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26 September 2023 - Year XXVII
Independent journal on economy and transport policy
17:24 GMT+2
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Latin America could become the most important source of sustainable fuel for shipping
Global Maritime Forum and Getting to Zero Coalition highlight opportunities for the region
Copenhagen
May 26, 2023
Latin America could benefit greatly from the opportunities offered by the decarbonization of the marine sector. Thus it considers the Global Maritime Forum, non-profit organization of the marine industry, that, together with the Getting to Zero Coalition, the platform managed by the GMF whose purpose is to promote the development of zero-emission ships, has analyzed the perspectives of Latin America in the within of the decarbonization of the shipping, highlighting that the region is faced with different opportunities currently not exploited and linked to the transition of the world marine ecosystem towards the zero use of scalable emissions.

The analysis recalls that today the international marine industry is strongly dependent on fossil fuels, in particular heavy fuel oil (HFO), burning about 300 million tons per year and emitting about one billion tons of CO2. This - the study specifies - implies that the emissions of world shipping represent between 2% and 3% of annual global emissions, a total that should tend to increase compared to other activities of the economy that will be able to electrify and reduce its emissions at a faster pace.

Explaining that in order to achieve the objectives of the Paris Agreement it is essential that the marine ecosystem is able to reach the zeroing of the emissions by 2050, the analysis finds that, assuming that the marine ecosystem passes completely from the HFO to the green ammonia, this would represent the consumption of more than 900 million tons per year of green ammonia, that is more than five times the current total production of conventional ammonia. This - they detect the Global Maritime Forum and the Getting to Zero Coalition - signals the emergence of new opportunities of a market value of trillions of dollars, as the nations can produce at the lowest cost of green hydrogen, the base of all the scalable fuels to zero emissions, have in front of a huge potential deriving from the supply of the fuels necessary to decarbonize the shipping.

The study notes that in the coming decades the decarbonization of this and other sectors will require a massive increase in the production of green hydrogen and the International Agency for Renewable Energy (IRENA) provides that by 2050 hydrogen could represent about 12% of global energy consumption, which would mean the growth of a new huge market necessary to support the decarbonization of many important industrial sectors. The analysis emphasizes that, in the specific case of the marine industry, green hydrogen will be necessary in large quantities to synthesize marine fuels with zero emissions, such as green ammonia and green methanol.

Observing that the drive towards the use of hydrogen-derived green fuels is already in place and that several large shipping companies have already made orders for large ships able to operate with zero-emission fuels, the analysis emphasizes that in Latin America there are some of the most suitable countries to produce green hydrogen in a competitive and large scale way. In this regard the document recalls that, for example, many studies cite Chile as the country with the most accessible green hydrogen production potential in the world and that also countries such as Colombia, Brazil, Argentina and Mexico are considered to have great potential thanks to their access to solar and wind resources. In addition, several countries of the region have set themselves the goal of achieving 70% of renewable energy use by 2030, which is one of the most ambitious objectives at global level. The study of the Global Maritime Forum and the Getting to Zero Coalition highlights that the high access possibilities of Latin America to renewable energy and its high ambition levels make the region one of the main exporters of green hydrogen in the coming decades.
››› News file
FROM THE HOME PAGE
Oceania Cruises and Regent Seven Seas applaud the plan of excavation of the Canale Vittorio Emanuele III
Oceania Cruises and Regent Seven Seas applaud the plan of excavation of the Canale Vittorio Emanuele III
Milan
It would allow the Cruserists to have easy access to Venice.
