Search results for: chile ammonia

630 results

A list of search results

  • Green Ships, Bourbon Horizon to build zero-emissions ePSVs featuring Amogy’s ammonia-to-power tech

    5 October 2023
    Business Developments & Projects

    Green Ships AS, a consultancy company specialized in the designing and building of ‘green’ vessels, and Bourbon Horizon AS, an international offshore shipping company, have signed a Memorandum of Understanding (MoU) with Amogy, the provider of ammonia-to-power technology, for the supply of its technology to two electric platform supply vessels (ePSV). The agreement also stipulates […]

  • Houston Ship Channel could host large-scale ammonia production and export project

    3 October 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development

    Four energy and chemical companies have joined forces to work on the development of a large-scale low-carbon ammonia production and export project on the Houston Ship Channel, the second-largest petrochemical corridor in the world. Namely, INPEX Corporation, Air Liquide, LSB Industries, and Vopak Moda have agreed to collaborate on the pre-FEED for the development of […]

  • DNV clears Hanwha Ocean’s new 270K LNG carrier design

    6 October 2023
    Business Developments & Projects, Certification & Classification, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Classification society DNV presented Hanwha Ocean, the South Korean shipbuilder formerly known as DSME, with an Approval in Principle (AiP) for a 270,000cbm LNG carrier. The new 345m long LNG carrier by Hanwha Ocean was heralded as a “ground-breaking achievement” by Vidar Dolonen, Regional Manager, Korea & Japan, DNV, when he presented the AiP to […]

  • Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report

    18 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2030 deadline looms closer, […]

  • Northern Lights CEO: We are making CCS viable

    25 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide the scale of emissions reduction needed by 2050. In response […]

  • Unboxing the ammonia-powered 15,000 TEU boxship: Seatrade and Foreship reveal key design features

    26 September 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Transition, Vessels

    Ammonia-powered container vessels are technically feasible and their development can meet acceptable preliminary safety concepts, according to the insights from a concept design study carried out by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, in partnership with Seaspan, ABS, and Foreship. The project is connected to the Singapore Ammonia Bunkering Feasibility Study (SABRE) consortium, […]

  • MAN ES unleashes a wave of innovation with 37 ammonia tech patent applications

    25 September 2023
    Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    German engine manufacturer MAN Energy Solutions has filed an impressive 37 patent applications as part of its research and development process for an ammonia-powered marine engine. The company has so far completed 71,000 R&D man hours, equalling 48 R&D man years. Investigating the combustibility of its two-stroke ammonia-powered engine began in 2019, while hazard identification […]

  • IEA: Methanol to take a backseat as ammonia blazes the trail in shipping’s decarbonization journey

    26 September 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Research & Development, Transition, Vessels

    In the ever-evolving quest to decarbonize the shipping industry, ammonia has emerged as the frontrunner, while methanol, despite its current hype, plays a comparatively smaller role, according to the International Energy Agency’s (IEA) 2023 Net Zero Roadmap report. The IEA’s 2023 Net Zero Roadmap serves as a guiding light for the global energy sector, outlining […]

  • PETRONAS teams up with JOGMEC and METI on CO2 transport and storage

    6 October 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Malaysia’s state-owned energy giant PETRONAS has signed a Memorandum of Cooperation (MOC) with the Japan Organization for Metals and Energy Security (JOGMEC), and the Ministry of Economy, Trade and Industry (METI) on the cross-border CO2 transportation and storage. The agreement was signed at the 3rd Asia CCUS Network Forum held on September 27, 2023, in […]

  • Carbon Clean and Samsung Engineering forge alliance on onboard carbon capture solutions

    5 October 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    London-based carbon capture company Carbon Clean has joined forces with Korean construction and project management company Samsung Engineering Co. (SECL) to explore opportunities for onboard carbon capture solutions projects.  The two companies have formalized a Joint Development Agreement (JDA) and they plan to focus on optimizing Carbon Clean’s modular carbon capture technology, CycloneCC, for use […]

  • Enova pumps $65.6 million into zero-emission ship and tech projects

    26 September 2023
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders, Research & Development, Technology, Vessels

    Enova, a Norwegian government enterprise, has decided to invest NOK 709 million ($65.6 million) to provide financcial support for zero-emission ship and technology projects.

  • In focus: Advanced economies should pave the net-zero way as bolder action is needed

    29 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Although achieving the current net-zero targets is still possible due to the fast-paced development of clean energy technologies, experts believe that we need to make moves that are more strategic.

