Converting ships to alternative fuels feasible and cost-effective

Converting containership vessels to alternative fuels is technically and economically feasible, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping said citing findings of a new report. As the industry moves to decarbonize its fleet, numerous questions remain to be answered on the best pathways for shipowners given the uncertainty in relation to the future fuel

Port Houston and Shell to collaborate on decarbonisation

Port Houston has announced an agreement with Shell to work together to meet the port’s strategic goals in the areas of sustainability, resilience and carbon reduction. Port Houston and Shell signed a memorandum of understanding that outlines a shared intention to explore energy, mobility and decarbonisation projects that could be implemented at the port’s terminals.

MAN Energy Solutions discloses new dual-fuel engine

MAN Energy Solutions has introduced the latest addition to its four-stroke engine portfolio, the dual-fuel engine capable of running on LNG, diesel and HFO as well as a number of more sustainable fuels including biofuel blends and synthetic natural gas. The engine was unveiled at SMM, the world’s largest shipping exhibition, where the company’s executive

CMA CGM forms $1.5 bn fund for decarbonization

The CMA CGM Group is creating a “Special Fund for Energies,” backed by a five-year, $1.5 billion commitment designed to accelerate its energy transition and achieve net zero by 2050. The mission of the fund is both to invest in projects to secure the supply of renewable energies for all the group’s businesses and to

It’s high time to rev up renewable energy sources

Wind and solar are the renewable sources of energy, which emit very tiny or no greenhouse gases. They are readily available and much cheaper than coal, oil and gas. Indeed, the fossil fuels like coal, oil and gas are the worst contributors to global climate change. Theay account for over 75 percent of global greenhouse

Scotland to decarbonize North Sea platforms with commercial scale wind projects

Crown Estate Scotland has invited offshore wind developers to put forward project proposals for the leasing of seabed to reduce UK North Sea emissions and boost innovation. Under the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process, which is separate to the ScotWind leasing round for commercial scale wind projects in Scottish

LNG retrofit will rate higher under CII, says SEA-LNG analysis

LNG is the best fuel option for owners considering how to extend vessel life and secure CII compliance through retrofit, according to SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG fuel pathway for shipping decarbonisation. In a piece of analysis released, the coalition finds significant benefits to a business choosing

‘Methanol is already widely available globally in key ports’

Mr Chris Chatterton, Chief Operating Officer (COO), the Methanol Institute (MI), shared his views with Future Fuels in an exclusive interview on the solutions offered to the shipping industry, with a focus on methanol as an option. What are the milestones achieved by Methanol Institute towards decorbonisation so far? MI actively participated and supported the

Half of the global carbon emissions made by a few financial actors

Just ten financial actors pollute almost half of all global carbon emissions but could have a decisive role in helping decarbonise the planet. They hold a massive amount of wealth which unfortunately contributes greatly to climate change. These ten actors, who have the most influence on the fossil fuel economy, own 49.5% of global carbon

JSW Steel to work with BCG on decarbonization

JSW Steel has announced to collaborate with Boston Consulting Group (BCG) for its decarbonisation and sustainability agenda. JSW Steel has committed to combat climate change challenge by incorporating sustainability in its business operations. The partnership is a step in that direction. As part of this, BCG will leverage its proprietary CO2 AI platform along with