World first partly wind-powered ship glides into Port of Newcastle

The world’s first partly wind-powered ship had a warm and wet welcome as it glided into the Port of Newcastle this morning. The Shofu Maru is the first-of-its-kind Japanese wind-powered bulk carrier using a telescoping hard sail that harnesses the wind to power and propels the ship. A telescopic hard sail is a huge, fixed-in-place

NYK developing onboard waste-to-energy solution

Nippon Yusen Kaisha (NYK) will work with LPG distributor Astomos Energy on a project to convert organic material onboard ships into fuel. The two Japanese companies are working with Sustainable Energy Development, a company NYK invested in two months ago, on the study which will aim to have installed an organic waste treatment system that

Envision and Toyota Tsusho China to partner for netzero transition

Envision, the global green tech partner for net zero, and Toyota Tsusho (China) Co., Ltd., one of the leading Japanese General Trading Houses in Toyota Motor Group, announced a strategic partnership in China to support the company and its clients’ net zero transition. Toyota Tsusho has committed to reducing its greenhouse gas (“GHG”) emissions by

Wintershall Dea teams up with HES Wilhelmshaven for CO2 hub scheme

European oil and gas firm Wintershall Dea has teamed up with HES Wilhelmshaven Tank Terminal to jointly develop a CO2 hub at Germany’s largest independent liquid bulk terminal in the Port of Wilhelmshaven. The project envisions capturing CO2 from German industrial sites and transporting the gas to the planned hub, dubbed CO2nnectNow, from which it

India Inc majors set to meet netzero targets

From investments in improving operational sustainability through higher efficiency and responsible sourcing of materials to enhancing disclosures, top Indian companies are raising their sustainability quotient, but a lot more effort is needed to meet the net-zero targets set for the country. Several Indian corporate houses have set decarbonisation targets internally to become carbon neutral by

Neste to add two dual-fuel product tankers to its fleet

Finnish oil refining and marketing company Neste has agreed to acquire two dual-fuel product tankers from Furetank Rederi for an undisclosed sum. The deal features the purchase of Fure Valö and Fure Ven vessels, which are part of the Vinga series. Furetank plans to replace these 17,999 deadweight tonnage (dwt) tankers with new buildings. When

Europe seeks African supplies to replace Russian gas

European leaders have been paying a lot of attention to natural gas projects in Africa. The interest comes at a time when European officials are trying to find new energy resources because of reduced natural gas flows from Russia. A new liquefied natural gas (LNG) project off Africa’s western coast has received visits from the

Climatiq raises €6 million to fuel net zero future

Berlin-based startup Climatiq has just raised €6 million to fuel the development and expansion of its climate intelligence platform. The climate tech innovators are powering net zero solutions by providing better oversight into the reality of carbon usage. United with a common mission of cooling the earth and pushing our planet to a more sustainable

Adani incorporates two new subsidiaries

Adani Green Energy announced that its wholly owned subsidiary, Adani Renewable Energy Holding Four has incorporated two new subsidiaries, Adani Renewable Energy Forty Four and Adani Renewable Energy Forty Eight. The company’s arm, Adani Renewable Energy Holding Four, has incorporated two new subsidiaries with an authorised and paid-up capital of Rs 1 lakh each. The

Wärtsilä to support integration of renewables into Japan’s power mix

The technology group Wärtsilä will supply the gas fuelled engines for a new 100 MW Japanese power plant. The fast-starting engines will provide the grid balancing and peaking capabilities needed as Japan increases its share of energy from renewable sources. This is one of the pioneering cases in Japan where a major power producer and