Power Minister discusses pathways to accelerate use of green hydrogen

The Union Minister for Power and New and Renewable Energy R K Singh chaired a meeting of government and industry stakeholders of the iron and steel sector in New Delhi on January 24, 2024, in order to discuss the pilot projects under the National Green Hydrogen Mission in the sector. Officials of Ministry of New

LG Chem and Enilive to work together for biorefinery project

LG Chem and Enilive have taken a substantial stride towards the final investment decision for their groundbreaking biorefinery project in South Korea. The crucial joint venture agreement, sealing this commitment, was formally signed in Rome by Claudio Descalzi, the CEO of Eni, and Shin Hak-cheol, the CEO of LG Chem. This strategic collaboration had its

RINA, Gas and Heat to work together for ammonia bunker vessel

Italian classification society RINA is embarking on an innovative collaboration with Gas and Heat, a fellow Italian company specializing in cargo handling systems, to develop a cutting-edge cargo and fuel gas system for an ammonia-fuelled bunker vessel. This strategic partnership leverages Gas and Heat’s expertise in designing and constructing cargo handling systems, with a focus

Flying Tiger Copenhagen to use Maersk’s ECO delivery

Maersk has announced that Flying Tiger Copenhagen will be utilizing its ECO Delivery solution to transport its entire ocean freight volume from 2024 onwards. With ECO Delivery, Maersk customers, including Flying Tiger Copenhagen, can manage ocean transports using certified green fuels like second-generation biofuel derived from waste feedstocks.  By leveraging Maersk’s ECO Delivery solution, the

Wisdom Lines to invest $80 million for bulk carriers

Taiwanese shipping company Wisdom Lines is starting 2024 with a $80 million investment in two 84,000 dwt bulk carriers. The company revealed that its Board of Directors approved the purchase of the vessels, which are set to be constructed by Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the Chinese base of Japan’s Tsunesihi Shipbuilding. Wisdom

Praj Industries commences jet fuel production from alcohol

Industrial biotechnology company Praj Industries has started the first pilot project in the country to make aviation turbine fuel from alcohol. The company’s research and development unit in Pirangut near Pune will produce sustainable aviation fuel (SAF). Union minister of petroleum and natural gas Hardeep Singh Puri inaugurated the SAF pilot project on January 20.

ACME, IHI sign pact to supply green ammonia from India to Japan

ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, signed an offtake term sheet for supply of green ammonia from Odisha, India to Japan. The term sheet was signed by Founder and Chairman of Acme Group, Manoj Upadhyay and President and CEO of IHI Corporation, Hiroshi

ONGC gets nod for green energy subsidiary

The Petroleum and Natural Gas Ministry has approved the formation of a subsidiary company of Oil and Natural Gas Corporation Limited (ONGC) for green energy and gas business. The company will engage in businesses related to green hydrogen, hydrogen blending, renewable energy solar, wind and hybrid etc., biofuels, biogas business and LNG. This was informed

Chemfleet adds 3 ships to Berg energy efficiency upgrade

Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda has yielded fuel savings of around 10%. Trials following the installation of Berg MPC800M control system onboard the 12,933 dwt IMO II chemical tanker have persuaded Chemfleet to upgrade three additional 6,970 dwt sisterships, in

Agreement renewal marks Wärtsilä’s long-term relationship with mining company

Technology group Wärtsilä has signed a second renewal of its Guaranteed Asset Performance (GAP) agreement with Indonesian state-owned mining company PT Aneka Tambang (Antam). Wärtsilä has had a full Operation and Maintenance agreement with Antam since the power plant’s commissioning in 2005, and a GAP agreement since 2017. This latest agreement renewal order was booked