Oslo’s decarbonization journey

The fight against climate change has had an active demand; Decarbonization, or reducing carbon emissions from human activity. The increase in global temperatures threatens the world. This is mostly caused by the accumulation of greenhouse gases in the atmosphere. Decarbonization is imperative because it is the only way to slow down or reverse this trend,

MOL and Mitsubishi Gas agree on charter deal

Mitsui O.S.K. Lines (MOL) has signed a basic agreement with compatriot Mitsubishi Gas Chemical Company for a long-term charter of a dual-fuel methanol carrier. Since MOL delivered Japan’s first methanol carrier, the Kohzan Maru (first generation), to Mitsubishi Gas Chemical in 1983, the two companies have built a partnership centered on the ocean transport of

India govt likely to slash FAME 2 subsidy

The government of India is likely to reduce the subsidy offered on electric vehicles under the FAME 2 scheme. According to media reports, the Ministry of Heavy Industries has proposed a new formula to calculate the subsidy for EVs, which could see the existing subsidy of Rs 15,000 per kW reduced to Rs 10,000 per

Japanese manufacturers to co-develop hydrogen engines

Kawasaki Motors Ltd., Suzuki Motor Corporation, Honda Motor Co. and Yamaha Motor Co. have made a major announcement regarding the development of hydrogen-powered engines for small mobility. Japan’s Ministry of Economic Trade and Industry (METI) has approved the four manufacturers to set up a joint technological research association to co-develop hydrogen-powered engines for ‘small mobility’.

Komatsu develops hydrogen fuel cell excavator

Komatsu has developed a concept machine for a medium-sized hydraulic excavator that combines a hydrogen fuel cell and Komatsu-developed key components. By advancing the PoC (Proof of Concept) tests it started in May 2023, Komatsu says it will accelerate its efforts to embark on the commercial production of medium-sized and large construction equipment powered by

Toyota working with carbon-neutral fuels

Toyota has announced that it is now tinkering with carbon-neutral fuels and hydrogen internal combustion engines (ICEs) in motorsport as a case study. At a recent roundtable media event, Toyota divulged its multi-pathway approach to reducing its carbon footprint. This New Global and Regional Direction is summarized by a few key points, the first of

Yang Ming to obtain LNG dual-fuel ships

Yang Ming Marine Transport Corporation approved the procurement of LNG dual-fuel container vessels. In line with Yang Ming’s global fleet deployment plan and the goal towards net-zero emission, the firm said the board meeting approved proceeding subsequent procurement procedures of five LNG dual-fuel container vessels, following the public and transparent international bid evaluation process. Tags:

Future job creation will come from green investments

The Future of Jobs Report 2023, by the World Economic Forum, did strike a warning note saying that 26 million jobs will be wiped out globally by 2027. However, a macrotrend listed in the report deserves attention. According to the report, businesses expect that the greatest net job creation impact will come from investments that

Poppys Biotech to produce ethanol

Poppys Biotech, a company of Tiruppur-based knitwear exporter Poppys Group, is planning to set up a distillery unit to produce ethanol with capacity of 200 klpd at SIPCOT Industrial Park, Cheyyar in Tiruvannamalai district of Tamil Nadu. The proposed unit will spread over 16.79 acres of land parcel. The project also comprises the installation of

Inox Air plans to foray into green hydrogen business

Inox Air Products Ltd, India’s largest manufacturer of industrial and medical gases, plans to tap the equity market to finance an expansion into green hydrogen. India has announced a National Green Hydrogen Mission to create 5 million tonnes of capacity by 2030, as it aims to become a world leader in green hydrogen. Inox Air