Carrier expects large green bill: ”For us as a company, it is big money"

Klaveness Combination Carriers are investing considerable sums in ensuring a more climate friendly operation, despite lacking regulatory certainty.

Engehret Dahm questions the IMO's ability to land sufficient measures to aid the industry in the green transition. | Photo: Klaveness Combination Carriers

by IDHA TOFT VALEUR

Klaveness Combination Carriers (KCC) is allocating large sums to improving its fleet through energy efficiency measures and retrofitting to ensure that the fleet is ready to run on zero-emission fuels such as ammonia and methanol.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Klaveness boss disappointed by lack of carbon tax on shipping
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Regulation

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

There is too much emphasis on expensive ships and new fuel when it comes to the green transition, says Norden’s Jan Rindbo.

For subscribers

Peder Simonsen CFO in Golden Ocean points to congestion as a main reason as to why freight rates haven't increased yet when demand is good. | Foto: Pareto Securities

Bulk

A simple reason could explain low dry bulk rates despite good demand

For subscribers

Foto: Abdel Hadi Ramahi/reuters/ritzau Scanpix

Logistics

Dubai challenges Singapore as shipping's favorite city

For subscribers

Ports

Opinion: Europe's key ports have become better connected after Covid

ShippingWatch.com

Cosco to build production chain for green methanol

For subscribers

Carriers

Russia’s diesel ban threatens to roil global markets – if it lasts

For subscribers

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025
There will not be enough liquefied natural gas to replace the EU’s imports of Russian LNG until 2025 or 2026, says the chief executive of Totalenergies.
For subscribers
John Fredriksen has increased his wealth by NOK 81bn this year
The Norwegian-Cypriot shipping magnate is by far Norway’s richest man and has earned over NOK 200 million a day since last year.
Hapag-Lloyd rolls out Starlink internet to entire fleet
A test of Elon Musk’s satellite internet has ”revolutionized” communication for employees at sea and allows for remote maintenance of ships, according to the shipping company.
For subscribers
European Energy gets new partner for methanol plant
The sale to the Japanese trading company received the stamp of approval from the EU Commission in August, and the deal has now been finalized.
For subscribers
CMA CGM and Maersk will need help in new green lobbying alliance
Two of the world’s largest container shipping companies have joined forces to ”accelerate decarbonization” in the shipping industry - but it will take more effort to succeed, analysts say.
For subscribers
Habben Jansen calls on energy majors to do more for the green transition
Ships are not the problem in shipping’s green transition – the problem is rather the lack of green fuels, and the big oil companies should help out, says Hapag-Lloyd’s chief executive.
For subscribers

Bunker Holding sets new climate targets for customers and suppliers

The world’s largest bunker group expects to announce agreements with customers for the supply of low-emission fuels within a year.

For subscribers

A large part of futureproofing V.Group has been focused around bringing the company into the digital age. | Foto: V.group

Suppliers

V.Group chief executive to futureproof the company: "I will never be finished"

Bringing V.Group into the digital age is an important part of the new ten-year strategy, says CEO René Kofod-Olsen.

For subscribers

Regulation

Shipowners praise OOCL's commitment to net zero emissions in 2050

Danish Shipping is pleased that Hong Kong based and Cosco owned OOCL has committed to net zero CO₂emissions in 2050. NGO wants to see concrete action.

For subscribers

Logistics

Dubai challenges Singapore as shipping's favorite city

Singapore is still the favorite city of maritime executives, but high costs of living and skyrocketing rental prices make an increasing number of people look to Dubai, according to survey.

For subscribers

Regulation