4355 results found for 'methanol'

4355 results found for 'methanol'
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  • MAN ES ignites excitement: Single-cylinder test of long-awaited ammonia engine about to kick off

    31 May 2023
    Business Developments & Projects, Environment, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Safety, Technology, Transition

    German engine manufacturer MAN Energy Solutions says its long-awaited engine is ready to burn ammonia on a single cylinder.

  • ICS proposes sustainability fund to IMO that would reward ships using alternative fuels

    25 October 2022
    Authorities & Government, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The International Chamber of Shipping (ICS) has submitted a refined proposal to shipping’s UN regulator seeking the establishment of a fund and reward system to accelerate the sector’s uptake of alternative fuels and its transition to a net zero future.  The refined proposal combines elements from its previously proposed carbon tax proposal which was tabled […]

  • First green hydrogen corridor between Algeciras and Rotterdam in the making

    12 October 2022
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Spanish oil and gas company Cepsa and the Dutch Port of Rotterdam have signed a memorandum of understanding (MoU) to establish the first green hydrogen corridor between southern and northern Europe, ensuring a green hydrogen supply chain between two of Europe’s main ports, Rotterdam and Algeciras.

  • TotalEnergies greenlights ‘historic’ $10.5 billion oil project, enabling new dawn to break over Suriname’s economy (Video)

    1 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies has kept its word by reaching a final investment decision (FID) for a giant oil project in Block 58 off the coast of Suriname before the year-end, as promised. With the construction and installation phases estimated to take approximately four years, the first oil is anticipated in 2028 at the earliest. The existing market prices indicate that the development will cost over $10 billion.

  • Market normalization hits Maersk’earnings as demand woes and phasing in massive orderbook challenges loom

    4 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    As the demand in the container shipping sector normalizes after a massive surge during COVID-19, the industry majors are reporting lower earnings and bracing for the upcoming period trying to keep discipline in Capex spending. Industry major Maersk reported a better-than-anticipated quarterly profit, raising the financial outlook for the year. The company’s revenue for Q2 […]

  • Winds of change to sweep through German seaports

    25 February 2022
    Authorities & Government, Business Developments & Projects, Environment, Infrastructure, Innovation, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vision

    The world is moving away from fossil fuels and so is the maritime industry. Ports — being an important maritime segment — are facing significant changes. For the German port sector, the transformation is seen as a mammoth task that lies ahead.

  • In focus: Energy transition is not moving forward – it is leaping towards net-zero goal

    17 September 2021
    Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Innovation, Project & Tenders, Technology, Transition, Vessels

    Not long has passed since the first industry and governmental commitments to making concrete moves towards cleaner energy and shipping sectors. The road of the global energy transition started with pledges and strategies, and is planned to end in a greener, cleaner world – with all that needs to be done to get there being in the middle. This week brought numerous examples of exactly those actions that prove energy transition is what is happening right here, right now.

  • Bergeron: CII metrics are not fit for purpose

    6 October 2022
    Authorities & Government, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The IMO’s regulation on the carbon intensity indicator (CII) that enters into force in 2023 has come under a lot of fire in the shipping industry as a regulation that could punish owners with poor vessel ratings on the grounds of factors that they cannot influence upon. The CII is aimed at supporting the International Maritime […]

  • NY Governor proposes regional clean energy hydrogen hub

    25 March 2022
    Business Developments & Projects, Project & Tenders

    Governor Kathy Hochul said that New York has signed a multi-state agreement to develop a proposal to develop a regional clean energy hydrogen hub.

  • Chevron Marine Lubricants: Issues arising from VLSFO use have very little to do with fuel quality

    17 August 2020
    Regulation & Policy, Rules & Regulation, Transition, Vessels

    The main fears around the use of the low sulphur fuel as mandated by the IMO 2020 sulphur cap that entered into force in January 2020, such as lack of availability and poor quality of new fuels did not materialize paving the way for a much smoother transition than expected. Availability concerns were quashed with […]

  • Gumusut-Kakap: Asia’s Largest Offshore Facility Being Installed at Project Site

    4 July 2013
    Business & Finance

    A semi submersible floating production system for Malaysia’s Gumusut-Kakap deepwater field has been successfully delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field, also offshore Sabah. The semi-FPS, the largest of such facility in the world to have been fully […]

  • Outwitting technical limits – Designing the blueprint for MARIN’s Zero Emissions Lab

    31 May 2023
    Business Developments & Projects, Collaboration, Research & Development, Technology

    In 2017, the Maritime Research Institute Nederland (MARIN) started researching the concept of a Zero Emissions Lab (ZEL), a facility to configure and test the propulsion performance of climate neutral or zero emission ships. This ‘engine room of the future’, which combines power components such as batteries, super capacitors, fuel cells and internal combustion engines […]

