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PCN welcomes V-Link in Thailand

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Project Cargo Network are pleased to welcome V-Link Express as new PCN members in Thailand.

The efficient and diligent company was established in 1998 and hold TIFFA membership. Based in Bangkok, they offer a wide range of sea, air, land, rail and multimodal logistics services including project & OOG cargo, cross border solutions, DG cargo and flexi & ISO tanks.

V-Link Express will be represented at the PCN 2023 Annual Summit by Ms. Pochanee Udomkunatham (Director) and Mr. Tachapong Panpoonsup (Fifa) (Executive Trainee). The Summit is taking place in Thailand on 12-14 November and we are delighted to be welcoming our latest new members at the event!

Meeting face-to-face and building closer relationships (and friendships) is a valuable tool which shouldn’t be underestimated. Please contact us ASAP if you are interested in joining us in Thailand!

Pochanee comments; “V-Link Express is a dynamic, 100% Thai-owned, international forwarding company. Our services have been solidly established for 25 years with local knowledge and a professional & dedicated management team.

We understand the foresight and planning required when handling out-of-gauge and irregular-sized shipments. With a ‘one-stop’ approach, we can handle all project challenges under one roof with expert, experienced and innovative solutions.”

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7 November 2023 |

Rhenus modernises its canal push boats

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The Rhenus Group has made major changes to re-equip two canal push boats operated by Deutsche Binnenreederei (DBR) so that they now have stage V engines.

They are therefore ready to accommodate future requirements. The modernisation work is taking place as part of the voluntary ongoing development plan for the Rhenus fleet to meet climate protection goals.

Rhenus modernises its canal push boats with the latest generation of enginesRhenus modernises its canal push boats with the latest generation of engines
This measure is just one of many being introduced as part of the process of comprehensively re-equipping the entire fleet with the latest generation of engines. While the new construction of more sustainable hydrogen-powered vessels is a long-term project, the Rhenus Group is retrofitting more and more older vessels with more modern and therefore more environmentally-friendly technology in the short term. The two canal push boats, RSPSB146 and RSPSB153, which were built in the 1970s, are the first to undergo this process; they are being equipped with the latest engine technology that is available in the marketplace at this time.

It has taken about ten months to convert the two vessels. The old engines have been replaced with modern diesel generators manufactured by SCANIA and Caterpillar – they are truck engines, which are also certified for use on board inland waterway vessels. They operate with stage 5 exhaust gas treatment and ensure that particles, which damage the environment, are no longer able to make their way into the air. This means that Rhenus is achieving a reduction in pollution caused by particulate matter of as much as 40 percent. The engines have a rating of 740 kW, which represents a tripling of the performance of the former units. The engine room has been completely gutted and refurbished to create space for the significantly larger engines. All the old pumps, electronic equipment and subassemblies have given way to the latest electronics and a modern control cabinet. The new engine is encapsulated in a Silence Pack enclosure and operates very quietly, so that the crew on board can rest at night. A new power train with thrust bearings and shaft seals has been added and the rudder hydraulics has been thoroughly updated. The two vessels will continue to operate on the eastern German inland waterways. “Most of the vessels operated by German inland waterway companies are between 30 and 50 years old. This applies to ours too. Scrapping them makes absolutely no sense at all, particularly as it is so simple to refit them in a suitable manner. That’s exactly what we’re seeking to do with our programme entitled German inland waterway shipping – evolving for the future,” says Thomas Kaulbach, the Managing Director of Rhenus PartnerShip.

Just this year, Rhenus presented the first flagships of a new, low-emission fleet generation to provide sustainable inland waterway shipping in future. The push-barge combinations operate reliably with a hydrogen-powered drive train and electric batteries, even if there is a strong current. Rhenus is also continuing to develop its short-sea fleet. Rhenus and Arkon Shipping have jointly designed five new vessels for transporting goods near coastlines. Rhenus promises to make the issue of sustainability a high priority at all times in its shipping transport operations. This also involves continually examining how the company can make its contribution towards more sustainable logistics. The global logistics specialist is primarily pursuing the goal of reducing CO2 emissions in its operating business and making global supply chains more sustainable.

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7 November 2023 |

Ambercor completes project in the USA

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Ambercor Shipping, member to the Worldwide Project Consortium (WWPC) in the USA had busy times when their project cargo team organized the specialized transportation of a Rail Track Service Vehicle on own wheels from the port of New York to Wood-Ridge in the U.S. state of New Jersey.

