The global shipping industry carries 80% to 90% of global trade, yet the industry has not yet begun to decarbonize in any meaningful way.
Fuel/Energy Type: Biofuels
Singapore’s marine biofuel demand could double by 2025: TotalEnergies executive
Marine biofuel demand at the world’s largest bunker hub Singapore could potentially double by 2025 to almost 1 million metric tonnes from 2023 levels as shippers seek to cut emissions, a senior TotalEnergies executive said.
Korea updates laws to promote biofuels, energy security
South Korea passed amendments to its laws on 9 January which will make it easier to produce biofuels via co-processing, refiners said.
Greek owner to sell all container ships, spend $3B on LNG tankers
There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments?
Peninsula hits landmark with first supply for LNG-powered cruise ship
Peninsula’s liquefied natural gas supply vessel, Levante LNG, refuelled the Royal Caribbean Group cruise vessel Silver Nova last Saturday, the company’s first LNG supply in Gibraltar
Technology aims to sequester carbon deep in the ocean off B.C. coast
A project off B.C.’s coast focused on removing carbon dioxide from the air is aiming to tap into a resource that makes up roughly 70 per cent of the Earth’s surface – the ocean.
Assessing the future prospects of emerging technologies for shipping and aviation biofuels: A critical review
The focus of this review is on the current trends in the production of biofuels for the marine and aviation sectors, taking into account the main targets set, the existing regulations and directives on the subject, and an analysis of the type of technologies used for their production.
Monjasa completes first biofuels supply operation in Peru
Monjasa and FAMOIL have supplied a total of 510 tonnes of B30 marine biofuels, for the first time in South America, in the port of Callao, Peru, to the Cargill operated dry bulk carrier, Infinity Sky