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INTERNATIONAL WATERS SINGAPORE • MUMBAI • YANGON • MANILA • ATHENS • ROTTERDAM • CONNECTICUT • HOUSTON
mitment to resolving regulatory barriers and busi- ernment investment in clean maritime technology.
ness and talent mobility in both countries through The multi-million-pound Zero Emission Vessels and
a standing mechanism under iCET. Infrastructure (ZEVI) competition, launched on 6
To expand and deepen their technology partner- February 2023, will see innovative companies apply
ship, the United States and India are launching new for the funding, which must be used to decarbonise
bilateral initiatives and welcoming new cooperation technology both on board and shoreside.
between governments, industry, and academia in This is the first time in UK history the government is
the following domains: intervening to specifically target this level of funding
• Innovation Competition on green maritime tech, which is already well devel-
• Defense Innovation and Technology Cooper- oped. The funding will take the tech from the factory
ation to the sea – identifying which projects will have a long-
• Resilient Semiconductor Supply Chains term impact in reducing emissions.
• Space Successful projects must show they could use this
• Science, Technology, Engineering and Math money to work with major UK ports and operators to
Talent launch a zero-emission vessel by 2025 at the latest.
• Next Generation Telecommunications. Such technology includes battery electric vessels, Transparent ship management
shoreside electrical power, ships running on low-car-
RUSSIA AND IRAN FORGING CLOSER TIES bon fuels like hydrogen or ammonia, and wind-as- should be the best part of your day
Iran and Russia have linked their interbank commu- sisted ferries.
nication and money transfer systems to help boost
trade and financial transactions as both Tehran and PORT EVERGLADES TO ADD SHORE POWER
Moscow are being hit by Western sanctions. TO EIGHT CRUISE TERMINALS First class technical management Dedicated inhouse training centers
Since 2018, when the US withdrew from the 2015 Port Everglades recently completed a study to add
nuclear pact with Iran and reimposed sanctions, the shore power to the Port’s eight cruise terminals and 24/7 online transparency via ShipSoft® 4,500+ dedicated crewing pool
Islamic Republic has been disconnected from the has taken delivery of the final report. This compre-
Belgium-based SWIFT financial messaging service, hensive analysis assessed the capacity of the existing Procurement pool rebates back to your ship Dynamic energy optimization team
a key international banking access point. electrical grid and identified the necessary infrastruc-
Similar restrictions have been imposed on some ture upgrades required to deliver shore power to the Fixed opex & crewing cost options Fully adaptive Ship Management model
Russian banks since Moscow invaded Ukraine last diverse cruise ships calling at Port Everglades. The
year. recommended plan is capable of delivering up to 16
The head of Iran’s Central Bank, Mohammad Farzin, megawatts of electricity simultaneously to each of the
welcomed the move. “The financial channel between eight terminals in accordance with IEC/IEEE 80005
Iran and the world is being restored,” he tweeted. standards.
Since the beginning of the war in Ukraine, Tehran and To align with Broward County climate change goals,
Moscow have taken steps to forge close bilateral Port Everglades is advancing initiatives to reduce
ties as both capitals seek to build new economic and greenhouse gas emissions, including the installation
diplomatic partnerships elsewhere. of shore power infrastructure. Engine exhaust gases
With poverty deepening, largely because of US from cruise ships running on-board power plants while
sanctions on Tehran over its nuclear program, many docked are contributors to air emissions. Shore power
Iranians have been feeling the effects of galloping infrastructure enables ships to turn off their engines
inflation and rising unemployment. and connect to the local electric power grid. Full
Inflation has soared to over 50%, the highest level implementation of this shore power and electrifica-
in decades. According to Iran’s Statistics Centre tion initiative is projected to eliminate 11,366 metric
reports, youth unemployment remains high, with tons of CO₂ while reducing NOx and SO₂ emissions by
over 50% of Iranians living below the poverty line. 75% and 51%, respectively. This is equivalent to taking
2,470 cars off the road annually. The electricity will be
PASSENGER generated by FPL using a variety of energy sources,
including natural gas, nuclear, solar, and wind.
SHIPPING The estimated cost for the project, including the cost
of FPL supply and distribution system upgrades, is
approximately $20 million per cruise terminal, costing
a total cost of $160 million. The project is expected
UK INVESTS £77 MILLION TO to be financed through federal and state grant funds,
DECARBONISE MARITIME TRANSPORT contributions from FPL, the participating cruise lines,
Zero-emission ferries, cruise, and cargo ships will and the County. Implementation will occur in phases.
set sail in UK waters within two years, creating The earliest the construction could begin is mid-2024,
thousands of new jobs, thanks to a £77 million gov- with all phases completed by the end of 2027. www.mtmshipmanagement.com
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