Independent Power Producers (IPPs) are allegedly under-maintaining stocks of High Sulphur Furnace Oil (HSFO) and Low Sulphur Furnace Oil (LSFO), with reportedly all storages of power plants empty or having a back up of only 2 to 3 days at the moment, following which the Oil Company Advisory Council (OCAC) has requested the Petroleum Division
India has achieved the target of 40 per cent of its installed electricity generation capacity being from non-fossil energy sources, an official statement said on Thursday. At the end of October this year, the Ministry of Power (MoP) reiterated India’s commitment to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy
The CMA CGM Group and Shell have carried out their first bio-LNG bunkering trial in Rotterdam. The 1,400 TEU (twenty-foot equivalent unit) Containerships Aurora was bunkered by Shell with an almost 10% blend of low carbon bio-LNG while calling at the European bunker hub. The vessel received around 483 cubic metres (cbm) of LNG, 44
Maritime Partners in cooperation with Elliott Bay Design Group, e1 Marine, and ABB, today announced that the M/V Hydrogen One, the world’s first methanol-fuelled towboat, will join Maritime Partners’ fleet and become available for charter in 2023 to meet the pressing demand for sustainable towboat operations. Decarbonising the towboat sector poses substantial challenges, particularly due
Current barriers to the uptake of hydrogen as a ship’s fuel include the difficulties and costs of its production, distribution and on board storage. However, by producing hydrogen on board using readily available LNG, the solution could become far more viable and in a much faster time than otherwise. A group that has been working
The organisation that regulates shipping made little fresh progress toward decarbonising the industry during a series of meetings last week. The main outcome from talks hosted by the United Nations’ International Maritime Organization was agreement to revise, in 2023, its decarbonisation strategy – and that wasn’t really new. A non-binding proposal on zero emissions didn’t
German engine manufacturer MAN Energy Solutions has revealed its plans to work on upgrading its four-stroke engines to run on green future fuels, including methanol and ammonia. As informed, the company will in due course enable shipowners to use so-called “future fuels” –such as ammonia, methanol and hydrogen – also produced in a climate-neutral manner.
More ambitious and concrete hydrogen policy efforts are needed from governments across Europe and beyond to bridge a wide gap between the current market trajectory and the projects needed to meet net-zero targets, the International Energy Agency said at the S&P Global Platts Hydrogen Markets Europe Conference Nov. 26. Under the IEA’s net-zero scenario, hydrogen
Mukesh Ambani-led Reliance Industries (RIL) informed in an exchange filing that the company will restructure and repurpose gasification assets as the board of RIL has decided to implement a Scheme of Arrangement to transfer Gasification Undertaking into a Wholly-Owned Subsidiary. The board has accordingly approved a Scheme to transfer the Gasification Undertaking as a going
Union Minister Nitin Gadkari has repeatedly backed the need for increasing the country’s scale of ethanol production and recently underlined that farmers need to turn to ethanol production instead of growing conventional crops to increase profitability as well as enhance supply. Gadkari highlighted that the need for flex fuel is primarily based on the fact