The US imposed the first sanctions for violations of the price cap on Russian oil introduced by the Group of Seven 10 months ago with sanctions placed on two firms and two vessels The US Treasury Department sanctioned United Arab Emirates-based Lumber Marine, the registered owner of SCF Primorye, and Turkey’s Ice Pearl Navigation Corp,
India has been accelerating efforts to achieve 20 percent ethanol blending with petrol by 2025 in a bid to reduce reliance on crude oil imports. India is looking to benefit by taking a leaf out of the techniques used by the Latin American nation for ethanol blending. India aims to reduce its dependence on crude
The world’s first LNG-fuelled panamax bulk carrier has started operating. The coal carrier, owned by Nippon Yusen Kaisha (NYK) and on charter to Kyushu Electric Power (Kyuden), was built at Oshima Shipyard and is called Shoyo. The ship’s first LNG bunkering took place yesterday. LNG is shipping’s top alternative fuel today, with methanol beginning to
A memorandum of understanding (MoU) has been signed by the city of Rotterdam and the city of Oslo to create a new green corridor for short sea shipping that will be served by Samskip’s next generation green hydrogen-fuelled SeaShuttle box ships. Two Samskip next generation zero-emission SeaShuttles will be utilised to service the new green
Korea Shipbuilding & Offshore Engineering, a member of HD Hyundai Group, has invested $48m in fuel cell developer Elcogen. HD Hyundai’s investment follows an extensive period of testing the full range of technology available in the market, following which an R&D collaboration agreement was signed with Elcogen in January 2023, which was focused on further
Belgium-based shipping and cleantech company CMB.TECH and Dutch full-service provider of power solutions DBR have partnered up to develop what is said to be the first dual-fuel hydrogen gensets for marine applications, aiming to accelerate the decarbonization of the maritime industry. DBR offers expertise in energy solutions for marine and offshore applications, while CMB.TECH focuses
One of the primary goals of bioprocess engineering is to increase the yield of the desired material while maintaining high production rates and low raw material utilization. This optimization is usually accomplished by controlling the behavior of microorganisms used in the process and ensuring that their biological capabilities are fully utilized. This control may be
India is the second-largest producer of steel and cement in the world, and both are emission-intensive hard-to-abate industries “India’s Existing Steel And Cement Plants Will Require Rs 47 Trillion ($ 627 Billion) In Additional Capital Expenditure (CAPEX) To Achieve Net-Zero Carbon Emissions,” The Council On Energy, Environment And Water (CEEW) Report Said. The domestic steel
The Ministry of New and Renewable Energy unveils Rs 400 cr plan for the national green hydrogen mission. The Ministry of New and Renewable Energy has unveiled a comprehensive research and development (R&D) roadmap for the national green hydrogen mission. To facilitate the commercialization of green hydrogen, the Ministry has earmarked Rs 400 crore for
India’s Numaligarh Refinery Ltd (NRL), a subsidiary of explorer Oil India (OILI.NS), plans to start ethanol production at its biorefinery in the northeastern state of Assam from March, the company’s managing director Bhaskar Phukan said on Tuesday. India, the world’s third biggest consumer and importer of oil, is aiming to reduce its crude oil consumption