Technology group Wärtsilä has signed a Technical Management Agreement with China LNG Shipping (International) Company Ltd. (CLSICO). The 15-year agreement will ensure operational reliability and provide maintenance planning flexibility for the ‘Dapeng Princess’, the world’s largest shallow draft LNG carrier. The agreement took effect from and was booked as order intake by Wärtsilä in July
Amid the fierce competition throughout the globe to develop hydrogen mobility technologies to achieve carbon neutrality, a new technology for a 2-liter class hydrogen-fueled engine (a passenger car hydrogen engine) capable of running entirely on hydrogen has been developed for the first time in the country. The joint research team led by Principal Researcher Young
ABS has awarded Jiangnan Shipyard approval in principle (AIP) for its BrilliancE II IMO Type B cryogenic liquefied gas containment system for very large ethane carriers (VLEC). The BrilliancE II advances the original BrilliancE system first seen in the ABS-classed VLEC Pacific Ineos Belstaff, which was launched at Jiangnan Shipyard in 2021. “We have proudly
Fukui Seisakusho Co., Ltd. (FUKUI) and ClassNK have signed a Memorandum of Understanding concerning a joint study on a safety relief valve for a cargo tank of liquefied hydrogen carriers at the “Gastech2023” held in Singapore. To combat global warming, attention is growing towards hydrogen as an energy source that does not emit CO2 at
Korea Institute of Machinery and Materials (KIMM) has announced the publication of a ‘Research Report of Material Compatibility for Liquid Hydrogen Storage on Marine Application’, in collaboration with the Korean Register (KR). This report provides detailed technical information on materials suitable for on-board liquid hydrogen systems. Following the recent resolutions at the IMO’s MEPC 80
The Union Cabinet approved a ₹3,760 crore viability gap fund (VGF)—grants aimed at enhancing the viability of infrastructure projects—for battery energy storage systems (BESS), in a boost for the renewable energy sector that banks on storage when green power generation is low or down. Under the scheme, the government will provide financial support of up
As per the MoU, the two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities to evaluate and co-develop short and long-term options for energy efficiency, decarbonisation, and circularity. The global steel industry contributes between 7 to 9 percent of global fossil fuel CO₂ emissions, according to various sources, including
In an attempt to make construction an eco-friendlier business, many players in the industry are coming up with various innovations to curtail the effects led by traditional construction approaches. Awareness about sustainability and policies designed to ensure environmental consciousness has led many companies to put these factors at the forefront of their operations. This includes
Abu Dhabi National Oil Company (ADNOC) said it had reached a final investment decision to develop the Habshan carbon capture project. The carbon capture, utilisation and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million metric tons of carbon dioxide a year, ADNOC said in a statement. ADNOC brought forward
The United Nations Development Programme (UNDP) could expand its sustainable business partnerships that connect private CSR funds with government development needs, said Isabelle Tschan, UNDP’s Deputy Resident Representative in India. Tschan pointed to the Akanksha CSR Facilitation platform, which was set up in collaboration with the government of Karnataka and helps match private funds to