The orderbook for methanol fuelled ships has grown rapidly with owners and operators specifying the fuel for use on ships from the largest container ships to small pilot boats.
Eesti Gas, which is branded internationally as Elenger, said in a statement issued on May 25 that it has “committed to bring 14 LNG cargoes from different suppliers to its customers by the fall and plans to add some more in the fourth quarter.”
The Oslo-listed company will carry out extensive engineering studies to identify the optimum technology solution and a suitable offshore site, as well as outline a business case.
The company said the shipment, requested by one of its customers, illustrated the ease to switch to the drop-in biofuel bunkers, resulting in a 68% reduction of greenhouse gas emissions on the voyage.
This day in India was established by the Ministry of Petroleum and Natural Gas in an effort to lessen the nation’s reliance on crude oil as a source of energy. The first World Biofuel Day was held on August 10, 2015, and in 2023, we will celebrate its ninth anniversary.
Lloyd’s Register said, however, that 11 vessels of the Indian shipping firm it had been declassifying were certified by the Indian Register of Shipping (better known as IRClass).
EIL is constructing the country’s first biorefinery, and will use bamboo to produce ethanol and is moving into green hydrogen and sustainable aviation fuel (SAF)
The announced projects represent $320 billion investments through 2030. While renewable generation is projected to reach 80 per cent of the global energy mix by 2050, this will require annual investments in energy supply and production of circa $1.5 trillion by 2035.
The onboard battery system is based on PowerX’s proprietary module design, featuring lithium iron phosphate (LFP) battery cells designed to have a lifespan of over 6,000 cycles.
The deal will focus on the use of hydrogenated vegetable oil (HVO) biofuel produced by Eni as well as low-carbon energy carriers such as blue or green hydrogen and ammonia.