Japanese companies completed trial on liquefied bio-methane

The vessel Ise Mirai was jointly built by MOL Coastal Shipping, Techno Chubu, and Kyoudou Kaiun, and was delivered in December 2020. It is the first LNG-fueled ocean cargo vessel in Japan.

ExxonMobil and Evergreen completed marine biofuel oil bunkering

ExxonMobil and Evergreen Line have successfully completed a commercial marine biofuel oil bunkering in the Port of Singapore. Evergreen Line’s vessel, Ever Ulysses, received ExxonMobil’s marine biofuel oil blend via a ship-to-ship (STS) transfer in Singapore waters before heading to the discharge port. The resulting blend reportedly meets the International Organization for Standardization (ISO) fuel

Heidelberg Materials join hands with Volvo to reduce carbon emissions

The aim is to jointly investigate and develop how the loading and hauling needs of Heidelberg Materials can be solved with the help of electrified vehicles and related services.

Subsidies worsening climate change, says World Bank

The World Bank has called on countries to use the money they spend on subsidising fossil fuels, agriculture, and fisheries to fight climate change instead

Energy transition to curb oil demand growth

Global oil demand will grow by 2.4 million barrels per day (bpd) in 2023 to a record 102.3 million bpd, the IEA said in its monthly report.

Navigator partners with Bumi Armada for CO2 shipping solution

Called the Bluestreak CO2 Joint Venture, the company will be equally owned by Navigator and Bumi Armada, and target emitters with no access to pipeline infrastructure, to effectively manage their CO2 emissions

DeCarTrans produces synthetic fuel for transport sector

The consortium of research and industry plans to produce a total of 380,000 liters of green fuel (e-fuel) over the course of the next four years.

USEPA sets biofuel blending volumes

It’s worth noting that the finalized volumes include 15 billion gallons of conventional biofuels, such as corn-based ethanol, in 2023, 2024, and 2025.

Trees growing faster, but absorbing less carbon dioxide

Studies have even confirmed that fast-growing trees are often associated with shorter life expectancies.

J. Lauritzen orders another dual fuel bulker

The vessel will be capable of operating with zero carbon emissions when powered by green methanol and biodiesel. All three vessels will be built by Tsuneishi Shipbuilding.