VDR: 81 Pct of German Shipping Companies to Use LSFO

first_imgThe vast majority of ships in the German fleet will run on the new low sulphur fuel oil (LSFO) from January 1, a new survey found.This is one of the findings of the survey conducted by the German Shipowners’ Association (VDR) among its member companies.As explained, although the data obtained through the survey does not represent the German shipping industry as a whole, it includes shipping companies from every sector of the country’s shipping industry.The survey was conducted against the backdrop of one of the biggest changes occurring in the shipping sector – the International Maritime Organization (IMO) 2020 sulphur cap. There are essentially three options available to shipping companies during the changeover.According to the survey, 81 percent of the companies surveyed will be using LSFO with a sulphur content of 0.5 percent in the future.On the other hand, 11 percent will continue to use heavy fuel oil (HFO). This is permitted under the IMO rules, provided that scrubbers are installed on vessels.Additionally, 6 percent of respondents indicated that they will be using other fuels, such as those prescribed already since 2015 for Emission Control Areas in the North Sea and the Baltic Sea – fuels with an even lower sulphur content of 0.1 percent.What is more, 2 percent of ships in the German fleet will be powered by LNG after 2020, according to the survey.“Germany’s maritime industry has carefully prepared for this enormous change. It ushers in a new era in maritime shipping, signalling the end of heavy fuel oil. We support this change and are implementing it – and in doing so, we are making an impressive contribution to long-term environmental protection,” Ralf Nagel, CEO of the VDR, commented.Specifically, the greatest challenge looming as part of the changeover according to the companies surveyed will be technical problems encountered during operations in the future, as well as the cost of the new fuel, and the issue of cost compensation by third parties, in particular customers. German shipping companies are also concerned about the question of availability.“There are many who fear that the new fuels could cause technical problems during operation – problems that could also have financial consequences,” Nagel added. “We, therefore, call on all stakeholders to be as committed and flexible as possible in preparing for the changeover, to ensure that it will become a success story.”According to the survey, the one-off investment expenditure for companies in the lead-up to the changeover averaged EUR 7.5 million (USD 8.3 million) per shipping company.“Considering that more than two thirds of the shipping companies in Germany are medium-sized and operate fewer than ten ships, we realise just how great the financial effort was that the individual companies had to make in preparing for the changeover,” he explained.Moreover, the additional annual costs now facing companies would make IMO2020 probably the most elaborate regulatory measure ever implemented by the shipping industry.“Companies are particularly concerned about the fact that they will have to bear considerable additional costs in their ongoing operations in the future, and that possible compensation for these added costs by third parties, in particular customers, may not work as envisaged.”“Of enormous importance for us is the fact that this is a worldwide regulation … This demonstrates that the IMO is a body that is capable of taking effective action to regulate shipping worldwide. The IMO should therefore play the key role when it comes to climate protection as well. In contrast, separate regional solutions, for example in the EU, should be avoided. Their effect would be to distort competition, and ultimately they would not have a sustainable impact on the climate,” VDR CEO further said.With regard to the new sulphur regulation, the VDR called for effective controls by the respective port states.“We will be relying on worldwide controls to monitor the implementation of the new regulation, so that no one can gain a prohibited competitive advantage. At the same time, however, we are confident that the flag states and also the customers of the shipping companies have a great interest in ensuring that the new rules are actually complied with,” Nagel concluded.last_img read more

Isla pens QPR deal

first_img “He showed his quality in the World Cup for Chile and it’s a great loan signing for us. “He’s a versatile player, he’s full of energy. I’m confident he’ll be a really big asset for us this season” Isla, who has made 51 appearances for his country, added: “I am very happy to be here – this is the start of an exciting new adventure for me. “Everybody knows that the Premier League is the greatest league in the world and the QPR proposal is very interesting and one I am very excited about. “I hope this coming season is going to be great for both the club and myself. I will give 100 per cent in every game to help QPR in the Premier League.” Earlier on Tuesday, the 47-cap Chile defender completed his medical at Loftus Road and tweeted news of his move – before later removing the post. Redknapp’s fourth summer signing follows just a day after QPR paid a fee believed to reach £6million to prise Jordon Mutch away from Cardiff. The 26-year-old Chilean has received a work permit/governing body endorsement from the Football Association and is currently back in Italy to obtain his working visa. Rangers boss Harry Redknapp told www.qpr.co.uk: “He’s a top player and we’re delighted to have him here. Press Associationcenter_img Juventus defender Mauricio Isla has joined QPR on a season-long loan deal.last_img read more

We didn’t want to stop – Neuer on UCL demolishing of Barcelona

first_imgThe ruthless nature of German champions, Bayern Munich, has never been in question.The Bavarian giants, who have already registered emphatic wins against Tottenham Hotspur and Chelsea this season, added to Barcelona to their chopping board, annihilating the Catalan giants 8-2 in their UEFA Champions League quarterfinal encounter on Friday.Bayern captain, Manuel Neuer, praised his side’s attacking efficiency in the game, and says they didn’t want to stop pressurising the Barcelona defense.”I think one could see we never ceased. We continued to push towards goal,” he said after the game.“Obviously Barca is strong in attack, and goals can happen, but we kept pushing and didn’t want to let go.”We played towards goal and we were successful in the end,” he added.🗣️ Joshua #Kimmich: “You have to consider that we just beat Barcelona 8-2. It’s hard to comprehend.”Reaction to #FCBFCB 🎥#UCL #FCBayern #MissionLis6on pic.twitter.com/BEXV2f5I6v— FC Bayern English (@FCBayernEN) August 14, 2020Bayern will face the winner of the game between Manchester City and Lyon in the semifinals.last_img read more

