GCMD presents case study of its bio bunker fuel trials

Global Centre for Maritime Decarbonisation’s (GCMD) Chief Strategy Officer, Dr Sanjay C Kuttan, presented GCMD’s case study on biofuels trials in a recent Singapore Shipping Association (SSA) seminar, organised by its Marine Fuels Committee. During his presentation, Dr Sanjay emphasised the importance of sourcing biofuels regionally and using larger tankers for fuel transport to minimise

JSPL, JRPL sign pact to invest in green hydrogen

Jindal Steel & Power (JSPL) and Jindal Renewable Power Private (JRPL) have signed a memorandum of understanding (MoU) to invest in green hydrogen production for steelmaking in Angul, Odisha. The steel producer said on Monday it was to implement India’s biggest investment in green hydrogen by any Indian steelmaker.  As part of the MoU, JSPL

Sofar Ocean will see Berge adopt Sofar’s Wayfinder platform

Sofar Ocean will see Berge adopt Sofar’s Wayfinder platform across its fleet of owned vessels, including new vessels equipped with wind propulsion technology on path to decarbonization. Berge Bulk said it has entered the second phase of its ambitious plans, applying new technology. In the past year, Berge Bulk has equipped two ships – Newcastlemax

GCMD carries out ship-to-ship transfers of ammonia

Global Centre for Maritime Decarbonisation (GCMD) led consortium has carried out two ship-to-ship transfers of ammonia at anchorages within the Port of Dampier in a pilot project that reinforces the potential of the Pilbara region of Western Australia to be a green ammonia bunkering hub. The operation was conducted under strict safety protocols, with requisite approvals, and

Lumax to acquire majority stake in Greenfuel Energy Solutions

Lumax Auto Technologies said it has inked a pact to acquire a majority stake in Greenfuel Energy Solutions from its existing shareholders for an undisclosed amount. The proposed acquisition will enable the company to enter into the green and alternate fuels segment which is expected to witness strong and accelerated growth in the coming years,

Ethanol production capacity in India increases

The ethanol production capacity in India is experiencing significant growth, which is expected to boost the country’s overall production. According to the Department of Food & Public Distribution (DFPD), India’s ethanol production capacity has risen from 518 crore liters in 2017-18 to an impressive 1,623 crore liters in 2023-24 (As on 31st August 2024), demonstrating

Singapore bunker hub posts decline in fuel sales for Aug

Marine fuel sales at Singapore, the world’s largest bunker hub, posted a 2.3% monthly decline in August due to softer demand for key conventional fuel grades, data showed. Athough marine biofuel sales reached a monthly record high. Volumes for conventional bunker fuels softened for key grades month-on-month, as some spot demand got diverted to other

Nayara Energy sees 14.3% rise in domestic fuel sales

Nayara Energy, India’s largest private fuel retailer, posted a 14.3 per cent rise in fuel sales for the second quarter of the 2024 calendar year, while exports dropped as the firm met rising local demand for fuel. In the April-June quarter, Nayara sold 75 per cent of all diesel it produced at its Vadinar oil

Amid hike in demand for ethanol, India may become importer of corn

India’s push to produce more corn-based ethanol has turned Asia’s top corn exporter into a net importer for the first time in decades, putting pressure on local poultry producers and disrupting global supply chains. Traditionally, the poultry and starch industries used to absorb most of India’s approximately 36 million tonne of corn production. The surge

India announces partnership with the European Hydrogen Week

The second day of the International Conference on Green Hydrogen (ICGH-2024), held at Bharat Mandapam, New Delhi, witnessed the announcement of India’s exclusive partnership with the European Hydrogen Week, scheduled to be held in November 2024. The day highlighted India’s intent to address the green regulations of EU to boost exports. In addition, a Letter of Intent (LoI) was signed between