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The CMA CGM Group announced September 4 that it is creating a Special Fund for Energies, backed by a five-year, US$1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050.

The Fund will invest to support the industrial production of new fuels, as well as low-emission mobility solutions across the Group’s business base (maritime, overland and air freight shipping; port and logistics services; offices). It will help to support a global innovation platform developed alongside large corporations, SMEs, start-ups, and the academic and scientific community.

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, said: “The CMA CGM Group has been acting to protect the environment for many years. It is at the heart of my convictions and of our strategy. However, in the face of the climate emergency it is our duty to do more and accelerate our actions.

“This fund will enable us to make substantial investments in innovative projects to decarbonize our business. We have allocated the resources needed to accelerate our energy transition and that of the entire shipping and logistics industry.”

The Special Fund for Energies will invest in innovative projects to secure the supply of renewable energies and explore new solutions and prototypes to meet the ambitious decarbonization targets being pursued across the CMA CGM organization.

First focus: Supporting the development and production of renewable fuels

The CMA CGM Group has already begun to respond to climate change by using liquefied natural gas (LNG) as a transitional maritime fuel.

The Fund has been tasked with (a) driving forward the emergence of industrial-scale production facilities for biofuels, biomethane, e-methane, carbon-free methanol, and other alternative fuels, and (b) increasing and securing volumes in line with Group needs, in partnership with other major industrial groups with expertise in these technologies, or with investment funds or promising start-ups.

Second focus: Accelerating the decarbonization of port terminals, warehouses and truck fleets

The CMA CGM Group operates more than 700 warehouses and around 50 port terminals worldwide. It is committed to enabling these facilities to generate enough carbon-free electricity (wind, solar, biomass-fueled, hydrogen-fueled) to become energy self-sufficient.

Port equipment in use will be electrified more quickly wherever feasible and effective. CEVA Logistics, a CMA CGM subsidiary, aims to meet all its electricity needs through carbon-free power generation by 2025. The subsidiary has plans to install 1.8 million sqm of photovoltaic panels and expand the use of LED lighting.

A transition plan for the truck fleets will also be implemented, with a particular focus on electrifying CEVA Logistics trucks.

Third focus: Supporting, trialing and launching projects at the cutting edge of innovation

CMA CGM has long been involved in supporting the development of projects, prototypes and trials.

In February 2020, the Group joined forces with Energy Observer to make hydrogen one of the energy sources of tomorrow. With the Energy Observer 2 project, the partners have taken a new step forward by working together on a prototype intra-regional container ship fueled by liquid hydrogen and designed to meet the latest technical and logistical standards. The project is focused on developing practical applications for this new technology, to enable carbon-free maritime shipping on a larger scale, in particular for short distances.

The Group has also decided to acquire a stake in Neoline, a prototype sail-powered cargo ship set to serve transatlantic routes by the end of 2024. It is also supporting SeaOrbiter, a prototype marine research vessel and floating oceanographic laboratory designed by French architect Jacques Rougerie that is exploring pathways to the emerging blue economy.

The CMA CGM Group’s R&D team will continue to optimize the design and propulsion of large container ships to reduce their fuel use, while developing increasingly effective solutions to help make maritime, overland and air freight shipping more energy efficient.

Fourth focus: Pursuing energy savings and improving the energy efficiency of CMA CGM employee working methods and daily mobility

This fourth focus has three main objectives:

A building energy management plan for CMA CGM Group office buildings that will reduce energy use (investment in insulation, automation, energy renovation) and diversify their energy mix (solar panels, sea water loop).
Encouraging and incentivizing employee use of soft mobility solutions for both commuting and business travel, while improving the work-from-home systems used to avoid unnecessary travel.
Engaging the Group’s 150,000 employees through a holistic environmental approach that rewards innovative environmental protection and energy efficiency initiatives.

The Fund will be backed by a US$1.5 billion budget and managed, starting in October 2022, by a dedicated team bringing together some of the Group’s most talented engineers, energy experts, financial analysts and project managers. Operating as a cross-functional organization covering all the Group’s operations and divisions, it will guide the Group’s overall strategy towards developing low-carbon energy solutions and accelerating their implementation.

