IMO agrees 50% reduction in GHG emissions by 2050

The International Maritime Organization (IMO) adopted an initial strategy to reduce at least 50% of greenhouse gas (GHG) emissions from the global shipping sector by 2050, compared to 2008.

Adopted by IMO’s Marine Environment Protection Committee (MEPC), the strategy has set out the future vision for international shipping, the levels of ambition to reduce GHG emissions, and guiding principles.

The strategy also includes short, mid and long-term measures with possible timelines and their impacts on the Member States.

Wärtsilä tests autodocking technology on Norled ferry

Wärtsilä successfully tested its autodocking technology on an 83m-long ferry, Folgefonn, owned by Norwegian operator Norled.

Folgefonn is equipped with hybrid propulsion and is fitted with a Wärtsilä wireless charging system.

During the autodocking tests, which began in January and ended in April, actual harbour docking trials were carried out without resorting to manual control.

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MPA awards $1.1bn deal to develop second phase of Tuas Terminal

Maritime and Port Authority of Singapore (MPA) awarded a contract worth S$1.46bn ($1.1bn) to a joint venture (JV) of Japan’s Penta Ocean Construction, South Korea’s Hyundai Engineering and Construction, and Dutch company Boskalis International for the Tuas Terminal Phase II development.

Under the contract, the JV will carry out reclamation work for the second phase of the terminal situated in Singapore.

The work will involve the design and construction of 387ha of reclaimed land surrounded by 9.1km of caisson walls.

SHI secures $370m deal to build two LNG carriers

Samsung Heavy Industries (SHI) won a contract worth around $370m from an undisclosed entity to build two 174,000m³ liquefied natural gas (LNG) carriers.

The deal, which is subject to approval from the buyer’s board of directors (BOD), covers an option for two additional vessels.

SHI expects to deliver the LNG carriers in July and October 2020, respectively.

Star Bulk Carriers to buy 16 vessels

Greece-based Star Bulk Carriers agreed to purchase 16 vessels from entities affiliated with Augustea Atlantica and York Capital Management.

The deal will be carried out through a non-recourse fully owned subsidiary of Star Bulk, and includes five Newcastlemaxes Capesize vessels, two Mini Capesize vessels, eight Post Panamax / Kamsarmax vessels, and one Ultramax vessel.

Under the all-share deal, Star Bulk has agreed to issue around 10.5 million common shares to sellers of the vessels. The share value will be equal to around 14.1% of the company’s common shares after the deal concludes.

Rolls-Royce to provide autocrossing system for 13 Fjord1 ferries

Rolls-Royce Marine secured a contract to provide its autocrossing system to a total of 13 environmentally friendly ferries to be operated by Norway’s Fjord1.

Under the deal, Rolls-Royce will also provide two azipull propellers with an accompanying propeller control system for each vessel.

Five of the ferries are being built by Havyard Ship Technology in Norway and another three by Sefine Shipyard in Turkey.

Kongsberg and Wilhelmsen to create autonomous shipping JV

Kongsberg partnered with Norwegian maritime company Wilhelmsen to establish an autonomous shipping joint venture (JV), Massterly.

Massterly will provide a complete value chain for autonomous ships, starting from design and development, to control systems, logistics services and vessel operations.

With headquarters in Lysaker, Norway, Massterly is scheduled to be fully operational from August.

South Korea to order 200 ships in three years

South Korea’s Ministry of Oceans and Fisheries revealed plans to buy nearly 200 ships over the next three years with an aim to revive the country’s struggling shipping and shipbuilding industry.

The industry is currently going through a rough patch since Hanjin Shipping’s bankruptcy in 2016.

The newly unveiled plan is part of the Ministry’s mid-term restructuring effort and will involve the construction of 140 bulk carriers and 60 container ships.

Port Canaveral starts work to develop $150m cruise terminal

The US-based Canaveral Port Authority commenced work on the development of its cruise terminal by demolishing one of the port’s oldest terminals previously used for single-day port-of-call vessels.

The demolition will pave the way for a $150m Cruise Terminal 3 (CT-3) facility and is scheduled to end in July.

Following the completion of the $210,000 demolition of the existing CT-3 terminal building, Port Canaveral aims to perform the subsequent works in various phases that will include reconstruction of the berth, dredging and waterside, passenger boarding bridges, terminal and related site work, as well as the adjacent parking facility.

Maersk to trial Sea Machines’ AI-based technology

Denmark-based shipping line AP Moller-Maersk is set to trial Sea Machines Robotics’ situational awareness technology on-board its Winter Palace ice-class container ship.

Under the deal, Sea Machines’ computer vision, Light Detection and Ranging (LiDAR) and perception software will be installed on-board the Maersk vessel to improve its transit operations.

The Sea Machines solution uses artificial intelligence (AI) to enhance at-sea situational awareness, object identification and tracking capabilities.