Energy

Pioneering Biofuel Bunker Blend Adoption at Sharjah A groundbreaking event has taken place at Sharjah port, where a very large gas carrier, the Lycaste Peace, has been refueled using a cutting-edge biofuel bunker blend. Inpex Corporation, an energy company renowned for its environmentally-conscious expertise, supplied the B24 blend on May 21. The blend combines 24% […]

Equinor-Cheniere Alliance: A 15-Year Purchase Agreement Global energy giants Equinor and Cheniere have joined forces in a groundbreaking agreement that will see the two companies solidify their 15-year relationship with an annual commitment of around 1.75 million tons of Liquefied Natural Gas (LNG). Spanning from 2027, the deal will bolster Equinor’s LNG exports from Cheniere’s

A Growing Commitment to Biofuels Commodities giant Cargill is steadily increasing the number of biofuels utilized by its shipping fleet, as reported by Jan Dieleman, head of the company’s shipping arm. Cargill is currently using around 30,000 mt to 35,000 mt of biofuel bunkering, with expectations for this number to rise significantly. According to commodity

The Battle of Alternative Fuels The shipping industry stands at a crossroads, searching for the ideal alternative fuel to lower greenhouse gas (GHG) emissions and meet growing environmental demands. This week, SEA-LNG, an esteemed LNG bunker industry body, unveiled a compelling study that revealed LNG and its eco-friendly alternatives as a far more cost-effective option

Methanol-Powered Vessels Take the Helm Denmark-based Maersk announced on Monday that it has secured carbon-neutral methanol fuel for the maiden voyage of the world’s first methanol-enabled container vessel. This groundbreaking development comes in response to the shipping industry’s growing interest in methanol as an alternative, eco-friendly fuel source in its quest for net-zero emissions by

Innovative Partnership Unleashed Quadrise, a renowned emulsion fuels company, has secured a lucrative deal for the implementation of its groundbreaking processes at a heavy oil production facility in Utah. The agreement, formed with Valkor Technologies, will incorporate both Quadrise’s MSAR and bioMSAR processes, as announced in the company’s statement on Monday. The collaboration, spanning a

The Green Revolution in Shipping As concerns over climate change and environmental degradation continue to rise, the shipping industry leaps to a greener future. Japanese shipping giant MOL, leading the charge, has announced ambitious plans to operate at least 90 ships powered by eco-conscious fuels by 2030. This bold initiative is an important stride towards

The Emergence of BioMSAR Fuel In a quest for sustainable and cost-effective energy sources, emulsion fuel company Quadrise has recently inked a joint development agreement with BTG Bioliquids BV. Aimed at encompassing BTG’s fast pyrolysis bio-oil (FPBO) into Quadrise’s bioMSAR fuel, this collaboration signifies a momentous stride in the green energy sector. BTG presently operates

A National Transformation As the quest for sustainable and clean fuels accelerates worldwide, Japan has resolved to make a considerable contribution by putting its faith in hydrogen to decarbonize its crucial industrial sectors. On Tuesday, the Japanese government unveiled a plan to supply over $107 billion in hydrogen investments over the next decade and a

Fueling the Future: Biofuels in Shipping Shipping, an industry responsible for transporting up to 90% of global trade, is under immense pressure to minimize its environmental impact. An increasingly viable solution lies in biofuels, which possess the potential to reduce carbon emissions significantly. Yet, a recent white paper by DNV highlights the supply constraints and