GHG emissions reached record high, study finds

World leaders will be confronted with the new data at the critical COP28 climate summit later this year in Dubai, where a “Global Stocktake” at the United Nations talks will assess progress towards the 2015 Paris Agreement’s temperature goals

Alfa Laval to deliver the methanol-fired steam boiler

It will be the first time a methanol boiler has been installed onboard a ship, and Alfa Laval has secured significant orders for the new boiler including for container ships, tankers and cruise ships. Deliveries of the methanol boilers are scheduled to commence in late 2023.

Bassoe Technology’s 17 MW D-Floater floating wind foundation receives DNV approval

DNV has awarded Bassoe Technology an Approval in Principle (AiP) for a 17 MW D-Floater floating wind foundation designed to withstand extreme 50-year typhoon condition in South China Sea.

Aluminium will speedup journey to net zero

According to a 2017 World Bank report, ‘The Growing Role of Minerals and Metals for a Low Carbon Future’, aluminium is one among a select group of metals that will lead the global transition to a low-carbon future.

Carbon dioxide levels hit new record

Carbon dioxide is the most common among greenhouse gases responsible for causing global warming that is leading to climate change.

Avance Gas orders two newbuilds from CIMC

The ships will have a cargo capacity of 40,000 cu m and scheduled delivery is during the fourth quarter 2025 and the first quarter of 2026. Contract price for the newbuildings is $61.5m per vessel.

OXCCU raises funding to transform CO2 into SAF

OXCCU, a leading carbon-to-value company converting carbon dioxide and hydrogen into industrial and consumer products, has completed a €20.6 million Series A financing to commercialize cost-effective sustainable aviation fuel (SAF).

Plug Power, Energy Vault to build largest hydrogen fuel cell installation

Energy Vault (NRGV) typically has rented mobile diesel generators to provide backup power in Calistoga during Public Safety Power Shutoff events, but Plug (PLUG) said its PEM fuel cells will be able to provide cleaner, more operationally flexible, and more cost-effective power to the microgrid.

LR award AiP to PureMetricsTM emission monitoring and reporting system

 Methane slip, where unburned fuel is not fully combusted in engines, represents a significant obstacle for cutting climate emissions with a global warming potential (GWP100) 28 times that of CO2.

MHI inks MoU with TNB Genco on clean energy technologies

Under the MoU, MHI with support from its power solutions brand, Mitsubishi Power, and TNB Genco will conduct studies that examine three key areas related to clean power generation