Is green ammonia fit to decarbonise shipping?

Fuels such as liquefied natural gas, methanol and hydrogen are being considered to decarbonise the shipping industry. But some experts believe green ammonia also has potential due to its unique makeup. Green ammonia, or e-ammonia, is produced by combining nitrogen from the air with green hydrogen, which is produced using renewable electricity-powered electrolysers that split

What is a hydrogen internal combustion engine, and can it be a real alternative to battery EVS?

In a world faced with more uncertainty than ever, the only well-documented certainty is that fossil fuels will soon be ditched in favour of alternative energy sources for mobility applications worldwide. Most automakers have already climbed aboard the promising electric mobility vessel, and are working to transition from internal combustion engine (ICE) vehicles to ones

LNG shipments to Europe might not cover strong winter demand

Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch. LNG supplies entering European grids in July fell to the lowest for that month in three years and the outlook for this month is even grimmer. Just one cargo is scheduled to arrive in the UK in August and

Asian HSFO markets firm on higher power, bunker demand

The backwardation in the Asian 180cst and 380cst high-sulphur fuel oil (HSFO) markets has widened to multi-month highs, driven by higher power generation and bunker fuel demand. The backwardation in 180cst HSFO markets, or the premium of prompt prices to forward values, widened from $5.75/t on 3 August to over a nine-month high of $6/t

Monjasa Acquires Tanker to Serve Burgeoning West African VLSFO Market

DWT tanker, acquired from Neste in Finland and now renamed as Monjasa Trader, left the Port of Rotterdam on 15 August and is now heading for Lomé in West Africa. Announcing the acquisition of the tanker, Monjasa highlighted the increasing local availability of very low sulphur oil in West Africa. The ‘high quality’ product is