MOL and Tokyo Gas to Install World’s Second Wind Challenger to New LNG Vessel

MOL; President & CEO: Takeshi Hashimoto today announced an agreement with Tokyo LNG Tanker Co., Ltd. TLT; President: Yumiko Yao; Headquarters: Minato-ku, Tokyo, a wholly owned subsidiary of Tokyo Gas Co., Ltd. President: Shinichi Sasayama; Headquarters: Minato-ku, Tokyo) to install two Wind Challenger wind-assisted ship propulsion systems developed by MOL and Oshima Shipbuilding Co., Ltd.

Azane Unveils New Subsidiary to Drive Ammonia Bunkering Development Oslo, Norway

Azane Fuel Solutions, a Norwegian company founded in 2021, is accelerating efforts to establish a full-scale ammonia fuel value chain for the maritime sector. With a focus on clean energy and zero-emission shipping, the company is developing both the technology and infrastructure needed to enable ammonia bunkering at ports. To support its growing operations, Azane

NYK Concludes Contract for a Dual-fuel Methanol VLCC for Idemitsu Tanker

NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) (hereafter, the “Vessel”) equipped with a main engine that can use methanol as a next-generation fuel. The vessel, which will feature a large shaft generator, will be constructed by Nippon Shipyard Co., Ltd. (Nippon Shipyard) and engaged in

Indian OMCs launch new biodiesel tender for FY 2025-26

India’s state-owned Oil Marketing Companies (OMCs) have initiated a fresh tendering process for biodiesel procurement, seeking approximately 200 million liters for the first quarter of the upcoming financial year starting April 2025.  The latest tender was announced last week by Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited

India approves legislation to boost oil and gas exploration

India has passed legislation intended to encourage oil and gas exploration to help meet its energy needs, a move that highlights the difficulty of persuading the world’s most populous nation to phase out fossil fuels. India’s dependence on imported crude oil has been rising due to increasing energy demand and lagging domestic production, with imports

HIF Global leads the way with first US e-Fuels route clearance

The “first” domestic clearance for an e-fuels pathway under the California Air Resource Board’s (CARB) “Low Carbon Fuel Standard (LCFS)” program has been given to e-fuels manufacturer HIF Global. As previously announced, the LCFS project, which aims to lower the carbon intensity (CI) of transportation fuels used in the Golden State, granted HIF Global the

Baltic Exchange introduces biofuel blends in latest expansion of its emissions calculator

Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications of this regulation on their voyage costs. Biodiesel, bio-LNG, bio-LPG, green methanol, green hydrogen and green ammonia have all been added to the calculator, either

COSCO SHIPPING sets new record for biofuel bunkering

COSCO SHIPPING has established a new record for biofuel bunkering, with its vessels COSCO ASIA and NEW LOS ANGELES refueling with B24 marine biofuel oil. COSCO ASIA took on 2,400 tons at the Xiamen Ocean Gate Container Terminal, setting a new single-refueling record for Fujian Port, while NEW LOS ANGELES refueled with 5,400 tons at

India cut 557 lakh metric tonnes of carbon dioxide emissions through ethanol blending

Over the past 10 years, ethanol blending in petrol has led to a reduction of 557 lakh metric tonnes of CO₂ emissions. The “Pradhan Mantri G-One Yojana” has also been introduced to further support clean energy initiatives,” said Minister of State for Petroleum and Natural Gas, Suresh Gopi, in response to MP Madan Rathore’s query

Vopak Horizon Fujairah achieves milestone with completion of biofuel operations in UAE

Vopak Horizon Fujairah Limited successfully completed the company’s first ISCC Certified bio-bunkering supply operations in the UAE, supporting the country’s net-zero by 2050 strategy.This marks a significant milestone in advancing the maritime industry’s decarbonisation journey by fostering more sustainable fuel bunkering supply chain solutions. The success of this biofuel bunkering is driven by the solid