Tag: manage
Tristar Eships to manage its carbon footprint with Wärtsilä’s Decarbonisation Services
Technology group Wärtsilä’s unique Decarbonisation Services have been chosen to support Tristar Eships, the maritime logistics division of the Dubai-based Tristar Group, in decarbonising its operations. Wärtsilä’s Decarbonisation Services will initially be applied to two tankers in the company’s fleet and is tailored to create a significant reduction in their carbon emissions. “We are committed…
V.Ships France to manage Dual Fuel Methanol Container Vessels for X-Press Feeders
Global ship management company, V.Ships France, has signed a Ship Management Agreement with Eastaway France, a subsidiary of X-Press Feeders, the world’s largest independent feeder carrier, for the technical management of four methanol-powered dual fuel vessels. The four newbuild, 1,170 TEU container vessels will sail under the French Flag and will operate across Europe. The…
Shipping companies must manage financial balancing act on EU ETS tightrope, says OceanScore
Shipping companies are facing significant financial exposure from introduction of the EU Emissions Trading System (EU ETS) next year that will increase balance sheet risk, further fuelled by carbon price volatility and the threat of fines for non-compliance. The big question is: who will foot the bill? And that bill will be substantial. In 2022,…
StormGeo Launches EU ETS Solution, Enabling Shipping Companies To Manage Their EU ETS Exposure Efficiently
StormGeo, a global leader in weather intelligence and vessel optimization and part of Alfa Laval, announced today the launch of their EU ETS solution, a new tool designed to address the demands of the EU Emissions Trading System (EU ETS) for the shipping industry. The solution enables shipping companies to build a validated data stream…
EU what? A simple guide to the EU ETS, its impacts, and what action you can take to manage risk and reduce costs
Jacob Clausen, Performance Director, NAVTOR, simplifies the complexities of the EU Emissions Trading Scheme (ETS) with a high-level look at the regulatory horizon, allied to a clear lowdown on how shipowners and operators can mitigate risks, manage costs and comply, comply, comply. The EU ETS for shipping landed with a colossal splash on 16 May…
W&O Supply adds BROEN Clorius Controls’ low-leakage valve to portfolio to help manage vessel carbon footprint
W&O Supply and BROEN Clorius Controls have announced a partnership on optimization projects related to energy savings and CO2 emission reductions within the marine segment. This means that W&O Supply will add low-leakage valves to its portfolio of marine valves, actuated valves, pipes and engineered solutions. The low-leakage valve will help vessel owners and operators…
MOSOLF Group: German-American partnership to manage emissions in real time
MOSOLF Group, one of the leading system service providers for the European automotive industry, and Spectaire Inc., which is headquartered near Boston in the US state of Massachusetts, are set to work together on solutions for measuring drive emissions in real-time operations. Emissions need to be measured directly with the help of processes such as…
Trading places: shipping must manage new financial risks with transition to EU ETS, says OceanScore
The concept of trading is about to take on a whole new meaning for shipping companies with implementation of the EU Emissions Trading System (EU ETS) for maritime from next year. As well as monitoring their emissions to meet reporting requirements, companies must now grapple with the complexities of carbon credit trading to manage and…
