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Clean Fuel

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Zhoushan Xinya Shipbuilding Maersk
Clean Fuel

Maersk seals world’s 1st methanol dual-fuel conversion project with Chinese shipbuilder

Danish container shipping heavyweight Maersk has signed its first methanol dual-fuel conversion project with Chinese shipbuilder Zhoushan Xinya Shipbuilding Co. The momentous deal, inked during a special ceremony held on October 18, 2023, signifies the inception of the world’s maiden containership m

about 2 years ago
In focus: Hydrogen and CCS – silver bullet or cog in energy transition machine?
Clean Fuel

In focus: Hydrogen and CCS – silver bullet or cog in energy transition machine?

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As the world turns its attention toward a new/old conflict arising in the Middle East, offshore energy players are seeking new ways to curb climate change and bring us closer to a mellifluous cleaner, greener future. The energy transition process is moving ahead with each passing day but there is no

about 2 years ago
Maersk
Clean Fuel

Maersk adds Swiss renewable methanol producer to its low-carbon fuel portfolio

Maersk Growth, the venture arm of Danish shipping giant A.P. Moller-Maersk, has added Switzerland-based cleantech and engineering company Methanology AG to its low-carbon fuel portfolio. Methanology focuses on developing technologies capable of producing large quantities of renewable methanol using

about 2 years ago
The Insight Partners: Green hydrogen market to grow to $88 billion by 2030
Clean Fuel

The Insight Partners: Green hydrogen market to grow to $88 billion by 2030

According to the “Green hydrogen market forecast to 2030 – COVID-19 impact and global analysis – technology (alkaline electrolysis and PEM electrolysis), renewable source (wind energy, solar energy and others), end-use industry (chemical, power, food & beverages, medical, petrochemicals and others)

about 2 years ago
MPA Singapore initiates call for financiers and insurers to back adoption of electric harbor craft
Clean Fuel

MPA Singapore initiates call for financiers and insurers to back adoption of electric harbor craft

The Maritime and Port Authority of Singapore (MPA) has initiated a call for proposals from financial institutions, intermediaries, marine insurance providers, and brokers to expedite the use of electric harbour craft in Singapore, which is an integral part of MPA’s goal to achieve net-zero emissions

about 2 years ago
Sumire Leader
Clean Fuel

NYK’s 6th LNG-fueled pure car and truck carrier starts operations

NYK’s sixth LNG-fueled pure car and truck carrier, Sumire Leader, has started its transportation service for Mazda Motor Corporation, arriving at the port of Hiroshima on Oct 17 and the port of Nakanoseki on Oct 18. This vessel is the last of four LNG-fueled PCTCs delivered from China Merchants Jinl

about 2 years ago
Euronav
Clean Fuel

Decarbonization in shipping: More than fuel, it’s an attitude

The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, Genera

about 2 years ago
ORLEN adds two new LNG carriers to its fleet
Clean Fuel

ORLEN adds two new LNG carriers to its fleet

Poland’s ORLEN Group is expanding the company’s presence in the global liquefied natural gas (LNG) market with two new fleet additions, LNG carriers (LNGCs) named ‘Saint Barbara’ and ‘Ignacy Łukasiewicz.’ LNG carrier ‘Saint Barbara’ pays homage to the patron saint of miners, oil and gas workers, whi

about 2 years ago
Maersk feeder bunkering with Agility tanker; Image credit Maritime & Port Authority of Singapore
Clean Fuel

Mittal: Shipowners need to start locking in long-term supply of green fuels

In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se

about 2 years ago
Methanol, ammonia are important for transport but have the greatest role in decarbonizing shipping, report finds
Clean Fuel

Methanol, ammonia are important for transport but have the greatest role in decarbonizing shipping, report finds

The Decarbonising UK Freight Transport (DUKFT) Network has released a new report claiming that hydrogen-derived fuels such as methanol and ammonia may be important in some niches for road and rail freight, but have the greatest role in decarbonizing domestic and international maritime freight.

about 2 years ago
German OGE comes onboard H2Med green hydrogen pipeline project
Clean Fuel

German OGE comes onboard H2Med green hydrogen pipeline project

German gas grid operator Open Grid Europe (OGE) has joined its Spanish, French, and Portuguese counterparts as a promoter of the European H2Med green hydrogen project. During the event ‘H2Med, an example of European energy cooperation’ at the Spanish Embassy in Berlin, OGE signed a memorandum of und

about 2 years ago
HAV Hydrogen and NES test hydrogen fuel cell with maritime control system
Clean Fuel

HAV Hydrogen and NES test hydrogen fuel cell with maritime control system

Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen and maritime supplier Norwegian Electric Systems (NES), both subsidiaries of HAV Group ASA, have completed a laboratory test of a hydrogen fuel cell in combination with a maritime control system. The scope of the project wa

about 2 years ago
Michael Parker
Clean Fuel

Parker: Shipping financing will not be the same

Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2

about 2 years ago
CoolCo secures sale and leaseback financing for two newbuild LNG carriers
Clean Fuel

CoolCo secures sale and leaseback financing for two newbuild LNG carriers

Cool Company (CoolCo) has entered into sale and leaseback financing arrangements with Huaxia Financial Leasing for two LNG carriers that are being built by Hyundai Samho Heavy Industries in South Korea. Following the earlier announcement of the purchase of two 2-stroke LNG carrier newbuilds, namely

about 2 years ago