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To fulfill the demand for LNG, ADNOC L&S to acquire 3 more new build vessels

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ADNOC L&S to acquire 3 more new build vessels to meet the demand for LNG. Image: ADNOC
ADNOC L&S to acquire 3 more new build vessels to meet the demand for LNG. Image: ADNOC
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ADNOC Logistics & Services, the shipping and maritime logistics arm of the Abu Dhabi National Oil Company and the region’s largest shipping and logistics company, announced its decision to purchase three additional liqueified natural gas vessels. ADNOC L&S is the region’s largest shipping and integrated logistics company and the state-of-the-art new-build vessels will bolster the company’s capacity as it responds to the growing global demand for LNG.

The new-build LNG vessels, each with a capacity of 175,000m3, are significantly larger than the current ADNOC L&S fleet which have a capacity of 137,000m3 each. ADNOC L&S previously announced in April 2022 that it will acquire two LNG vessels which brings the total number of new-build LNG vessels ordered to five, with the vessels scheduled for delivery in 2025 and 2026.

Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said: “ADNOC is an active player in the evolving global energy landscape, where natural gas and LNG are playing an increasingly important role. ADNOC L&S’ strategic acquistion of five state-of-the-art LNG vessels will support ADNOC’s existing LNG business as well as its significant growth plans.

“Several dynamics are stengthening the LNG market which makes the timing of these acquisitions particularly significant. This includes a renewed emphasis on energy access and security, as well as new environmental regulations that favor more fuel-efficient vessels, such as the new-builds that we are purchasing.”

All five new-build LNG vessels will be built at the Jiangnan Shipyard in China. Jiangnan Shipyard was also previously commisioned by ADNOC L&S in 2020 to build five Very Large Gas Carriers for AW Shipping, ADNOC L&S’ Joint Venture company with China’s Wanhua Chemical Group.

Mr. Lin Ou, Chairman of Jiangnan Shipyard, said, “We would like to thank ADNOC L&S for its continued collaboration with Jiangnan. We are committed to the promotion of new efficient, energy-saving and environmentally-conscious vessels and proud to be able to support ADNOC L&S’ growth strategy for the future.”

The acquisition of larger, more energy efficient vessels will allow ADNOC L&S to meet growing customer demand while improving the environmental footprint of its fleet. The new vessels’ engine technology will reduce emissions (CO2, NOX and SOX) and in combination with the innovative Air Lubrication System, further reduce fuel consumption by at least 10%.

ADNOC L&S has the largest and most diversified fleet in the Middle East, with more than 200 vessels transporting crude oil, refined products, dry bulk, containerized cargo, liqueified petroleum gas (LPG), and LNG to global markets. When combined with its 1.5 million square meter integrated logistics base in Mussafah and its comprehensive end-to-end logistics capabilities, ADNOC L&S is the region’s leading provider for integrated maritime logistics solutions.

Over the past 24 months, ADNOC L&S has acquired 16 deep sea vessels, including eight Very Large Crude Carriers in 2021, that added 16 million barrels of capacity. Furthermore, the company acquired six product tankers, which expanded the product tanker fleet capacity to over 1 million metric tonnes as well as five VLGC for AW Shipping.

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NAVTOR and Veracity by DNV partner for sustainable, profitable shipping

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NAVTOR and Veracity by DNV partner for sustainable, profitable shipping. Image: Pixabay
NAVTOR and Veracity by DNV partner for sustainable, profitable shipping. Image: Pixabay
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NAVTOR  a Maritime technology company has signed an Integrated Partner agreement with Veracity by DNV, aiming to help shipowners and operators simplify reporting, enable sustainable shipping and unlock green finance. The potential benefits – both commercial and environmental – are “enormous” according to Bjørn Åge Hjøllo, Chief Sustainability Officer, NAVTOR.

NAVTOR has built its reputation as the world’s leading provider of e-Navigation and ENC-based products and services, delivering digital innovations to over 8000 vessels worldwide. Over the past two years it has extended its “digital ecosystem”, which connects key systems onboard with onshore management teams, to provide advanced performance monitoring and optimization capabilities.