BLS Cargo buys ten new locomotives for transalpine services with Italy
Bern
They will be delivered by Siemens Mobility in 2026
Medway / Medlog (MSC group) chosen as the industrial partner of the Spanish Renfe Mercancías
Madrid
The company of the shipowner group will go to the control of the railway transport branch of the Iberian group's goods
ITF denounces that even the attempted suicide of a seaport removes companies and authorities to assist abandoned crews
London
The incredible and dramatic affair of the personnel of three ships of the Turkish Sea Lion Shipping
The value of seafarers ' wages will be increased by 6%
Berlin
Agreement between ITF and the Joint Negotiating Group for the period 2024-2027
American Seacor Holdings cedes towing activities
Fort Lauderdale
Fleets operated in Florida, Alabama, Texas and Louisiana have been sold to E.N. Bisso & Son and Bay-Houston Towing
Meyer Werft begins construction of the Asuka III cruise ship for Japan's Asuka Cruise
Meyer Werft begins construction of the cruise ship Asuka III for Japanese Asuka Cruise
Papenburg / Yokohama
It will be delivered in 2025 and will be able to host 740 passengers
Joint venture of MOL, MISC and Petronas to invest in LCO2 vessels
Tokyo
The initiative is linked to the projects carried out by Petronas CCS Ventures
AdSP of Gioia Tauro urges the Corap to transfer them to former Enel areas otherwise it will ask for damages
Joy Tauro
In view of the entry into force of the new EU environmental rules for shipping, shipping companies communicate to customers the foreseeable entity of the superoils
Genoa
The impact on the costs of shipping expeditions seems rather uncertain
Interferry, Marebonus should be adopted across Europe
Interferry, Marebonus should be adopted across Europe
Brussels / Rome
Mathieu : We ask for a pan-European ecobonus system for short sea shipping. Bordoni : RAM relaunches its role in digitalization and innovation of portuality and logistics
De Rosa (SMET) : The ZES tax credit is excluded from strategic production sectors including transport
Salerno
Launch new rules to increase the competitiveness of the Virgin Islands Shipping Registry
Tortola
An autonomous governing board will be set up
MSC confirms Fincantieri orders for two new cruise ships for Explora Journeys
MSC confirms Fincantieri orders for two new cruise ships for Explora Journeys
Geneva / Trieste
They will be delivered in 2027 and 2028
Presented the design of the new waterfront of the port of Piombino
Plunge
The overall cost of the speeches is more than 30 million euros.
Le Aziende informano
C. Steinweg - GMT S.r.l., il vostro partner logistico nella regione del Mediterraneo
L'azienda ha sede a Genova come ufficio regionale del gruppo Steinweg per il Mediterraneo centrale, la Costa Adriatica e il Nord Africa ed è l'operatore leader nella logistica dei metalli in Italia
ESPO, inserting ports of transhipment close to the EU in the EU scope ETS represents only a partial solution to the problem of the loss of competitiveness of European ports
Brussels
D' Agostino : The shipping companies are preparing, where possible, to exit the EU ETS
Africa Global Logistics (MSC group) obtains the management of the container port of Malindi
Africa Global Logistics (MSC group) obtains the management of the container port of Malindi
Zanzibar
It is the main container port of Tanzania
In 2022, CO2 emissions from ships in Europe returned to pre-pandemic levels.
In 2022, CO2 emissions from ships in Europe returned to pre-pandemic levels.
Brussels
New record of 135.5 million metric tons of carbon dioxide also determined by the 6% increase in the number of ships approx in EU ports
Vopak cedes three terminals for chemical products in the port of Rotterdam at Infracapital
Rotterdam
Transaction of the value of 407 million euros
Giampieri (Assoports) : We have explained to the EU Commission why the ETS poses at risk the competitiveness of Italian ports
Rome
It must be ensured that everyone is playing the game on the same level.
Hapag-Lloyd will establish its own terminalistics division
Hamburg
Hapag-Lloyd Terminal Holding will be based in Rotterdam
German FRS gives up Spanish company FRS Iberia to Danish DFDS
German FRS gives up Spanish company FRS Iberia to Danish DFDS
Flensburg / Copenhagen
The fleet of eight ships and the 750 employees are passing through the Copenhagen Group.
In 2022 the market for insurance of goods grew, but the future is uncertain
In 2022 the market for insurance of goods grew, but the future is uncertain
Edinburgh
Therrien (IUMI) : All regions have registered an increase with the exception of Asia
Fincantieri is guaranteed a long-term financing of 800 million euros.
Trieste
"sustainability linked" credit line guaranteed by SACE
Starlite Ferries renews the deal with Accelleron
Baden
Concerns the provision of care services for turbochargers installed on ships
Fercam has inaugurated its new warehouse in Alexandria.
Bolzano
It has an area of 1,950 square meters plus 290 of offices
Concluded the adjustment of Gallarate station to freight trains from 750 metres
Rome
Investment by Italian Railway Network of three million euros
It concluded the clearance operations of the freight train wagons derailed in the base tunnel of the Gotthard
Bern
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish shipyard Med Marine delivers a new tugboat to the Vernicos Scafi
Istanbul
It is the first means of new construction of the fleet of the Greek-Italian joint venture
Kenya Ports Authority privatizes benches at ports of Lamu and Mombasa
Mombasa
Launched an international competition that also includes a special economic zone
Last month, freight traffic in the port of Taranto increased by 6.9% percent.
