Engine maker Caterpillar announced it is investing to develop methanol engine technologies as the commercial maritime sector continues to engineer and implement new solutions to reduce emissions. The company called the cleaner burning fuel a key to decarbonization in the marine industry. Compared to conventional fuels, methanol produces fewer emissions such as SOx, NOx and
Refineries in Pakistan declined the government’s call to raise output to ward off possible fuel shortages down the road as world oil markets are far from stable, citing multiple challenges including cash flow constraints. Local refineries in Pakistan after a meeting with Petroleum Division high-ups expressed their inability to increase production citing cash flow and
China’s Zhejiang Geely Holding Group started testing three methanol-powered vehicles in Demark with a goal of selling the vehicles in European markets. The three models, two Geely-badged Emgrand compact sedans and one Farizon-brand M100 heavy-duty truck, will undergo testing for 15 months. The methanol vehicles have already been tested and passed China’s State VI emissions
Mr. Vijay Arora, Managing Director, Indian Register of Shipping (IRS), in an exclusive interview with Future Fuels, reveals how IRS is helping ship owners to face the existing vessel certification challenges and elaborates on the short-, mid-, and long-term measures on path to decarbonisation. Q. What are initiatives taken by IRClass to help Indian ship
Australia iron ore billionaire Andrew Forrest has struck a potential $50 billion green hydrogen agreement with German energy giant E.ON to produce up to five million tonnes of green hydrogen by 2030. The landmark agreement could deliver one third of Forrest’s hugely ambitious plans to produce 15 million tonnes of green hydrogen by 2030, a
Green corridors – cited by many decarbonisation experts as the best hope for fast-track shipping’s path to zero emissions – have been given a significant boost with news that the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has established the European Green Corridors Network with the port authorities of Hamburg, Gdynia, Roenne, Rotterdam, and
As Germany attempts to reduce its dependence on Russian gas, the strong fumes from manure and other organic waste on farms could act as an alternative energy source. An hour’s drive west of Berlin, a strong smell emanates from three large cylinders in the middle of a muddy field on Kaim’s property, which is shared
Support is growing for Mikal Bøe-led Core Power, a high-profile developer of nuclear propulsion for merchant ships. First launched in 2018, Core Power today can boast 49 shipping companies as backers of the UK firm, a grouping made up of owners, operators and managers who, combined, control more than 4,000 ships. James Marshall-led Berge Bulk
G2 Ocean, a Norwegian bulk shipping joint venture between Gearbulk and Grieg Star, has committed to becoming net zero emissions by 2050 and to bring in zero emission vessels by 2030. The company said that in addition to the reduction of greenhouse gas emissions per transported unit by a minimum of 40% by 2030 from
The Ukraine conflict has focused politicians’ minds on the need to reduce reliance on Russian hydrocarbon supply and ensure greater energy security. This goes hand-in-hand with an acceleration of the build-out of renewables and electrification of transport – both of which call for ready availability of energy transition metals. But producers are finding themselves in