The project scope included receiving the machine at port New York, crane transloading to a specialized truck, securing, transportation and offloading by 2 mobile cranes at the destination.

Marcel Hafemann, VP Ambercor Shipping stated: “Another job done in time and on budget for the fullest satisfaction of our customer and the manufacturer.”

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6 November 2023 |

Kalmar and KFTL continue collaboration with new order

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Kalmar, part of Cargotec, has concluded an agreement to supply Kingston Freeport Terminal Limited (KFTL) with 12 Kalmar hybrid straddle carriers for deployment at their terminal in Kingston, Jamaica.

The significant order was booked in Cargotec’s 2023 Q3 order intake with delivery of all machines scheduled to be completed during Q2 2024.

Established in 2015, KFTL is a strategic transshipment hub in the Caribbean and part of Terminal Link, a joint venture between CMA CGM and China Merchants Port (CMP). The 12 Kalmar hybrid straddle carriers are part of a progressive fleet renewal strategy geared towards improving performance, reliability and sustainability at the terminal. In addition to Kalmar straddle carriers, KFTL’s equipment fleet includes Kalmar reachstackers, empty container handlers and terminal tractors.

The Kalmar hybrid straddle carriers delivered to KFTL will be connected to Kalmar Insight – a performance management tool that turns data into actionable, impactful insights. As part of the agreement, Kalmar will also deliver a comprehensive spare parts package to support ongoing maintenance of the machines by local technicians.

Serge Lyzun, Head of Engineering and Maintenance, KFTL: “Kalmar’s strong local support, proactive customer service and industry-leading hybrid technology are the main drivers behind this order. The new-generation hybrid machines will bring a range of benefits for our operations, in particular their ability to help us increase productivity while reducing equipment fuel consumption and CO2 emissions.”

Troy Thompson, Director, Sales and Account Management, Kalmar Americas: “KFTL has shown a clear commitment to continuously enhancing environmental and operational performance at their terminal. We are pleased that they have chosen to continue collaborating with Kalmar by expanding their equipment fleet with our eco-efficient hybrid technology, which is helping terminals around the world move towards safer, more eco-efficient and more productive operations.”

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6 November 2023 |

BlueBox offers unique tool to decrease CO2

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The economies in Asia are growing rapidly and thus contribute a large share to global greenhouse gas emissions.

Rapid measures are required to reduce emissions in the logistics and air freight sector as well. BlueBox Systems,one of the leading developers of intelligent air freight tracking solutions, offers a unique opportunity to support the air freight market with a powerful tool to decrease CO2 – regardless of whether it’s a single shipment or all shipments during the year combined. With BlueBox Systems air freight tracking solution, companies are enabled to control and improve their carbon footprint and thus operate more sustainably.

According to the International Transport Forum, goods transport in Southeast Asia will be more than quadrupled until 2050 and double its CO2 emissions. Therefore, it’s not surprising that sustainability is also an issue right now in Singapore, where the transport logistic Southeast Asia and air cargo Southeast Asia is taking place. “In my many conversations with representatives of the industry here at the trade show I can clearly see: many people in the Asian pacific region are looking for ways and solutions – like BlueBox Systems is offering – to reduce their carbon footprint,” recognizes Martin Schulze, CEO of BlueBox Systems, at the transport logistic Southeast Asia and air cargo Southeast Asia.

Besides cost and time, reducing the carbon footprint is part of a balance decision a lot of companies and players in air freight industry have to make. Several factors play a role here: Companies need to know their trade lanes, suppliers, and partners for example. The selected route and the carrier play a key role. If a company wants to minimize its emissions level year to year, it needs to avoid using carriers with outdated fleets. To get this kind of information and to make sustainable decisions, a lot of customers already trust the air freight tracking platform of BlueBox Systems, which is easy to use for everyone along the supply chain.

Besides real-time tracking and data about delays, the system delivers insights on the CO2 emissions for shipments like carbon footprint per item, emission reports, trade lane comparisons and airline and airport performance, to name a few examples. Another information that’s delivered is carbon offsetting. For this point BlueBox Systems is working together with myclimate, a non-profit organization that fights for effective climate protection. BlueBox Systems currently is developing a tool that allows to view the actual CO2 emissions and compensate it with the touch of a bottom. “The visibility of information is always in focus at BlueBox Systems, but it is not an end in itself, it should enable an improvement process,” adds Martin Schulze. “This is also true for carbon footprint measurement. No one has to calculate it manually anymore. We deliver it with one click.”

