The ship industry briefing

The latest news, views and numbers you need to know this month

News in Numbers

$210.25m

51%

52%

98.4%

$107.8m

Business

Port of Galveston commences construction of $125m cruise terminal

The Port of Galveston in Texas, the US has commenced the construction of Royal Caribbean International’s new $125m Oasis-class cruise terminal.

To mark the occasion, a ground-breaking ceremony was held at the port.

Source: Ship Technology

WinGD to deliver hybrid energy systems for NYK newbuilds

Swiss engine designer Winterthur Gas and Diesel (WinGD) has secured a contract to deploy hybrid energy systems on four newbuild pure car and truck carriers.

These vessels will be constructed for Japanese owner NYK Line and are expected to be delivered in 2023.

Source: Ship Technology

Maersk turns to REintegrate for green e-methanol supply

Integrated container logistics firm AP Moller-Maersk has signed a contract with Denmark-based Reintegrate, a subsidiary of renewable energy firm European Energy, for the supply of green fuel for its first ship to run on carbon-neutral methanol.

Source: Ship Technology

LNG TO BREAK THE ICE

Wärtsilä Voyage has secured an order to supply radio and integrated navigation systems for ten icebreaking liquefied natural gas tankers, which are to be built for the Arctic LNG-2 project. The new contract, which was placed in January, will now be implemented in partnership with Samsung Heavy Industries shipyard.

Source: Ship Technology

Quotes

Stephen Cotton, General Secretary of the International Transport Workers’ Federation, argues that worker participation is vital in the transition to a zero-carbon transport sector.

"Many of the catastrophic events described in the IPCC report (heat waves, extreme weather, droughts) are already impacting transport in 2021. Seafarers in Greece and Turkey have been evacuating residents endangered by this summer’s devastating wildfires. Subway workers in London, Zhengzhou, and New York City struggled to deal with overwhelming floods in train tunnels, helping to mitigate damage and loss of life. Fire and mudslides have severely disrupted routes in parts of the western US. 

"With this kind of first-hand understanding, transport workers must be at the centre of developing sustainable policies and systems. We must not leave things to be decided in lofty boardrooms and government offices — these people have failed us already. Change must happen as part of a just transition to a greener economy, anchored by high quality union jobs, access to training, and full social support."

IMO Secretary-General Kitack Lim reflects on a decade of mandatory energy efficiency measures for ships.

"In July 2011, the first set of mandatory measures to improve the energy efficiency of new build ships was adopted, fundamentally changing the baseline for the performance of the incoming global fleet in terms of emission reduction.

"The pace of regulatory work to address GHG emissions from shipping has continued within the framework of the IMO Initial Strategy for reducing GHG emissions from shipping, and most recently with the adoption of further, key short-term measures aimed at cutting the carbon intensity of all ships – newbuild and existing ships – by at least 40% by 2030, compared to the 2008 baseline, in line with the initial strategy ambitions.

"The package of mandatory measures combined with implementation support sets shipping on a pathway to decarbonisation. There is more work to do, but we have solid foundations, which is contributing to the global fight against climate change."