Kuehne+Nagel takes a stand for environmental sustainability

Kuehne+Nagel in Muscat organised a beach cleaning initiative promoting awareness about the importance of maintaining clean and healthy marine ecosystem. Kuehne+Nagel employees volunteered to take part in Bandar Al Khairan beach cleaning initiative, aimed not only to physically clean the beach but also to raise awareness about the impact of plastic pollution, encourage responsible waste

MITSUI performs world-first hydrogen test

MAN Energy Solutions’ licensee, MITSUI E&S Co. Ltd., has announced that it has successfully tested a 50-bore MAN B&W two-stroke engine up to 100% load at its Tamano facility while running on hydrogen, a world-first for the maritime industry. In collaboration with MAN Energy Solutions, MITSUI converted one of the four cylinders of an MAN

GCMD releases white paper on maritime EET retrofits

The Global Centre for Maritime Decarbonisation (GCMD) released its latest whitepaper on maritime energy efficiency technologies (EET) retrofits. According to GCMD, commercial barriers that are a result of business-as-usual operations in the industry are limiting the scaling of energy efficiency technologies in shipping. It explored the data-financing gap that is plaguing EET adoption and how

OPEC expects share of Indian oil imports to rise again

OPEC is set to win a bigger share of India’s oil imports in coming decades due to the proximity of its supplies, the producer group’s head said, after its dominance was recently eroded by competition from discounted Russian oil. The share of oil from the Organization of the Petroleum Exporting Countries (OPEC) imported by India

Torrent Power to supply gas for peak summer

Private-sector Torrent Power is set to supply electricity from a gas-fired power plant to a unit of state-owned NTPC to meet peak power demand during summer, which will boost use of imported LNG. Torrent won a competitive bid to supply a minimum of 388mn KWh from a contracted capacity of 770MW, as per the agreement

PM virtually inaugurates seawater-to-green hydrogen project

Prime Minister Narendra Modi virtually inaugurated the foundation stone for the Seawater to Green Hydrogen plant at NTPC Simhadri, marking a significant milestone in India’s journey towards clean energy. This pilot project, initiated by NTPC NETRA (NTPC Energy Technology Research Alliance), aims to explore the feasibility of producing green hydrogen directly from seawater. This pioneering

Trafigura to acquire biofuels producer Greenergy

Commodities trader Trafigura Group Pte Ltd announced a deal to acquire the European business of Greenergy, a British supplier of road fuels and producer of biodiesel. Trafigura is buying the business from Brookfield Asset Management and its affiliate Brookfield Business Partners. The parties did not disclose the value of the deal. Founded in 1992, Greenergy

LanzaTech introduces Tech to capture carbon

Synthetic biology and engineering company LanzaTech commercialized a technology that captures carbon from steel mills and ferril alloy mills before it is released into the atmosphere; it is then transformed into raw materials that are used in products traditionally derived from petroleum. Plants get a new revenue stream through the sale of ethanol made from

Indian Register of Shipping partners GRSE for green energy vessels

Indian Register of Shipping (IRS), a leading international classification society, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Garden Reach Shipbuilders & Engineers Limited (GRSE) on 2 nd March 2024. The partnership marks a significant step towards fostering innovation and sustainability in the maritime industry. The MOU was signed

Government revises list of electrolyser subsidy winners

The Indian government has revised its list of winners for the first auction for electrolyser manufacturing subsidies, originally announced in January, after steelmaker Jindal — which had won incentives for 300MW of annual manufacturing capacity — dropped out of the process. This left 300MW per year of manufacturing capacity, with a maximum incentive of 4.44