Fortnightly maritime news for the industry and PortXL community.
Neste MY Renewable Diesel is now available for purchase at seventy petrol stations in the Netherlands. Finnish fuel producer Neste has a huge refinery in the Port of Rotterdam. With its sustainable fuels, Neste is contributing to the Energy Transition. ‘Its high awareness of climate change makes the Netherlands an interesting market for us.’
With China in virtual lockdown and the rest of the world on high alert for identifying and reacting quickly to signs of novel coronavirus, shipping faces disruption on an unprecedented scale.
Ocean energy is expected to have a role in cutting global carbon emissions over the next few decades. The International Renewable Energy Agency (IRENA) sees marine and other niche technologies making up about 4% of the world’s future energy mix by 2050—around 881 gigawatts.
The 2020s will be the decade of the Great Energy Transition, and the end of fossil fuels as we know it. This transition will bring with it momentous changes to financial markets, the economy, our politics, and our quality of life. It’s going to be a lot of fun to watch.
Move would be a world first in fast-moving sector — part of government plans to spend billions of euros to build up an industrial-scale domestic market for green H2.
Cyber consultants Red Sky Alliance with maritime security specialists Dryad Global have started publishing a weekly list of names of ships appearing in malicious emails with hackers increasingly targeting this niche with malware or phishing links.
Asset tracking, which includes monitoring the identity, location and condition of individual components or products, can effectively extend the economic lifetime of products, thereby bringing a host of benefits to companies. This is according to new results launched today by the Community of Practice (CoP) – consisting of Rabobank, Allen & Overy, Schiphol Group, Avery Dennison on behalf of the NBA (The Royal Netherlands Institute of Chartered Accountants), Circularise, Everledger, Fairphone, Sustainable Finance Lab and Circle Economy.
A new player is poised to bring the digital forwarder model to the perishables sector – with a little help from other start-ups. Chicago-based Transship has teamed up with a trucking provider, a tech partner for global tracking and TradeLens for managing marine transport, and the group is set to commence trials next month to ship out US food exports.
The new IMO sulphur regulations, coupled with continued recession in the dry bulk chartering market, has forced owners to push a large number of less fuel-efficient vintage ships to scrapyards in the first two months of this year. The trend is expected to be sustained in the first half of this year, as a result of the outbreak of coronavirus in China, which could have a further downward impact on the freight market.
Although electric airplanes haven’t gained traction in the U.S., Slovenia-based Pipistrel is doing a brisk business selling them to the rest of the world. It has recently increased production from four to about six airplanes per month and the company’s factory in Italy will soon double its manufacturing space, with most of that given over to electric aircraft.