Boundary Layer Technologies announced that key Fortune 500 companies will become launch partners for its zero-emission freight service launching in 2025. The plan is to operate high-speed, hydrogen-powered hydrofoil cargo ships called ARGOs. Boundary Layer Technologies claims it will be able to offer zero-emission transit alternatives to air freight at half the price, with only
The Inflation Reduction Act passed by the US Senate includes $369bn in investments to advance America’s clean-energy programs, including offshore wind development and projects to reduce emissions at the country’s maritime ports. Three billion dollars have been earmarked over a five-year period for port electrification. The funds cannot be used to automate container terminals. The
Nippon Yusen Kaisha (NYK) has moved to retrofit its liquefied natural gas (LNG)-fuelled tugboat to run on ammonia fuel. Yokohama-based Keihin Dock Co., part of NYK Group, will carry out the modifications on the Sakigake it built in 2015. The vessel, which operates in Tokyo Bay for another NYK Group company, Shin-Nippon Kaiyosha Corporation, should
UK oil refiner Prax Group is expanding its bunkering fleet with the acquisition of the 2020-built product tanker Fortuna II. The 68 m long Fortuna II can carry very low sulphur fuel oil (VLSFO) and marine gas oil, and is able to supply bunkering services in ports right along the UK coast and in northwestern
Centrica Plc, Britain’s largest energy supplier, has signed a 7-billion-pound ($8.47 billion) agreement with US-based Delfin Midstream Inc to buy liquefied natural gas (LNG) from 2026. Centrica, which owns British Gas, said the 15-year deal would be worth around 7 billion pounds and involve buying 1 million tonnes of LNG per annum on a free
ESG reporting means revealing environmental, social and corporate governance data. The purpose of ESG Reports is to throw focus on a company’s ESG activities and improving investor transparency while inspiring other organizations to do the same. Of late, corporate leaders are facing conflicting signals with regard to environmental, social, and governance reporting, which has generated
Lok Sabha passed a bill seeking to promote the use of non-fossil fuels, including ethanol, green hydrogen and biomass. The bill is also aimed at helping the country achieve its international commitments with respect to climate change goals. The bill was passed by the House after rejecting amendments moved by some Opposition members. Among other
Indian Prime Minister Narendra Modi will dedicate to the nation a second generation (2G) ethanol plant tomorrow. The plant was built at an estimated cost of $11.31 million (Rs 900 crore) in Haryana’s Panipat. The dedication of the plant is part of a long series of steps taken by the government over the years to
The US Senate passed the Inflation Reduction Act, 51-50, after Vice President Kamala Harris provided the tie-breaking vote. The bill contains five years of dedicated Sustainable Aviation Fuel tax provisions aimed at incentivizing production of the renewable jet fuel. The climate, healthcare and tax package now will move to the US House of Representatives, and
Maire Tecnimont has announced that its subsidiary MyRechemical, NextChem’s company dedicated to waste-to-chemical technologies, has been awarded a basic engineering contract by Alia Servizi Ambientali for a methanol and hydrogen from waste plant in Empoli in Tuscany. The scope of the work includes the basic engineering of the plant and the documentation necessary to start