Busan New Port Completes First Hydrogen Refueling Station for Cargo Trucks

Busan New Port has inaugurated its first hydrogen charging station for cargo trucks, a significant advancement in the port’s shift towards eco-friendly energy. The Busan Port Authority (BPA), under the leadership of President Kang Jun-seok, collaborated with Changwon City and other partners to establish this facility within the New Port’s business office in Yongwon-dong, Jinhae-gu.

Matrix Gas is preparing to launch a green steel utilizing hydrogen to replace coal.

India has started producing green steel as it continues on its path to becoming net-zero by 2070. The first phase of the Steel Ministry’s pilot project to decarbonize the industry is scheduled to begin in Raipur, led by Matrix Gas and Renewables. The soon-to-be public company will replace coal in the production of sponge iron

RE sector set to dominate Indian power industry: MNRE Secretary Prashant Kumar Singh

The renewable energy sector is set to dominate the Indian power industry in the coming years, stated Prashant Kumar Singh, Secretary of the Ministry of New and Renewable Energy. He was speaking at the Brainstorming Conclave organized by the Central Electricity Authority on the Indian Power Sector Scenario by 2047 in New Delhi. He mentioned

Singapore, Shandong Ink Agreement for Green and Digital Shipping Corridor

The Maritime and Port Authority of Singapore (MPA) and the People’s Republic of China’s Shandong Provincial Transport Department signed a memorandum of understanding (MoU) to establish the Singapore – Shandong Green and Digital Shipping Corridor (GDSC). Teo Eng Dih, Chief Executive, MPA, and Gao Hongyan, Deputy Director, Shandong Provincial Transport Department, signed the MoU at

Anthony Veder Pioneers Wind-Assisted Propulsion on Gas Carrier

Anthony Veder proudly announces the launch of two VentoFoils sails onboard of Ethylene carrier Coral Patula, delivered by Econowind. With this installation, Anthony Veder is the first worldwide to install sails onboard a gas carrier. Later this year sister ship Coral Pearl will be equipped with two similar sails. By retrofitting existing gas carriers the

V. opens expanded office in Chennai, bolstering organisation’s presence in India

V.Group (“V.”), the global ship manager and marine services provider, has opened an expanded office in Chennai, India, strengthening V.’s ability to engage with both customers and seafarers in the region. V. has a long-standing history in India, stretching back to 1984, and this new office allows the organisation to further strengthen its presence in

TotalEnergies EP Ratawi Hub selects IBS Software to revolutionise personnel logistics and tracking

TotalEnergies, one of the world’s leading global integrated energy companies, has selected IBS Software to transform its personnel logistics and tracking operations in Iraq through its affiliate TotalEnergies Exploration Production Ratawi Hub (TEPRH). This collaboration marks a significant milestone in digitising and automating workforce transport, Personnel on Board (POB) control and accommodation, ensuring enhanced safety

Global Bulker Fleet Speed Declines to Comply with IMO Regulations

According to new research report by Veson Nautical (Veson), global carbon emissions from bulk carrier vessels have fallen by 5 million tonnes, or 2.5%, since the beginning of 2021. This was achieved in spite of an increase in the distance travelled and time spent underway. The report cites a reduction in average speed by bulk

Global Demand for Containers and LNG Vessels Likely to Shrink: VesselsValue

VesselsValue in its latest report predicted that orders for bulkers and tankers will gain momentum, while demand for containers and LNG/LPG vessels will decline. Despite the expected rise in bulker and tanker orders, the overall orderbook will likely shrink due to a surge in deliveries for container and gas vessels. Geopolitical tensions, such as the

WPCAP to Merge into IAPH for Strengthening Maritime Sustainability

The World Ports Climate Action Program (WPCAP) will merge into the IAPH Climate and Energy Committee, strengthening global decarbonisation efforts and accelerating sustainable fuel initiatives. The announcement was made at the IAPH 2024 World Ports Conference, held on 8-10 October in Hamburg, Germany. Established in 2018, WPCAP brought together major ports including Rotterdam, Antwerp-Bruges, Barcelona, and Los Angeles, to