  • The ‘carrot’ needs to be more ‘attractive’ to accelerate energy transition

    12 October 2023
    Business Developments & Projects, Research & Development

    The conversation surrounding the global energy transition is at a pivotal juncture, with a clear need to expedite the process. The process centers on the delicate balance between the “carrot” and “stick” principle – incentivizing green energy investments while making fossil fuels less attractive through higher costs. That being said this year experienced record emissions […]

  • In focus: The hard truths and wake-up calls in the global energy transition

    13 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Green Marine, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as it progresses against the backdrop of today’s tumultuous geopolitical landscape. […]

  • Belgium’s CMB lifts option for ammonia-powered Capesize duo

    20 September 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Belgium-based shipping company Compagnie Maritime Belge (CMB) has exercised an option for the construction of two 210,000 dwt bulkers at China’s Qingdao Beihai Shipbuilding Heavy Industry, adding to its already massive orderbook at the yard. Namely, CMB already has ten 210,000 dwt bulkers under construction at Qingdao Behai, all designed to be fuelled by ammonia. […]

  • Are we ready for ammonia?

    18 September 2023
    Authorities & Government, Business Developments & Projects, Certification & Classification, Environment, Green Marine, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Safety, Technology, Transition, Vessels

    Over the course of the past year, the maritime industry has witnessed a remarkable surge in projects centered around ammonia as a sustainable ship fuel. Ammonia-powered ship types, fueled by zero-emission ambitions, have taken center stage at this year’s Gastech in Singapore, capturing the imagination of industry stakeholders and environmental advocates alike. The exhibition and […]

  • Enagás closes deal to acquire 10% stake in Germany’s HEH

    28 September 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partners Group (on behalf of its clients) and industrial partner […]

  • JERA invests in CO2 capture and hydrogen storage tech company

    20 September 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Japan’s energy major JERA, through JERA Ventures, has invested approximately £1 million ($1.24 million) in Immaterial, a UK company that aims to accelerate the energy transition with its CO2 capture and hydrogen storage technologies. JERA said it will support startup growth and cocreation by offering its facilities and its LNG, hydrogen and ammonia value chain […]

  • CE Delft: CII could cut EU shipping’s emissions by 30% if enforced correctly

    5 October 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    A recent study, titled “CII and EU Maritime Decarbonization,” conducted by the research center CE Delft on behalf of the Environmental Defense Fund Europe, found that if European policymakers required ships to achieve top performance (A, B) in climate label Carbon Intensity Indicator (CII), ships could reduce emissions by up to 23% and as much […]

  • Next on the horizon: A naming ceremony for an ammonia-powered ship?

    15 September 2023
    Business Developments & Projects, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Thursday witnessed a momentous occasion in the annals of container shipping, one that reverberated with promises of greener, more sustainable days ahead for the maritime industry. The naming ceremony of the world’s first methanol-powered containership, the Laura Maersk, took center stage, signifying a propulsion revolution that is poised to reshape the future of global shipping. […]

  • OCI inks green H2 supply deal with NFE to boost its green NH3 production

    15 September 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy

    Dutch producer and distributor of hydrogen-based products OCI Global and U.S. energy company New Fortress Energy (NFE) have signed an agreement for OCI to offtake green hydrogen from NFE’s ZeroParks beginning in 2025, following a competitive bidding process. OCI said that green hydrogen will be produced by ZeroParks using proton exchange membrane (PEM) technology and […]

  • Will a net-zero dash enable the UK to reap more benefits?

    10 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    New poll shows the majority of British people are in favor of hastening the UK’s net-zero aspirations, thus, more green policies are seen as a safe bet for winning incoming elections.

  • CMA CGM’s 13K TEU LNG-powered containership hits the water

    22 September 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    A colossal containership sporting a green livery and a prominent LNG-powered designation on its hull has hit the waters at Chinese shipbuilding major Hudong Zhonghua. The LNG dual-fuel 13,000TEU container ship (H1841A), named CMA CGM Paraty, was built for the French CMA CGM Group. The ceremony was held on September 20, marking the launching of the […]

  • Woodmac: Europe’s carbon border adjustment sparks decarbonization and price surge

    21 September 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    A recent report from Wood Mackenzie titled “Playing by New Rules: How the CBAM Will Change the World” sheds light on the potential consequences of the European Union’s Carbon Border Adjustment Mechanism (CBAM). The Carbon Border Adjustment Mechanism, a policy that will require producers of goods imported into the European Union (EU) to pay an […]

  • GCMD, SGMF to develop guidelines on the use of ammonia as marine fuel

    7 September 2023
    Business & Finance, Business Developments & Projects

    The Global Centre for Maritime Decarbonisation (GCMD) and the Society for Gas as a Marine Fuel (SGMF) have signed a 2-year Coalition Partnership agreement during Gastech 2023. Under the agreement, GCMD and SGMF plan to collaborate on reshaping standards by developing guidelines on the use of ammonia as a marine fuel. SGMF’s guidelines for LNG […]