Wärtsilä drives decarbonisation and lower operating costs

The technology group Wärtsilä will carry out the most complete re-powering project ever carried out on an inland waterway vessel. The project scope will retrofit the ‘Herkules V’, a pusher vessel owned by Hidrovias do Brasil, to achieve notably increased efficiency, reduced emissions, and lower operating costs. The order was included in Wärtsilä’s order book

Serentica Renewables is tapping decarbonisation drive in India

Serentica Renewables India Pvt Ltd., a clean-energy startup backed by KKR & Co., wants to tap Indian industry’s decarbonisation drive. The company based near New Delhi will use a $400 million investment from the private equity giant to build 1.5 gigawatts of wind and solar across four Indian states.The projects will be built over the

The role of hydrogen and other future fuels in decarbonisation?

Of late, energy sector has been swiftly moving towards decarbonisation. In this scenario, renewable energy and future fuels offer greater energy security and sustainability. The green fuels and renewable energy sources will ensure a safer and cleaner future.  What are future fuels? Future fuels as low and zero-carbon fuels are projected to displace fossil fuels.

Decarbonisation of 84% of shipping emissions possible without IMO

A new study from Brussels-based NGO Transport & Environment (T&E) suggests Europe, China and the US could decarbonise 84% of all global shipping emissions without the need for the “ineffective” IMO. T&E analysis of 2019 automatic identification systems shows 84% of shipping traffic goes through Europe, China and the US. If these economies were to

OOCL orders seven methanol-fueled vessels

Orient Overseas Container Line Ltd. (OOCL) announced a newbuilding order of seven methanol-compatible 24,000TEU container vessels with expected delivery starting from the third quarter of 2026. The green fuel technologies to be applied on these new vessels, most notably for the methanol dual fuel engines, constitute a significant milestone in OOCL’s decarbonization journey.  Under the

Maersk in favor of setting up an end date for heavy oils in shipping

The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor for Green Transition Concepción Boo Arias said. Aside from the exact end date for fossil

UN expert group launches report on corporate greenwashing

A UN-convened group has launched a major new report at COP27 to crackdown on corporate greenwashing around net-zero claims, outlining key recommendations to ensure non-state actors are actively working towards decarbonisation. The High Level Expert Group on Net Zero Emissions Commitments of Non-State Entities was set up by UN Secretary-General António Guterres in March 2022

Most seafarers require upskilling to meet decarbonisation goals

A new action plan, launched at the COP27 climate conference in Egypt by United Nations organisations, shipowners and unions, sets out recommendations to upskill seafarers to meet shipping’s decarbonisation goals. The plan is in response to findings from new research, the modelling of which cautions that as many as 800,000 seafarers will require additional training

ADNOC, GAIL agree to explore decarbonization opportunities

Abu Dhabi National Oil Company (ADNOC) and GAIL (India) Ltd. signed a memorandum of understanding to explore collaboration opportunities in LNG supply and decarbonization, including short- and long-term LNG sales agreements. The agreement also includes potential optimization of LNG trading activities, the review of joint equity investments in renewables and the monitoring of greenhouse gasses

Rolls-Royce to conducts engine tests using hydrogen fuel

Rolls-Royce has been preparing a comprehensive series of rig and engine tests to show that hydrogen fuel can effectively fly aircraft. From manufacturers to airlines, stakeholders across the commercial air travel industry have shown their commitment to hydrogen-powered aircraft amid their decarbonization goals. Two powerhouses that are firmly supporting this field are easyJet and Rolls-Royce,