Ascenz was selected by a major ship-owner based in Mexico to equip a tanker with its Electronic Fuel Monitoring System (EFMS). This digital solution will enable the ship-owner and the charterer to monitor and optimize the vessel’s economic and environmental performance. The implementation of the EFMS on the tanker is part of the requirements imposed
AiDash has released its Carbon Offsetting in 2023 study that shares key findings from a global survey of more than 500 senior sustainability officers revealing sustainability strategy, carbon management planning, GHG emissions reporting, and more. The study found the majority of businesses will struggle to meet netzero goals without the use of carbon credits, but
Australian researchers have found a way to more effectively convert sugarcane into the building block of aviation fuel, and other products like rubber and plastics. Sugarcane (and its waste product) is one of the crops that has shown promise in being turned into ‘biofuel’, which could one day lower aviation’s reliance on fossil fuels. The
Vessel designer Chartwell Marine has won of a £320,000 Innovate UK Smart Grant which will enable Chartwell and consortium partners — Boat Electric & Electronics and Engineered Marine Systems — to develop and test the feasibility of “a market-first” methanol-fuelled vessel design. The vessel will be used for applications in the offshore wind, commercial workboat,
Foreign brokerage Jefferies, which has a base case target of Rs 3,100 on Reliance Industries (RIL), said EU and India’s 2030 green hydrogen (H2) targets translate into a $74 billion total addressable market (TAM) for RIL’s electrolyzer manufacturing business. In a report, Jefferies said RIL would replace gray H2 with green at its refineries and
Gautam Adani’s group said it will deploy hydrogen fuel cell operated trucks for mining logistics and transportation as part of its decarbonization plan. This collaboration marks Asia’s first planned hydrogen powered mining truck. While AEL will lead the demonstration project, Ballard — an industry leading PEM fuel cell engine manufacturer — will supply the FCmoveTM
ClearFlame Engine Technologies, is proving companies don’t need to choose between their bottom lines and hitting ESG targets. ClearFlame is cleaning up existing assets through engine modification to decrease fleets’ carbon footprints, while at the same time saving them money on operating costs and offering the same performance drivers are used to. The company’s solution
The Union Cabinet has approved the National Green Hydrogen Mission to promote green hydrogen in a bid to cut emissions and become a major exporter in the field. The move is aimed at making India the global hub for the production of green hydrogen and achieve netzero carbon emissions by 2070. Hydrogen, made by splitting
The maritime sector accounts for approximately 2.9% of global carbon emissions, and it is the largest vessels, such as sea-going cargo vessels, which tend to make the greatest contributions. While it is prosaic to say no single ‘silver bullet’ exists for marine decarbonization, multiple solutions are emerging and IDTechEx sees fuel cells, powered by green
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said that it has bagged a 971.4 billion-won (US$784 million) order to build three liquefied natural gas (LNG) carriers from an Oceanic shipper. KSOE said Hyundai Heavy Industries Co., one of its three affiliates, will build the 200,000-cubic-meter LNG vessels at its shipyard in the southeastern port of