BP bags order from Austria’s OMV

BP PLC has scored a 10-year order from Austria’s state-backed OMV AG for up to one million metric tons per annum (MMtpa) of liquefied natural gas (LNG) with delivery starting 2026. OMV indicated the supply is meant for Austria and other European countries. OMV owns gas and oil production stakes in the Norwegian side of

Bureau Veritas becomes certified body for CertifHy™ in Europe

CertifHy™ aims to facilitate and advance the production, procurement, and use of non-renewable, renewable, and low-carbon hydrogen.

EU ETS bill set to cross over €3 bn in 2024

The EU MRV regulation requires all ships exceeding 5,000 gross tons to collect and report data on CO2 emissions released to and from EU and EEA ports and will serve as the basis for shipping’s inclusion in the EU Emissions Trading System (ETS) from 1 January 2024

Study identifies Spain as a green shipping corridor hub

Global Maritime Forum’s study named ‘Green shipping corridors in and out of Spain: Assessing route-based opportunities’ highlighted the eight most promising green corridor routes in and out of Spain.

Cruise ships pumping more harmful gases in Europe

A total of 509 tonnes of sulphur oxides were emitted by the 218 cruise vessels in operation across Europe last year, up from 465 tonnes of emissions linked to the industry in 2019, the last year of normal activity before the pandemic, according to a report by climate lobby group Transport & Environment.

New safety and pollution targets for shipping

The package includes three proposals focused on improving maritime safety rules, emphasizing port state control and maritime accident investigations to reduce incidents, safeguard human lives, and prevent environmental pollution.

HD KSOE to participate in largest hydrogen project

The company announced that it has formed a consortium with a total of 14 European academia-industry institutions, including the American Bureau of Shipping (ABS) and the Dresden University of Technology, and will begin joint development of large-scale liquid hydrogen cargo tank technology starting next month.

Ørsted starts construction of e-methanol project

Ørsted has launched construction on what is set to become Europe’s largest e-methanol plant for shipping fuel. Expected to become operational in 2025, the FlagshipONE project in Sweden will produce around 50,000 tonnes of e-methanol per year. Originally developed by the Swedish e-fuels company Liquid Wind, the plant will be located next to Övik Energi’s

India becomes largest supplier of refined fuels to Europe

India has become Europe’s largest supplier of refined fuels this month while simultaneously buying record amounts of Russian crude, according to data from analytics firm Kpler. Europe’s reliance on Indian crude oil products has grown since the ban on Russian oil. Europe’s refined fuel imports from India are set to surge above 360,000 barrels a

Hutchison Ports BEST surpasses EU & IMO emission reduction targets

The Hutchison Ports BEST terminal in the Port of Barcelona is considered one of the greenest container terminals in the Mediterranean attributed to the design of its infrastructure and the way it conducts its operations. In addition, in 2022 it has eliminated scope 2 emissions by opting for electricity from 100% renewable energy.  Guillermo Belcastro,