Fujairah marine fuel sales hit six-month low in May

Marine fuel sales at the United Arab Emirates’ Fujairah fell to a six-month low in May, latest data showed, as tighter inventories capped uptake while lower prices at neighbouring port Khor Fakkan also drew some demand away, trade. May bunker volumes at the world’s third largest bunkering port, excluding lubricants, totalled 615,462 cubic metres (about

LR releases 3rd alternative fuels report

In the third report in its “Fuel for thought” alternative fuels series Lloyd’s Register evaluates Liquefied Petroleum Gas (LPG). LR explores the current state of LPG as a fuel for shipping, the classification society said in its media release. LR says that LPG is already a widely available fossil fuel that offers emissions benefits compared

CMET to supply WindWings for Union Maritime tanker duo

CM Energy Tech (CMET) has been contracted to manufacture WindWings for Union Maritime’s two new LNG dual-fuel long range 2 (LR2) tankers to be built at Jiangsu New Yangzi Shipbuilding. The two vessels, designed by Marine Design & Research Institute of China (MARIC) will each feature two WindWings, a wind propulsion technology developed by UK

Wärtsilä launches world’s first large-scale 100% hydrogen-ready engine power plant

Technology group Wärtsilä has today launched the world’s first large-scale 100% hydrogen-ready engine power plant, to enable the net-zero power systems of tomorrow. The IEA World Energy Outlook 20231 shows that hydrogen is an essential component of our future power systems. According to the report, the pathway to reach net zero emissions by 2050 requires

SRC and GREEN MARINE join forces to bring Methanol Superstorage to market

 SRC Group and GREEN MARINE have signed a collaborative agreement which brings two of the strongest advocates of methanol as a marine fuel together to develop and deliver Methanol Superstorage to market. The cooperation aims to realise benefits available to SRC’s Methanol Superstorage solution, which has been turning heads among owners, builders, repairers, class societies

GCMD sheds light on role of FAME biofuel in maritime operations

The Global Center for Maritime Decarbonization (GCMD) has published a report which sheds light on the quality of Fatty Acid Methyl Esters (FAME) biofuel and FAME blends. As part of GCMD’s initiative to develop an assurance framework for drop-in green fuels, the “Tracking the propensity of biofuels degradation across the maritime supply chain” paper presents

Port of Antwerp-Bruges becomes part of green shipping corridor

Port of Gothenburg, North Sea Port, and DFDS have welcomed the Port of Antwerp-Bruges to the green shipping corridor, bolstering green ambitions of the project. By 2030, two DFDS ammonia-fueled roll-on/roll-off (RoRo) vessels are expected to operate on the routes between Sweden and Belgium, and the ports will step up efforts on electrification and ammonia

Shell to acquire Pavilion Energy

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has reached an agreement with Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy Pte. Ltd. Pavilion Energy includes a global liquefied natural gas (LNG) trading business with a contracted supply volume comprising about 6.5

IIT Kanpur, NSI Kanpur agree to establish CoE for biofuels

The Indian Institute of Technology Kanpur (IITK) and the National Sugar Institute, Kanpur (NSI Kanpur) have formalized a partnership by signing a Memorandum of Understanding (MoU) to establish a Centre of Excellence for Biofuels. The signing event, held on June 15, 2024, at NSI Kanpur, was attended by notable dignitaries, including Ashwini Srivastava, Joint Secretary

Essar to invest Rs 30,000 cr in green hydrogen plant

Essar Group is set to make a significant stride in clean energy with a Rs 30,000 crore investment in a green hydrogen plant at Jamnagar, Gujarat. This ambitious project, to be developed over the next four years, marks the conglomerate’s commitment to green energy as a cornerstone of its growth strategy. The initiative includes decarbonizing