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6 November 2023 |

A growing emphasis on sustainability for Bollore

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Recently, Bolloré Logistics Australia attended the French-Australian Chamber of Commerce & Industry (FACCI) 2023 Sustainability Forum, sponsored by Schneider Electric.

77 companies were represented in attendance, with the primary focus of exploring how sustainability initiatives can drive business success and lead change towards a more sustainable and environmentally responsible business landscape.

company’s team and our customers to take tangible steps toward sustainability. This collaborative workshop dives into the fundamental science of climate change, equipping participants with the knowledge and tools to initiate meaningful change.

BollorĂ© Logistics was represented by Adele Planchat, our recently appointed Sustainability Officer for the Pacific region. Her appointment is an exciting milestone for the Pacific region’s commitment to sustainability, as the company continues to strive towards supporting organizations in reducing their carbon footprint, particularly in Scope 3 emissions which primarily stem from transport services.

“With Adele’s passion for environmental conservation and her experience in driving sustainable business development, I am confident that she will contribute to the carbon reduction efforts of both BollorĂ© Logistics and our customers,” said Katharina Baudouin-Goerlitz, Head of Sustainability of BollorĂ© Logistics Asia Pacific. Adele joins a team of passionate experts within the organization to further speed up decarbonization efforts and cater to the growing need for sustainable supply chain solutions of our customers.

Through BollorĂ© Logistics’ global corporate social responsibility program ‘Powering Sustainable Logistics’, the company has committed to reducing Scope 3 emissions by 22% by 2030 (base year 2022).

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2 November 2023 |

KCTC delivers vital cargo to Algeria power plant

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In a significant development for the “OUMACHE III COMBINED CYCLE POWER PLANT PROJECT” in Biskra, Algeria, a substantial cargo shipment consisting of HRSG Casing and a Natural Gas Supply System has made its way to the Port of Arzew. KCTC Co. Ltd., a Project Logistics Alliance member for South Korea, managed the loading operations at the Port of Masan for this project.

This shipment comprises 378 packages weighing 1822 metric tons and occupying 10473 cubic meters. The heaviest individual item in the shipment was the Water Bath Heater, weighing 80 metric tons and measuring 15.80 x 4.75 x 5.20 meters. The project, overseen by the Korean EPC contractor Hyundai Engineering & Construction (HDEC), promises to boost Algeria’s energy production significantly and once completed, the power plant is expected to have an annual energy capacity of 9.68 megawatt hours.

One of the main challenges in the movement of this cargo was finding a suitable vessel within budget constraints that could accommodate the entire cargo under deck. The shipment included ten oversized long panels, each measuring 30 meters and with dimensions of 31 meters by 5.1 meters by 2.0 meters, which posed unique logistical challenges. Limited options for vessels capable of accommodating such oversized items further complicated the move.

However, the KCTC project team’s meticulous planning and industry expertise paid off, as they successfully secured a suitable vessel and ensured the safe transportation of the cargo. Despite this significant volume, the efficient loading process at Masan allowed the team to complete the task in just five working days.

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2 November 2023 |

Vestas receives first order for V172-7.2 MW turbine

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Vestas has received its first firm order for the V172-7.2 MW wind turbine, the latest addition to Vestas’ EnVentus Platform.

The order was placed by developer Uhl Windkraft and consists of six wind turbines for the Hoßkirch wind project, a project in cooperation with the Comital House of Koenigsegg-Aulendorf.

The order includes supply, delivery, and commissioning of the turbines. Upon completion, Vestas will service the turbines under a 25-year Active Output Management 5000 (AOM 5000) service agreement designed to ensure optimised performance of the assets.

“We are very pleased to announce the first V172-7.2 MW order for Vestas which marks the next milestone for our modular platform architecture,” says Jens KĂŒck, Senior Vice President Sales Onshore for Northern and Central Europe at Vestas. “Our thanks go to Uhl Windkraft and the Comital House of Koenigsegg-Aulendorf for the trust in us and our technology. The V172-7.2 MW offers a great business case, especially in a low-wind environment such as in Baden-WĂŒrttemberg and is an important contribution to Germany’s energy transition.”

The V172-7.2 MW is designed for optimised energy production in low to medium average wind conditions. The design takes into account the full value chain with modular design, improved transportability of the nacelle unit, as well as the flexibility to service and upgrade over the turbine’s operational lifetime.