Source: https://maritimefairtrade.org/cma-cgm-budgets-us1-5-billion-for-shipping-energy-transition/

Storylines is building a luxurious residential cruise ship that will indefinitely travel worldwide starting from 2025.

However, a passenger must be prepared to trade their comfortable multi-room house for a tiny studio condominium where they will need to sleep on a Murphy bed.

The 18-deck MV Narrative, the start-up’s first luxury residential cruise vessel, that will travel all over the world indefinitely.

The ship and its 1,000 occupants will not begin such a unique lifelong journey until 2025, but the vessel’s 547 floating condominiums are capturing the wallets and, of course, the hearts of interested buyers.

In August, some floor plans are almost sold out, Katie Drew, Storylines’ VP of marketing, informed Insider.

The 741-foot cruise vessel is lined with 11-floor plans that are semi-customizable.

The price of the residences ranges from a $1 million 237-square-foot studio home that can be compared to NY apartments to a palatial four-bedroom, spanning almost 1,970-square-foot, a two-floor house that will run potential buyers about $8 million. The 237-square-foot home is not a conventional $1.1 million condo.

A guest will still have access to furniture such as storage units, a closet, and a TV, per the Storyline brochure.

Instead of a divider or bedroom that separates the living room from the former, the studio apartment has a queen-size Murphy bed. This means the bed can be easily stored in the wall when it is not used.

Remote employees depending on the Narrative’s WiFi, can either use the workspace of the vessel or lease the vessel’s private offices. But if they would instead work from home, they could use the two chairs and table across from the beds.

A small bar separates this public living space from the bathroom. While the bathrooms lack a bathtub, the neutral washroom has modern furnishings and a bright vanity that can easily rival a bathroom found in any multimillion-dollar condo.

And the studio home’s price does not include the “living fees” incurred monthly. The rate is approximately $2,600 per person in a dual-occupancy unit, per the firm’s brochure.

But in the Narrative, the monthly fees and sticker price does not include a home at sea.
As the Narrative happens to be “all-inclusive,” the cost will also cover the homeowners’ daily drinks and food at the 20 restaurants and bars the ship boasts.

Besides, guests will also have access to onboard medical staff, gorgeous pools, and a marina with water toys.

The ship also boasts a bowling alley and a 10,000-square-foot large wellness facility that Storylines says is the biggest of its kind at sea.

And throughout the vessel’s journey worldwide, residents will spend several days at lovely international destinations such as Istanbul, Kotor, and Palermo.

So, to some, paying almost $1 million for such a tiny home may seem unreasonable.

But for travellers who are never likely to get exhausted from exploring different countries, the ability to circumnavigate the planet every three and a half years while staying on a luxury cruise vessel is worth each penny.

References: Business Insider India, Yahoo News

Royal IHC is proud to announce that its portfolio of standard Cutter Suction Dredgers (CSDs) is expanding with electrical counterparts for each of the Beaver® types. The Beaver® E will be available from stock soon.

For nearly 60 years, Royal IHC has continuously developed its Beaver® range of standardised CSDs to become the highly efficient dredgers they are now. By launching the Beaver® E, we further support the dredging industry with the sustainability challenges of today: operating in a more environmentally responsible manner and reducing emissions.

electrical Beaver® Cutter Suction Dredger — Credits: Royal IHC

The Beaver® E is a fully electrically powered version of the standard Beaver®. In addition to the unique features of Royal IHC’s conventional CSDs, the Beaver® E offers a number of added benefits in terms of sustainability, efficiency and reliability. With zero emissions plus limited noise and vibration disturbance, the Beaver® E fully complies with the latest environmental regulations and is suitable to work in the most sensitive environments.

Furthermore, the Beaver® E is more energy efficient and the electrical components require low maintenance. With an identical dredging and hydraulic installation, the diesel-powered main ponton can just be exchanged for an electrical one. All current standard Beavers® types are available in an electrical version and are suitable for every common dredging project.

