Global adoption of just-in-time (JIT) port arrivals in the container shipping sector has the potential to diminish emissions by 5%. This reduction translates to roughly 17m tonnes of CO2 emissions annually, according to a recently published white paper. The ‘Untapped Potential of Just-In-Time Port Arrivals’ white paper is based on findings of field trials conducted
Yara Growth Ventures and Navigator Holdings Ltd. lead investment round of 5.4 million EUR (around 5.7 million USD) in Azane Fuel Solutions AS ammonia bunkering startup, to commence construction of the first of 15 bunkering units. OSLO and LONDON, October 25, 2023: Yara Growth Ventures AS, the venture investment arm of Yara International ASA (together,
Tenaga Nasional Bhd (TNB) and Siemens Energy are set to embark on green hydrogen initiatives after signing a memorandum of understanding (MoU) in August of this year. Their collaboration focuses on expediting the decarbonization of TNB’s thermal power plants by using green hydrogen generated from renewable energy sources. TNB will employ electrolysis and renewable energy
easyJet has announced the completion of its fleetwide retrofit, which has seen Airbus’ Descent Profile Optimisation (DPO) state-of-the-art technology now fitted on all of its aircraft, alongside Continuous Descent Approach (CDA) for compatible, newer aircraft in the easyJet fleet. Descent Profile Optimisation (DPO) is a fuel-saving initiative which updates the Flight Management System (FMS) to
The Uttar Pradesh government has cleared a dozen private sector bioenergy projects worth Rs 550 crore, adding to the state’s green energy basket. The projects pertain to the production of over 90 tonnes of compressed biogas (CBG) and 44 kilolitres (kl) of biodiesel per day across the state. The bioenergy projects were approved by a
Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024. From early next year, Vitol through its wholly-owned subsidiaries V-Bunkers and Vitol Bunkers will be able to offer a range of biofuel blends, from B24, B30 and even up to B100 if customers request
US oil major Chevron announced has entered into a definitive agreement with compatriot Hess Corporation to acquire all outstanding shares of the company in an all-stock transaction valued at $53bn. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The acquisition consideration is structured with 100%
The Maritime and Port Authority of Singapore (MPA) will become the first port in the world to implement electronic bunker delivery notes from the start of next month. Currently, the maritime industry relies on physical bunker delivery notes, a standard document required by the International Convention for the Prevention of Pollution from Ships that contains
Tata Motors unveiled two state-of-the-art, new-age R&D facilities for offering sustainable mobility solutions. They constitute an engine test cell for development of an hydrogen internal combustion engine and the necessary infrastructure for storage and dispensing of hydrogen fuel for the Fuel Cell and H2ICE vehicles. It plans to indigenously develop hydrogen-fuelled, zero-emission propulsion systems at
Leading classification society, the Indian Register of Shipping (IRS), and Hindustan Shipyard Ltd (HSL) have achieved a remarkable milestone by successfully completing the renewal survey of the ONGC Drill Ship Modu Sagar Bhushan under the management of Shipping Corporation of India (SCI). As part of the extensive scope of work for this project, more than