The project site is located in Hoßkirch, 40km north of Friedrichshafen. Turbine delivery will begin in the second quarter of 2025 with commissioning scheduled for completion in the third quarter of 2025.

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2 November 2023 |

“Windsor Framework” shaping the future of international freight and logistics

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The “Windsor Framework” is a highly scrutinized legal agreement that pertains to post-Brexit relations between the United Kingdom and the European Union, with a specific focus on trade between Northern Ireland and the Republic of Ireland.

While this agreement is complex in nature, its impact extends far beyond the realms of politics and law, reaching into the international freight and logistics industry.

The “Windsor Framework,” also known as the Windsor Agreement, is a post-Brexit legal agreement between the European Union and the United Kingdom that adjusts the operation of the Northern Ireland Protocol. Under this agreement, Northern Ireland maintains its status within the EU’s single market for goods, resulting in special handling for goods shipped from Great Britain to Northern Ireland.

The “Windsor Framework” has ushered in a series of changes in the international freight and logistics sector. Firstly, goods destined for Northern Ireland now pass through a designated “green channel,” reducing physical inspections and paperwork. This streamlining of processes minimizes administrative burdens, allowing goods to flow into Northern Ireland more swiftly.

Conversely, stricter “red channel” customs checks have been implemented for goods destined for the Republic of Ireland, ensuring compliance with EU regulations. This requires international freight companies to adapt to different requirements and channels.

Additionally, the agreement relaxes import regulations for specific items, such as pharmaceuticals, personal parcels, and the biosecurity measures for agricultural and horticultural products. These changes increase trade facilitation while reducing unnecessary restrictions.

SEKO-BANSARD’S CONNECTION TO THE WINDSOR FRAMEWORK:SEKO-BANSARD has always provided quality global logistics services. We recognize the new challenges posed by the “Windsor Framework” to goods circulation and supply chain management, and we continue to adjust our operations to adapt to these changes.

In particular, SEKO-BANSARD actively engages in collaborations with government bodies, clients, and partners to ensure the continued efficiency of our freight transport operations amidst policy and regulatory shifts. We allocate additional resources to guarantee the rapid and secure delivery of our clients’ goods, taking into account the latest regulations.

Furthermore, SEKO-BANSARD is actively participating in training and compliance programs related to the new trade regulations and procedures, ensuring that our staff possesses the skills necessary to understand and navigate the new policies.

Commitment to Tailored Solutions: We remain committed to providing flexible and innovative solutions to meet our clients’ specific needs. Our goal is to provide reliable international freight and logistics services, helping our customers to meet the challenges posed by the “Windsor Framework.”

In Conclusion, the “Windsor Framework” introduces significant changes to the international freight and logistics sector and SEKO-BANSARD will continue to be your trusted partner in addressing these new challenges and ensuring the smooth delivery of your goods. We will persist in our efforts to maintain the efficiency and reliability of your supply chain.

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1 November 2023 |

Jac van de Vegt takes delivery of new Tadano AC 4.100L-1

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There’s no need to ask Dutch crane services firm Vegt what their favorite make of telescopic crane is.

The answer is obvious just looking at their fleet: nothing but Tadano machines, with lifting capacities ranging all the way from 40 to 150 tonnes. And the latest addition is in keeping with this proud tradition.

It’s a brand-new AC 4.100L-1 all terrain crane, taking Vegt’s lineup of Tadano models to seven. The crane was delivered by Tadano Sales Manager Netherlands Richard Beenen, who handed it over in person at the Vegt site in IJsselmuiden to the firm’s two directors, Jac Van de Vegt and Wim Van de Vegt. “Vegt is one of our longest-standing and most loyal customers in the Netherlands. They also regularly transport large parts and counterweights for us. So, it’s always a great pleasure to meet them in person – especially when the occasion is the delivery of a new crane, as it is today,” Beenen said at the formal handover.

Vegt opted for the new Tadano AC 4.100L-1 mainly because of its compact dimensions in combination with its 60-meter main boom length. The company works primarily for the construction industry, so the AC 4.100L-1’s compact dimensions make it the ideal choice, especially for tight job sites – the kinds of sites that other cranes in the same class may not even be able to get to. Cost effectiveness was also a decisive factor, as the two Vegt directors explained: “The crane offers truly outstanding lifting capacities, even within the confines of its 12-tonne axle load limit. That makes it an extremely cost-effective taxi crane.” They also made it clear that the AC 4.100L-1 won’t be the last Tadano to join their fleet.