Taranto
In the first eight months of 2023, a decline of -4.0%
New paints to contain the propagation of fires on ships and construction sites
Palermo
Messina Group has taken delivery of its second full container ship
Genoa
Has a transport capacity of 4,600 teu
Approda in Genoa the first container ship of the FIM service of HMM
Genoa
Scalo to container terminal of PSA Italy
Hapag-Lloyd will equip all of its internet connection ships through the Starlink satellite network
Hamburg
Success of tests started in May
First meeting of the technical table on security of work in the port
Rome
Among the proposals, insert some port job profiles between the "usurante/gravest" job categories
In the June-August period, FedEx Group revenues fell by -6.7% percent.
Memphis
Net profit marked a growth of 23.2%
Cooperation of ICHCA and PEMA to improve the safety of handling goods
London
Spearport, necessary to minimize red tape in ports
Genoa
Botta : paper documents are an absurdity in the age of digitalization
Germany's Rhenus acquires the two terminals of the Rietlanden Terminals in the port of Amsterdam
Germany's Rhenus acquires the two terminals of the Rietlanden Terminals in the port of Amsterdam
Singapore / Holzwickede
Dutch company will be ceded in two stages by Singaporean JERA Global Markets
In August the port of Algeciras handled 424mila containers (+ 1.5%)
Algeciras
In the first eight months of 2023, the total was 3.16 million teu (-0.4%)
Conference on the Promotion of Health in the Port Workers of the Straits
Messina
It will be held on October 2 in Messina
Ukrzaliznytsia-RCG Agreement for the development of intermodal transport between Ukraine and Austria
Kiev
In short, the testing of the transport of semi-trailers on the Kiev-Budapest line will begin.
In the first half of 2023 the revenues of the Chinese terminalist group CMPort decreased by -10.8%
Hong Kong
Container traffic grew by 0.3%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference on the Promotion of Health in the Port Workers of the Straits
Messina
It will be held on October 2 in Messina
The Cool Logistics Global event will be held for the first time in Italy
Genoa
The event is scheduled from 10 to October 12 next in Genoa
››› Meetings File
PRESS REVIEW
España demanda una revisión instantánea de los puertos vecinos de transbordo
(El Mercantil)
Shipping minister resigns in aftermath of ferry passenger's death
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Daniele Rossi
Napoli, 30 settembre 2020
››› File
Union Pilots has strongly criticized the procedure for renewing the piloting tariffs
Taranto
Bellomo : well the updating of the fares of local practical
At the MITO terminal of the port of Cagliari the first container ship coming out of a Ukrainian port
Genoa
Landed 2,114 containers
The Cool Logistics Global event will be held for the first time in Italy
Genoa
The event is scheduled from 10 to October 12 next in Genoa
In the first quarter of this year, the traffic of goods in Greek ports has returned to growth
Athens
However, the total was lower than pre-pandemic levels.
Last month, shipping containers handled by the port of Valencia fell by -11.7% percent.
Valencia
In the first eight months of this year, the decline was -10.6% percent.
In August, container traffic in Hong Kong port fell by -9.4% percent.
Hong Kong
Decline of -15.1% in the first eight months of 2023
Last month, container traffic in the port of Los Angeles returned to growth.
Los Angeles
In the first eight months of 2023, a decline of -21.0% percent was marked
Last month freight traffic in the port of Singapore grew by 1.7% percent
Singapore
The containers were over 3.3 million (+ 2.0%)
On October 2 in Lugano, the sixth edition of "A Sea of Switzerland" will be held in Lugano.
Lugano
The conference will be articulated in three sessions
In August, freight traffic in Russian ports grew by 5% percent
St. Petersburg
Increase in dry goods. Decline of liquid bulk bulk
New agency of Negro families, Clavarino and Schenone to provide services to the construction of the new Genoa Dam
In August, container traffic in the port of Long Beach decreased by -15.4%
Long Beach
In the first eight months of 2023, the decline was -24.4%
New freight train service Verona-Wuppertal of Rail Cargo Group
Vienna
Made three weekly rotations
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