Government aims at 30% ethanol blending with petrol by 2030

The Indian Union government is reportedly targeting 30% ethanol blending with petrol by 2030 to reduce dependence on imported oil further while addressing environmental concerns. Ethanol, a byproduct of sugarcane processing, can be mixed with petrol, cutting down on fossil fuel consumption and reducing harmful carbon emissions. One of the primary biofuels, ethanol is naturally

Gasum selects Wärtsilä for another bioLNG project in Sweden

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply Nordic energy company Gasum with biogas upgrading and liquefaction solutions for their new bioLNG plant. The plant will produce high-quality bioLNG from agricultural and organic household waste. The order was booked by Wärtsilä in Q4 2024. When operational, the Wärtsilä offering will be capable of

V. secures full management contract with International Seaways

V., the global ship manager and marine services provider, has been awarded the full technical and crew management of six scrubber-fitted, dual-fuel (LNG) ready LR1 vessels by International Seaways, Inc. The contract further strengthens V.’s long-standing partnership with INSW in which V.Ships UK already manages 44 vessels in the INSW fleet, spanning VLCCs, Suezmax, Aframax,

MOL and Tokyo Gas to Install World’s Second Wind Challenger to New LNG Vessel

MOL; President & CEO: Takeshi Hashimoto today announced an agreement with Tokyo LNG Tanker Co., Ltd. TLT; President: Yumiko Yao; Headquarters: Minato-ku, Tokyo, a wholly owned subsidiary of Tokyo Gas Co., Ltd. President: Shinichi Sasayama; Headquarters: Minato-ku, Tokyo) to install two Wind Challenger wind-assisted ship propulsion systems developed by MOL and Oshima Shipbuilding Co., Ltd.

Azane Unveils New Subsidiary to Drive Ammonia Bunkering Development Oslo, Norway

Azane Fuel Solutions, a Norwegian company founded in 2021, is accelerating efforts to establish a full-scale ammonia fuel value chain for the maritime sector. With a focus on clean energy and zero-emission shipping, the company is developing both the technology and infrastructure needed to enable ammonia bunkering at ports. To support its growing operations, Azane

NYK Concludes Contract for a Dual-fuel Methanol VLCC for Idemitsu Tanker

NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) (hereafter, the “Vessel”) equipped with a main engine that can use methanol as a next-generation fuel. The vessel, which will feature a large shaft generator, will be constructed by Nippon Shipyard Co., Ltd. (Nippon Shipyard) and engaged in

Indian OMCs launch new biodiesel tender for FY 2025-26

India’s state-owned Oil Marketing Companies (OMCs) have initiated a fresh tendering process for biodiesel procurement, seeking approximately 200 million liters for the first quarter of the upcoming financial year starting April 2025.  The latest tender was announced last week by Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited

India approves legislation to boost oil and gas exploration

India has passed legislation intended to encourage oil and gas exploration to help meet its energy needs, a move that highlights the difficulty of persuading the world’s most populous nation to phase out fossil fuels. India’s dependence on imported crude oil has been rising due to increasing energy demand and lagging domestic production, with imports

HIF Global leads the way with first US e-Fuels route clearance

The “first” domestic clearance for an e-fuels pathway under the California Air Resource Board’s (CARB) “Low Carbon Fuel Standard (LCFS)” program has been given to e-fuels manufacturer HIF Global. As previously announced, the LCFS project, which aims to lower the carbon intensity (CI) of transportation fuels used in the Golden State, granted HIF Global the

Baltic Exchange introduces biofuel blends in latest expansion of its emissions calculator

Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications of this regulation on their voyage costs. Biodiesel, bio-LNG, bio-LPG, green methanol, green hydrogen and green ammonia have all been added to the calculator, either