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Starting in summer 2023, Azimut|Benetti Group will introduce HVOlution to replace the fossil-based fuel currently used by the Azimut and Benetti brands for the technical testing of new yachts, sea trials and prototype model handling
Moving from unsustainable fossil fuels to renewable energy sources is the only way to repair and protect our planet. Hydrogen represents a great opportunity in the transition to renewable energy. It is estimated that hydrogen production capacity may to reach 4.5 million tons per annum (mtpa) worldwide by the end of 2023.
The carbon removal company, recently spun out from the UCLA Samueli School of Engineering’s Institute for Carbon Management, believes it has stolen a march on competitors through its dual-use technology, which can address legacy and future emissions in a single process.
Bunker One said the 3,500-ton capacity NORE will serve as a multi-fuel bunker tanker, able to store different products among her tank pairs. The vessel is the fourth bunker tanker in Bunker One Sweden’s fleet.
Green hydrogen, which is made with renewable energy, is typically produced with electrolyzers that break down water molecules into hydrogen and oxygen.
In response to the maritime net zero carbon emission target by 2050, Yang Ming is continuously building a green and energy-saving fleet.
These vessels, with a capacity of 16,000 DWT, will be powered by methanol, making them environmentally friendly and paving the way for sustainable shipping solutions, accoridng to the company.
The company announced that it has formed a consortium with a total of 14 European academia-industry institutions, including the American Bureau of Shipping (ABS) and the Dresden University of Technology, and will begin joint development of large-scale liquid hydrogen cargo tank technology starting next month.
Grieg Maritime Group said the 225 m long newbuilds will dwarf the 50,800 dwt L-class, previously the latest and largest vessels in its fleet.
The easing of US sanctions has seen nearly a quarter of Venezuelan crude head to the US in the first four months of 2023 in a dramatic shift for tanker trading patterns in the western hemisphere.
