Cases

Sustainable shipping from a bankers perspective

The shipping industry is and will remain cyclical. Good and bad years alternate. As a shipping company, it is therefore not that easy to remain profitable in the longer term. Especially considering all the environmental requirements and expectations that are set today. In addition, shipping is capital intensive, whereby appropriate financing is inextricably linked to the future of shipping. We talk to Bert Kuiken (Commercial Director) and Joep Gorgels (Global Head of Coverage Transportation & Logistics) of ABN Amro about mutual expectations, challenges for the future and the “Poseidon Principles”.

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On a sustainable transit for and to future generations

“Making our company more sustainable every day for current and future generations.” With this ambition, Wagenborg presented its sustainability policy at the end of 2020. We will talk to CEO Egbert Vuursteen and CFO Jeroen Seyger about good entrepreneurship, taking responsibility and greening at Wagenborg.

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Challenges for the shipping industry according to TNO

While TNO Business Developer and researcher Jurrit Bergsma still wondered two years ago whether ocean shipping would switch to sustainable energy carriers, now, he says, the question is mainly when the sector will switch. “From a technical point of view we are well on the way, now it is important to gain the trust of the ship owners with proven scalable concepts, and to make it financially feasible, so that we can take the next step in practice.”

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On course to 2030

Polluting ships, an outdated sector and menial work: that is the average image of maritime shipping portrayed in the media. “Incorrect and unnecessary”, says Annet Koster, Director of the Royal Association of Dutch Shipowners (KVNR). “The general public is unfamiliar with Dutch maritime shipping, so it’s high time we tell them just who we are, what we do and what course we have set for the coming decades!”

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Econowind lends a ship wings

Jan van Dam is not only a shipowner and trendsetter in terms of sustainability, but Jan van Dam is also a keen sailor. So when he heard about wingshaped elements which would theoretically result in 8 to 10 percent less fuel consumption on board his ships, he decided to turn his ship Ankie into a pilot ship.

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In the clutches of Corona?

Months away from home, stuck on a ship where you could have disembarked if only you were allowed to, food and medication running out and no direct contact with your family all that time. Covid-19 has trapped hundreds of thousands of crew members at sea for many months. They are accustomed to an extended stay away from home, but not this long. According to the most recent estimations, around four hundred thousand crew members are stuck on ships they are not allowed off. This is a massive number in a sector which employs around 1.8 million people. It has however become daily reality, also for Marianne Klat, Senior Crew Manager at Wagenborg in Delfzijl.

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It all starts with ‘one single point of truth’...

Technical innovations make it possible to optimise trips by choosing the best route for example and sailing at the most efficient speed. It will also be possible to use the fleet as a whole even more efficiently, for example through smart planning programs in the office. This not only renders shipping more sustainable but also increases the international competitive position. Wagenborg is therefore working hard on the options for digitisation and smart shipping. We’re talking to Eldert Heijkoop (Manager Operations Chartering) and Maurice Stokhof de Jong (Contract Manager Projects & New build) on more efficient voyages, remote maintenance, smart navigation and planning software, as well as significant fuel savings.

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Sulphur 2020: all you need to know

On 1 January 2020, the International Maritime Organisation (IMO) will implement the new fuel sulphur regulation. Sulphur 2020 is arguably the most impactful environmental regulation to date in ocean transportation and has far-reaching technical, commercial and operational consequences. It’s widely acknowledged that the regulations have significant consequences for both ship owners and their customers.

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“CO2-transport and -storage possible from 2022”

Ludo van Hijfte and Haije Stigter started more than two years ago with the start-up Fizzy Transition Ventures. Both with a different background, but with shared ideals and knowledge in the oil and gas world in which they have earned their spurs at Shell. Experience that helps them achieve their ideals. “We offer companies the opportunity to drastically reduce their CO2 emissions within a few years.”

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