Isuzu Motors and Honda Motor Co announced that they have signed a partnership agreement based on the decision to have Honda develop and supply the fuel cell system for the fuel cell-powered heavy-duty truck Isuzu is planning to introduce to market in 2027. Isuzu and Honda believe that fuel cell technology, utilising hydrogen as fuel
A new study from West Australia – East Asia Iron Ore Green Corridor Consortium suggests ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. The study indicates that the core elements for implementation of a West
Shipbuilder Chantiers de l’Atlantique will equip the first two cruise vessels for MSC Cruises’ latest class of ships with GE Power Conversion’s in-board propulsion system The first ship, MSC World Europa, is now in operation and the second vessel is under construction with delivery due next year. MSC Cruise Management president and managing director Emilio
Kawasaki Kisen Kaisha, (K Line) has fixed a 15-year long-term LNG time charter contract with an option to extend the contract up to 10 additional years with Mitsubishi Corporation subsidiary Diamond Gas International and has signed a shipbuilding contract with Samsung Heavy Industries for a 174,000 cu m LNG carrier. The ship will deliver in
A new satellite called MethaneSAT is set to be launched at the end of this year and will be able to detect and measure methane emissions and leaks worldwide from spring 2024 with unprecedented precision. What is special: there is no government contract and no commercial company behind its development. Rather, the $90 million satellite
Tata Steel Mining Limited (TSML), has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to secure long-term supply of Liquified Natural Gas (LNG) for its Ferro Alloys Plant located in Jajpur, Odisha. The MoU was signed in presence of key officials of TSML and BPCL. As per the MoU, BPCL, India’s
Skarv Shipping Solutions, a joint venture between Peak Group and Grieg looking to pioneer green short-sea dry bulk trades, has received NOK130m from the Norwegian government fund, Enova, to help it acquire three ships for use along the Norwegian coast. The 4,000 dwt vessels will potentially reduce emissions by up to 90% compared to traditional
Egypt signed a joint development agreement with Norway’s Scatec to establish the country’s first green methanol production project in Damietta Port with investments worth around $450 million. The project is the “first of its kind” in Egypt and the Middle East and will “contribute to placing Egypt on the global map of nations that produce
Only half of small businesses (52%) currently have a netzero policy in place – with 22% admitting this is not one of their top commitments among the cost-of-living crisis. The UK government has legislated a netzero emissions target for all sectors of the UK economy by 2050. But with the economic climate impacting the stability
HMM has decided to enter the bidding to acquire its former LNG shipping operation that was spun off a decade ago during the company’s liquidity crisis. The Korea Herald is reporting on Friday that HMM notified IMM Holdings, owners of the gas carrier, of its intent to enter the bidding and to begin a due