4355 results found for 'methanol'

4355 results found for 'methanol'
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  • Indian oil firms eyeing Murphy’s assets in Malaysia

    31 July 2014

    India’s oil firms ONGC and Oil India have reportedly interested to buy a stake in Murphy Oil’s assets in Malaysia.

  • India: SCI Takes Delivery of New PSV from Cochin Shipyard

    14 August 2012
    Business & Finance

    Today, Cochin Shipyard Limited delivered the new high-tech Rolls Royce Platform Supply Vessel of UT 755 CD design. The ship “SCI Nalanda’ was delivered to Shipping Corporation of India in the presence of the CMD, SCI, Shri S Hajara and CMD, CSL, Cmde K Subramaniam. The Protocol documents of the ship were signed in the […]

  • Shipping needs up to $28 billion per year to switch to carbon-neutral fuels by 2050, DNV forecasts

    6 September 2022
    Green Marine, Market Outlooks, Outlook & Strategy, Transition

    With the fuel transition underway, the shipping industry will need massive onboard technology investments ranging between $8 to $28 billion per year between 2022 and 2050 to reach full net-zero goals, a forecast released by the classification society DNV reports. DNV released its sixth maritime forecast during SMM, an international maritime trade fair in Hamburg, […]

  • Stena Line inks major deal to operate at Heysham Port until 2100

    20 December 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    Swedish ferry and port operator Stena Line has signed a significant deal with UK port operator Peel Ports Group to operate from Heysham Port for the next 77 years until 2100.

  • New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026

    17 October 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development, Transition

    The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-industry consumers in Europe to encourage the first clean hydrogen shipment […]

  • MEPs adopt new rules for greener maritime fuels

    12 July 2023
    Rules & Regulation

    Members of the European Parliament (MEP) have adopted new rules on cleaner maritime fuels, which are part of of the Fit for 55 in 2030 package, the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, and to decarbonise transport.

  • MPA Singapore, classification societies join hands on decarbonisation and digitalisation

    27 April 2023
    Automation, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, IT & Software, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Technology, Transition, Vessels

    The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2023 by Teo Eng Dih, Chief Executive of MPA, and leading executives […]

  • BG Freight opts for Value Maritime’s filtering and CO2 capture system

    21 February 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Technology, Transition, Vessels

    Dutch logistics services provider BG Freight Line has committed to reducing carbon emissions by installing Value Maritime’s Filtree and carbon capture system onboard two of its container vessels.

  • Stena Line: 2 new E-Flexers to join Baltic Sea fleet in 2022

    27 September 2021
    Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Swedish ferry company Stena Line revealed plans to deploy its two new 240-meter-long fuel-efficient E-Flexer ferries on the Nynäshamn (Sweden) – Ventspils (Latvia) next year.

  • Report: Fire extinguished on offshore platform in Iran

    13 June 2019

    An offshore platform, operated by Pars Oil and Gas Compan (POGC), caught fire in the Persian Gulf offshore Iran on Wednesday.

  • Trinity acquires stake in two Centrica blocks off Trinidad

    17 July 2014
    Business & Finance

    Trinity, the leading independent E&P company focused on Trinidad and Tobago, has secured an agreement with Centrica plc to acquire its 80% interests in Blocks 1a and 1b offshore the west coast of Trinidad for a headline consideration of US$23 million. The Assets contain four gas discoveries with aggregate gross 2C resources of 268 Bcf […]

  • LNG Technology Heralds New Era in Shipbuilding

    16 April 2013

    DNV now offers shipowners the support they need to make newbuilds and existing vessels ‘LNG ready’ with class approved designs, ready for later, simple retrofit of LNG technology. The service enables shipowners to make smart choices and minimal investments now in readiness for when LNG bunkering becomes widely available. Shipowners are supported through all stages […]

  • IDTechEx: Global low-carbon hydrogen market to reach $130 billion by 2033

    12 July 2023
    Market Outlooks, Outlook & Strategy

    Technology company IDTechEx has predicted that the low-carbon hydrogen market will grow substantially over the next decade, reaching $130 billion by 2033. In its new report, “Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications,” IDTechEx evaluates the necessary components to foster this growth. The report includes technological analyses of all relevant technologies, techno-economic comparisons, detail […]