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1 November 2023 |

Jumbo engineers offer insight into work on the Fairplayer

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At Jumbo Maritime, they have a versatile fleet of multi-functional heavy lift crane vessels to service the global offshore energy industry.

The vessel ‘Fairplayer’ has a portfolio of numerous projects, and this year’s summer campaign marked the installation of transition pieces (TP’s) for the British Doggerbank wind farm. Onboard, the project is not only performed by the vessel crew. Office engineers also get a chance to go onboard and do their part. Marine engineers Bas Milatz and Martijn Witvoet will give you an insight into what it’s like to work as a beginning engineer onboard the Fairplayer.

As a marine engineer, you’re tasked with doing calculations regarding ship motions and structures. This includes calculating the ship stability, expected days of waiting on weather, and the dynamic loads. The results support the decision making during the project preparations and execution.

Onboard, the field engineer is the link between the Jumbo offshore crew and the client. As the projects can be unpredictable, changes to the engineered plan are often needed along the way. You are not only responsible for updating this procedure, but also for making sure it is followed by the rest of the crew. Therefore, it is vital to participate in the project works and assist the crew wherever possible.

Bas: “Going offshore really helps you understand the challenges the crew face during the execution of a project. On board you see your own preparations being used, discussed, and get the chance to learn from it. One of the things I enjoy most is that you’re really part of the offshore crew, the responsibility that comes with it and the synergy required in the team. I experienced this firsthand during the Doggerbank project. During the first installation it was cold, raining and there were strong winds. We faced many challenges, both operational and technical, and I sometimes wondered if we would be able to finish the installation at all. Looking back, you could really see the process we went through that night, and the improvements with the next installations.

Martijn: “On board, I joined the crew to assist in numerous installation procedures, ranging from operating bolting equipment to being up close with the lifting of the TP’s. Seeing the crew work together in efficient and creative ways taught me a lot about the practical side of offshore. Interesting discussions happened between the office and crew, a valuable experience when you have a theoretical background. I learned that good solutions are found when you get input from a variety of perspectives, and that your ideas on paper can turn out differently in practice. For instance, at the office I worked on structural seafastening designs. Seeing the crew work with these structures in real life gave me a good view on what can be improved. I definitely take those lessons with me to improve my work.”

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1 November 2023 |

Hoegh agrees on sale of Bangkok vessel

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Höegh Autoliners ASA, has reached an agreement for the sale of the vessel Höegh Bangkok (IMO931847) for a price of USD 63,000,000.

Höegh Bangkok was constructed by Höegh at the Uljanik shipyard in 2007 and has a capacity of 6500 CEU. She is sailing under the NIS flag and is unencumbered.

The Company has also declared an option to purchase the vessel Höegh Jacksonville (IMO 9673379) from Ocean Yield for a purchase price of USD 43,220,000. Per 30 September, the average market value of the vessel was USD 84 million. Höegh Jacksonville was built in 2014 with a capacity of 6,500 CEU and is one of the Company’s best performing vessels when it comes to emissions. The Company intends to finance the purchase price fully by mortgage debt through its fleet credit facility.

“The purchase of Höegh Jacksonville reconfirms our strategy of building long-term commitments with our customers based on a modern fleet which we own and control. The transaction is cash neutral, enables the realisation of value gains from our lease options, and will allow for better capacity cost control”, says CEO Andreas Enger.

The sale of Höegh Bangkok is in line with the Company’s strategy to renew its fleet in anticipation of the first Aurora class vessel being delivered in July 2024. The transaction is made possible because the time to delivery of the first Aurora vessels is sufficiently short to build capacity bridges to maintain the Company’s service to contract customers. As there is no debt attached to the vessel, the transaction will increase the Company’s cash balance when the vessel is delivered to the new owner by year-end 2023.

Following the transactions, Höegh Autoliners will continue to operate a fleet of 36 vessels, consisting of 31 owned vessels and 5 under long-term BB and TC leases. The Company will expand its fleet with four new Aurora multifuel vessels between July 2024 and March 2025 adding 36400 CEU of capacity and another four Aurora vessels with another 36400 CEU of capacity by mid 2026.