Data is the key. And this is where DNV’s cloud platform Veracity comes in.

From regulation to opportunity

“Our ecosystem collects, aggregates and utilises enormous amounts of business-critical data,” explains Hjøllo. “That is used to make shipping safer, simpler and more efficient – automating tasks, reducing fuel consumption, saving costs, and, in short, delivering complete asset awareness and control for our customers. But that data can also be used to unlock ‘next level’ sustainability gains – turning regulations into business opportunity – when you have the right partners.”

Hjøllo notes that climate targets, most notably IMO’s GHG ambitions, are supported by a range of regulations, including IMO DCS, EU MRV and, from 1 January 2023, mandatory calculations of annual Carbon Intensity Indicators (CII) for individual vessels. These help dictate access to Sustainable Linked Finance (SLF), whereby, in keeping with the increasingly widely-adopted Poseidon Principles, owners can benefit from lower interest rates on financing and favourable insurance rates.

Accurate reporting on these regulations is of fundamental importance.

Stakeholder benefits

NAVTOR’s systems harvest and aggregate the required data for reporting and, through auto-populating, radically reduce administration, with automated reports produced at a touch of a button. The firm’s secure, ‘joined-up’ onboard ecosystem provides a single, integrated platform that, say Hjøllo, “covers all the bases” for simple compliance. The agreement with Veracity adds “huge extra value”, he notes, explaining:

“Veracity provides a vital piece of the puzzle. Vessel data can be transferred to the platform in a seamless digital pipeline, with continuous automated data uploads, reducing the need for manual intervention. This can create shorter reporting cycles, delivering reporting of a much higher resolution and frequency, ensuring greater quality and accuracy.

“This is something that not only regulators want, but also financial institutions, insurance companies, prospective employees, investors, and a range of other stakeholders. Nobody wants to invest their time, energy or money in companies that aren’t focused on the future.

“Furthermore,” he adds, “all relevant voyage and bunker data can be audited through Veracity on a regular basis and that enables forward-thinking owners, using systems like NAVTOR’s to optimise performance, to constantly work to improve their CII ratings and achieve better terms. The savings here can be enormous.”

Partnering for tomorrow

Here Hjøllo mentions one of NAVTOR’s key customers, Eagle Bulk, which is already using verified data to report carbon intensity performance under their USD 400 million sustainability linked credit facility. They are saving, he says, “significant costs, time and resources.”

Jonathan Dowsett, Director of Fleet Performance at Eagle Bulk, confirms the impact of the solution. He notes: “The integration between NavFleet by NAVTOR and Veracity by DNV has improved the efficiency and quality of Eagle Bulk’s MRV and DCS reporting. By automating the transmission of our fleet emissions data at more frequent intervals, we have simplified compliance while also improving visibility into our decarbonization trajectory and reducing workload.“

For its part, DNV also sees huge value in the partnership, demonstrating the capabilities of the Veracity platform for an industry in transition. Mikkel Skou, Executive Director, Veracity, comments:

“We are very pleased to welcome NAVTOR as an integrated partner. In Veracity, our ambition is to deliver trust and scale to industry digitalization, and by integrating with key maritime data providers like NAVTOR, we wish to make it easier for the industry to securely share and derive full value out of its quality assured operational data. We look forward to working with the team to help our common customers deliver more accurate GHG reporting with a minimum of manual intervention.”

Sustainable commitment

Hjøllo, for one, is convinced that this open, collaborative and data-driven approach can be instrumental in securing a more profitable, sustainable future for the maritime industry.

“There are no losers here, only winners,” he states. “With a single, simple, integrated platform, and high-quality data verification with Veracity, owners and operators can ensure complete compliance while working to lower fuel costs and emissions and access favourable financing. Shipping companies can prove they are committed to sustainable practices – and there are many other datapoints that can be captured through our digital logbooks, e.g. vessel waste and cargo types – and demonstrate their values to customers and staff looking for responsible businesses.

