Bunker Holding, one of the world’s leading marine fuel suppliers, has now secured biofuel availability in more than 80 ports around the world, catering to last mile delivery. With the recent adoption of the FuelEU Maritime regulation, the entering into force of the IMO CII, and the inclusion of shipping in the EU ETS just
Mining giant Vale signed a protocol of intent with Petrobras to develop low carbon solutions, taking advantage of the technical expertise of both companies and their synergies. The partnership is for a two-year period and will assess joint decarbonization opportunities, including the development of sustainable fuels—such as hydrogen, green methanol, biobunkers, green ammonia and renewable
Essar had announced the proposed construction of the EET Industrial Carbon Capture plant at the Stanlow Refinery in November 2022. Essar Oil UK, owned by Shashi and Ravi Ruia, said it was in talks with the British government on deferring VAT payments. Essar Oil UK Limited (EOUK) said it has selected Mitsubishi Heavy Industries Ltd
Capital injection from SWEN Capital Partners has accelerated green fuels producer ETFuels towards reaching its 2030 goal of 1.4m tonnes of green methanol production for the shipping industry and other end-markets. The injection of capital into ETFuels was made from SWEN Impact Fund for Transition 2 (SWIFT 2), a European impact strategy dedicated to renewable
Japanese shipowner Mitsui OSK Lines (MOL) has partnered up with EDF Renewables, a subsidiary of France’s utility EDF, to cooperate on the development of the offshore wind sector and to pursue opportunities in green hydrogen. MOL established its offshore wind business in 2021 and has since been growing its marine renewables footprint with a number
Swiss-based commodity trading giant Gunvor has formed a joint venture with Norwegian gas shipowner to own and operate five LPG carrier newbuilds designed for onboard carbon capture. The JV has placed an order at South Korea’s Hyundai Heavy Industries with deliveries scheduled from September 2026 to July 2027. All five vessels will be on long-term
The 13th edition of INMEX SMM India in collaboration with Hamburg Messe und Congress commenced at the Bombay Exhibition Centre, Goregaon East, Mumbai. With over 200 exhibitors, this event stands as South Asia’s largest maritime exhibition and conference. It offers a platform for global experts, industry players, and enthusiasts to converge, innovate, and address the
Båtbygg AS has placed an order with Brunvoll for a complete propulsion and manoeuvring solution for Austral Fisheries new longline fishing vessel. The vessel is designed by Marin Teknikk AS for operation in the Antarctic Ocean, surrounded by some of the world’s harshest weather conditions. The propulsion and manoeuvring solutions chosen for this vessel consists
Indian Oil Corporation has firmed up plans to pump in over Rs 2,600 crore in setting up several greenfield units and expanding its facilities across the northeast over the next few years. The board of IOC has already approved various new projects, while some are in the process of getting the nod, with the leading
INMEX SMM India, South Asia’s most awaited maritime event is back with its 13th edition from 4th to 6th October 2023 at the Bombay Exhibition Centre, Mumbai. With 200+ exhibitors, it’s renowned as a central hub for maritime growth, knowledge exchange, and innovation. While leveraging India’s strategic location along major shipping routes and its extensive