In Texas, StormFisher Hydrogen secured a $50 million commitment from Hy24’s Clean Hydrogen Infrastructure Fund on February 11 to accelerate its pipeline of clean fuel production projects across North America. The investment will help advance projects toward final investment decisions and support the transition to low-carbon energy solutions. “We are pleased to make our first […]
In Singapore, Manifold Times reports BAC Renewable Energy, Singapore-based Dovechem Group, and TLP Terminal signed a Memorandum of Agreement on February 7 at Tanjung Langsat Port, Johor, to develop the BAC RE ASEAN Biofuels Storage and Exporting Hub for handling biogas-derived fuels, including BioLNG. BAC RE described the project as a step toward “establishing a […]
In Australia, NH3 Clean Energy and Pilbara Ports Authority signed a memorandum of understanding on February 11 to develop export infrastructure for 600,000 tonnes per year of clean ammonia from NH3’s WAH2 Project via the Port of Dampier. The agreement outlines a yearlong collaboration to establish operational arrangements and binding contracts for ammonia handling and […]
In Japan, NYK announced signing a time-charter contract with Yara Clean Ammonia on February 10, for the world’s first ammonia-fueled medium gas carrier, set for delivery in November 2026, aiming to cut emissions from maritime transport and support a growing ammonia supply chain for power generation and marine fuel. “This collaboration enables us not only […]
In Hong Kong, China Daily reported the Minhou, China’s first methanol-diesel dual-fuel cargo vessel, completed its maiden voyage from Shanghai to Chongqing, marking a step toward cleaner inland shipping. Built by Minsheng Industrial, the vessel is one of the first in China to run on methanol and is designed to carry both standard and rail-wide […]
In South Korea, on February 12, the Ministry of Trade, Industry, and Energy announced a $7.63 million R&D initiative aimed at advancing shipbuilding and marine technology. Applications are open through March 13, with funding supporting ten general research projects, two eco-friendly ship advancements, and five digital transformation efforts. The initiative will fund research into ammonia-fueled […]
In Italy, Baker Hughes and Hanwha signed a Joint Development and Collaboration Agreement in Florence on February 3 to develop a small-size turbine capable of running on 100% ammonia, targeting marine and industrial applications with plans for commercial availability by 2027. The partnership will combine Baker Hughes’ small-size gas turbine technology with Hanwha’s ammonia combustion […]
In New York, Amogy announced the opening of a new office in Pangyo, South Korea to advance its ammonia-based power solutions for shipping and industry, citing the country’s strong policy support and established supply chains. Backed by $56 million in venture financing, the expansion places Amogy closer to key partners, including SK Innovation, Samsung Heavy […]
In Germany, an €18.7 million project funded by the German Federal Ministry of Economics and Technology launched on January 24 to develop fuel cell technology for cruise ships, aiming to reduce emissions and bring climate-neutral propulsion to the sector. The zero4cruise initiative focuses on Proton Exchange Membrane fuel cell systems, with initial 250-kilowatt units scalable […]
In Germany, Hapag-Lloyd secured $4 billion in financing for 24 new low-emission container ships to be built in China under its Green Financing Framework, certified by DNV to meet Green Loan Principles. The ships, with a combined capacity of 312,000 TEU, are scheduled for delivery between 2027 and 2029. The financing package includes $900 million […]
