On the way to an emission-free future: OSV Coastal Liberty operates on green hydrogen in the German Wadden Sea
CUXHAVEN : In a significant step towards sustainability and emission-free energy sources on board, Offshore Supply Vessel Coastal Liberty has set sail on the waters of the Wadden Sea. With the clear aim of
Engineering study charts potential of carbon capture technology to help decarbonize shipping
LONDON / SINGAPORE : A project assessing the technical feasibility of onboard carbon capture and storage (OCCS) in the shipping sector, carried out by the Oil and Gas Climate Initiative (OGCI), the Global Centre
Fuel quality remains critical issue for the maritime industry
LONDON : Lloyd’s Register has released its Fuel Quality Report 2024, offering vital insights into the evolving landscape of marine fuel quality and its implications for the maritime industry. Ongoing concerns around fuel
India needs ₹6-7 trillion to produce and export green aviation fuel by FY40 : Deloitte
NEW DELHI : India can become a key exporter of sustainable aviation fuel producing 8-10 million tonnes by 2039-40 by investing ₹6-7 trillion towards the effort, consulting firm Deloitte said in a report. India would
BPCL to invest Rs 60,000 crore in Nellore for petrochemical complex setup
NELLORE : Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company, will soon invest ₹50,000 to ₹60,000 crore to set up an integrated refinery-cum-petrochemicals complex at Ramayapatnam Port in SPSR Nellore district, said
E-Fuels projected to be available for next Zero Emission Maritime Buyers Alliance (ZEMBA) Tender
LONDON : A new report released by the Zero Emission Maritime Buyers Alliance (ZEMBA) and Lloyd’s Register Maritime Decarbonisation Hub found that e-fuel-powered shipping services are projected to be available for ZEMBA’s next tender. Specifically, the report – which summarizes
New study reveals EU regulations will boost economic value of methanol in shipping
BRUSSELS : A new White Paper prepared for the Methanol Institute by Dr Jeroen Dierickx, an energy and fuel expert at iDefossilise, concludes that the FuelEU Maritime Regulation and EU Emissions Trading System (ETS)
Union Govt to reduce tax on marine diesel oil to boost coastal & inland shipping
NEW DELHI : The Union Government is looking to reduce the tax on marine diesel oil (MDO) by building consensus to bring it under the Goods and Services Tax (GST), among other options. The