BHP to receive first ammonia-fuelled bulk carrier in 2026

BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company’s plans to cut shipping emissions. The global mining giant has shortlisted eight companies for the building, operation and fuel supply for at least one such vessel, Rashpal Singh Bhatti, vice president of maritime and supply chain excellence at

Marine fuel oil exports from China plunge 32%

China’s exports of marine fuel oil fell 32 percent in March 2024 from the same month a year earlier, reaching 1.32 million metric tons, according to recent data from the General Administration of Customs. Industry sources attributed the stronger export volumes to lower bunker prices at key Chinese ports like Zhoushan and Shanghai, compared to

IBA partners with HAI to promote hydrogen

The Indian Biogas Association (IBA) and the Hydrogen Association of India (HAI) have forged an alliance to champion hydrogen as a bio-derived energy solution in the country’s energy sector. Their collaboration aims to propel the adoption of green and blue hydrogen, prioritizing sustainable energy projects and advocating for supportive policies. Anticipated to spur substantial market expansion, the partnership is poised to catalyze the

Undergraduates develop hydrogen-powered engine

A group of undergraduate students has built and successfully operated a hydrogen-fueled internal combustion engine. Engineering students at the University of Bath switched on their single-cylinder engine for the first time in March, and it worked seamlessly. Their work stands out because despite significant efforts by major automotive manufacturers to advance the technology, hydrogen-powered internal

SBTi issues clarification on carbon offsetting

The Board of the Science-Based Targets initiative (SBTi) has issued a “clarification” after a surprise announcement on carbon offsetting, which appeared to breach the body’s own decision-making procedures. This clarification highlights that no change had been made to SBTi frameworks and that proper procedures will be followed to establish any inclusion of environmental attribute certificates

Neste, Air New Zealand sign agreement for SAF

Neste and Air New Zealand have signed an agreement for the supply of nine million litres (around 7,200 tons) of neat Neste MY Sustainable Aviation Fuel™. The agreement represents the largest purchase of sustainable aviation fuel (SAF) from Neste made by any airline outside North America and Europe for delivery before the end of 2024.

51% of top 100 cos disclosing emissions despite no mandate: PwC

Supplementing the efforts of the Indian government to achieve a net-zero emission target by 2070, as many as 51 per cent of the top-100 companies have started making disclosures on a voluntary basis about carbon emissions, says a PwC India survey. The survey further said that about 31 per cent of the respondent companies have

IREDA’s GIFT City office to boost green hydrogen

Indian Renewable Energy Development Agency Ltd. (IREDA) has opened an office in GIFT City, Gandhinagar, which will specialize in providing debt options denominated in foreign currencies. This will facilitate natural hedging and significantly reduce the financing costs for Green Hydrogen and Renewable Energy Manufacturing projects. The strategic initiative which would contribute to the country’s journey

Schneider Electric joins project to provide green energy offshore charging station

Electric, the leader in the digital transformation of energy management and automation, has announced it will join a collaborative effort to develop and deliver the first cold-ironing buoy designed to power cruise ships at anchorage.    The project – which is being led by Orcades Marine Management Consultants – aims to reduce emissions from cruise ships

LNG bunkering sales begin with strong note in 2024

More than 2,400 vessels are equipped to operate on LNG globally, with another 1,000 vessels ordered, yet to be delivered. It’s worth noting that half of the operational LNG-fueled vessels are LNG carriers. These ships use boil-off gas as fuel, reducing their reliance on external LNG bunkering. Even excluding LNG carriers, the fuel remains the