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Hull cleaning and propeller polishing

KEEP THE CHARTERERS HAPPY

Greece’s crystal clear waters are not beneficial only to the visiting tourists but also to the trading vessels in our region. Numerous cases also in November with In Water Surveys (IWS) with the presence of Classification Societies as well as Underwater Hull Cleaning and Propeller Polishing services were carried out in different anchorage areas around Greece. Our diving teams are well equipped to carry out within one full day all necessary services, subject vessel’s hull condition, even to larger Suezmax tanker vessels. Detailed reporting is provided to all concerned parties and our trustful ladies are able to continue their trade on a more efficient way. Let’s keep the charterers happy !

GREEN FUEL SHIPPING: GOVERNMENTS URGED NOT TO MISS THE BOAT

A new report published on November 15th from the Tyndall Centre at the University of Manchester highlights the major role the shipping sector will play in transporting the green fuels necessary to meet global climate goals. The report provides insights on the implications for the shipping sector of different global energy scenarios pushing to limit global temperature rise to 1.5˚C, in line with the Paris Climate Agreement and the opportunities for shipping to support the global low carbon transition.

To achieve the Paris Climate Agreement’s goals, the authors identify low-carbon hydrogen and sustainable bioenergy as essential. The study found that government policies, including guaranteed markets and prices for producers and consumers, were hampering investment in the shipping infrastructure needed to support the global energy transition.

According to the International Energy Agency, there is a huge gap between what is planned and what is needed for low-carbon hydrogen by 2030: already-announced projects will only produce 24 million tonnes by 2030. Only 4% of these projects have reached a final investment decision. Government policies must be strengthened to give low-carbon hydrogen producers, shippers, and consumers the confidence they need to invest. According to the report’s co-author, Professor Alice Larkin, the shipping sector is crucial in transporting green fuels to meet the Paris climate goals. To meet the Paris goals, we must scale up the production of green fuels. Bioenergy and hydrogen converted into ammonia are transported by shipping during this global energy transition. According to the study, ammonia and bioenergy could be transported by sea in the same way as gas and coal in the future. The green hydrogen supply chain would require around 20 large ammonia carriers every year. Due to the timeline of 2–3 years for building new vessels, shipping industry representatives said they needed certainty about hydrogen production as soon as possible. According to the report, governments should send “stronger market signals” to the shipping industry to reduce the fear of new ships not being used to transport low-carbon fuels. The International Chamber of Shipping commissioned and welcomed the report. In its report, the Tyndall Centre identified several ways that government policy can be made more effective at enabling investment. It may be necessary to create mandatory mandates for increasing the percentage of green hydrogen, to create production credits for hydrogen production, or to provide producers and consumers with guaranteed markets and prices. USA, Germany, and India have already tested such measures.

The International Chamber of Shipping Secretary General Guy Platten said: “The shipping industry knows it has a crucial role to play in reducing greenhouse gas emissions in the coming decades. Governments must develop much stronger policies to de-risk green hydrogen production before we invest. Both imports and exports of hydrogen must be supported by national hydrogen strategies. Despite the industry’s readiness, stronger market signals and infrastructure investment are urgently needed to make this happen. If the shipping sector can energize faster growth in sustainable fuels, it will be playing a pioneering role in closing the gap between grand theoretical plans and a real-world fit for future generations.

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Peak summer time for Karval Agency

Summertime has been more than positively overwhelming for our Port Agency

We acted as Protective Agents for numerous projects starting from an LPG carrier during a major mechanical engineering repair, two dry bulk carriers from Cyprus-based ship management companies that carried out their special surveys in Greece as well as more than five “Transit” calls in Piraeus and Neapoli areas for Bunkering & Provisions supplies.

We keep expanding into new ports all around Greece to better serve our clients.

With congestion easing at key ports in the U.S., this problem remains a major concern in other parts of the world, especially Europe.

The congestion at many European ports has reached critical levels, and with that not being enough, major European Terminals are witnessing reduced productivity, mostly caused by labor shortages.

A statement by Hapag Lloyd read that congestion at two French ports had reached critical levels, therefore a congestion surcharge is to come into effect.

Very high yard densities at North European container terminals and inland transport bottlenecks are aggravating port congestion problems in the trade between the Far East and North Europe. Container ships deployed on this route currently need on average 101 days to complete a full round voyage.

At Antwerp’s port, although operations remain stable, the holiday season has resulted in a reduction in labor availability. Most of the storage at the port is occupied, as the average yard utilization stands at 80 percent. ECT, Rotterdam, has similar conditions, with yard space up to 85 percent full and reefers at 100 percent plug utilization. The pick-up rate has improved for transshipment and import cargo, despite long dwell times.

At some ports and terminals, the peak has passed, however, there is still a lot of port congestion in the UK. With the congestion at ports taking its toll on the region, in many parts of Europe, limited trucking availability has clogged the movement of goods.