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Value Maritime launches sister company for onshore carbon activities

Value Maritime launches sister company for onshore carbon activities

by Mariska Buitendijk | Jul 10, 2023 | Emissions, Energy transition, News, Shipping

Value Maritime, an emission-reducing tech specialist for ships, has launched sister company Value Carbon. The new company will manage shore-based carbon handling, re-use and storage services for shipping companies and factories. With over five years in the business of...
IMO agrees on net-zero GHG for shipping around 2050

IMO agrees on net-zero GHG for shipping around 2050

by Mariska Buitendijk | Jul 10, 2023 | Emissions, Energy transition, Marine fuels, Maritime regulations, News, Shipping

The International Maritime Organization (IMO) has adopted a revised strategy to reduce greenhouse gas (GHG) emissions from international shipping. The goal is ‘to reach net-zero GHG emissions from international shipping by or around 2050.’ Member states...
What the 2024 ETS price tag could look like for shipping

What the 2024 ETS price tag could look like for shipping

by Mariska Buitendijk | Jul 7, 2023 | Emissions, Maritime regulations, News, Shipping

From 1 January 2024, shipping will be included in the EU Emissions Trading System (ETS). Based on current emissions, Hecla Emissions Management has calculated what the ETS bill will look like for shipping, beginning at well over EUR 3 billion in 2024. The European...
Container xChange warns for low water levels Rhine

Container xChange warns for low water levels Rhine

by Mariska Buitendijk | Jul 6, 2023 | Inland navigation, News, Shipping

The Rhine river, a vital lifeline of transportation and trade in Europe, is currently grappling with the pressing challenge of falling water levels. Barge transports passing through the measuring point at “Kaub” are particularly impacted due to draught...
Paris MoU records highest detention rate in ten years

Paris MoU records highest detention rate in ten years

by Mariska Buitendijk | Jul 4, 2023 | Classification/inspection, Maritime regulations, News, Ports, Shipping

The Paris Memorandum of Understanding on Port State Control (Paris MoU) has reported its highest detention rate in ten years. In 2022, the detention percentage was 4.18 per cent, with 47,167 deficiencies recorded. The Paris MoU has published its 2022 Annual Report on...
‘Basel III Rules good starting point, but further action needed’

‘Basel III Rules good starting point, but further action needed’

by Mariska Buitendijk | Jul 3, 2023 | Maritime regulations, News, Shipbuilding, Shipping

European shipowners welcome the agreement on the Basel III rules reached between the European Parliament and the Council on 28 June. The rules give explicit recognition to ship finance. The new rules will allow banks to apply preferential treatment to shipping...
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