MAN and DNV sign MoU on decarbonisation and digitalisation

MAN Energy Solutions and classification society, DNV, signed a Memorandum of Understanding (MoU). Effective immediately, the MoU is due to run for a period of three years. Under the terms of the memorandum, the two companies will – by June 30th, 2022 – detail action plans within the fields of decarbonisation, the hydrogen value-chain and

MGO sales in Panama down by 9.7%

Some 377,649 metric tonnes (mt) of marine fuel were sold in Panama last month – 9.7% down on the 418,415 mt registered in February 2021. Last month’s total also represented a 16.4% drop on the 451,664 mt of marine fuel sales recorded in January. A total of 229,359 mt of very low sulphur fuel oil

Volkswagen joins sustainable mining initiative IRMA

Volkswagen announced that it joined a group to reach its environmental and social standards in the mining sector. Initiative for Responsible Mining Assurance Being the world’s No.2 carmaker in the world it is essential that the raw materials used are sustainable for their upcoming models in the EV lineup. As a result, VW joins hands

R&D for green fuel fund gets new thrust from maritime groups

Maritime groups hope progress to establish a research and development (R&D) fund meant to find the green fuel of the future can accelerate now that they have addressed concerns about the fund raised by some nations. The organizations — including the International Chamber of Shipping (ICS), BIMCO, Intertanko, and the World Shipping Council (WSC) —

Coal needed for India in 2030 is between 1.3 to 1.5 billion tonnes

The government informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030. “Due consultations were held for finalizing India’s approach for negotiations at COP-21 and prior to signing the Paris Agreement. As per Economic Survey, the demand for coal is expected to remain in the range of 1.3-1.5 billion tonnes by 2030,”

SCZone meets with A P Moller-Maersk to talk green fuel

The Head of the Suez Canal Economic Zone (SCZone) Yahya Zaki met with a delegation from the A P Moller-Maersk Group to discuss cooperating to implement projects for the production of green fuels and the use of methanol and green ammonia. A.P. Moller-Maersk held a three-day workshop to discuss implementing projects within the SCZone, especially

Strategic alliance formed to develop Japan’s first methanol-fuelled tanker

Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., Ltd., Murakami Hide Shipbuilding Co., Ltd., and The Hanshin Diesel Works, Ltd. have agreed to form strategic alliance aimed at reducing environmental impact through the development of methanol-fueled Domestic tanker. The vessel development project, which targets delivery of the ship

World’s first Ethanol production refinery from bamboo to be built in India

An agreement signed between a Hyderabad-based company and a farmers’ company in Maharashtra’s Latur, for building world’s first ethanol production refinery project from bamboo with a daily capacity of 30,000 litres. The agreement was signed in Hyderabad between Nagarjuna Group, Hyderabad and Lodga Bamboo Industries in Latur district between Dr Banibrata Pande for Nagarjuna Group

ME-GI Engines to power liquid-CO2 carriers

Dalian Shipbuilding Industry Co. Ltd. has ordered 2 × MAN B&W 7S35ME-GI dual-fuel engines in connection with the construction of two 7,500 cubic-metre, liquid CO2 carriers for Northern Lights, the joint venture between Equinor, Shell and TotalEnergies. Each ME-GI engine will feature MAN Energy Solutions’ proprietary EcoEGR (Exhaust Gas Recirculation) system. Delivery of the 130-metre

Energy-related CO2 emissions touched record highs in 2021

Energy-related carbon dioxide emissions rose to their highest level in history last year, according to the International Energy Agency, as economies rebounded from the coronavirus pandemic with a heavy reliance on coal. The IEA found energy-related global CO2 emissions increased by 6% in 2021 to reach a record high of 36.3 billion metric tons. In