NYK affiliated company France LNG Shipping SAS has signed a long-term charter contract for a new LNG carrier with EDF LNG Shipping SAS. Scheduled for delivery in 2025 from Hyundai Samho Heavy Industries Co., the newly built LNG carrier will be feature WinGD-manufactured, dual-fuel slow-speed diesel engines. The carrier will also feature an Air Liquide-manufactured
ICS has signed a Partnership Agreement with the International Renewable Energy Agency (IRENA) to support the decarbonisation of the shipping sector and its role in the transition towards a global energy sector based on renewables. The partnership will provide a framework over the next two years for ICS and IRENA to assist with the decarbonisation
Nuclear fuel mining is mining of uranium and thorium, which are widely used nuclear fuels found in the earth’s crust. Especially, uranium is used on a large scale and it is found naturally, with an average concentration of 2.8 parts per million (ppm) in the earth’s crust. Uranium is more abundant than silver, mercury, and
BMW might be aiming to achieve zero-emission mobility, but the carmaker is working on a new generation of petrol and diesel engines, claims a report by Auto Motor und Sport. The report claims that this new generation of petrol and diesel six and eight-cylinder engines will come with significantly reduced CO2 emission levels. The report
Hamburg-based asset and investment manager MPC Capital, together with partners, has ordered four container vessels at South Korean shipyard Hanjin Heavy Industries and Construction Group (HHIC). In October 2021, Hanjin Heavy said it secured a KRW 310.5 billion (about $261.8 million) order for the construction of the four containerships. However, back then, it did not
The government is planning to convert its inland waterways and army trucks into methanol engines with an aim to promote alternative fuel to reduce India’s dependence on imported petrol and diesel. Top government official told that talks are on with Deccan Water Treatment to undertake the conversion of existing diesel engines into methanol as the
To stay below the 1.5℃ target of the Paris Agreement, this must be the “decade of delivery” for governments, industries and organizations. COP26 was public-private in nature and brought forward the 2050 target of net zero through tangible and measurable 2030 goals, both important steps towards a decade of delivery. The changes underway in industries
PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world’s biggest ship refuelling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on Monday. Shell Plc’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, fell from the top
China’s refinery output hit a record in 2021, up 4.3% from 2020, on robust first-half fuel demand and as refiners ramped up processing to fill a supply gap after a hefty new tax closed loopholes in blending fuel imports. Total refinery throughput last year reached 703.55 million tonnes, or 14.07 million barrels per day (bpd),
Australian grain co-op CBH Group has partnered with leading dry bulk operator Oldendorff Carriers to conduct the first biofuel trial on a grain vessel exporting from Australia. CBH Marketing and Trading is shipping 30,000 tonnes of sustainably certified malting barley aboard the Edwine Oldendorff, which is sailing from Albany Grain Terminal to Vietnam. The vessel