Search results for: chile ammonia

624 results

A list of search results

  • UK and Norway’s energy transition tale spotlights oil & gas electrification, offshore wind, CCS, and hydrogen as main chapters

    19 June 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Westwood has looked at the UK and Norway’s net-zero targets and steps being taken to decarbonise the oil and gas industry.

  • MAN Energy kicks off AmmoniaMot project

    8 April 2021
    Business Developments & Projects, Project & Tenders, Research & Development, Technology

    MAN Energy Solutions rolled out the ‘AmmoniaMot’ project aiming to produce a dual-fuel, medium-speed engine capable of running on diesel fuel and ammonia.

  • Shipping’s future-fuel demand equal to entire current global renewables production, data shows

    19 May 2022
    Outlook & Strategy, Transition

    A new report commissioned by the International Chamber of Shipping (ICS) indicates that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use.

  • Tsuneishi bags 13 orders for methanol-fueled Kamsarmaxes, eyes exclusive dual-fueled vessel production by 2035

    1 June 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Japanese shipbuilder Tsuneishi Shipbuilding aims to exclusively produce dual-fueled vessels by 2035, transitioning away from ships equipped with crude oil-based engines. The move is part of the shipyard’s strategy to become carbon neutral by 2050 by implementing eco-friendly practices across all aspects of its business, including ship development, manufacturing, and operations. Under the strategy, the […]

  • GCMD survey unveils decarbonization blind spots: Industry cannot decarbonize without conservatives

    12 June 2023
    Authorities & Government, Certification & Classification, Environment, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    Singapore-based Global Centre for Maritime Decarbonization and Boston Consulting Group have revealed major insights from the Global Maritime Decarbonization Survey during a presentation held at Nor-Shipping 2023’s Tradewinds Ocean Stage. The survey sheds light on the current state of maritime decarbonization and provides guidance for driving action within the industry. During the presentation, Lynn Loo, […]

  • OCI to fuel Maersk’s 1st green methanol-powered feeder

    12 June 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Dutch producer and distributor of hydrogen-based products OCI Global is fueling the first-ever green methanol-powered container ship in a new partnership with A.P. Moller-Maersk. OCI revealed that it will provide ISCC-certified green biomethanol to power the maiden voyage of Maersk’s first methanol dual-fueled container ship once the vessel leaves South Korea this summer. The 172-meter-long […]

  • BW Epic Kosan nabs 1st sustainability-linked loan

    2 June 2023
    Business & Finance, Business Developments & Projects, Green Marine, Transition, Vessels

    Singapore-based ship owner and operator  BW Epic Kosan has secured its first sustainability-linked loan, valued at up to $140 million. The company plans to use the loan to refinance 19 vessels, while an additional acquisition line of $20 million will support potential growth opportunities. The loan includes a sustainability-linked margin adjustment tied to two Key […]

  • Ocean Yield trims sails, signs up for up to 9 ammonia-ready Newcastlemaxes with CMB

    29 May 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or nine vessels, instead of the previously stated range of […]

  • Kongsberg’s suite of new vessel designs brings methanol, ammonia, and hybrid-battery power into play

    6 June 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition, Vessels

    Kongsberg Maritime has unveiled new vessel designs, featuring next-generation anchor handler (AHT) and platform supply vessels (PSV).

  • Maritime majors complete NH3 co-firing test using 4-stroke NH3-fueled engine

    16 May 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development, Vessels

    A maritime consortium involving NYK Line, IHI Power Systems, Nihon Shipyard, Japan Engine Corporation and Nippon Kaiji Kyokai (ClassNK) has announced that the world’s first four-stroke ammonia-fueled (NH3-fueled) engine has completed a land-based test for the stable combustion of fuel ammonia having an 80% co-firing ratio as part of a demonstration project for the commercialisation […]

  • In focus: Emerging renewable energy projects to cushion effects of global energy crisis

    2 September 2022
    Authorities & Government, Business Developments & Projects, Environment, Infrastructure, Innovation, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Technology, Transition

    With the global energy crisis unfolding and energy prices soaring, governments and companies are ramping up investments in renewables, energy efficiency and clean technologies.

  • Trafigura points to Global South’s potential in decarbonising shipping with Hydrogen-based fuels

    23 May 2023
    Authorities & Government, Green Marine, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    Swiss commodity trading house Trafigura has released new research emphasizing the pivotal role that hydrogen-based fuels will play in decarbonising the shipping sector. The study highlights the significant potential for countries in the ‘Global South’ to produce green ammonia and green methanol, meeting the increasing global demand for low-emission fuels. While technology such as onboard […]

  • DNV okays Kongsberg’s future fuels-ready 2,000 TEU boxship design

    7 June 2023
    Certification & Classification

    Classification society DNV has awarded an approval in principle to Norwegian marine technology company Kongsberg Maritime for its future fuels-ready 2,000 TEU containership design.

