MAN Energy Solutions has signed a cooperation agreement with HSD Engine Co., Ltd., to deliver its EEXI (Energy Efficiency eXisting ship Index) solutions to MAN B&W-branded low-speed engines manufactured by HSD. These come either as a complete package with an assessment report, or just a standalone OPL (Overridable Power Limitation) solution – depending on customer
MAN Energy Solutions and classification society, DNV, signed a Memorandum of Understanding (MoU). Effective immediately, the MoU is due to run for a period of three years. Under the terms of the memorandum, the two companies will – by June 30th, 2022 – detail action plans within the fields of decarbonisation, the hydrogen value-chain and
China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it seeks to balance energy security and achieve its climate change goals. China, the world’s biggest greenhouse gases emitter, has said its carbon emission would peak by 2030, while it has said it would achieve carbon neutrality by 2060.
Some 377,649 metric tonnes (mt) of marine fuel were sold in Panama last month – 9.7% down on the 418,415 mt registered in February 2021. Last month’s total also represented a 16.4% drop on the 451,664 mt of marine fuel sales recorded in January. A total of 229,359 mt of very low sulphur fuel oil
According to an RBI report, while banks have relatively small exposure to companies that have direct links to fossil fuels, there are hidden risks in the form of companies that have indirect exposure. The RBI has said that lenders need to be alert of industries that are subject to green transition risks as countries across
Responding to Russia’s invasion of Ukraine, the International Energy Agency (IEA) unveiled a 10-point plan recently to slash oil demand in developed economies by about 2.7 million barrels a day within four months. Reducing demand will make it a lot easier to impose tough sanctions on Russian exports, but the proposals also serve the longer-term
Germany and Qatar have reached a long-term energy partnership, a German official has said, as Europe’s biggest economy seeks to become less dependent on Russian energy sources. Russia is the largest supplier of gas to Germany and German economy minister Robert Habeck has launched several initiatives to lessen Germany’s energy dependence on Russia since it
In the wake of Russian invasion of Ukraine countries are scrambling to replace Russian oil, gas and coal supplies with any available alternative fuels. This may fuel the world’s “mutually assured destruction” through climate change, the head of the United Nations warned Monday. U.N. Secretary-General Antonio Guterres said the ‘all-of-the-above’ strategy now being pursued by
In order to reduce the environmental effect of the shipping sector, increasing percentages of bio-components are being blended to marine fuels. In 2017, ISO 8217 6th edition allowed additional Distillate FAME (DF) grades: DFA, DFZ and DFB with a maximum Fatty Acid Methyl Esters (FAME) content of 7.0 v/v%, another potential facilitator of increased water
Researchers at the Department of Chemistry and Pharmacy and the Chair of Thermal Process Technology at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) have succeeded in making invisible hydrogen gas visible to the naked eye in order to prevent the risk of fires and explosions. The key to their research is what is known as supraparticles, tiny particles that