The European Commission has published its proposal for a 2040 climate target: greenhouse gas emissions must be reduced by 90% by 2040 at the latest, receiving positive feedback from European shipowners.The shipowners welcome the strong commitment…
Global container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessels…
“The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in 2030 can be met using sustainable biofuels. Many different sectors will compete for those fuels, so shipping is focusing on transitioning to alternative green and blue fuels…
Vitol says it successfully completed its first biofuel deliveries in Fujairah.Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 VLSFO on December 8 and 14. The fuel was sourced from its Fujairah-based refinery FRL…
Emissions regulations continue to become more stringent for ports, pushing more port authorities and terminal operators away from diesel and gasoline and toward alternative energy sources like propane. Capable of powering essential port applications like yard tractors…
DP World announced it has signed a memorandum of understanding (MOU) with Pacific International Lines (PIL) to jointly develop green solutions to decarbonize global supply chains. The agreement pairs DP World, which handles around 10% of the world’s container trade…
Singapore's Maritime and Port Authority (MPA) said on Thursday it was seeking proposals from companies to supply methanol as a marine bunker fuel at Singapore from 2025.The call emerged ahead of an expected uptick in methanol-powered ships,…
As vessel owners and port terminal operators search for the tools and the fuels to achieve decarbonization goals, Jim Bunsey, Director of Commercial Business Development, PERC, makes the case for propane premised on its availability, logistics infrastructure and ease of transition with machinery.
Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in the second quarter of 2024, a senior executive said on Tuesday.The move comes as the European Union will extend its Emissions…
Maersk on Wednesday announced it had entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind, and said production of green methanol was high on the political agenda in China.Shipping industry…
Considerable private investment is required to scale up the low-carbon hydrogen economy in the United States by 2030, a report by consultancy Wood Mackenzie said on Tuesday, adding that the $7 billion allotted by the U.S. Department of Energy (DoE) to regional hubs was a significant step…
The Propane Education & Research Council (PERC) is celebrating the second annual National Propane Day on October 7, 2023. “By keeping both small and large material handling operations running, propane is the powerhouse of the U.S. supply chain…
The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority 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…
Maersk has teamed up with its majority owner to form a new company to produce 'green methanol', the shipping company said on Thursday, as it held a naming ceremony for the world's first container vessel powered by the low-carbon fuel.Green methanol…
Mitsui O.S.K. Lines, Ltd. (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte. Ltd (Shell), have signed a memorandum of understanding (MOU) to jointly focus on the advancement of alternative maritime solutions…