  • 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, […]

  • WoodMac pinpoints five global energy transition themes through Asian lens

    26 June 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Wood Mackenzie, an energy intelligence group, lists five global challenges in the energy transition story from the Asian perspective.

  • MAN ES: Methanol to become available for shipowners from 2024

    29 November 2021
    Business Developments & Projects, Equipment, Research & Development

    German engine manufacturer MAN Energy Solutions has revealed its plans to work on upgrading its four-stroke engines to run on green future fuels, including methanol and ammonia.

  • Zero-emission fuels need to make up 5% of the fuel mix by 2030

    11 March 2021
    Business & Finance, Environment, Innovation, Outlook & Strategy, Transition, Vessels

    Zero-emission fuels need to make up 5 percent of the international shipping fuel mix by 2030 to enable decarbonization in line with Paris goals, the Getting to Zero Coalition said in an analysis. To reach decarbonization by 2050, zero-emission fuels need torepresent 27 percent of total energy by 2036, and 93 percent by 2046. This […]

  • Provaris: Compression is low-cost delivery method for hydrogen marine transport

    22 May 2023
    Business Developments & Projects, Green Marine, Infrastructure, Research & Development

    Compression is a viable alternative and low-cost delivery method for the regional transport of hydrogen, Australian Provaris Energy found in its latest report comparing the delivery cost of hydrogen for three hydrogen energy sectors. The 2023 Hydrogen Marine Transport Comparison Report, explores the delivery cost of hydrogen for three hydrogen energy vectors (compression, liquefaction and […]

  • Glenfarne’s Hydrogen Fuels Initiative to boost energy transition

    14 April 2023
    Business Developments & Projects, Outlook & Strategy, Transition

    Glenfarne Energy Transition, a wholly owned subsidiary of Glenfarne Group, has launched Glenfarne Hydrogen Fuels Initiative, which aims to produce sustainable, zero-carbon hydrogen-based fuels. The initiative includes projects in Chile, Texas, and Louisiana, which together are expected to produce approximately 1,500 kilotonnes of ammonia. In conjunction with its liquefied natural gas (LNG) business, Glenfarne said […]

  • Idemitsu, KEPCO unite on blue ammonia supply chain in Japan and Korea

    24 April 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Energy company Idemitsu Kosan has signed a memorandum of understanding (MoU) with Korea Electric Power Corporation (KEPCO) to collaborate on the establishment of a blue/carbon-free ammonia supply chain in Japan and Korea. The companies will jointly do a study on the procurement, marine transportation, and supply of blue/carbon-free ammonia to each country. According to Idemitsu, […]

  • Study: Ammonia-powered ships set to ply West Australia-East Asia iron ore trade by 2028

    17 May 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Research & Development, Transition, Vessels

    Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Maritime Forum and […]

  • Amogy CEO: Our goal is to cut 10 pct of global GHG emissions by 2040

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

    Since the official launch of Amogy in November 2020, the Brooklyn-based technology startup has had several important milestones. The company is building a zero-emission ammonia-to-power system, which aims to enable the decarbonization of heavy-duty transportation and industries, including shipping. Amogy’s core technology is a compact chemical reactor that cracks ammonia into hydrogen. The hydrogen is then […]

  • MOL, Tsuneishi, Mitsui E&S join forces on ammonia-powered liquefied gas carrier

    24 June 2022
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Transition, Vessels, Vision

    Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) and compatriot shipbuilders Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding have launched a joint project aimed at developing and building an ocean-going liquefied gas carrier that will use ammonia as its main fuel.

  • Development of world’s largest carbon-free green hydrogen plant in full swing

    22 May 2023
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Transition

    NEOM Green Hydrogen Company (NGHC),  a joint venture created by ACWA Power, Air Products and NEOM, has achieved financial close on the mega green hydrogen production facility in Saudi Arabia at a total investment value of $8.4 billion. The financial close was reached following the signing of financial documents with 23 local, regional and international […]

  • Fourth dual-fuel VLGC joins Avance Gas’ fleet

    31 May 2023
    Business Developments & Projects, Green Marine, Vessels

    Norwegian shipping company Avance Gas has welcomed the fourth dual-fuel very large gas carrier (VLGC) to its fleet. The company took delivery of the 91,000 cbm carrier, Avance Avior, on 30 May from South Korean shipbuilder Hanwha Ocean, which recently rebranded from Daewoo Shipbuilding & Marine Engineering (DSME). Avance Avior was launched on 13 December […]