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
A joint statement from Gentari and AM Green said the partnership will focus on the production of green ammonia in multiple locations across India, which is expected to accelerate efforts to achieve net-zero targets in India and OECD markets. Exports of green ammonia from this platform to key OECD markets such as Germany, Japan, South
Wallem Group, a leading global maritime partner, is proud to have welcomed two dual fuel vessels, Angleviken and Askviken, into management in the last few months. The two LR2 tankers, delivered by Guangzhou Shipyard International, demonstrate Wallem’s commitment to building its expertise in managing and operating the vessels of the future and being a partner
A leading fuel cell company in China, is set to put 16 hydrogen-powered auto carriers into operation, providing logistics services for enterprises in the country. This fleet will provide integrated vehicle transportation services for Chinese logistics companies, creating the world’s first large-scale demonstration of commercially viable hydrogen-powered auto carriers. The trucks are fully developed, produced
Boskalis has become the latest in a long line of shipowners to sign up for methanol as an alternative fuel for one of its newbuilds. The Dutch dredging and marine engineering firm has contracted compatriot shipbuilder Royal IHC for the construction of methanol-ready and one of the largest trailing suction hopper dredgers in its fleet.
New Hexagon Purus supply agreement ramps up decarbonization of European public transportation sector. Hexagon Purus has received purchase orders for the delivery of hydrogen fuel storage systems to European bus manufacturer Solaris (Bolechowo-Osiedle, Poland), worth approximately €6.4 million. The purchase orders can be viewed in conjunction with the previously announced long-term supply agreement with Solaris
To achieve global net zero goals by 2050, the world has to urgently fast track capturing 7 billion tonnes of carbon dioxide per year, according to Wood Mackenzie research. According to their analysis, the current pace of carbon removal is on course to reach only 2 billion tonnes of CO2 by 2050 (base case scenario).
Argentina’s government will import 10 fuel shipments to guarantee local supply of petrol and diesel after a recent demand spike and shortages, the country’s energy secretariat said. The measure aims to resolve shortages in recent days that led to long lines at service stations in the country to fill up with petrol as well as
Punjab Energy Development Agency (PEDA) signed a memorandum of understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL) for setting up 10 compressed biogas (CBG) projects and other new and renewable energy projects across the state. The MoU has been signed by PEDA Chief Executive Officer Amarpal Singh and Executive Director (Bio-fuels and Renewables) of HPCL,
Billionaire Gautam Adani’s Adani Group is seeking to raise as much as $4 billion to help develop manufacturing plants that would produce low-cost green hydrogen. Adani New Industries Ltd., a wholly owned subsidiary of flagship company Adani Enterprises Ltd., will take the lead raising the money from domestic and international banks and is in early-stage