“This might sound daunting, or incredibly complex, but it’s not. With NAVTOR and Veracity, combining for one integrated, agile service, the future of sustainable shipping can be a lot simpler than you think!”

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Wartsila introduces its new Wartsila 25 medium-speed 4-stroke engine

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Wartsila introduces its new Wartsila 25 medium-speed 4-stroke engine. Image: Wartsila
Wartsila introduces its new Wartsila 25 medium-speed 4-stroke engine. Image: Wartsila
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The technology group Wartsila introduces its new Wartsila 25 medium-speed 4-stroke engine. Based on Wartsila’s highly successful modular technology platform, this latest addition to the company’s engine portfolio is designed to accelerate and support the maritime sector’s efforts in achieving decarbonised operations.

The Wartsila 25 engine’s modularity offers shipowners and operators maximised flexibility, while the engine’s efficiency and fuel economy deliver minimised emissions. The engine is already capable of operating on diesel, LNG, or on either gas or liquid carbon-neutral biofuels, and can easily be upgraded to operate with future carbon-free fuels as they become available. The flexibility of having different valve timing options is a key enabler for future fuels and emissions optimisation.

The Wartsila 25 is intended to be the first Wartsila engine to run on Ammonia as a fuel – technology development is currently underway with a technology concept readiness slated for 2023, followed by planned product release soon thereafter.

“This engine marks the beginning of a new era of future-proof medium speed, small-bore engines, and comes as an important step towards the maritime industry meeting its decarbonisation goals. The Wartsila 25 ticks all the boxes. It is a small but powerful engine, and it provides an effortless transition to future fuels, making it a future-proof investment already today. Most importantly, the Wartsila 25 brings all of these advantages whilst keeping the total cost of ownership within reason.” says Roger Holm, President Marine Power & Executive Vice President Wartsila Corporation.

When operating with natural gas the engine is IMO Tier III compliant, as it also is with diesel when integrated with a Wartsila NOx Reducer emissions abatement system. Furthermore, it enables economically viable compliance with regulations such as the IMO’s CII and EEXI protocols that enter into force in 2023.

The Wartsila 25 is designed for long periods of maintenance-free operation and it supports dry-docking schedules with a time-between-overhauls of up to 32,000 hours. As a result, both downtime and operating costs are significantly reduced. Data-driven dynamic maintenance planning and predictive maintenance services can extend the TBO even further.

The Wartsila 25 features a robust and highly efficient turbocharging system with a high pressure ratio. It is now available in 6L, 7L, 8L and 9L cylinder configurations, while the dual-fuel version has a power output ranging from 1.9 to 3.1 MW, and the diesel version from 2.0 to 3.4 MW. The common-rail high pressure fuel injection technology optimises combustion and the fuel-injection settings at all loads. This in turn promotes smoke-free operation.

Other features include a self-learning proportional, integral, derivative control to reduce calibration needs, and the gathering of critical engine data for predictive maintenance, reporting and analysis purposes via Wartsila’s Expert Insight service. The modules can be replaced ‘on the fly’, which eliminates the need for separate software downloads. Optional and easy-to-apply adjustments for arctic or tropical conditions and for reducing emissions to the level of a pure gas engine are also available.

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Port of Antwerp-Bruges launches #PortCleanUpChallenge2022

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Port of Antwerp-Bruges launches #PortCleanUpChallenge2022. Image: Pixabay
Port of Antwerp-Bruges launches #PortCleanUpChallenge2022. Image: Pixabay
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Port of Antwerp-Bruges is highlighting litter. After the great success of the 2021 Port Cleanup campaign, the Port Authority is now opting for a #PortCleanUpChallenge2022. Companies active at the port will be challenged, just like the Port of Antwerp-Bruges’ own employees, to clean up as much litter as possible at the port. The starting gun was fired today during a cleanup campaign at the port. After the cleanup month, an artwork made from roadside litter will be awarded. The sponsorship of the Challenge is being taken on by Jean-Paul ’10 minutes a day’ Meus.

