India will show new path on biofuel through GBA: Puri

India will show the world a new path on biofuels through Global Biofuels Alliance (GBA), stated Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs. Expressing his views through a series of posts on social media platform ‘X’ the Minister noted that following the mantra of ‘Vasudhaiva Kutumbakam’, this effort

India-Middle East-Europe Economic Corridor to help Adani

One of the significant agreements on the sidelines of the G-20 summit is the India-Middle East-Europe Economic Corridor, which is seen as a rival to China’s Belt and Road initiative and is expected to provide an alternative route for shipments to Europe. The plan will benefit the Adani group, which has already paid $1.2 billion

Bibby Marine and consortium bags funds from ZEVI

Bibby Marine and consortium partners have been awarded over £20m ($25m) in funding from the UK Government’s Zero Emission Vessel Infrastructure (ZEVI) competition for the construction of the world’s first zero-emission electric service operation vessel (eSOV). The consortium, which also includes the Port of Aberdeen, Offshore Renewable Energy (ORE) Catapult, Kongsberg, DNV, Shell and Liverpool

LR gives AiP to LNT Marine LNG system

U.K.’s classification society Lloyd’s Register (LR) has awarded approval in principle (AiP) to Norwegian technology provider LNT Marine for its LNT A-BOX cargo containment system for medium to large-scale LNG carriers and the LNG Fuel-BOX fuel tank system. LNT Marine said the LNT A-BOX cargo containment system for medium to large-scale LNG carriers makes building

G2 Ocean adds two ammonia-ready vessels

G2 Ocean is expanding carrying capacity by adding two more ammonia-ready 82,300 dwt Open Hatch vessels to its fleet. CSSC Huangpu Wenchong Longxue will build the vessels which will be delivered in 2026. According to the company, following its commitment to only purchase newbuilt vessels with zero-emission technology, Grieg signed a contract in May 2023

Solaris bags order for 130 hydrogen fuel cell buses

Polish bus maker Solaris has bagged record order for 130 hydrogen-powered buses from the municipal public transport operator TPER in the city of Bologna in Italy. The company says the bus operator has the option to extend the the order by an additional 140 vehicles. One of the largest projects of hydrogen public mobility in

DFC approves $425 mn for Tata Power project

The US International Development Finance Corporation has approved a financial aid of up to $425 million (Rs 3,521 crore) to Tata Power Renewable Energy Ltd for setting up a 4.3 GW solar cell in Tamil Nadu by its subsidiary. The plant’s first module production is expected by year-end and the first cell production is expected

Swire Shipping releases its Sustainability Report 2022

Swire Shipping, a leading provider of sustainable and innovative shipping and logistics solutions, has published its Sustainability Report, which details its goals and achievements in the areas of sustainability and decarbonisation for the calendar year 2022. The Company’s sustainability strategy provides the framework and structure to ensure that it meets its sustainability commitments across Environmental,

Econowind scales up with support from NOM and Horizon Flevoland

Using the power of the wind, ocean-going vessels can sail more efficiently. Dutch company Econowind builds ‘VentoFoils’ in Zeewolde and Warten. These sails enable ship owners to reduce fuel consumption by up to 30%. This contributes to making the shipping industry more sustainable. The Investment and Development Agency for the Northern Netherlands (NOM) and Horizon

Carbon capture, new fuels, energy efficiency are path to netzero

Carbon capture, energy efficiency and green fuels are the roadmap to net zero by 2050. That’s the pathway outlined by the 2023 Outlook, Beyond the Horizon: View of the Emerging Value Chains, the latest industry-leading research from ABS into shipping’s progress on the green energy transition. Released at the ABS Sustainability Summit during London International