“The transactions represent good opportunities for us to optimise our asset portfolio in preparation for the first Aurora deliveries. We will retain our focus on serving core contract customers while seeking opportunities to optimise our long-term fleet composition and capital structure”, says CEO Andreas Enger.

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31 October 2023 |

Norsepower, IINO and Mizuho sign agreement

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Norsepower Oy Ltd., the leading global provider of mechanical sails for large ships, IINO Kaiun Kaisha, Ltd. (IINO Lines), and Mizuho Leasing Company, Limited (Mizuho Leasing) have jointly and exclusively signed a co-operation agreement to launch a ground-breaking mechanical sail leasing initiative for the Norsepower Rotor Sail.

This aims to increase shipping companies’ access to Norsepower’s product to help reduce fuel consumption, greenhouse gas (GHG) and other related emissions.

The partnership brings extensive experience in lease financing, including expertise in leasing sustainable technologies, which is combined with Norsepower’s nearly 10-year track record of successful installations onboard commercial vessels.

The International Maritime Organization (IMO) recently set a net zero emissions target for close to 2050. However, the adoption of proven, commercialised energy efficiency products such as the Norsepower Rotor Sail is hindered by the traditional requirement for upfront investment. This initial investment can be a significant barrier to technology take-up for small to medium-sized shipowners and operators, despite the achievable fuel consumption, GHG and other emissions reductions. This failure means that thousands of vessels on the water today are missing out on the potential benefits of the Norsepower Rotor Sail. The new service aims to remove these barriers and enable greater accessibility to finance Norsepower’s product.

The initiative’s focus is to provide shipowners and operators with leasing packages for the Norsepower Rotor Sail which start at a minimum five-year term against a fixed monthly fee.

The concept is being developed amid growing recognition that GHG and other emissions reductions with low carbon or green fuels alone prior to 2030 will be minimal. This is due to the limited availability of alternative fuels, placing an onus on energy efficiency solutions like Norsepower Rotor Sails to maximise energy efficiency savings.

Tuomas Riski, CEO, Norsepower, said: “Norsepower Rotor Sails are now an undisputed choice for making meaningful emissions reductions and managing escalating fuel bills. Having our product as standard onboard all suitable vessels should be feasible for shipowners and operators of all sizes. That’s why we’re delighted to introduce new, competitively priced leasing services with our partners. By doing so, we could lower upfront capital requirements and encourage vessel owners to take action and upgrade their fleets.

“We are proud to bring this initiative to market with such high calibre organisations as IINO Lines and Mizuho Leasing. Through collaborating, we aspire to offer combined access to significant credit facilities as well as leveraging IINO Lines and Mizuho Leasing’s extensive leasing experience across sustainable technologies, maritime assets and beyond.”

Ryuichi Osonoe, Director, Senior Managing Executive Officer at IINO Lines, commented: “We have fostered a strong relationship with Norsepower, installing its rotor sails on two of our vessels. Now, we want to make this product more accessible to the industry. We are confident that bringing together our complementary leasing and finance capabilities with Norsepower’s proven product will accelerate the shipping industry’s journey to decarbonisation.”

Yasuhiko Hashimoto, Managing Executive Officer at Mizuho Leasing, added: “Through our work in other sectors, we have seen first-hand how improving access to finance and providing flexible options for accessing sustainable technologies can make a real-world impact on improving environmental performance. We are excited to apply our experience to the maritime industry and support IINO Lines and Norsepower in achieving our shared ambition to make the use of energy-efficient technologies a scalable reality.”

The Norsepower Rotor Sail is a modernised version of the Flettner rotor. It uses a small amount of the ship’s electric power to rotate cylinder-shaped rotors to generate powerful thrust that saves fuel and reduces emissions. Vessel and cargo owners have already used the product for nearly 10 years, accumulating around 300,000 operating hours of verified performance data that show average fuel consumption savings of between 5-25%, or more in good conditions. These savings have been measured and analysed independently in various projects by Lloyd’s Register as well as ABB, NAPA, RISE, Chalmers University of Technology and VTT.

Nearly 30,000 vessels across tankers, bulk carriers, gas carriers, roll-on/roll-off, and passenger vessels currently on the water can benefit from Norsepower Rotor Sails. It is a proven commercialised product that could reduce CO2 emissions across the global fleet by 80 megatons, which is about 10% of all global shipping’s greenhouse gas emissions.

The post Norsepower, IINO and Mizuho sign agreement appeared first on Project Cargo.

31 October 2023 |
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