The Port of Barcelona making progress towards cleaner fuels

The Port of Barcelona is planning to build zero-emission fuel production plants at its facilities. During 2023 the Port of Barcelona performed a total of 199 liquefied natural gas (LNG) bunkering operations to ships, for a total of 143,000 m3, which is twice that of the last reference year – 2021 – when it supplied

UNCTAD calls for bold global action to decarbonize shipping

The United Nations Conference on Trade and Development (UNCTAD) has called for a “just and equitable transition” to a decarbonized shipping industry in its Review of Maritime Transport 2023 launched ahead of World Maritime Day. The agency highlights the pressing need for cleaner fuels, digital solutions and an equitable transition to combat continued carbon emissions

‘Towards Panchamrit’ launched to promote clearer fuels

Union Minister for Heavy Industries Mahendra Nath Pandey inaugurated “Towards Panchamrit” to drive the country towards cleaner mobility. Towards Panchamrit is an effort to promote adoption of “Panchamrit” which is 5 clean fuels – Hydrogen, Ethanol, Bio Diesel, Gas and Electric Vehicles. Towards Panchamrit, the Conference & Exposition on schemes for promotion and development of

Carbon trading market likely in India

As part of its efforts to hasten the transition to cleaner fuels, India is likely to introduce a carbon trading market for major emitters in the energy, steel and cement industries. The platform is expected to be announced by Prime Minister Narendra Modi at Independence Day celebrations on August 15. The market would initially be

Pricing economics lifts scrubbers’ prospects amid thrust for cleaner fuels

Scrubbers will likely continue to play a significant role in the marine fuel mix over the near-to-medium term despite the global push for cleaner fuels, with the latest results from Dorian LPG’s scrubber operations showing a 48% capital expenditure payback. “Fuel spreads during Q4 2022 [October-December] widened between LSFO [low sulfur fuel oil] and HSFO