India’s national emissions trading system should begin operating within two years and could cover about 15% of the country’s emissions by 2030, according to an official involved in the preparations. The market is likely to initially cover heavily polluting industries including steel, cement, paper and pulp, petrochemicals and aluminum, subject to their readiness, said Abhay
A new study suggests nearly a third of ports worldwide are unprepared to adopt the International Maritime Organization’s (IMO) maritime single window (MSW) mandate which becomes compulsory on January 1 next year. As from the start of 2024 every port is now mandated to have a single window system for digital information exchange between stakeholders
A new report has revealed that while it is possible for scalable zero-emission fuels to make up 5% of international shipping fuels by 2030 – shipping’s breakthrough target – the window of opportunity will close soon, and rapid action is required from the industry. The report named “Climate Action in Shipping, Progress towards Shipping’s 2030
Renewable energy will be more important to shipping’s climate goals than any other fuel feedstock, according to a survey of 200 maritime decision-makers. The ‘E-Fuels in the Shipping Industry’ survey, conducted by market researcher mo’web and commissioned by Accelleron, identifies the huge potential and some of the key challenges that ship owners and operators face
The Ministry of Petroleum and Natural Gas Ministry has asked OMCs to submit a detailed plan to increasingly adopt green hydrogen and provide a leg-up to their energy transition plans. Public-sector undertakings (PSUs) under the ministry target to produce more than 1 million tonnes (mt) of green hydrogen by 2030. Refineries in the country already
Japanese classification society ClassNK has crunched the numbers to work out the volume of ships yards will have to churn out in order to comply with the indicative checkpoints agreed at this year’s new International Maritime Organization greenhouse gas (GHG) targets. In short, 80m gt of zero-emissions vessels will need to be handled by shipyards
James Marshall-led Berge Bulk has shown off its retrofitted newcastlemax bulker, Berge Olympus, which now houses four BARTech WindWings by Yara Marine Technologies. The WindWings installation is part of Berge Bulk’s ambition to become carbon neutral by 2025 with the shipowner claiming today the Berge Olympus is the world’s most powerful sailing cargo ship. With
Researchers have developed an advanced platinum nanocatalyst that significantly improves hydrogen production efficiency. This breakthrough hybrid catalyst showcased enhanced activity and stability, with potential applications for hydrogen-powered vehicles. According to data from the Ministry of Land, Infrastructure, and Transport of Korea, there were approximately 30,000 hydrogen-powered vehicles registered by 2022, representing a threefold increase compared
Inditex, parent company of fashion brands such as Zara and Massimo Dutti, has partnered with the freight group Maersk to reduce its global greenhouse gas (GHG) footprint from seaborne logistics by incorporating alternative fuels in all its inbound routes with the carrier. Through the ECO Delivery Ocean programme, Maersk replaces fossil fuels on its ships
India and Saudi Arabia have agreed to jointly develop electrical interconnections and low-carbon hydrogen. The Indian government said the two sides aim to establish a general framework for cooperation in the field of co-production of green/clean hydrogen and renewable energy. The MoU was signed in Riyadh, Saudi Arabia by union minister for power and new