Singapore aims 1 mln tons of low-carbon methanol bunker supply

Singapore has the potential to supply over 1 million metric tons of low-carbon methanol annually by 2030 to meet rising demand for alternative bunker fuel, a Singapore minister said. Singapore’s Maritime and Port Authority (MPA) late last year started seeking proposals from companies to supply methanol as a marine bunker fuel at Singapore from 2025.

Kolkata Port, NTPC to work together to set up green hub

Syama Prasad Mookherjee Port (SMP), formerly known as Kolkata Port Trust, and NTPC Green Energy (NGEL), a subsidiary of NTPC Limited, will form a joint working group to set up a green hydrogen and ammonia hub at the port. The MoU between the two public sector entities was signed last week, aiming to explore opportunities

India must emerge as hub for green shipping: RK Singh

The union minister for new and renewable energy RK Singh on Tuesday that India can become the refuelling destination for green ships run on green hydrogen. Addressing a conference on green hydrogen pilots in India organized by NTPC, the minister said that many green hydrogen pilots are going on in India and across the world.

Melbourne explores methanol bunkering hub with Maersk, CMA CGM

A project to explore developing a methanol bunkering hub at Australia’s Melbourne port is being supported by shipping companies including Maersk and Svitzer as well as CMA CGM’s ANL subsidiary. It is the first effort in Australia and joins projects in other parts of the world that look toward developing the infrastructure that will be

S5 Agency World offers global hub and port agency support to Proman

Global port services and software as a service provider S5 Agency World is providing global hub and port agency support to Proman for its first methanol-fuelled tankers. This follows successfully co-ordinating two new methanol-powered vessels Stena Pro Patria and Stena Pro Marine during their first call at the Port of Ulsan. S5 Agency World controls

Mexico to build LNG hub

Mexico plans to build an LNG export hub worth between $4 billion and $5 billion in the Gulf of Mexico that will help serve European demand. The planned LNG facility in the port of Coatzacoalcos, in the eastern state of Veracruz, would transport gas by boat to Europe. Mexico does not yet commercially export LNG,

UK becoming a clean tech investment hub after COP26 boost in 2021

The UK is the third world’s biggest market for clean tech investment, claims a report by PWC. More climate tech start-ups have received venture capital funding in the UK than in any other European nation. COP26 boost Between 2013 and 2021, UK-based firms received investments exceeding £6.5bn – a figure bested globally by only China