC secures ECA-covered sustainable financing for its dual-fuel methanol newbuildings
09:38 Romanian port of Constantza to receive a new oil products terminal

2024 April 25

18:07 MSC collaborates with GSBN to trial integrated safe transportation certification verification process
17:23 China launches construction of cutting-edge marine research vessel
17:06 CMA CGM and Bpifrance launch €200mln fund to decarbonize French maritime sector
16:46 Avenir LNG orders two 20,000 M3 LNG bunker delivery vessels
16:05 Port of Amsterdam revenues up to €190.4 million in 2023
15:46 OOCL launches Transpacific Latin Pacific 5 to offer express linkage between Asia and Mexico
15:23 MOL is 1st Japanese shipping company to raise funds through transition linked loan using performance-based interest subsidy system
14:53 Trident Energy enters the Republic of Congo with strategic deal
14:21 LNG-powered ship moored in Koper for the first time
13:38 MABUX: Bunker Outlook, Week 17, 2024
13:32 The Grimaldi Group's Great Abidjan delivered in South Korea
13:12 European Parliament updates trans-European transport network guidelines
12:40 ClassNK releases route correction factors calculation tool "WACDAS"
12:10 MOL and Gaz System enter into agreement on FSRU project in Gdansk, Poland
11:31 Wartsila Gas Solutions to supply cargo handling system for a new 12.5k LNG bunkering vessel for Scale Gas
11:09 Wartsila secures China’s largest-ever methanol newbuild order
10:42 Valencia port community increases waste recovery by 75%
10:22 Kongsberg completes factory acceptance testing of the first production long-range autonomous underwater vehicle system HUGIN Endurance
09:53 Vladimir Putin: The BAM carrying capacity to reach nearly 42 million tonnes in 2024
09:47 Hanwha Ocean reports an operating profit of $38.6 mln on a consolidated basis in January-March 2024

2024 April 24

18:02 Incat to commence design study for new electric-hybrid ferry in partnership with DFDS
17:39 FESCO's 2023 revenue was up 6% Y/Y to RUB 172 billion
17:20 Peninsula adds chemical tanker Aalborg to supply in the Port of Barcelona
17:17 NCSP Group’s Q1 net profit rises 1.9 times to RUB 4.8 billion
17:03 AtoB@C Shipping reveals names for the rest of its new hybrid vessels
16:45 Red Sea conflict brings massive carbon emissions increases in ocean freight shipping
16:17 Wallenius Wilhelmsen signs a 20-year lease agreement with the Georgia Ports Authority
15:46 AD Ports Group secures a 20-year agreement to operate and upgrade Luanda multipurpose port terminal in Angola
14:43 Hengli Heavy Industries receives an order for four bulkers from Ciner Shipping
14:27 TotalEnergies, OQ to launch $1.6bn LNG bunkering project in Oman
13:54 Major shipping companies may resume limited calls to the Port of Baltimore
13:10 HD HHI inks MOU with Philly Shipyard for US vessel MRO business
12:45 MSC adds King Abdul Aziz Port in Dammam to its East Africa Express service
12:16 Norton Rose Fulbright advises Citibank on $450m facility for Danaos Corporation to acquire eight newbuild vessels
10:40 DEME and Jan De Nul build the foundation for an energy island on behalf of Elia Transmission
10:08 Salzgitter AG and Uniper SE sign pre-contract for the supply and purchase of green hydrogen
09:18 Norwegian Cruise Line and Fincantieri float out the first ship of the extended Prima Plus Сlass

2024 April 23

18:02 SFL acquires two LNG dual-fuel chemical carriers in combination with long term employment
17:31 Pioneering Spirit completes its first pipeline pull-ins in Kalsto, Norway
17:04 Valenciaport admits the four bids for the construction of the North Terminal
16:54 Vancouver welcomes its first resident battery electric tugs
16:24 Shanghai Port and Lianyungang Port strengthen partnership
15:44 WinGD to debut short-stroke engine design after successful shop test
15:24 Overseas Shipholding Group awarded federal grant to design marine transport for liquified CO2 captured by Florida’s largest emitters
14:53 H2Carrier to establish Norway's first integrated PtX and wind power project
14:23 IBIA and BIMCO sign collaboration deal
13:52 Container ship Xin Xin Shan arrested in Singapore
13:22 MOL to merge its subsidiaries in the Philippines
12:53 Haiti fuel terminal operations halted as gangs seize trucks
12:30 HHLA acquires interest in Austrian intermodal service provider Roland
11:42 South Korean yards built 500 LNG carriers for export in 30 years
11:19 Wartsila to provide a range of solutions for the six PCTCs being built for Sallaum Lines
10:36 Thecla Bodewes Shipyards successfully launches 'Vertom Anette’ for Vertom Group