British energy company BP has signed a memorandum of understanding (MoU) with the Government of Mauritania to explore the potential for large-scale production of green hydrogen in the country. The MoU was signed on 8 November in a meeting alongside the 27th United Nations Climate Change Conference (COP27). Under the agreement, BP
Image courtesy: COSCO Shipping Heavy Industry COSCO Shipping Heavy Industry Co. and COSCO Shipping Heavy Industry Technology have won two approvals in principle from ABS classification society for their ammonia-fueled vessel and ammonia supply system designs which are being trialed on a tugboat. Given the challenging characteristics of ammonia, ABS
Cleo Bierneza, a seafarer (Third Officer) from the Philippines; Image by ITF As many as 800,000 seafarers will require additional training by the mid-2030s to enable the shipping industry to transition towards alternative low- and zero-carbon fuels and technologies with the aim of keeping global warming to 1.5C or less
New Times Shipbuilding in China has launched two LNG dual-fuel bulk carriers being built for Bermuda-based bulk carrier company Himalaya Shipping. The two 210,000 dwt vessels, named Mount Norefjell and Mount Ita, are the first two vessels from a series of twelve newcastlemax dry bulk vessels under construction at the
Norwegian Electric Systems (NES), a subsidiary of HAV Group, has secured a contract with Volstad Maritime to deliver the battery pack and associated control system for battery charging to the offshore construction vessel Grand Canyon III. NES will provide the equipment to the Grand Canyon III in connection with a vessel upgrade
Australia’s Fortescue Future Industries (FFI) has signed a binding framework agreement with the Government of Kenya with an aim to fast-track the country’s development of an affordable green fertiliser supply chain and other hydrogen-based industries and its derivatives. The agreement was signed on 8 November on the sidelines of the 2022
Averda, a waste management and recycling company, and WasteFuel, a developer of bio-refineries focused on converting municipal solid waste into low-carbon fuels, have announced their partnership during the COP27 Climate Conference targeting the development of the first commercial-scale municipal waste to renewable methanol plant in the Middle East. The location
Chevron New Energies, Chevron’s unit focusing on low-carbon fuels, and Japanese energy giant JERA have agreed to collaborate on multiple lower-carbon opportunities in the US and Asia Pacific region. The parties will collaborate on opportunities including production, carbon capture, utilisation and storage (CCUS), and new technology commercialisation. Under the joint study agreement, Chevron and
ICS Chairman Emanuele Grimaldi with John Kerry , US Special Presidential Envoy for Climate; Image by ICS The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzing the supply of green fuels, and supporting the global
Illustration; Image credit: DP World Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years. The move was announced by the company’s Chairman and Group CEO, Sultan Ahmed Bin Sulayem while he