NTPC, NALCO forge partnership to explore RE solutions

In a significant development for India’s power and aluminum sectors, NTPC Limited, the country’s largest integrated power utility, has entered into a non-binding Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO), a prominent Navaratna Company engaged in aluminum production. The MoU aims to explore various avenues, including coal-based thermal, solar PV, wind, and

Dry bulk lags behind in green investments

Dry bulk stands out among the major shipping sectors as the least willing to invest in green new tonnage. According to data from AXS Marine, so far only 3% or 915 vessels are equipped with dual fuel propulsion from the total global bulk, tanker and containership fleet of 30,487 ships. AXS Marine statistics show how

Brassavola concludes first ship-to-ship LNG bunkering operation

Singapore’s newly built LNG bunker vessel Brassavola has completed its first ship-to-ship (STS) LNG bunkering operation. In its maiden STS LNG bunkering operation, Brassavola delivered LNG to Rio Tinto chartered dual-fueled bulk carrier Mount Api. The 12,000 cubic meter Brassavola, said to be the largest LNG bunker vessel for use in service in the Port

ATGL aims to increase adoption of LNG fuel

Adani Total Gas Ltd (ATGL) is aiming to increase the adoption of LNG as the primary fuel for long-haul commercial vehicles, replacing diesel, through an ecosystem approach. This includes strategic tie-ups with various stakeholders like auto ancillaries, Original Equipment Manufacturers (OEMs), fleet operators, end-use industry, and retrofitment players to advocate for quicker adoption of the

TMEIC India facilitating transition to RE sources

Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) is advancing towards the goal of achieving carbon neutrality. Within its expansive network, TMEIC India, a Group company, plays a vital role in developing key solutions for the energy sector. Focused on providing environmentally sustainable energy solutions, TMEIC India is striving to facilitate the transition to cleaner energy sources.

MOL completes carbon insetting pilot with 123Carbon

Japan’s Mitsui O.S.K. Lines (MOL) has completed an insetting pilot with 123Carbon by tokenising the GHG emission reductions from the net zero voyage fuelled by bio-methanol. This allows MOL to allocate the GHG emission reductions from the use of bio-methanol to customers considering Scope 3 reductions from maritime transport services, based on the Market-Based Measures

QatarEnergy partners with Nakilat for LNG

QatarEnergy last week selected Qatar Gas Transport Co. Ltd. (Nakilat) as owner and operator of up to 25 conventional-size (174,000-cu m) LNG carriers. The deal is pursuant to a time charter agreement to be entered into by affiliates of QatarEnergy and Nakilat. The award is the first in the second batch of long-term time charters

Poultry industry urges govt to allow maize imports

With ethanol-makers competing strongly for maize supplies, the poultry industry, which depends heavily on maize for its feed requirements, has asked the Union Government to allow it to import genetically modified maize and soyameal. It also wanted the government to bring in high-yielding GM seeds to increase productivity in the country. The country is using

Australian economists propose $100 bn annual fossil fuel tax

Leading Australian economists Ross Garnaut and Rod Sims this week sought to shake up the carbon policy debate in Australia, by proposing a tax on the nation’s fossil fuel production. They claim it could raise A$100 billion in its first year and position Australia at the forefront of the low-carbon revolution. The proposal has been

Arkas Bunker receives ISCC certification

Marine fuel supplier Arkas Bunker, a subsidiary of Arkas Holding said it received the International Sustainability and Carbon Certification (ISCC). It received the certification for the sustainable supply of biomass, biofuels, and other renewable raw materials in Turkey. The firm added it will continue its journey with a sustainable business model in marine fuels while