Marine Bunker
HD Hyundai Heavy Industries builds world's first ammonia-powered vessel
A net-zero roadmap released by the International Energy Agency (IEA) projects that ammonia will account for 8% of marine fuel demand in 2030, rising to 46% by 2050, indicating that demand for ammonia-powered vessels is expected to grow significantly.
Sumitomo Corporation, “K” LINE and NYK Line conclude MoU for new build ammonia bunkering vessel operation in Singapore
Sumitomo Corporation, Kawasaki Kisen Kaisha and NYK Bulkship (Asia) Pte. Ltd. (NYK Line) have entered into a MoU to jointly conduct a FEED study and explore the ownership of a new-build ammonia bunkering vessel for application in Singapore.
Global shipping industry sticks with green investments, despite carbon price delay
Europe, Brazil and a host of other nations are pushing the sector, which is responsible for nearly 3% of the world's greenhouse gas (GHG) emissions, to go green.
IACS issues new Unified Requirement on ammonia release mitigation systems
IACS has published a new Unified Requirement (UR H2) establishing a comprehensive safety framework for ammonia release mitigation systems (ARMS) on ammonia-fueled ships.
- INEOS Acetyls and Sandpiper Chemicals announce $1.7-B, 1.1-MMtpy low-carbon methanol project in Texas (U.S.) 4/29
- Envision joins AEA Ammonia Certification System pilot to accelerate global clean ammonia trade 4/29
- BASF and Nutrien collaborate on expanding access to low-carbon biofuel markets 4/29
- India proposes rules to allow higher ethanol-blended fuels in vehicles 4/29
- Indian refiners' March crude processing slips 1.8% from a year earlier 4/29
- Sinopec refinery utilization drops, but chemical exports rise due to Iran war 4/29
