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September 21, 2023
Energy
DHL invests in Irish bio-methane production
CORK: DHL Supply Chain is investing €80 million in a local bio-methane production plant to supply enough green fuel for a fleet of 150 trucks and cut CO2 emissions by 15,000 tonnes per annum. The project includes partnering with grocery retailer Tesco Ireland…
September 20, 2023
Energy
A.P. Moller Holding funds green methanol start-up
COPENHAGEN: A.P. Moller Holding and A.P. Moller Maersk (Maersk) have provided the capital for energy start-up C2X to produce three million tonnes of green methanol by 2030. Methanol, a fundamental building block in plastics, glues and textiles is almost…
September 19, 2023
Energy
Logistics giants cooperate to save the planet
COPENHAGEN/MARSEILLE: A.P. Moller – Maersk A/S (Maersk) and CMA CGM are to advocate and develop the use of greener fuels in a bid to accelerate the decarbonisation of the maritime shipping industry. Both companies say they want to work with other shipping…
September 14, 2023
Energy
Maersk’s ‘Laura’ returns with renewed energy
COPENHAGEN: European Commission president Ursula von der Leyen has named Maersk’s first methanol-powered container ship “Laura Maersk” at a ceremony in Copenhagen this week. Called after the company’s first steamship in 1886, von der Leyen said the new vessel…
September 05, 2023
Energy
Bio-LNG now available in 70 ports worldwide
GENEVA: The Mediterranean Shipping Company (MSC) has joined SEA-LNG, the multi-sector industry lobby group for low-carbon alternatives to bunker fuel. Last year the world’s largest container shipping line introduced five dual-use LNG-powered vessels and has…
September 05, 2023
Energy
Ammonia a cost-effective alternative to bunker fuel by 2026
COPENHAGEN: An analysis from the non-profit Global Maritime Forum on behalf of the Nordic Green Ammonia Powered Ships (NoGAPS) project, says the cost gap between operating ships on zero-emission ammonia and conventional fuel could be eliminated before 2030…
August 24, 2023
Energy
Spanish fast ferry uses second-generation biofuel
ALGECIRAS: Spanish energy company Cepsa, owned by the Abu Dhabi sovereign wealth fund, has supplied 100 tonnes of second-generation biofuel for 84 trips by Naviera Armas Trasmediterránea (NAT) ferries from Algeciras to the Spanish enclave of Ceuta in North…
August 24, 2023
Energy
Fossil-fuel subsidies top US$7.0 trillion in 2022
WASHINGTON, DC: The International Monetary Fund (IMF) reports fossil-fuel subsidies hit a record US$7.0 trillion last year as 170 governments responded to rising energy prices from Russia’s invasion of Ukraine and economic recovery from the pandemic. Global…
May 18, 2022
Energy
Marine biofuel pioneer expands in Asia
SINGAPORE: GoodFuels, a biofuels pioneer for the transport industry, has signed a partnership agreement with ITOCHU Corporation, one of Japan’s largest general trading companies, to scale sustainable marine biofuel in Singapore, Japan, and Asia-Pacific. The…
April 08, 2022
Energy
European Union forms energy purchasing collective
BRUSSELS: To avoid relying on Russia for its future energy needs, the European Commission (EC) and EU Member States have set up an ‘EU Platform’ for the purchase of gas, LNG and hydrogen. The Commission says it will operate the platform to cover all aspects…
March 30, 2022
Energy
JPMorgan Chase tops fossil fuel financing
SAN FRANCISCO: Since the Paris Agreement in 2015, the world’s 60 largest private sector banks have provided US$4.6 trillion to the fossil fuel industry, including US$742 billion last year. The 13 annual Banking on Climate Chaos report, produced by Rainforest…
March 28, 2022
Energy
TotalEnergies supplies SAF for A380 test flight
TOULOUSE: The first flight of an Airbus A380 test bed has completed a three-hour flight from Toulouse with one Rolls Royce Trent 900 engine powered entirely by Sustainable Aviation Fuel (SAF). Total Energies supplied the aerospace manufacturer with 27 tonnes…