BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Oldendorff joins Sustainable Shipping Initiative

Sharing of ideas 'critical' for GHG reduction, says SSI General Manager.



The 61,090-dwt bulk carrier Alwine Oldendorff. Image credit: Oldendorff Carriers


Updated on 30 May 2018 09:37 GMT

Dry bulk shipowner and operator Oldendorff Carriers has become a member of the Sustainable Shipping Initiative (SSI).

Oldendorff joins other SSI members, including ABN-Amro, AkzoNobel, Bunge, China Navigation, IMC Shipping, Lloyd's Register, Louis Dreyfus, Maersk, Priya Blue, Rightship and Wartsila, who are working together with NGOs Forum for the Future and WWF to help create a more environmentally sustainable maritime industry by 2040.

Oldendorff usually has around 700 bulk carriers under operation at any one time. Since 2014, the firm has invested in around 60 'eco' newbuilds featuring low fuel consumption and reduced emissions compared with older ships.

Most of Oldendorff's long-term, time-chartered ships are also 'eco' type ships.

Scott Jones, Director of Communications at Oldendorff, remarked: "Oldendorff Carriers is pleased to join the distinguished members of the SSI to share ideas and find a profitable and practical way forward on sustainability in the shipping industry. We found the SSI an excellent forum to address shipping specific sustainability issues, with like-minded companies."

Tom Holmer, General Manager of SSI, observed: "Oldendorff are a great addition to the SSI, providing the perspective of a large bulk operator into the deliberations about sustainability and long-term thinking on the maritime industry. The sharing of ideas and best practice across different organisations is a critical part of our journey towards reducing greenhouse gases, developing new technology and becoming more transparent and accountable. Oldendorff's input into these issues makes them a very welcome addition to our membership."

Back in February, Oldendorff reported that it consumed 3.5 million tonnes of marine fuel in 2017, which was a 30 percent increase on the 2.7 million tonnes used the year before and a new record for the bunker buyer.

Overall, Oldendorff's fleet of ships received 6,232 bunker deliveries, which was a year-on-year jump of 1,341, or 27.4 percent.

Commenting on the results at the time, Jens Maul Jorgensen, director of the firm's bunker desk, told Bunker Index that the rise was due to the expansion of its fleet and an increase in activities.






Related Links:

Oldendorff sets bunker volume record as deliveries jump 27%
Germany

Latest News:

Vopak and Maersk to launch 0.5%S bunkering facility in Rotterdam
Dan-Bunkering merges with Australia Bunkering
Oil and fuel oil hedging market update
SHI to build two bunker-saving LNGCs for Celsius Tankers
Oil slightly down on trade war and fears of economic slowdown
VPS issues flash point distillate alert for New York
Viking Line's bunker costs rise 3.6% in H1
Global Risk Management hires former Geos trader
Maersk profitability 'significantly impacted' by higher bunker costs
Oil and fuel oil hedging market update
Coming up: oil rig count, US production data and meeting between US and China
Done in a month: Mercuria takes 30% stake in Aegean as refinancing transaction is agreed




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events