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Industry Minister Says He Will Be Working to Provide More Factory Space

first_img “One of the things that I identified in Expo 2018 is a tremendous demand for factory space for processing, and I’ve decided to appropriate more of the properties held by Government to support the expansion of this particular sector,” Mr. Shaw said. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says he will be working to provide more factory space and agro-processing centres for local manufacturers in Jamaica. Addressing the American Chamber of Commerce of Jamaica (AMCHAM) United States (US) Regional Trade Agenda Breakfast Meeting at The Jamaica Pegasus hotel in New Kingston on June 22, Story Highlights Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says he will be working to provide more factory space and agro-processing centres for local manufacturers in Jamaica.Addressing the American Chamber of Commerce of Jamaica (AMCHAM) United States (US) Regional Trade Agenda Breakfast Meeting at The Jamaica Pegasus hotel in New Kingston on June 22,Mr. Shaw said his mission is to satisfy the needs of local manufacturers who have been asking for more space to produce.“One of the things that I identified in Expo 2018 is a tremendous demand for factory space for processing, and I’ve decided to appropriate more of the properties held by Government to support the expansion of this particular sector,” Mr. Shaw said.The Minister pointed out that there are nine acres of land at the old Agricultural Marketing Corporation (AMC) complex on Spanish Town Road that was used for the packaging of exports and processing for local distribution, and he wants to develop the site into a modern agro-processing centre.Mr. Shaw argued that the location would be ideal, as it is only a few hundred feet from the port of Kingston.The Minister told the meeting that in recent times, there has been an increase in demand for factory space by local manufacturers, which he is willing to satisfy, as this will increase the nation’s gross domestic product (GDP) in the future.“Factory space is something everybody is crying out for, and in spite of the good work being done by the Factories Corporation of Jamaica, we’re short of space,” he said.Mr. Shaw said with new agro-processing centres in Jamaica, this will allow for more agricultural produce to be processed into new products and exported.“Processed food is clearly an area of potential [and] significant growth for Jamaica, and we must acknowledge the pioneering role of companies,” the Minister said.“We need to accelerate the processing of our local produce, because we’ve always been called a nation of samples and we need to graduate out of that and fast, because the global consumption patterns are changing and becoming highly sophisticated,” Mr. Shaw said.last_img read more

IMOs Emission Reduction Plan Makes Modest Progress

first_imgzoom The International Maritime Organisation’s (IMO) tentative step towards a plan to cut shipping’s climate emissions represents only ‘modest’ progress, Transport & Environment cited the Marshall Islands’ transport minister Mike Halferty.Earlier this month, countries meeting at the IMO’s environment committee agreed to ‘headings’ to be included in a strategy, which itself will be the first step of a broader plan to cut greenhouse gas emissions.The details of each section are to be decided at a meeting in October, and a draft strategy agreed by 2018. However, the strategy will not be finalised until 2023.The seven headings, or titles of each chapter of the strategy, cover the level of climate ambition and guiding principles for the shipping industry; possible measures for short, medium and long-term action; barriers to action, supportive measures and technical cooperation; and a plan for a review of the strategy.Shipping is one of the fastest growing sources of transport emissions and is projected to account for 17% of global emissions by 2050. But, despite the IMO being first tasked with addressing ship GHG emissions by the Kyoto Protocol some 20 years ago, shipping is the only industry in the world not subject to climate measures.“Disagreement over how to distribute efforts and the potential costs of measures remain the biggest obstacle to progress. On a positive note there was a strong delegation of Pacific Island nations. These countries, so vulnerable to climate change, are leading calls for an ambitious reduction target and urgent measures. In any case, as long as the IMO does not deliver a robust global deal to reduce shipping GHG, the inclusion of shipping in the EU ETS must remain on the table,” Bill Hemmings, T&E’s shipping director, said.Meanwhile, a proposal to bring forward the target of improving the efficiency of new ships’ designs could be decided on next year. The IMO is being called on to advance the 2025 target date to 2022 following evidence that the current design efficiency standard, known as the EEDI, is too relaxed to drive ship efficiency.“Making new ships more efficient saves both fuel and carbon emissions. It is a no brainer. But the current EEDI requirements are so weak that ships built in 2016 are actually becoming less efficient. If the IMO is serious about reducing shipping emissions the very first thing it should do is tighten the the EEDI requirements,” Faig Abbasov, T&E’s shipping officer, said.last_img read more

Ballast Free LNGCarrier Design Steals the Spotlight

first_imgzoom The industry is making a step forward in achieving ballast-free shipping and curbing the threat of the spread of invasive species carried in a ship’s ballast water.An estimated 10,000 marine species are transported around the world in ballast water every day, according to the figures from the U.S. National Oceanic and Atmospheric Administration (NOAA).As a result ballast water discharged from ships has been identified as one of the largest pathways for the introduction and spread of aquatic invasive species, which are a major threat to the ecological and economic well-being of the planet.Driven by the idea and the entrance into force of the Ballast Water Managment Convention (BWM), Dalian Shipbuilding Industry (DSIC) and GTT have unveiled a new ship design concept which doesn’t include ballast water tanks.The 30,000m³ B-FREE LNG carrier design has received approval in principle (AiP) from Lloyd’s Register (LR) in a ceremony at Marintec China on December 5.According to LR, the innovative design has several advantages over conventional designs (based on Type C cargo tanks and using ballast), combining environmentally-friendly features with increased efficiency as well as predicted lower build and operating costs.Savings in build cost are expected through the avoidance of fitting a ballast water treatment system (BWTS) and not having to comply with the Performance Standard for Protective Coatings (PSPC) for ballast tanks, ballast piping, pumps and values.Operational savings should be seen from no need to run and maintain a BWTS, ballast systems and maintain ballast tank coatings. Initial predictions also show lower fuel consumption compared to ‘standard’ designs as well as lower LNG boil-off due to the GTT membrane, compared to a Type C tank, LR said. “While we are still in the initial stage of the project and the design is subject to ongoing change, the initial results are indicating that we will meet our goal of having a ballast-free ship that is equal to, or better than existing conventional designs. “The cumulative improvements in operating costs coming from the combination of the various innovations and new ideas applied to the design are better than we anticipated, although we should be mindful that this is only the preliminary results phase and we need phase two to further refine and validate the design, we are hopeful this will result in more efficient small-scale LNG carriers,” Ma Yingbin, Vice Chief Engineer, DSIC, said.As explained by Yingbin, interest received from owners and operators so far has exceeded the companies’ expectations.David Colson, Commercial VP of GTT, said that the ballast-free was an old idea that GTT had in mind several years ago.“The good teamwork between the three parties in China enabled us to move forward with the design to this stage. The first results show that this ballast-free design has also introduced complimentary advantages such as a reduction in the number of cargo tanks, handling equipment, engine power, and more,” he added.last_img read more