Methanol Institute and SEA-LNG unite against EU trade barriers

The Methanol Institute (MI) and SEA-LNG, key representatives of the methanol and liquefied natural gas (LNG) industries respectively, express their deep concerns following the recent announcement by the European Commission impacting the trade of biomethane and biomethane-based biofuels such as biomethanol, according to the company’s release. The Commission has noted the intention to exclude the

MOL Group opens green-hydrogen plant in Hungary

MOL Group has inaugurated a 10-megawatt capacity green hydrogen plant in Százhalombatta, which is the largest in Central and Eastern Europe. The €22-million investment will reduce the Danube Refinery’s carbon dioxide emissions by 25 000 tons. MOL will be able to produce 1,600 tons of clean, carbon-neutral green hydrogen per year. The 10-megawatt electrolysis unit

ABS and AAPA report on American ports’ decarbonization

Responding to report findings, AAPA has issued several recommendations for policymakers and relevant stakeholders to help create a level playing field and expedite decarbonization activities for ports. While most American ports have decarbonization plans in place, a new report from ABS and the American Association of Port Authorities (AAPA) shows there are significant challenges to

Hydrogen, biofuel hybrid passenger ship enters service in Japan

Japanese shipping major Mitsui O.S.K. Lines (MOL) has revealed that the hydrogen and biofuel hybrid passenger ship Hanaria started service in Kitakyushu. The ship was built at the Hongawara Ship Yard for MOL’s company MOTENA-Sea, backed by investments from MOL Techno-Trade. According to MOL, this is the first passenger ship in Japan that can select

Port strategies for green fuels bunkering

The Global Maritime Forum and RMI (founded as the Rocky Mountain Institute), under Mission Innovation’s umbrella, released a report outlining strategies for ports to become first movers in providing green methanol and ammonia bunkering. The report provides insights into the sources of green methanol and ammonia that could be available to the shipping industry and

Decarbonization is more than a story of CO2 emissions

 The Energy Transition at Sea is a once in a generation opportunity for shipping and governments around the world to revitalize national maritime strategies and build the infrastructure and assets we will need to achieve net zero. That’s the view of ABS Chairman and Chief Executive Christopher J. Wiernicki who is highlighting how maritime decarbonization

China exceeds India as largest importer of Russian crude

China has become the largest importer of Russian seaborne crude, surpassing India, due to India’s slowdown in imports amidst sanctions and rising price. China has surpassed India as the primary importer of Russian crude oil via sea routes, with China importing 1.82 million barrels per day (bpd) in March compared to India’s 1.36 million bpd.

Godrej & Boyce supplies heat exchangers for green hydrogen

Godrej & Boyce has supplied heat exchangers for a commercial-scale green hydrogen project in the Middle East. The heat exchangers will facilitate heat transfer across various stages of the production process. Godrej & Boyce, a Godrej Group company, announced that its business Godrej Process Equipment has dispatched heat exchangers to a green hydrogen project in

Europe adopts new regulations in favour of hydrogen

The European Parliament voted to adopt a new directive and a regulation on the gas and hydrogen markets. These texts aim to decarbonise the EU’s energy sector, while improving the production and integration of renewable gases and hydrogen. The new regulation will enable Member States to limit gas imports from Russia and Belarus, amid conflict

More ammonia requires for shipping, if we develop less green hydrogen projects

The fewer green hydrogen projects are on line by 2030, the more global trade there will be for renewable ammonia for use as a shipping fuel, according to a new report published by non-profits the Rocky Mountain Institute (RMI) and the Global Maritime Forum. While this may seem counterintuitive — given the assumption that most