South African chemical and energy company Sasol and Itochu Corporation of Japan have signed a Memorandum of Understanding (MoU) to jointly study and develop the market and supply chain for green ammonia with a focus on its use in applications such as marine bunker...
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PROMAN STENA BULK TANKERS TAKE ON KOREA’S FIRST METHANOL BUNKERS
Proman Stena Bulk, the joint venture between methanol producer Proman and tanker shipping company Stena Bulk, has announced that the company's two operational methanol-fuelled tankers have become the first vessels to bunker methanol in Ulsan, South Korea. Stena Pro...
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EU SETS TARGETS FOR CARBON CAPTURE
According to the International Chamber of Shipping (ICS), the European Union is introducing a new Act, proposed by the European Commission, which will have an annual target for carbon capture and storage (CCS). The Net Zero Industry Act aims to accelerate the...
LR REPORT POINTS TO CCUS AS WAY FORWARD, SUBJECT TO INVESTMENT
The Lloyd’s Register (LR) Maritime Decarbonisation Hub’s Zero-Carbon Fuel Monitor has found that although technology readiness is high, the formation of viable economic cases for each player in the supply chain is needed to scale up adoption of Onboard Carbon Capture...
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