New shipping decarbonisation options emerge with clean fuels in short supply -insurer
Fossil fuel consuming ships paired with carbon capture, nuclear propulsion, and hydrogen-powered fuel cells are emerging as a new decarbonisation option due to the scarcity of low-carbon fuels, according to a global shipping insurer’s decarbonisation outlook.
Read MoreMajor Asian nations must abandon LNG to decarbonise shipping sector -report
Countries including China, Japan, and South Korea must abandon the use of liquefied natural gas (LNG) as a bridge fuel in order to fully decarbonise their shipping sector, a report released Wednesday said.
Read MoreBrazil opens over $1 bln in funding for sustainable aviation, maritime fuel projects
Two public authorities in Brazil launched last week a R$6 billion ($1.1 bln) joint call providing R$6.6 billion ($1.1 bln) in funding for sustainable aviation fuel (SAF) and maritime biofuel projects.
Read MoreWorld’s first green ammonia plant opens in Denmark
A first-of-its-kind green ammonia plant that will take advantage of power fluctuations from wind and solar power was opened on Tuesday by a trio of Danish clean tech companies, with a view to decarbonise shipping, fertilisers and heavy industry.
Read MoreJapanese shipping heavyweights to conduct liquefied CO2 study for CCS value chain
A group of Japanese shipping majors have teamed up to conduct a joint study for liquefied CO2 (LCO2) carriers, in preparation for large-scale international transport of LCO2 by 2028.
Read MoreOil demand from shipping sector to peak by mid-2020s -consultancy
Demand for fuel oil from the maritime sector is expected to peak by the mid-2020s, displaced in large part by LNG and increasingly efficient ships, according to a global energy consultancy.
Read MoreJapan’s MOL, others look to use animal manure to fuel factories, vessels
A group of six organisations, including Japanese shipping firm Mitsui OSK Lines (MOL), have come together to launch a feasibility study on the production and use of biomethane from animal manure in order to fuel the country’s factories and vessels, a statement released Monday said.
Read MoreBRIEFING: Orsted drops e-methanol plant for shipping, following Shell and BP retreat from biofuels
Danish energy giant Orsted has scrapped a proposed e-methanol plant meant to supply green fuel for container ships amid a lack of demand, it announced Wednesday, in the latest sign that European energy majors are retreating from green fuel projects.
Read MoreMaersk joins industry study to assess potential for nuclear-powered container shipping in Europe
Danish shipping company Maersk will work together with two parter companies to assess the potential for nuclear-powered container ships in Europe, they announced this week.
Read MoreMaritime compliance company warns of rising FuelEU penalties, gives early price estimates for pooling
A maritime emissions compliance and data solutions provider has released early price estimates for FuelEU’s pooling system in a press feature.
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