Catina Geselschap, Director Dredging Standard Modular Vessels, commented: “Royal IHC wants to play a leading role in designing, building and providing sustainable solutions to our customers in the maritime industry. We have an existing track record in fully electric Cutter Suction Dredgers and are now taking the next step by adding this electrical Beaver® as a stock product to our portfolio of standard modular vessels.”

Reference: Royal IHC

Fugro transformed the Middle East’s maritime industry by introducing the first-ever uncrewed surface vessel (USV) to the region. The Fugro Pegasus is the latest addition to the Blue Essence family comprising uncrewed plates. It has successfully reached Abu Dhabi and is ready for the first sail in the waters of the Gulf.

The class-built, 12m USV will be the Middle East region’s first-ever uncrewed vessel that can travel beyond the horizon, with the ability to launch an e-ROV. With its next-gen hybrid power system, compact size, and up-to-date satellite technology, Fugro is expected to set a new standard for asset inspection by getting rid of human exposure to the offshore environment and cutting down emissions by 97% vs conventional vessel activities.

The Fugro Pegasus can quickly be stationed offshore for hours without any need to demobilize for re-fuelling of the crew at the port.

The launch of Pegasus marks an inexplicably exciting phase for the maritime industry in the region. It permits Fugro to further enhance its capacity to deliver unparalleled geo-data services to clients.

Managed from a Remote Operatincentrees (ROC) in the region, Fugro will be capable of delivering exceptional geo-data solutions faster and more safely by adopting remote-operated asset examinations, surveys, and positioning solutions.

Fugro’s clients and partners can now explore the world of Autonomous Asset Management, where advanced technologies like artificial intelligence (AI) can be deployed to eliminate production downtime via an understanding of the offshore infrastructure.

Tim Lyle, the Group Director of the Middle East and India, said that the arrival of Fugro Pegas is essential to the future of maritime operations in the Middle East region.

Tomorrow’s future is becoming a reality today with significantly enhanced operational efficiencies, safety, and lowered carbon footprint now available to customers.

References: Khaleej Times, Trade Arabia

US-based owner Eagle Bulk Shipping has expanded its fleet with the purchase of a 2015-built scrubber-fitted ultramax bulk carrier for $27.5m.

The vessel, built at Imabari Shipbuilding in Japan, will be renamed Tokyo Eagle and deliver to the company during the fourth quarter of 2022.

After delivery, the Nasdaq-listed company’s fleet will consist of 53 ships, 91% of which are scrubber-fitted and with an average age of 9.5 years.

Eagle Bulk has executed 51 sale and purchase transactions since the commencement of its vessel renewal and growth programme, acquiring 30 modern vessels and divesting 21 of its oldest and least efficient ships. The company most recently closed the $15.5m sale of its 2004-built non-scrubber fitted supramax Cardinal.

Source: https://splash247.com/eagle-bulk-snaps-up-japanese-built-ultramax-for-27-5m/

Shippers are likely to feel emboldened to doggedly pursue ocean carriers in the courts as the liner party fizzles out and out of pocket clients seek retribution.

In a sign of this new found persistence, Pennsylvania-based home decor MCS Industries shows no sign of letting up in its battle with the world’s largest containerline.

Erin Wirth, chief administrative law judge at the US Federal Maritime Commission (FMC), has issued an order denying shipping line Mediterranean Shipping Co’s (MSC) motion for an extension of time to produce outstanding discovery documents in the complaint filed by MCS Industries. On July 29, an order was issued requiring MSC to produce documents within a month, by August 29.

MSC did not provide the required documents to meet that deadline.

Instead, on August 26, MSC filed a motion seeking an extension of time. On September 2, MCS Industries filed an opposition to that motion.

Then, on September 6, MSC filed a notice of advice of the Swiss Federal Office of Justice. According to the order denying MSC’s motion, MSC “continues to argue despite rulings to the contrary in this proceeding and in the Republic and Canton of Geneva Court of First Instance, that due to Swiss legal requirements it cannot produce the discovery ordered in the December 8, 2021, motion to compel and the July 29, 2022, order requiring production of discovery, and that the Swiss court’s decision that their intervention is not necessary was in error.”

