Japanese shipping company Kawasaki Kisen Kaisha (K LINE) has completed its third biofuel trial on board its ships as part of its decarbonization efforts. Illustration; Image credit K Line The company said that the trial involved the use of B24 marine biofuel comprising 24% fatty acid methyl ester (FAME) blended
US liquefied natural gas (LNG) export company Freeport LNG Development has received regulatory approval to commence commercial operations of the company’s natural gas liquefaction and export facility in Texas, USA. Courtesy of Freeport LNG According to Freeport LNG, the authorisation provides for the immediate full return to service of one
Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined forces with compatriot tech company Air Water to jointly study the trial use of liquefied bio-methane (LBM) derived from cattle manure onboard liquefied natural gas (LNG)-fueled vessels. MOL As disclosed, the partners signed a Memorandum of Understanding (MoU) to explore LBM’s
Japan’s IHI Corporation and India’s renewable energy company ACME have signed a Memorandum of Understanding (MoU) to study and investigate the feasibility of producing and utilising green ammonia derived from renewable energy. Courtesy of IHI Under the MoU, IHI will consider participation in green ammonia production projects led by ACME
Partners in the Leviathan gas field offshore Israel have approved budgets for 2023 which include nearly $100 million for the expansion of the existing infrastructure and preparation of the future floating LNG terminal. Courtesy of NewMed Energy Said to be the largest energy project in Israel’s history, the deep-sea field
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Courtesy of Enagas Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year.
South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. Illustration; Image by KSOE The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this
French container shipping major CMA CGM is bunkering biofuels on 32 vessels across its vast fleet as part of its decarbonization efforts. Illustration; Image by Navingo “Biofuel is a big part of our roadmap to decarbonization,” Francois-Xavier Accard, Managing Director of CMA CGM’s International Shipping Company Pte. Ltd. said during
Technology company ZeroNorth, a digital spin-off of Maersk Tankers, has acquired Singapore-based platform for marine fuel suppliers BTS PTE Ltd. to support bunker suppliers to digitalise operations and reach decarbonisation goals. Archive; Illustration only. Courtesy of Maersk Tankers Under the agreement, ZeroNorth will acquire BTS’ flagship suite of services iBMS
