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IIT Bombay has partnered with HSBC to pursue technological advancements towards making green hydrogen production more efficient, cost-effective, and scalable. According to media communique, the focus of the joint initiative will be on innovative projects that will help position green hydrogen as a strategic alternate fuel; help in building a robust, green hydrogen economy and
The Automotive Research Association of India (ARAI) has received thirteen technical bids for pilot projects for the use of green hydrogen in the transport sector. ARAI, the implementing agency for these projects, is currently conducting a technical evaluation of the proposals. An allocation of Rs 496 crore has been made for green hydrogen and other
India’s total consumption of crude oil or petroleum products rose 4.6 pent in fiscal 2023-24 (FY24) to 233.3 million metric tonne (MMT), while domestic production of crude oil rose marginally at 0.6 per cent. The domestic crude oil production was almost unchanged at 29.4 MMT in 2023-24, compared to 29.2 MMT in the year-ago period.
ABS has released technical and operational advisory on using on methanol as a marine fuel. The new advisory provides the maritime industry with insight into the challenges of bunkering methanol and strategies to address them. The publication provides guidance regarding the technical and operational challenges of the supplier to the receiving vessel including critical design
Carras (Hellas) S.A. is taking the next step in its sustainability journey by receiving the ABS Biofuel-1 notation for its Aquataurus ultramax bulk carrier, the first vessel in the world to qualify. The notation is assigned to vessels that use a biofuel blend of up to and including 30 percent biofuel in compliance with IMO
Hapag Lloyd’s brand continues to appear on the radar of green shipping developments following last week’s announcement that Zemba (Zero Emission Maritime Buyers Alliance) has awarded the Hamburg carrier a zero-emission contract. In the latest decarbonisation drive involving Hapag Lloyd (HL) has signed an agreement with vessel owner Seaspan Corporation to retrofit five 10 100-TEU charter
IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine energy and maritime sectors and help facilitate shipping’s decarbonisation efforts. The parties have agreed to leverage their respective expertise and resources to develop
BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company’s plans to cut shipping emissions. The global mining giant has shortlisted eight companies for the building, operation and fuel supply for at least one such vessel, Rashpal Singh Bhatti, vice president of maritime and supply chain excellence at
ABS has released technical and operational advisory on using on methanol as
Carras (Hellas) S.A. is taking the next step in its sustainability journey
Hapag Lloyd’s brand continues to appear on the radar of green shipping
IBIA – The International Bunker Industry Association and BIMCO have signed a
BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026
China’s exports of marine fuel oil fell 32 percent in March 2024