Judge Wirth writes in the order that “it is clear that this ‘advice’ from the Federal Office of Justice in Switzerland merely identifies the process for resubmitting a request and the factors that may be taken into account, without any discussion of the merits of this proceeding.

“The question of whether Swiss assistance with discovery is required has been answered by the undersigned Administrative Law Judge and by the Court of First Instance in Geneva.”

In multiple filings, MSC indicated that it will not produce the discovery that it has been repeatedly ordered to produce. MCS Industries has asserted in response that MSC “cannot accept the benefits of shipping cargo to and from U.S. ports while shirking its legal and regulatory obligations before the Commission.” MCS Industries thus requested a decision on default, and the judge has ordered MSC to show cause why default judgment should not be entered against it.

MSC is now ordered, by September 22, to either provide the required discovery or show cause why default judgment should not be entered against it.

Other shippers have been lodging complaints against global carriers of late with experts suggesting more will follow suit.

“The softened market – and space situation – may well cause a flurry of suits and FMC complaints to be filed, and clearly, some who have already filed, like MCS Industries, are emboldened to hold on,” commented Bjorn Vang Jensen, a vice president at liner consultancy Sea-Intelligence, in a post today on LinkedIn.

“The collective, pent-up anger and PTSD in the BCO community at large now wants out, and rate reductions won’t cut it for some,” said Jensen, a man whose career has seen him work for the likes of Maersk and Electrolux in the past.

Source: https://splash247.com/msc-denied-extension-of-deadline-to-provide-documents-in-case-brought-by-mcs-industries/

The first crew member from one of the two Greek tankers seized by Iranian authorities in May arrived safely in Athens on Tuesday, Greek officials said.

Iran has agreed to release the crews of the MT Prudent Warrior and Delta Poseidon, which it seized in May in response to the confiscation of oil by the United States from an Iranian-flagged tanker in Greece.

“The second captain of Delta Poseidon has arrived home, in Athens,” a shipping ministry official told Reuters.

The crew member is the first to return home from the total of about 48 seafarers – Greeks, Filipinos and a Cypriot – who are expected to be gradually released and replaced in the coming days, a second Greek official told Reuters.

The months-long diplomatic impasse has strained relations between Athens and Tehran as tensions grow between Iran and the United States.

Iran’s Ports and Maritime Organization said in a statement the crews of the two Greek vessels were not detained and could be rotated, Iranian state media reported.

The release of the tankers is expected to take longer than the replacement of the crews, a Greek coast official said on Monday.

Source: https://www.marinelink.com/news/first-crew-member-greek-tankers-seized-499426

Jordan on Tuesday detained a cargo ship arriving from Egypt that was towed away after it strayed close to a natural coral reef reserve near the beach of the Red Sea port of Aqaba, port officials said.

Any possible environmental damage caused by the drifting of the vessel, named Lotus, away from its route and into shallow waters near the 7-km-long marine reserve was being assessed, they said.

“Its route has been corrected and it has been towed to the pier and is safe,” a port official told Reuters, adding that the ship was banned from leaving the port pending an investigation into why it strayed from its route and any damage caused.

The cargo vessel had arrived earlier on Tuesday to load a shipment of potash from the city’s fertilizer pier, an official said.

The city of Aqaba’s pristine coral reef – with its many species of fish and dozens of formations that lie in shallow waters – is a main tourist attraction at Jordan’s only outlet to the sea.

Source: https://www.marinelink.com/news/jordan-detains-cargo-ship-strayed-near-499414

Chantiers de l’Atlantique has chosen Gasum as expert supplier of LNG bunker fuel and technical adviser to perform the initial bunkering of the first LNG fueled cruise vessel built in its premises.

The choice of Gasum as partner in the preparation and performance of this state-of-the-art delivery recognizes Gasum’s unique expertise in supporting shipyards performing initial bunkerings of newbuild LNG fueled cruise vessels.

