DB Schenker is the first logistics company to turn its entire LCL volumes with CMA CGM to regular carbon-free production. The company has signed a purchase contract for over 2,500 tons of biofuel with CMA CGM, a global leader in shipping and logistics, which is more than required to transport all LCL (Less-than Container Load).
Electronic Vehicles (EVs) are dubbed as the future as the near total reliance on fossil fuels for automobiles is wringing a huge cost out of the environment. The heat is being felt all across the global automotive industry. India is quite a new entrant in this segment, and within a few years, and out of
India’s commitment of net-zero emissions by 2070 at the COP26 has set in a sudden urgency for climate action with its ripples being felt in every corner of the world as many more countries also pledged their net zero targets. The historical Union Budget this year with it’s strong focus on climate action, further placed
The unfolding war in Ukraine and a wave of Western sanctions have started to affect oil product flows in Russia. Last week Russia closed all ports in the Sea of Azov due to risks that ships there could come under fire from Ukrainian forces. At the same time Belarus is poised to reroute its oil
Denmark’s Celsius is pressing forward with its fleet renewal plan, having placed an order for two methanol-ready feeder containerships at Penglai Jinglu Ship Industry in China. The 3,000 teu newbuilds, expected to be delivered in the fourth quarter of 2023, will be in full compliance with EEDI Phase III and CII until 2030. No price
Countries and companies have been accelerating their commitments to achieve net zero by 2050. But reaching that target is much easier said than done. What would it take to get there? The short answer: a substantial change in spending and a significant shift in mindsets. Our latest research estimates cumulative spending of $275 trillion globally
The European Commission will next week propose plans to reduce Europe’s reliance on imported gas from Russia and make countries’ energy systems more resilient to supply shocks or price spikes. The invasion of Ukraine by Russia, the European Union’s top gas supplier, has sharpened concerns over supply disruptions and increased scrutiny of countries’ reliance on
The Methanol Institute represents the world’s leading producers, distributors, and technology companies. Founded in 1989 in Washington, it now has five offices around the world in Singapore, Washington, Beijing, Brussels, and Delhi. TotalEnergies Marine Fuels is TotalEnergies’ dedicated business unit in charge of worldwide bunkering activities. In line with the ambition of reaching net-zero emissions
A new report released this week by the UN’s Intergovernmental Panel on Climate Change (IPCC) looks at the causes, impacts and solutions to climate change. The report gives the clearest indication to date of how a warmer world is affecting all living things on Earth. Here are five things we learnt from it. 1- Things
According to a study boilers emit twice as much CO2 as all power stations. Industrial steam boilers are used to generate steam for process applications and/or to generate electricity for the plant. Fuels commonly fired in steam boilers are fossil fuels. Harjinder Singh Cheema, Chairman, Cheema Boilers Ltd (CBL), in an exclusive interview with Future