  • Biden administration rolls out a blueprint to decarbonize transport

    11 January 2023
    Authorities & Government, Environment, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels, Vision

    The Biden-Harris Administration has released the U.S. National Blueprint for Transportation Decarbonization, an interagency framework of strategies and actions to remove all emissions from the transportation sector by 2050. The document builds upon the memorandum of understanding Departments of Energy, Transportation, Housing and Urban Development, and the Environmental Protection Agency signed in September 2022, to formalize […]

  • In focus: UK gets the ball rolling on cutting emissions with net-zero strategy launch

    22 October 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Human Capital, Outlook & Strategy, Rules & Regulation, Technology, Transition

    Reports on efforts to decarbonise the oil & gas and the shipping sector continue to hit the headlines as the energy transition gathers speed.

  • Keeping lubricant development in line with engine design changes is key

    3 June 2020
    Vessels

    Over the past couple of years, the maritime industry has witnessed numerous new engine designs receiving design approvals from classification societies, including those running on LNG, methanol, and most recently ammonia. However, for the switch from high sulphur fuel oil (HSFO) to fuels of the future to run smoothly, ships’ engines have to run smoothly […]

  • ABB: Large ships powered by fuel cells are on the horizon

    20 May 2020
    Innovation, Research & Development, Technology, Vessels

    The development of the zero-emission ships will require continuous technological innovation to get the industry to its ultimate objective of decarbonizing shipping. As such, the path toward a green future will not be unified as the industry would have to rethink the ways it has been building ships so far and come up with alternatives. […]

  • Core Power CEO: Biggest ships can benefit the most from nuclear power

    1 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Technology, Transition, Vessels

    The largest ocean-going vessels, which are the largest polluters, can reap the greatest benefits from the new nuclear power technologies, according to Mikal Bøe, CEO of London-based Core Power.

  • Mission Innovation 2.0 to spearhead $250 billion clean energy innovation decade

    2 June 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    At the global Innovating to Net Zero Summit, 23 governments responsible for over 90% of global public investment in clean energy have collectively launched bold new plans to catalyze action and spearhead a decade of innovation to drive global investment in clean energy research, development and demonstrations.

  • Going with the FLOW – Damen concept aims to tackle the next generation of offshore wind

    2 March 2023
    Business Developments & Projects, Collaboration, Environment, Heavy lifting, Innovation, Operations & Maintenance, Research & Development, Technology, Vessels

    Driven by ambitious targets and the drive for energy self-sufficiency, the offshore wind industry is gathering pace. As it grows, the developing sector faces challenges. Amongst these is the installation of turbines in deeper waters. Many areas planning offshore wind developments do not have the relatively shallow waters encountered in the North Sea region, where […]

  • K Line-operated car carrier obtains notation for safe EV transportation

    4 September 2024
    Certification & Classification, Regulation & Policy, Safety, Vessels

    Car carrier Texas Highway, currently operated by K Line, has received a notation from ClassNK for its additional fire safety measures during marine transportation of electric vehicles.

  • Maritime industry giants to explore ammonia as green fuel for U.S. East Coast

    4 April 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels, Vision

    Maritime industry majors have joined hands on a feasibility study of ammonia as a marine fuel on the U.S. East Coast. Namely, A.P. Moller – Maersk, American Bureau of Shipping, Fleet Management Limited, Georgia Ports Authority, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Savage Services, Sumitomo Corporation, and TOTE Services have signed a Memorandum […]

  • DNV: Oil demand in transport sector to half by 2050 with maritime transitioning to a mix of fuels

    4 May 2023
    Green Marine, Market Outlooks, Outlook & Strategy, Transition

    Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarter of global energy-related CO2 emissions, […]

  • In focus: Industry working to realise hydrogen and CCS markets potential via cross-sector collaboration

    18 February 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Environment, Innovation, Ports & Logistics, Project & Tenders, Research & Development, Technology, Transition, Vessels

    The interest in hydrogen and CCS value chains has been picking up, evident through various projects and collaborations revealed this week.

  • Hapag-Lloyd hails delivery of another LNG dual-fuel 23,600 TEU giant

    29 August 2024
    Vessels

    German liner major Hapag-Lloyd has taken delivery of the new liquefied natural gas (LNG) dual-fuel 23,660 TEU containership from South Korean shipbuilder Hanwha Ocean.

  • SEALNG COO: no alternative fuel can match LNG

    20 February 2019

    As 2020 looms, there is growing consensus that LNG is the best solution for today and into the future towards 2050, as there are no alternative solutions that can match LNG’s emissions profile and scalability.