The energy company Gasum has successfully performed the initial bunkering of the first LNG fueled cruise vessel to be completed by Chantiers de l’Atlantique, bunker operation that was performed on the 10th of September 2022 in the Port of La Rochelle. The LNG was delivered by Gasum’s LNG bunker vessel Kairos.

In addition to delivering LNG, Gasum has supported Chantiers de l’Atlantique in the technical preparation of the delivery, including obtaining the relevant permits and authorisations. This delivery marks a new milestone in the extension of the Gasum LNG bunkering network and underlines its ambition to grow geographically, offering its expertise to customers wherever such is requested.

Laurent Castaing, General Manager of Chantiers de l’Atlantique, said:

“With the LNG fueled newbuild program undergoing, Chantiers de l’Atlantique has proven its capacity to embrace new technologies and to remain at the forefront ot the shipbuilding industry. Choosing Gasum is a choice of confidence in its unique experience and track record in supporting yards with technical advice and LNG supplies.”

Grégoire Hartig, Sales Manager, Gasum, said:

“With this delivery to Chantiers de l’Atlantique, Gasum confirms its position as leading partner for shipyards engaged in the construction of LNG fueled vessels, supplying LNG and delivering decisive technical support in the preparation of initial bunkerings. This new partnership underlines also Gasum’s ambition to extend the geographical reach of its reliable and high quality service in west and south-west Europe. In addition to LNG, Gasum has become a regular supplier of Liquefied Biogas (LBG), supporting the ambitious decarbonization agenda of a series of customers.”

Source: https://seawanderer.org/gasum-bunkers-the-first-lng-fueled-cruise-vessel-built-by-chantiers-de-latlantique

Amogy’s goal is to convert ammonia into a sustainable power source to decarbonize transportation. The company has for instance successfully engineered the first-ever ammonia-powered emissions-free drone flight at 5 kW scale and demonstrated a 100kW powerpack in a tractor.

As industries search for ways to lower their carbon footprint, ammonia has emerged as an attractive fuel source with strong potential since it enables emissions-free, high-performance mobility. The use of ammonia reformed to hydrogen is especially beneficial in industries with long operating hours, for example the marine industry, due to the high energy density.

The fuel cell system that PowerCell will deliver will be integrated in Amogy’s solution, where ammonia is reformed into hydrogen. In this way, it is possible to provide continuous power to a workboat over extended periods. The workboat will be used to demonstrate how to build a complete power system targeted to the marine industry.

PowerCell will deliver the fuel cell systems and related services during the coming fifteen months.

Richard Berkling, CEO of PowerCell Sweden, said:

“This order is a further proof of our leading fuel cell technology that we have industrialized for demanding applications. A key strength is our ability to offer fuel agnostic systems using clean hydrogen from compressed or liquid storage as well as from reformed methanol and ammonia. We believe that refining ammonia into hydrogen to be used in fuel cell systems will be an important emissions-free fuel source for the future.”

Source: https://seawanderer.org/powercell-receives-a-fuel-cell-systems-order-from-amogy

Newer Posts

Older Posts

CMA CGM Budgets US$1.5 Billion For Shipping Energy Transition

Storylines First Residential Cruise Vessel To Offer 237-Square Foot Studios Priced At $1 Million

Royal IHC Launches Electrical Beaver® Cutter Suction Dredger

Middle East’s First-Ever Uncrewed Surface Vessel Reached Abu Dhabi, Ready For Its First Sail

Eagle Bulk snaps up Japanese-built ultramax for $27.5m

Carriers brace for more official complaints from emboldened BCOs as MSC fights protracted case

First Crew Member from Greek Tankers Seized by Iran Returns Home

Jordan Detains Cargo Ship That Strayed Near Coral Reef

Gasum bunkers the first LNG fueled cruise vessel built by Chantiers de l’Atlantique

PowerCell receives a fuel cell systems order from Amogy

New Phishing Campaign Targeting Shipping Companies Raises Alarm

IMO Maritime Safety Committee Opens 110th Session – Safety, Technology & Seafarer Protection in Focus

IMO’s ECDIS Cybersecurity Mandate: June 2025 Compliance Status & Enforcement

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