Eriksen’s agent ‘flying to Madrid this weekend’ to meet Real chiefs

first_imgmost read in footballTHROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battleTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramExclusiveRIYAD RAIDMan City’s Riyad Mahrez has three luxury watches stolen in £500,000 raidPicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’NEXT STEPJonny Hayes set to move to English Championship having been let go by CelticREF RELEASEDChampions League ref Vincic released by cops after arrest in prostitution raidKEANE DEALEx Man United youth ace David Jones says Roy Keane negotiated a contract for himREF RAIDChampions League ref Vincic ‘arrested in raid into drugs and prostitution ring’STIR IT UPBohemians post cryptic response to FIFA promoting a jersey with Bob Marley on itBut they prioritised the pursuit of other targets instead, with Eden Hazard, Luka Jovic and Ferland Mendy coming in.Prem rivals Manchester United have also been linked as Ole Gunnar Solskjaer plots a squad overhaul.The Norwegian boss knows that he is likely to miss out on the playmaker if Real come calling unless they offer him huge wages.2 Eriksen was forced to deny rumours that Vertonghen had slept with his partnerCredit: Instagram @chriseriksen8Christian Eriksen blasts rumours Spurs team-mate Jan Vertonghen slept with his girlfriend and sparked dressing-room bust-up with Harry Kane CHRISTIAN ERIKSEN is a step closer to securing his dream move to Real Madrid with his representatives heading for talks this weekend, according to reports.The Tottenham playmaker has so far rejected all offers to extend his deal at the North London club to force through a move to Spain.2 Christian Eriksen is hoping to secure his dream move to SpainCredit: ReutersHis contract expires at the end of the season meaning Spurs will need to sell him in January or lose him for nothing.Tottenham’s worrying form that includes Tuesday’s embarrassing 7-2 defeat at home to Bayern Munich will do nothing to convince Eriksen that his future belongs at the club.There have also been rumours of unrest inside the dressing room after Eriksen was sensationally forced to deny that team-mate Jan Vertonghen slept with his partner.The defender was then spotted with a black eye which Eriksen DID give him… but in a training ground accident.Real Madrid are ready to take advantage and have been in close contact with his agent to put the feelers out over a new year switch.According to the Star, talks are set to progress this weekend when his agent jets to the capital to meet club representatives face-to-face.Real were heavily linked with a move in the summer transfer window.last_img read more

Australian scientists welcome new governments 1 billion ideas boom

first_img Sign up for our daily newsletter Get more great content like this delivered right to you! Country SYDNEY, AUSTRALIA—Scientists at Australia’s premier science agency are breathing a sigh of relief. After losing U.S. $84 million in funding and 1400 jobs since 2013, the new government will hand the Commonwealth Scientific and Industrial Research Organisation (CSIRO) a welcome U.S. $166 million.It’s part of Prime Minister Malcolm Turnbull’s AU$1 billion (U.S. $730 million) signature National Innovation and Science Agenda, announced today in Canberra, and billed as an “ideas boom.” The science community welcomed the strategy for reversing the deep cuts made by previous Prime Minister Tony Abbott. Turnbull replaced fellow Liberal Party member Abbott in the top job last September in an unceremonious palace coup.It’s a “turning point,” says Les Field, the Australian Academy of Science’s Secretary for Science Policy. The renewed government focus on science and innovation means “we can grow an economy based on our outstanding science,” he adds. Australia’s economic performance has plummeted since the 2008-2009 global financial crises and the drop in the value of natural resources such as coal. Click to view the privacy policy. Required fields are indicated by an asterisk (*) The new strategy contains 24 initiatives spanning a range of government departments. The measures are aimed at securing the future of research infrastructure, building support for science, technology, and engineering in schools, and increasing Australia’s low level of collaboration between government research agencies and industry. It’s a “game-changer,” says Jim Piper, president of Science and Technology Australia, an umbrella group representing 68,000 scientists and engineers.It’s also a challenge. A recent report by the Department of Industry, Innovation and Science’s chief economist noted that Australia performs well on measures of research quality, ranking 10th out of 37 by the Organisation for Economic Co-operation and Development (OECD). In contrast, it ranks last out of 26 OECD nations on collaboration between businesses and public research bodies.Incoming chief scientist Alan Finkel  has described Australia as possessing an entrenched “fear of failure” that hinders private sector investment in innovation. To help combat this national risk aversion, Turnbull’s strategy emphasizes measures aimed at encouraging small high-tech ventures, including tax advantages for early-stage investments, changes to bankruptcy laws, and crowd-funding activities.With a newly created special cabinet committee overseeing the new government agenda, will Australia become Silicon Valley South? Turnbull says “Yes!” Turnbull kick-started his own $150 million fortune with a $360,000 investment in an Internet startup venture.center_img Email Country * Afghanistan Aland Islands Albania Algeria Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia, Plurinational State of Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Congo, the Democratic Republic of the Cook Islands Costa Rica Cote d’Ivoire Croatia Cuba Curaçao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands (Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See (Vatican City State) Honduras Hungary Iceland India Indonesia Iran, Islamic Republic of Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Korea, Democratic People’s Republic of Korea, Republic of Kuwait Kyrgyzstan Lao People’s Democratic Republic Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macedonia, the former Yugoslav Republic of Madagascar Malawi Malaysia Maldives Mali Malta Martinique Mauritania Mauritius Mayotte Mexico Moldova, Republic of Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Norway Oman Pakistan Palestine Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Qatar Reunion Romania Russian Federation Rwanda Saint Barthélemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin (French part) Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten (Dutch part) Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syrian Arab Republic Taiwan Tajikistan Tanzania, United Republic of Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Vietnam Virgin Islands, British Wallis and Futuna Western Sahara Yemen Zambia Zimbabwelast_img read more