Tag: alternative fuels

In 2021 BIMCO initiated a project to develop a suite of LNG fuel clauses for time charter parties. The number of LNG fuelled ships in operation is growing steadily and the suite reflects the need to have bespoke clauses in time charters for these ships.

The capesize bulker Friendship, owned by Seanergy Maritime and chartered by NYK, has collaborated with Anglo American to complete a trial using biofuel to transport cargo.

Wärtsilä developed a fuel supply system for methanol, MethanolPac, as more and more companies show interest in the methanol pathway, in order to achieve their decarbonization goals.

Through continued investment in alternative marine fuels, United European Car Carriers (UECC) informed that last year reduced its CO2 emissions by 29,000mts when compared to conventional marine fuels.

The Norwegian Minister of Petroleum and Energy announced the Research Council of Norway’s investment of EUR 20,271,400 in HYDROGENi: a new centre for environment-friendly energy research (FME) dedicated to hydrogen and ammonia.

To boost the global production capacity of green methanol, Maersk entered strategic partnerships with six companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025.

Peel Ports will use greener alternative fuels for straddle carriers and plant equipment across the majority of its estate by 1 April.

RINA has signed an agreemetn with 5M Renewables for the collaboration on the concept development for the Thessalonica HydroShip, which is a Floating Green Hydrogen Production Vessel.

The Global Industry Alliance to Support Low Carbon Shipping (Low Carbon GIA) has released a report on sustainability criteria and life cycle GHG emission assessment methods and standards for alternative marine fuels.

Repsol and Navantia signed a collaboration agreement to develop innovative solutions to decarbonize maritime transport. In this way, both companies reinforce their commitment to accelerate the energy transition and achieve carbon neutrality.