Bermuda-based bulk carrier company Himalaya Shipping has signed time charter agreements for two of its LNG dual-fuel vessels currently under construction at New Times Shipyard in China. According to the company, the vessels will commence a two-year time charter with “an evergreen structure” upon delivery from the shipyard in the first half of 2024. The
South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through the creation of a hydrogen fuel-cell electric vehicle (FCEV) E-WAY H2. The two partners showcased their jointly developed hydrogen-powered city bus at Busworld Europe 2023, the world’s largest bus exposition opened in Brussels, Belgium. The
India and Saudi Arabia have signed a Memorandum of Understanding (MoU) for grid interconnections, green/clean hydrogen, and the supply chain for the same. The MoU was signed by the union minister for power and new & renewable energy, R K Singh, and the minister of energy, Government of Saudi Arabia, Abdulaziz bin Salman Al-Saud on
ADNOC said its Ruwais Refinery has received International Sustainability Carbon Certification (ISCC) for the production of sustainable aviation fuel (SAF) – making it the first company in the Middle East to earn the distinction. The ISCC EU/CORSIA PLUS Co Processing international certification enables ADNOC to supply its SAF to international airlines at Abu Dhabi Airport.
Seafaring is set to change significantly over the coming decades as the maritime industry pursues decarbonisation goals — bringing in changes to the fuels bunkered and used onboard, scaled up technology and digitalisation, and a greater incorporation of automation onboard vessels of all types. These changes will significantly impact seafarers and their workplaces, yet crew
In a significant advance for the regional Liquefied Natural Gas (LNG) industry, Seaspan and AES, sign a Memorandum of Understanding (MoU) that contributes to the development of sustainable energy solutions for the maritime industry. In the framework of the 3rd International LNG Global Forum, held in Cartagena, Colombia, Seaspan has signed a Memorandum of Understanding
Russia has warned it will oppose a global deal to reduce the use of fossil fuels, as tensions with western powers following Moscow’s invasion of Ukraine threaten to derail this year’s UN climate summit. The US and EU member states are among a large group of countries calling for a timeline to phase out the
Port of Rotterdam said it will offer a substantial port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the recently announced Zero Emissions Maritime Buyers Alliance (ZEMBA) and recognising front runners in the road to maritime decarbonisation. ZEMBA, an initiative of coZEV, recently launched a request for proposals for the transport of
Climate change accelerates the need of electrification transition and future CO2 regulations on transport of goods and access to cities are drastically transforming the logistic ecosystem. The professional customers already face increasing pressure on cost of usage, need for electrified, safer and fully connected vehicles with their business. By 2030, the European market for electrified
INEOS Inovyn has achieved a new ISCC certification to become the ‘first’ European company to have its renewable hydrogen fully audited with greenhouse gas (GHG) gas data certification. Expected to be Europe’s largest operator of electrolysis technology in Europe, producing 60,000 tonnes of low-carbon hydrogen annually across its portfolio, the company will now provide added