Kawasaki Kisen Kaisha (K Line), together with Itochu, Nihon Shipyard, Mitsui E&S Machinery, and NS United Kaiun Kaisha have obtained an approval in principle (AiP) from classification society, Nippon Kaiji Kyokai (ClassNK) for the design of a 200,000-dwt ammonia-fuelled newcastlemax bulk carrier. The vessel was developed by Nihon Shipyard with government backing. K Line said
The ongoing redrawing of the seaborne energy trading map in the wake of the war between Russia and Ukraine is making for some extraordinarily long journeys. Woodside Energy Group announced today it has shipped an LNG cargo direct to Europe from Australia’s North West Shelf project for the first time. The 75,000 tonne cargo was
ReNew Power, India’s largest renewables company, will invest $8bn in a green hydrogen plant in the Suez Canal following an agreement with the Egyptian government. A green hydrogen plant is planned for the Suez Canal, following a 15 November 2022 framework agreement signed by ReNew Power, India’s largest renewables company, and the Egyptian government. A
Mitsubishi Heavy Industries, Ltd. (MHI) and Thailand’s Electricity Generating Authority of Thailand (EGAT) have signed a Memorandum of Understanding (MoU) to study and exchange information relating to clean power generation, hydrogen, carbon capture, utilisation and storage (CCUS) technologies. The MoU was signed in support of Thailand’s of achieving carbon neutrality by 2050. Set to take
Union minister Nitin Gadkari said all vehicles belonging to the Indian government that have completed 15 years will be scrapped, and a policy to that effect has been sent to states. He was speaking at the inauguration of the annual ‘Agro-Vision’ agriculture exhibition here. Addressing the gathering, Gadkari said two plants of the Indian Oil
Australia and New Zealand Banking Group Ltd (ANZ) said it had earmarked A$100 billion (US$67.63 billion) to help its customers lower carbon emissions by 2030, as the lender looks to accelerate its transition to net zero. Part of the amount will be used for initiatives, which include facilitating concessional loans for businesses to buy energy-efficient
Rice University researchers have engineered a key light-activated nanomaterial for the hydrogen economy. Using only inexpensive raw materials, a team from Rice’s Laboratory for Nanophotonics, Syzygy Plasmonics Inc. and Princeton University’s Andlinger Center for Energy and the Environment created a scalable catalyst that needs only the power of light to convert ammonia into clean-burning hydrogen
The EY organization and Microsoft have announced a deepened strategic relationship to further develop environmental, social, and governance (ESG) data management offerings that support clients with achieving operational decarbonization and net-zero goals. EY said in a statement that through this commitment, EY and Microsoft will address a host of sustainability needs through technology, including improving
Gujarat will become the world’s biggest green hydrogen hub and will attract investments worth ₹8-10 lakh crore from across the world for the development of green hydrogen and its ecosystem, said Prime Minister Narendra Modi at a rally in Bhavnagar. Modi stated that in the coming years, the world order for energy will change drastically
A new source of Russian crude has emerged for India – the West Arctic Ocean. This new activity which has only been seen this year, started around March on aframax and suezmax tankers, as data from energy analytics firm Vortexa shows. Aframax tonne-miles out of the West Arctic Ocean were typically directed towards Europe, something