Environment

Fratianni of MGT chairs new board of Green Marine

Michael Fratianni, President of Montreal Gateway Terminals Partnership (MGT), was elected new Chair of the new board of Green Marine at its Annual General Meeting. He succeeds Ron Tursi, President of Guardian Ship Management, who has served on the Board for six years, the last year of which was as Chairman. “I look forward to …

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Stena Bulk presents a prototype of the next-generation product and chemical tanker

IMOFlexMAX by Stena Bulk Swedish company Stena Bulk, one of the world’s leading tanker shipping companies, presented today a prototype of the next-generation product and chemical tanker, the IMOFlexMAX , which will be able to reduce greenhouse gas emissions by more than 25% compared to modern product tankers. The vessel, designed by Stena Bulk to …

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Canada among countries signing joint statement marking World Oceans Day

OTTAWA –  Prime Minister Trudeau was among world leaders signing a joint statement by the High Level Panel for a Sustainable Ocean Economy marking World Oceans Day: “Today, we celebrate World Oceans Day under unprecedented circumstances, as the world battles the COVID-19 pandemic and its associated health and economic challenges,” the statement said. “We, the …

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Wood pledges to reduce its greenhouse gas emissions by 40 per cent by 2030

Robin Watson, Chief Executive, Wood   Wood, the oilfield services company, has pledged to reduce its greenhouse gas emissions by 40 per cent by 2030.  The company will formally submit its targets to the Science Based Targets Initiative (SBTi), a globally recognised body that champions ambitious corporate climate action. Wood’s target will put the company …

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CMA CGM Group heads towards carbon neutrality by 2050

On 2 June, Rodolphe Saadé, Chairman and CEO of CMA CGM, was a key speaker at the UN Global Compact. Other speakers participated including Deputy UN Secretary-General Amina Mohammed, Prime Minister of Norway Erna Solberg, UN Secretary-General’s Special Envoy for the Ocean Peter Thomson, the Secretary General of the International Maritime Organization Kitack Lim, and …

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FMC launches investigation into proposed “discriminatory” Canadian ballast water regulations

By Leo Ryan, Editor U.S.-flag carriers on the Great Lakes seriously perturbed over the implications of proposed Canadian ballast water regulations strengthening measures against the spread of aquatic invasive species have successfully taken up their cause with Washington’s Federal Maritime Commission. The FMC in late May agreed to launch an investigation based on unanimous acceptance …

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Maersk steers towards renewable methanol as a future fuel

Copenhagen Airports, A.P. Moller – Maersk, DSV Panalpina, DFDS, SAS and Ørsted have formed the first partnership of its kind to develop an industrial-scale production facility to produce sustainable fuels for road, maritime and air transport in the Copenhagen area. The partnership brings together the demand and supply side of sustainable fuels with a vision …

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Japanese majors form consortium to develop and commercialize zero-emission electric ships

Seven companies – Asahi Tanker Co., Ltd., Idemitsu Kosan Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Tokyo Electric Power Company, and Mitsubishi Corporation – today announced establishment of the “e5 Consortium,” with the goal of establishing new ocean shipping infrastructure services through various initiatives to …

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How green stimulus measures could fuel shipping’s decarbonization

By Johannah Christensen, Managing Director, Global Maritime Forum and Anthony Hobley Executive Director, Mission Possible Platform, World Economic Forum Policymakers should invest in shipping’s green transition when deciding on policies and stimulus measures to kickstart the global economy. We are in the middle of a global health crisis that will have severe consequences for people around …

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Canada’s Ocean Supercluster to Invest up to $35M in New Accelerated Ocean Solutions Program

ST. JOHN’S– Canada’s Ocean Supercluster (OSC) announced today a Canada-wide Call for Proposals for its new Accelerated Ocean Solutions Program (Program). Through the Program, the supercluster will invest up to $35 million in short-term ocean projects that will help stimulate the economy during this challenging time. This will supplement the OSC’s core programs in Technology Leadership and Innovation …

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