The European Commission launched its NetZero Industry Act legislation that could see carbon capture technology rolled out more rapidly to ships. With the NetZero Industry Act, the European Commission will reduce the administrative burden and simplify permit-granting processes for renewable energy projects, accelerate the use of CO2 capture and storage and improve conditions for investment
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is converted into hydrogen and graphite with a liquid catalyst. The TCD process significantly
Brokers and owners are starting to observe the impact of energy efficiency regulation, particularly regarding the risks now associated with vessels which are operating in band E of the January 1 introduced Carbon Intensity Indicator (CII). The effects are most prominent in the tanker market, followed by dry bulk. Accordig to online pricing portal VesselsValue,
Medtronic is joining 4,600+ organizations worldwide that are leading the challenge to become carbon neutral by setting ambitious emissions reduction targets grounded in climate science through the Science Based Targets initiative (SBTi). The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wildlife Fund for Nature
Taking another leap towards making cleaner energy sources available, affordable and accessible for all, Buyofuel has entered a partnership with Sai Vasudev Briquettes. Under this partnership, the company, which is India’s leading online marketplace for green fuels, will make environment-friendly biomass briquettes available for buying and selling on its platform. Notably, Buyofuel has built a
Canada’s first Indigenous majority-owned LNG facility received its environmental assessment certificate (EAC) from the British Columbia Environmental Assessment Office. It also received a positive decision statement from the federal Minister of Environment and Climate Change. Cedar LNG is a proposed floating LNG facility located on Haisla Nation-owned land in Kitimat, B.C., with the capacity to
Newfoundland’s Port of Argentia has secured its second major contract in support of US offshore wind development. The port will serve as a marshalling yard for monopiles that are to be installed at project fields off the East Coast of the US. Monopiles will be transported from the port dock to a bonded storage marshalling
Cummins showcased its new fuel-agnostic 15-liter engine platform with hydrogen, natural gas and advanced diesel engines offering low-to-zero carbon fuel capability. The next-generation engine is designed to accelerate the decarbonization of heavy-duty off-highway applications. Cummins’ all-new platform takes internal combustion to a new level, capable of meeting future ultra-low emission standards, such as EPA Tier
The Japanese government has signed a letter of intent with the governor of California to establish a green shipping corridor over the Pacific. The agreement signed between governor Gavin Newsom and the Ministry of Land, Infrastructure, Transport and Tourism of Japan will also look to commercialise zero-emission fuels. Other green corridor pacts have been signed
Several research teams are now reporting advances in producing hydrogen directly from seawater, which could become an inexhaustible source of green hydrogen. Today, nearly all hydrogen is made by breaking apart methane, burning fossil fuels to generate the needed heat and pressure. Both steps release carbon dioxide. Green hydrogen could replace this dirty hydrogen, but