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MSC Loreto
Clean Fuel

ESPO concerned over carbon and business leakage as EU ETS nears implementation

As the European Union (EU) prepares to implement the EU Emission Trading System (ETS) directive for the maritime sector, the European Sea Ports Organisation (ESPO) has raised concerns about the potential for carbon and business leakage due to the current legislation’s limited scope. The EU ETS direc

about 3 years ago
Dual-fuel VLCC Antonis I. Angelicoussis acquires Green Award certification
Clean Fuel

Dual-fuel VLCC Antonis I. Angelicoussis acquires Green Award certification

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Greek-flagged LNG dual-fuel very large crude carrier (VLCC) Antonis I. Angelicoussis has received a certification from the Green Award Foundation, becoming the first of its kind to join the Green Award program. The certification includes the Green Award greenhouse gas labels CO2 (level 1) and CH4. T

about 3 years ago
NextDecade signs $356M loan agreement for Rio Grande LNG
Clean Fuel

NextDecade signs $356M loan agreement for Rio Grande LNG

Texas-based energy company NextDecade has entered into a credit agreement with a group of lenders for $356 million of senior loans to finance a portion of the first three LNG trains (Phase 1) at its Rio Grande LNG export facility in Brownsville. According to NextDecade, the senior loans were disburs

about 3 years ago
French company seeking contractors to design offshore hydrogen ecosystem
Clean Fuel

French company seeking contractors to design offshore hydrogen ecosystem

A French company specializing in renewable energy production has issued a contract notice seeking contractors for the design and supply of an offshore hydrogen production and transport ecosystem. EDF Renewables, a wholly-owned subsidiary of the French utility EDF Group, published the contract notice

about 3 years ago
Crowley nuclear power
Clean Fuel

Crowley moves into nuclear energy sector with BWXT

Florida-based shipping and energy supply chain company Crowley has teamed up with nuclear power firm BWX Technologies through a memorandum of understanding for a ship concept that has the potential to generate nuclear power. Under the cooperation, the duo will work on the design, engineering, and de

about 3 years ago
Amin H. Nasser, Saudi Aramco President & CEO; Source: Saudi Aramco
Clean Fuel

Aramco CEO: Widening gap in global energy transition lays bare need for ‘more realistic and robust’ multi-source plan

Aramco’s CEO has called upon world leaders and energy players to devise concrete transition steps in a bid to ensure a just transition and avert a potential energy crisis, as a result of a premature phasing out of fossil fuels.

about 3 years ago
WinGD KSS Line
Clean Fuel

WinGD, KSS Line forge alliance on ammonia-powered future

Swiss marine power company WinGD has signed a memorandum of understanding with South Korean shipowner KSS Line to explore X-DF-A dual-fuel ammonia engines for future newbuilds. WinGD is due to begin validation of its ammonia-fuelled engine concept on single and multi-cylinder test engines, in Winter

about 3 years ago
Freeport East could play a key role in hydrogen-enabled shipping corridors, study shows
Clean Fuel

Freeport East could play a key role in hydrogen-enabled shipping corridors, study shows

Freeport East, one of eight new Freeports in England covering an area within roughly 45 kilometers of the ports of Felixstowe and Harwich, holds the potential to become a key player in the development of hydrogen-enabled green shipping corridors as well as decarbonization of transport, a new study s

about 3 years ago
OCI Global secures green methanol bunkering permit in Egypt
Clean Fuel

OCI Global secures green methanol bunkering permit in Egypt

OCI Global, a producer and distributor of hydrogen-based products, has secured its first green methanol bunkering permit in Egypt’s East Port Said and West Port Said.

about 3 years ago
JERA invests in CO2 capture and hydrogen storage tech company
Clean Fuel

JERA invests in CO2 capture and hydrogen storage tech company

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 offerin

about 3 years ago
mpa singapore rotterdam port
Clean Fuel

MPA Singapore, Port of Rotterdam & partners set sights on 30 pct emission reduction by 2030

The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam (PoR) and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop, held this week in Rotterda

about 3 years ago
Lepta Shipping, MOL, and Union Maritime lead the pack with new orders
Clean Fuel

Lepta Shipping, MOL, and Union Maritime lead the pack with new orders

Japanese shipping company Lepta Shipping, a joint venture between Nissen Kaiun and Mitsui & Co., has placed an order for the construction of four 40,000 cbm LPG carriers with Jiangsu Yangzijiang Shipbuilding Group, one of China’s prominent shipbuilders. The LPG carriers are slated for delivery betwe

about 3 years ago
DSIC orders GTT tank design for two LNG carriers
Clean Fuel

DSIC taps GTT for tank design of three new LNGCs

French LNG containment specialist GTT has received an order from the Chinese shipyard Dalian Shipbuilding Industry (DSIC) for the tank design of three new liquefied natural gas carriers (LNGCs), on behalf of China Energy. GTT said it will design the tanks of the three vessels, which will each offer

about 3 years ago
Royal Caribbean Symphony of the Seas
Clean Fuel

Royal Caribbean wraps up 12-week biofuel test run in Europe

Cruise shipping major Royal Caribbean Group has completed over 12 consecutive weeks of biofuel testing in Europe. The company began testing biofuels last year and expanded the trial this summer in Europe to two additional ships — Royal Caribbean International’s Symphony of the Seas and Celebrity Cru

about 3 years ago