Tag archives: reduction

ICS Chairman sets out plan for CO2 reduction by shipping sector

The Chairman of the International Chamber of Shipping, Esben Poulsson, has set out what the industry would like the International Maritime Organization to achieve as part of its CO2 ...

Diana Shipping announces a reduction of the price to the newbuilding contracts

Diana Shipping Inc, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has signed two addenda with China Shipbuilding Trading Company, Limited and Jiangnan ...

ICS applauds IMO Road Map for CO2 reduction by international shipping

The International Chamber of Shipping (ICS) has applauded the agreement, last Friday, by the IMO Marine Environment Protection Committee (MEPC) to develop a comprehensive Road Map for addressing CO2 ...

IMO highlights Panama Canal expansion and CO2 emissions reduction

While speaking at the 96th IMO Maritime Safety Committee (MSC) Meeting in May, Secretary-General Kitack Lim of the International Maritime Organization (IMO) highlighted the Panama Canal Expansion and the effect ...

"K" Line set a new CO2 emission reductions target for 2030

Kawasaki Kisen Kaisha, Ltd. ("K" Line) achieved 13.6% reduction in CO2 emissions in 2015 against 2011 level, as a result of deployment of larger vessels, proactive initiatives for introducing ...

APL achieves 45.5% carbon emissions reduction in 2015

APL announced that it has reduced its fleet carbon dioxide emissions by 45.5% in 2015, compared to its emissions level in 2009. This achievement marks APL’s highest carbon ...

Panama Canal’s emission reduction initiatives highlighted at IMO MEPC session

Last week, the Panama Canal participated as a part of the Panamanian delegation 69th Session of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) meeting that took place ...

ICS welcomes progress on CO2 reduction by ships at IMO

The International Chamber of Shipping (ICS) has welcomed progress made by the IMO Marine Environment Committee (MEPC) this week (18-22 April) towards the adoption of a global CO2 data ...

Wärtsilä plans to adjust its Marine and Energy businesses to reflect the weak market situation

Wärtsilä plans to realign its organisation, operations and resources to the weakened newbuild market situation and the tough competitive environment. While these plans will mainly affect personnel in Marine ...

Global shipping industry will support further CO2 reduction measures at IMO, regardless of final outcome of Paris conference

The International Chamber of Shipping (ICS), which has represented global ship operators throughout the UN Climate Change Conference in Paris, has commented on the latest draft UNFCCC text which - although ...

Maersk Line accelerates efficiency initiatives as response to market outlook

As a response to both the short term and long term market outlook, Maersk Line is accelerating a number of already established cost and efficiency initiatives. Maersk Line will reduce ...

Odfjell to reduce fuel consumption and emissions with up to 20%

Odfjell is upgrading the propulsion system for 19 vessels with new technology to optimise energy efficiency. The vessels will be equipped with new energy efficient propeller blades, rudder-bulb and will ...

Rolls-Royce plans to lay off further 400 workers from its Marine business

Rolls-Royce has today announced plans to continue the transformation of its Marine business through a programme of increased investment in research and development and further efficiencies, as it positions the ...

Global shipping industry is delivering real CO2 reductions

In advance of the United Nations Climate Change Conference in December, the global shipping industry, as represented by the International Chamber of Shipping (ICS), has launched some key messages to ...

Collective effort by maritime industry and naval forces keep pirate attacks suppressed

At a breakfast meeting yesterday with senior shipping industry representatives, the EU Naval Force Operation Commander, Major General Martin Smith MBE, stated that whilst Somali-based piracy in the Indian Ocean ...

Cargotec's MacGregor reduces workforce in Uetersen, Germany

MacGregor, part of Cargotec, plans to reduce workforce in MacGregor Uetersen site in Germany to restructure the operations to the weak market demand. The market situation has deteriorated due to ...

Rolls-Royce seeks further efficiencies in marine business

Rolls-Royce has announced that will accelerate cost reduction programmes in Marine business and reduce the number of employees by a further 600 by the end of this year in response ...

SRI concerns about reduced resources for search and rescue in the Mediterranean

Seafarers’ Rights International (SRI) has raised concerns about the implications for masters of the recent reports of the launch of the new EU Frontex operation ‘Triton’ which will apparently have ...

Hamburg Süd raises goal for CO2e reduction

Hamburg Süd has achieved its environmental goal of reducing the CO2 emissions of its fleet by 26 percent by the year 2020, compared to 2009, well ahead of ...

Carnival expected to save more than one billion gallons of fuel

Carnival Corporation & plc, the world’s largest cruise company, released the results of its multi-year Fleet Fuel Conservation Program that by the end of 2014 will have saved more than ...

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