Goldman warns of a possible increase in the price of Asia LNG

If the supply of gas in Europe tightens this winter, liquefied natural gas prices in Asia might rise to more than $20 per million British thermal units (mmBtu), according to Goldman Sachs report. According to Goldman Sachs, Europe and Asia will have less access to LNG next year than anticipated due to delays in the

 Trials of India’s first hydrogen train will start between Jind and Sonipat stations

At the sixth InnoRail Exhibition and Conference, which was held at the RDSO stadium in Lucknow, a toy model of India’s first hydrogen train—created by the Research Designs and Standards Organization (RDSO) in Lucknow—attracted attention. The nation’s first hydrogen-powered train is scheduled to make its trial run between the railway stations of Jind and Sonipat

HSBC India and IIT Bombay start a green hydrogen initiative

From applications submitted by six IITs, the National Institute of Technology (NIT), and the Indian Institute of Science, Education, and Research (IISER), the IIT Bombay and HSBC India Green Hydrogen Programme has selected six creative projects for further consideration. In line with India’s National Green Hydrogen Mission, the project aims to advance green hydrogen technology

Granules India secures SBTi validation for net-zero climate strategy

Granules India Limited has achieved a significant milestone in corporate sustainability, receiving validation from the Science Based Targets initiative (SBTi) for its comprehensive climate action plan, the company announced. Using FY2023 as a baseline, the pharmaceutical business has committed to aggressive goals for reducing greenhouse gas (GHG) emissions, including a 42% decrease in absolute Scope

ADNOC, Jiangnan Shipyard, and DNV celebrate delivery of first large-scale Mark III Flex LNG Carrier

The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification society DNV, celebrated the naming and delivery ceremony of China’s first large-scale Mark III Flex membrane LNG carrier, the 175,000 cbm, Al Shelila. The first of a six-vessel series, this landmark delivery is one of the most innovative vessels ever constructed

Pacific Basin Shipping orders 4 dual-fuel low-emission vessels

After working with Nihon Shipyard Co. and Mitsui & Co. for two and a half years, Pacific Basin Shipping announced that it has placed an order for four 64,000 dwt dual-fuel low-emission vessels (LEVs) that can run on fuel oil and green methanol. As previously stated, two of the ships are contracted with Mitsui &

Rotterdam-Singapore GDSC conducts sustainability certification for bio-methane bunkering

The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) partners have conducted a successful pilot for the bunkering of mass-balanced liquefied bio-methane (LBM) at the Port of Rotterdam (PoR) on 19 October 2024. A total of 100 tonnes of mass-balanced LBM was supplied by Shell to CMA CGM’s liquefied natural gas-powered containership CMA CGM TIVOLI. Produced

Blue water extends partnership with Oldendorff Carriers

Blue Water Trade Winds Pvt. Ltd., the owner of the revolutionary BOSS (Blue Water Optimum Speed Services) platform, announced the extension of its strategic partnership with Oldendorff Carriers (Oldendorff), one of the world’s largest dry bulk shipping companies. This collaboration reaffirms a successful alliance that has transformed maritime operations, with the BOSS platform at the

Integrated package of Wärtsilä solutions selected to drive efficiency and lower emissions

Technology group Wärtsilä will supply an integrated propulsion package for a new vessel being built for U.K. based tanker owner and operator, Pritchard-Gordon Tankers Ltd. (PGT). The integrated package includes the high-performance and fuel flexible Wärtsilä 32 main engine. This order is the third in a series of three such vessels, all with a similar Wärtsilä

Senior maritime law enforcement and regulatory officers gather in Incheon

The ReCAAP Information Sharing Centre (ISC), with the support of the Republic of Korea Ministry of Oceans and Fisheries, also the focal point for the Republic of Korea, concluded a five-day capacity-building Building Senior Officers’ Meeting (CBSOM) in Incheon, South Korea. Senior officers of maritime law enforcement and regulatory agencies from 16 ReCAAP focal points/contact