  • MSC-Fincantieri deal for two new hydrogen-powered ships stands

    21 September 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    The Cruise Division of MSC Group has confirmed firm orders for two hydrogen-powered vessels for its luxury travel brand Explora Journeys with the Italian shipbuilder Fincantieri and pledged to continue its push towards a net zero-carbon emissions target by 2050 by investigating additional new and advanced environmental technologies for the luxury ships. According to Fincantieri, […]

  • Canada boosts green shipping corridor projects with fresh funding

    18 July 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Research & Development

    The Government of Canada has awarded $1.7 million in funding to fourteen projects under the Green Shipping Corridor Program’s Clean Vessel Demonstration program.

  • India rolls out program to support green hydrogen ship retrofits

    5 February 2024
    Authorities & Government, Regulation & Policy

    India’s government has released a new scheme that aims to support retrofitting existing vessels to run on green hydrogen.

  • Ardmore returns to VM for carbon capture-ready Filtree systems

    5 June 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Equipment, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon capture ready for collecting CO2 emissions onboard in the future are Ardmore Engineer, […]

  • Wärtsilä, MPA Singapore to work on future fuels and talent development

    27 April 2023
    Business Developments & Projects, Collaboration, Green Marine, Human Capital, Outlook & Strategy, Ports & Logistics, Research & Development, Technology, Vessels

    The Maritime and Port Authority of Singapore (MPA) and technology group Wärtsilä have inked a partnership deal that will focus on the introduction of next-generation renewable fuels, optimisation of digital port operations, and developing future talent.  The duo has signed a Memorandum of Understanding (MoU) paving the way for the exploration of renewable fuel technologies and […]

  • Hunter Group, DNV to develop CCS shipping solutions

    6 March 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Transition, Vessels

    Oslo-listed Hunter Group ASA and DNV classification society have entered into a joint cooperation agreement for the development of a low-pressure mid-stream shipping solution for Carbon Capture and Storage. The parties have agreed to work together to develop a 40-70K cbm liquified CO2 carrier with 20-30K cbm feeder vessels with the aim to meet defined […]

  • New JV to establish LNG bunkering hub in Suez Canal by 2025

    26 July 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping has joined forces with Egyptian Natural Gas Holding Company (EGAS) and Leth Suez Transit (LETH) to establish a strategic LNG bunkering hub in the Suez Canal by 2025. Earlier this year, the parties signed a memorandum of understanding (MoU) with the purpose of establishing LNG […]

  • IAPH, SGMF team up to enable low & zero-carbon fuels at ports

    1 November 2021
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    The International Association of Ports and Harbors (IAPH) and The Society for Gas as a Marine Fuel (SGMF) have teamed up to accelerate progress on provision of low & zero carbon fuels at ports.

  • DCD MARINE Wins Deepsea Metro 1 Upgrade Contract

    7 May 2013

    There are multiple logistical challenges associated with mobilising a drilling rig maintenance crew to an offshore location. The ability to meet and overcome these challenges, through an extensive track record of successfully completed projects, was a major consideration for Odfjell Drilling. DCD MARINE was successfully awarded the maintenance and upgrading project for Odfjell Drilling’s jointly-owned […]

  • DNV Offers Shipowners Support to Make Its Vessels ‘LNG ready’

    16 April 2013
    Business & Finance

    DNV now offers shipowners the support they need to make newbuilds and existing vessels ‘LNG ready’ with class approved designs, ready for later, simple retrofit of LNG technology. The service enables shipowners to make smart choices and minimal investments now in readiness for when LNG bunkering becomes widely available. Shipowners are supported through all stages […]

  • Cutting Edge Technology to Manage Energy Consumption

    17 September 2017

    One of the key issues ship owners and operators are facing is ensuring the efficient use of energy while at the same time meeting new environmental regulations being implemented on a global and regional basis. Getting an insight into energy optimisation and alternative energy sources is central to both cost and environmental control. Visitors to […]

  • What Will Be the Role of Biofuels in Shipping’s Decarbonization?

    11 December 2019

    One of the major concerns related to biofuels’ role as the zero-carbon fuel of the future is the availability shortage.