What to Expect for Alt Fuels in 2022

Emissions reduction pressure and sustainability goals will continue to mount as more fleets, consumers seek to reduce carbon footprint. As many of us do around this time of year, I’ve been reflecting on 2021 and thinking about what may happen in 2022. When it comes to alternative fuels, there’s a lot to consider. So here

Sumitomo Plans Ammonia Launch by 2025 for Bulker and Singapore Bunkers

Japan’s Sumitomo Corporation announced several new initiatives designed to further support the adoption of ammonia for maritime and other industries. The company plans to launch an ammonia-fueled dry bulk vessel within the next four years. They also plan to accelerate development efforts in Singapore through a partnership with Keppel FELS, a subsidiary of Keppel Offshore

All vehicles will soon be able to run on ethanol, says Nitin Gadkari

Union Minister of Road Transport and Highways Nitin Gadkari has said that all vehicles will soon be able to run on ethanol and there will be more ethanol pumps in the country in future. While speaking at an event, the minister said that since petrol costs more than bio-ethanol, public will be able to save

NYK seals long-term LNG carrier charter with GAIL

Japan’s NYK has signed a multi-year time-charter contract with GAIL (India) for 2021-built 174,000 cm LNG carrier Grace Emilia. The vessel is equipped with a WinGD dual-fuel slow-speed diesel engine and can operate on marine gas oil or boil off gas stored in the cargo tank. “NYK had been in discussions with GAIL for time-charter

China’s CNOOC supplies first carbon neutral LNG to Hong Kong

China National Offshore Oil Corp will supply carbon neutral LNG for the first time to Hong Kong, the state-owned oil and gas major said on its social media account late Dec. 20. CNOOC said it received a 65,000 mt carbon neutral LNG cargo on board the vessel “Magnolia” at the Guangdong Dapeng LNG terminal in

FirstBio2Shipping project awarded funding for a bio-LNG production plant

Attero, Titan LNG and Nordsol, all based in The Netherlands, have joined forces in the FirstBio2Shipping project, designed to help decarbonise maritime transport through scalable and decentralized production of bio-LNG, which originates from organic waste flows, particularly domestic and agricultural waste. The project has received funding of €4.3m ($4.85m) from the EU through its Fit

India set to be third-largest ethanol market by 2026

India is set to become the third-largest market for ethanol in the world after the US and Brazil by 2026, a recent report by the International Energy Agency (IEA) said, adding that the country has tripled ethanol demand to an estimated 3 billion litres between 2017 and 2021. Buoyed by India’s growing appetite, Asia is

Hapag-Lloyd to assess performance of LNG retrofit

German container liner Hapag-Lloyd will monitor the performances of a vessel it retrofitted to run on LNG, before deciding on any further conversions. The 15,000 twenty-foot equivalent unit Brussels Express was converted to run on LNG earlier this year in Shanghai’s Huarun Dadong shipyard. The containership was formerly known as the Sajir. Hapag-Lloyd told Argus

Brazilian ethanol price drivers to remain volatile in 2022

Sugar’s strong price premium over ethanol, volatility in the Brazilian real/US dollar exchange rate, and unknown changes in the Petrobras ex-refinery gasoline price will remain key drivers for Center-South ethanol prices in 2022. Sugar premium over ethanol “Although the 2022-23 crop should witness a slightly higher sugar mix at 46.2 per cent compared to 45.2

Methanol may give boost to agenda on Hydrogen adoption

In what may push the agenda to promote the adoption of hydrogen as an alternative fuel and help the country meet the carbon emission targets under the latest COP26 agreement, experts have found a way to reduce the overall cost of hydrogen production and transportation by more than half. Methanol, used as a clean fuel