Get rid of litter!

Litter does not belong in the Scheldt, in nature or at the port. In recent years, the Port Authority has been working with companies at the port to raise awareness of preventing litter and floating debris, and of cleanup efforts and innovations to address this problem. Port of Antwerp-Bruges itself is also taking a great deal of action to tackle the problem: every day, for example, port tornadoes clean up litter at the port of Antwerp, while Patje Plastic and waste collection boat Condor are doing away with floating debris and drones are being deployed to detect floating debris. In Zeebrugge, the green workers from 360° Groen are helping to clean up mess in the port area. Along with Mooimakers, Port of Antwerp-Bruges launched an awareness campaign aimed at truckers in 2021, a Cleanliness Index was developed, and drones were deployed in the battle against floating debris on the Scheldt and in the docks, etc.

In 2021, Port of Antwerp also organised a Port Cleanup campaign in collaboration with Mooimakers and Natuurpunt. No fewer than 1,200 people participated.

Vice Mayor for the port, urban development, spatial planning and patrimony, and President of Port of Antwerp-Bruges, Annick De Ridder: “Our port is the economic engine of Flanders, providing no fewer than 164,000 jobs as well as the necessary passage. Precisely because a clean port is a pleasant port to work at, we are launching the #PortCleanUpChallenge2022. Armed with a litter picker, gloves, boots and rubbish bag, we will be going to war against litter today. It’s a warm-hearted call-out to all the people and companies working at our port to do the same in the month of September … and to keep the port clean afterwards as well. It is therefore our explicit ambition to be the very first world port to reconcile economy, people and environment in a sustainable way.”

#PortCleanUpChallenge2022 ​

This year, Port of Antwerp-Bruges is challenging the entire port community from Antwerp to Zeebrugge, as well as its own employees, to set up as many campaigns as possible for clearing up litter at the port. Both maritime and non-maritime companies at the port can participate. The kick-off for this campaign will be given today by Chair Annick De Ridder and Jean-Paul Meus. On 20 September, Vice Chair Dirk De fauw will be getting to work near Zelzatebrug at the port of Zeebrugge.

CEO Jacques Vandermeiren: “The Port Authority attaches great importance to the battle against litter. Beyond September, we also implement policies throughout the year to keep public spaces at the port free of waste, from Antwerp to Zeebrugge. The port must be a clean environment to work in, and that’s not just about the environment. This Port Cleanup Challenge will also help us to further strengthen the community feeling at the port, including between companies in Antwerp and Zeebrugge.”

Participating port companies will communicate on LinkedIn about their campaign by using the tag #PortCleanupChallenge2022.

Vice President for Port of Antwerp-Bruges Dirk De fauw: “I am now challenging all the companies in Zeebrugge to help clean up the mess. I’m sure they will roll up their sleeves to take on this challenge and start making a solid contribution against litter.” ​

Antwerp litter activist Jean-Paul Meus is taking on the sponsorship

Jean-Paul Meus is known in Antwerp as an activist against litter with his ’10 minutes a day’. After having initiated numerous campaigns against litter, he is now throwing his weight behind the campaign organised by Port of Antwerp-Bruges.

Jean-Paul Meus: “I myself have been cleaning up for 10 minutes a day for more than 2,300 days in a row. Litter is everyone’s battle. I’m very happy that our port is taking this seriously, so I’m happy to take on the sponsorship of the Challenge. 17 September is World Cleanup Day and that’s when I’d like to get as many people as possible into cleaning up litter.”

The Challenge also comes with a prize. The company that shared the most fun and original team photo of the campaign during the Cleanup Month will receive a trophy during the month of October.

The Antwerp-based ‘Trash Kids Club’ will provide the trophy

Artist collective ‘Trash Kids’ will provide this trophy for the winner. The ‘Trash Kids’ have long been known to be creative with Antwerp’s litter. They will create an artwork from Antwerp roadside litter for the winner.

The Port Cleanup Challenge is being supported by 360° Groen, Mooimakers and Natuurpunt.

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