Gunvor, a Swiss-based commodity trading giant, has signed a joint development agreement with US hydrogen producer Air Products to set up a green hydrogen import terminal in Rotterdam port by 2026. The signing of the agreement is an important step towards an investment decision that will be taken as they gain confidence in the regulatory
Saudi Arabian Refineries Company (SARCO), and Christof Global Impact signed two non-binding memoranda of understanding (MoUs) to develop renewable energy projects. The first project is to study an investment partnership to build a refinery producing the ‘biodiesel’ biofuel carbon, which is negative fuel derived from algae through “carbon negative algae oil – sustainable fuel platform”
Shell and CMA CGM have entered into a multi-year agreement on the supply of LNG fuel for CMA CGM ships in the Port of Singapore. As partofthe deal, the LNG bunkering will be executed by FueLNG, a joint venture between a unit of Shell in Singapore and Keppel Offshore & Marine (Keppel O&M). The bunkering
Bureau Veritas (BV) and TotalEnergies have been conducting a joint study aiming at de-risking the use of ammonia as a marine fuel. The study to focus on leak mitigation and treatment. The joint preliminary study evaluated the health and safety risks from ammonia leaks for crew and passengers and pinpointed key safety criteria, broadening the
A green hydrogen production facility planned for Brighton, Tasmania, is progressing with its developer, Countrywide Renewable Hydrogen, owned by ReNu Energy. The Hydrogen Tasmania Brighton Project, as its called, is to be located about half an hour’s drive north of Hobart and is targeting a production of between 430 to 900 kilograms per day, which
Prologis, a Real estate logistics provider, has committed to reaching net-zero emissions by 2040 across its entire supply chain. The company submitted its net-zero emissions target to the Science Based Target initiative (SBTi) for validation. It targets to Reach net-zero emissions from operations (scope 1 and 2) by 2030 and Achieve 100% carbon neutral
Glomfjord Hydrogen has been granted up to NOK 150 million (about $15.2 million) in funding from Enova as one of five maritime hydrogen hubs along the Norwegian coastline. Glomfjord Hydrogen plans to establish a 20 MW hydrogen plant in Glomfjord in Meløy municipality for production of renewable hydrogen to customers in the maritime sector. The
HJ Shipbuilding & Construction (HJSC) bags a $240 billion contract with a European ship owner to build two 7,700 TEU dual-fuel LNG container vessels. The deal also includes an option for the construction of two more ships. With this successful bid of two 7,700TEU container ships, the global shipbuilding company now has 8 container
The Long Beach City Council passed a Ship It Zero resolution. Based on the resolution calls on top maritime importers to commit to making all port calls to the San Pedro Port Complex including the Port of Long Beach on 100% zero-emissions ships by 2030. This resolution unites the nation’s largest ports, Los Angeles and
Maruti Suzuki India considers to go for manufacturing vehicles powered by hybrid technology, natural gas and biofuels. The company prefers to use hybrid technology to produce vehicles in push towards a cleaner future than electric vehicles (EVs). The ace auto maker in India which sells every other car on the nation’s roads, believes EVs aren’t