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'GLYKOFILOUSA V‘ is flying the Hellenic Flag and is a two-way double ended RO-RO passenger open type ferry. Her overall length is 107 m and has a tonnage of 1304,87 GRT.

She can carry 1000 passengers and 146 Cars on Main Garage Deck or 26 Trucks of 12 meters length and 38 Cars on Lower Garage Deck.

The Hellenic Register of Shipping issued the seaworthiness Certificates following the successful completion of the technical appraisal and approval of plans and studies, to verify compliance with the applicable Society’ s Rules, Regulations and Standards as well as related National Legislation, performed by the HRS team of Naval Architects and Marine Engineers. Special consideration was given on the structural assessment based on Finite Element Analysis methods. Owners also required certification for light ice operation. 

The vessel’s construction in the shipyard as well as the attendance of shop tests for key components like main engines, generators and castings had been performed by the HRS team of Marine Surveyors in order to verify that the vessel and her components had been in accordance with the approved design plans and test standards.

Prior the vessel’s delivery, HRS Marine Surveyors attended sea trials relating to vessel and outfitting tests; proceeding to the certification of propulsion engines, auxiliary machinery and safety equipment.

Hellenic Register of Shipping wishes ‘’fair winds and following seas ‘’

According to Zacks, “AEGEAN MARINE PETROLEUM is a marine fuel logistics company that physically supplies and markets refined marine fuel and lubricants to ships in port and at sea. They intends to focus on growing its fleet of double hull bunkering tankers and expanding its service centers in strategic locations worldwide to further enhance the Companys extensive customer relationships and leading industry position. “

Several other analysts also recently issued reports on ANW. TheStreet raised shares of Aegean Marine Petroleum Network from a “hold” rating to a “buy” rating in a research note on Wednesday, November 30th. Clarkson Capital reaffirmed a “neutral” rating on shares of Aegean Marine Petroleum Network in a research note on Tuesday, January 10th.

Shares of Aegean Marine Petroleum Network (NYSE:ANW) traded up 2.36\% on Tuesday, reaching $10.85. The company’s stock had a trading volume of 339,413 shares. The company’s 50 day moving average price is $10.72 and its 200 day moving average price is $9.89. Aegean Marine Petroleum Network has a 12-month low of $5.00 and a 12-month high of $13.10. The company has a market cap of $427.52 million, a P/E ratio of 11.73 and a beta of 2.86.

Several hedge funds have recently bought and sold shares of the stock. Engineers Gate Manager LP bought a new stake in Aegean Marine Petroleum Network during the third quarter valued at $445,000. Airain ltd acquired a new position in shares of Aegean Marine Petroleum Network during the third quarter valued at about $833,000. ClariVest Asset Management LLC acquired a new position in shares of Aegean Marine Petroleum Network during the third quarter valued at about $161,000. Lucus Advisors LLC acquired a new position in shares of Aegean Marine Petroleum Network during the third quarter valued at about $405,000. Finally, Smith Asset Management Group LP raised its position in shares of Aegean Marine Petroleum Network by 2.0\% in the third quarter. Smith Asset Management Group LP now owns 29,670 shares of the company’s stock valued at $297,000 after buying an additional 590 shares during the last quarter. 70.50\% of the stock is owned by hedge funds and other institutional investors.
Source: Zacks

Climate change being a global challenge and shipping being a global industry, ESPO strongly believes that IMO is by far the right place to introduce CO2 target and measures to reduce emissions from shipping in line with the Paris Agreement.

In that respect, ESPO believes that the roadmap agreed at the IMO MEPC meeting last October is a starting point for the discussions. On the basis of available scientific evidence, the IMO needs to strengthen its efforts and submit an initial reduction target to the stock-take process of the Paris Agreement in 2018 accompanied by short-term measures. By 2023, IMO should introduce the necessary target and measures to bend down the CO2 emissions curve.

ESPO believes that a 6-year period until EU measures are put in place, is sufficient time for the IMO to discuss and agree on the necessary target and measures. 2023 must therefore be seen as a milestone. In case this deadline is not met, EU measures will have to be introduced. It should however be clear that in case of an international agreement by 2023, the EU measures are to be repealed.    

“The Paris Agreement has delivered tremendous results due to the international cooperation and the active engagement of developing and developed countries. As climate change is a global threat and shipping an international sector, it’s clear that a regional approach is not preferable. The IMO is by far the right place to introduce a target and measures for shipping emissions. Today’s vote in Parliament should be seen as an encouragement for a global solution, given that the foreseen deadline of 2023 is respected. If, however, the IMO will not deliver an emissions reduction target and measures to implement it by 2023, an EU approach seems unavoidable. We therefore hope that the IMO will speed up the process and demonstrate the same level of ambition when addressing climate change as it did on the global air pollution cap agreed last October”, says ESPO’s Secretary General, Isabelle Ryckbost. 

Ports, coastal cities and their local communities are amongst the most vulnerable to extreme weather conditions resulting from global warming. Under the Paris Agreement all countries and all sectors of the economy need to take immediate action and to contribute to keeping the increase of the global temperature well below 2°C.

The EU and national climate measures that are currently being developed to implement the Paris Agreement, will oblige ports to reduce the carbon footprint of their land-based activities. These efforts should be accompanied by measures covering emissions generated at sea. The environmental reputation of the maritime and port sector is at stake. Last October, IMO MEPC 70 agreed on a roadmap towards the development of a comprehensive strategy on the reduction of GHG emissions from ships. 2018 has been set as a milestone for defining an initial IMO strategy. This initial strategy will allow international shipping to take part in the first stock-taking meeting under the Paris Agreement in 2018 where all national reduction targets will be tested for being fit for purpose. This initial strategy would subsequently be adjusted based on the analysis of available data, and a revised strategy envisaged for spring 2023 will be finally adopted. The roadmap does not however make any commitment to setting an initial emissions reduction target as part of the strategy.

www.espo.be 

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