Proposed 5% biogas blending can cut LNG imports

The biogas blending is proposed to be further increased to 5 per cent by fiscal year 2028-29. According to the study, this blending initiative gels well with the government’s macro-level move to make India a gas-based economy, with a target to increase the current share of gas in the energy mix from 6 per cent

UCL explores role of ship financiers in shipping’s green transition

A new research paper published in Journal of Environmental Innovation and Societal Transitions by researchers from the UCL Energy Institute explores the role ship financiers can play in shipping’s transition to zero emission fuels. Using a novel theoretical framework which categorises financiers into five enabling or disabling categories, it finds that most expressed an ambition

Evalend Shipping orders more LNG carriers

Greece’s Evalend Shipping has doubled its orderbook of liquified natural gas carriers with two more units at HD Hyundai Heavy Industries in South Korea. UK shipbroking giant Clarksons has named the Kriton Lendoudis-led diversified owner behind the $530m deal for 174,000 cu m ships expected to deliver in 2027 and 2028. The Athens-based company marked

GAIL does world’s first ship-to-ship LNG transfer

Top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot to boost business, company officials said. GAIL has contracted 5.8 million tonnes per annum of LNG (natural gas super-cooled to liquid

Capital Product Partners shifts focus to LNG

Greek owner Capital Product Partners has entered into an umbrella agreement with Capital Maritime and Capital GP for the acquisition of 11 newbuild LNG carriers from the Evangelos Marinakis-led company for a total acquisition price of $3.13bn. The 11 vessels in question are all two-stroke Mega Mark III Flex 174,000 cu m LNG carriers either

Greenline investment to deploy LNG trucks for logistics

GreenLine will invest Rs 200 crore to deploy LNG-powered trucks for Hindustan Zinc’s Road logistics operations. These LNG-powered trucks, manufactured by Blue Energy Motors – India’s first venture into heavy-duty LNG (Liquefied Natural Gas) trucks, is said to significantly reduce toxic emissions compared to diesel, with cuts of up to 30% in CO2, up to

Peninsula starts delivering LNG bunkering

Marine fuel supplier Peninsula has started delivering liquefied natural gas as fuel to vessels in Gibraltar with the 12,500-cbm Levante LNG. The first delivery took place in Gibraltar on November 4 and Levante LNG supplied Royal Caribbean’s cruise vessel Silver Nova, according to a statement by Peninsula. Germany’s Meyer Werft handed over the first LNG-powered

New Singapore company launched to develop methanol-powered ships

Methanol propulsion specialist Green Marine Copenhagen and Singapore-based Stamford Ship Management have formed a joint venture in Singapore with a mission to build and manage, both commercially and technically, methanol dual fuel propulsion vessels across multiple market segments. Singapore, the world’s top bunkering hub, is getting the infrastructure in place for shipping’s future fuel mix

NYK commences conversion of ammonia-fuel tugboat

NYK has started to conversion of a tugboat to ammonia-fuel which it says is a world first. The LNG-fuelled tugboat Sakigake is being converted to run on ammonia at Keihin Dock Co. Ltd. Dubbed, A-Tug, the vessel’s entire engine and fuel tank will be replaced. NYK said the yard will cut the engine room to

Anemoi signs deal for LNG carrier rotor sail design

British supplier of rotor sails for commercial vessels, Anemoi Marine Technologies, has entered into a joint design cooperation agreement with Hudong-Zhonghua Shipbuilding for the design of rotor sails onboard two LNG carrier newbuildings. As part of the agreement, Anemoi will assess the feasibility and design of rotor sails for installation on LNG carriers and develop