Page 5 - Al-Rashed Newsletter June 2022
P. 5
SHIPPING WORLD
Mitsubishi Corporation’s Pyxis Ocean is set to be the first vessel fitted
with BAR Technologies’ wind propulsion technology WindWings.
Two WindWings will be delivered by Yara Marine Technologies and installed
on the five-year-old, 80,962 dwt bulk carrier Pyxis Ocean . One of the wings
was funded by the European Union as part of EU Horizon 2020 Project
CHEK, dedicated to demonstrating solutions for decarbonising international
shipping.
The installation, anticipated for the beginning of 2023, comes as the next
step in a collaboration launched in 2019 between Cargill and Mitsubishi
Corporation's MC Shipping Ltd. Singapore Branch to increase energy
savings and reduce emissions from international shipping.
The pressure is on the ship owning and chartering community to take
proactive and material action to tackle the immediate and uprising challenges
towards the energy transition on its existing vessels, and fast,” said Takafumi
Oka, General Manager, Ship Dept. of Mitsubishi Corporation.
“Our partnership with Cargill demonstrates the collaborative effort that is
required to align strategic objectives among the stakeholders and ensure the
global fleet can keep pace with evolving demands to reduce the
environmental impact of our industry. It has been an exciting journey with
multinational counterparties such as Cargill, BAR Tech, Yara Marine, DNV
and engineering company Cybermarine to overcome the challenges together
and make this happen, and we hope to see many of such collaborations in
our maritime industry to scale the solutions,”
https://www.seatrade-maritime.com/sustainability-green-technology/mitsubishi-bulker-set-be-first-windwings
DID YOU KNOW?
Breakeven point for Maersk’s ocean shipping up 25% – Executive
Viruses are not alive.Viruses are not
living things—they are inanimate The breakeven point for logistics giant Maersk to ship goods and cargo has
and do not have cells.
risen by more than 25% due to an array of inflationary pressures that will
Turtles snack on jellyfish tentacles. abate but not return to pre-COVID-19 levels, a senior executive said on 22nd
The fastest reptile is the sea turtle.
Most of the Earth’s freshwater is June.
stored in glaciers and icecap. “There will be a world where the disruptions, congestions and the inflation we
have seen in air and ocean will abate, but the regression to the mean is not
the regression to the mean that we had prior to COVID, it’s a different mean.
The costs that we have to produce have significantly increased.” Vincent
Clerc, chief executive of Ocean and Logistics told the Consumer Goods
Forum’s Global Summit conference in Dublin.
