BASF and AM Green sign MoU to study low-carbon chemistry prospects in India

BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India. Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, and Mahesh Kolli, Group President of AM Green,

Ports of Indiana and Cork partner on major green initiatives

A newly signed MOU between Ireland and Indiana envisions a green shipping route and new container service.Indiana officials visited Cork, Ireland, to develop marine and air connectivity. The ports signed the MOU to work on economic, environmental, and technology efforts and investigate an Ireland-to-Indiana expedited container shipping service. As reported, Ireland was Indiana’s top importer

IRS and SeaTech collaborate for green tug design and sustainable initiatives

Indian Register of Shipping (IRS), a globally recognized classification society, announces the signing of a Memorandum of Understanding (MOU) with SeaTech Solutions International (S) Pte Ltd, a Singapore-based maritime engineering and design firm. This MOU highlights a broader international collaboration aimed at advancing sustainable maritime solutions, including the Greentech design and classification of next-generation green

Singapore, Shandong Ink Agreement for Green and Digital Shipping Corridor

The Maritime and Port Authority of Singapore (MPA) and the People’s Republic of China’s Shandong Provincial Transport Department signed a memorandum of understanding (MoU) to establish the Singapore – Shandong Green and Digital Shipping Corridor (GDSC). Teo Eng Dih, Chief Executive, MPA, and Gao Hongyan, Deputy Director, Shandong Provincial Transport Department, signed the MoU at

Cabinet approves MoU between India and Bhutan on energy efficiency

The Union Cabinet chaired by Prime Minister Narendra Modi approved the signing of Memorandum of Understanding (MoU) between India and Bhutan on extending co­operation in the field of Energy Efficiency and Energy Conservation Measures. The MoU was signed between Bureau of Energy Efficiency, Ministry of Power, Government of India and Department of Energy, Ministry of

MOU signed on collaborative study for ocean-going liquified CO2 carriers

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation, have signed an MOU with Mitsui & Co., Ltd. and Mitsubishi Corporation on the collaborative study for ocean-going liquified CO2 (LCO2)

Startup company Amogy raises funding for zero emission shipping solutions

Amogy, an American startup focused on developing ammonia-powered ships, has raised $139m in funding in a round led by South Korean conglomerate SK Innovations. Other investors include Singapore’s state holding company Temasek, the corporate-venture arm of oil giant Saudi Aramco, plus the investment firms AP Ventures and DCVC. Japan’s Mitsui OSK Lines (MOL), one of

CB&I, DSME sign MoU for feasibility study of liquid hydrogen carrier

CB&I will evaluate its liquid hydrogen storage tank design for ocean-going ships, and DSME will investigate and develop the ship’s general design to install the liquid hydrogen storage tank. CB&I, McDermott’s storage business line, and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have signed a memorandum of understanding (MoU) for a feasibility study of

Maersk signs MoU with Egypt on green fuel production

Maersk and Egyptian authorities have signed a partnership agreement to explore the establishment of large-scale green fuel production in Egypt. The Memorandum of Understanding (MoU) was signed on Monday in a joint bid to further accelerate the supply of green fuels and the global transformation to net-zero shipping. The parties will be conducting a feasibility

MAN and DNV sign MoU on decarbonisation and digitalisation

MAN Energy Solutions and classification society, DNV, signed a Memorandum of Understanding (MoU). Effective immediately, the MoU is due to run for a period of three years. Under the terms of the memorandum, the two companies will – by June 30th, 2022 – detail action plans within the fields of decarbonisation, the hydrogen value-chain and