In New York Amogy announced on January 15 it raised $56 million in new funding to advance its ammonia-to-power solutions for maritime and industrial applications. The round, co-led by Aramco Ventures and SV Investment, brings its total funding to over $270 million. New backers like Samsung Heavy Industries and BHP Ventures joined returning investors, including […]
In Malaysia, Dayak Daily reported Sarawak Petchem shipped 20,000 metric tonnes of methanol to China from Bintulu on January 14, marking a milestone in the state’s energy ambitions. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg, speaking at the Tanjung Kidurong event, reflected on the project’s uncertain beginnings. “We were unsure at first…but I […]
In the UK, The International Chamber of Shipping reported forty-seven nations, alongside the shipping industry, unveiled a groundbreaking proposal on January 9 in London for pricing greenhouse gas emissions in international shipping. The plan, requiring ships to pay annually based on emissions, aims to fund a multi-billion-dollar IMO GHG Strategy Implementation Fund. The mechanism, if […]
In the UK, Lloyd’s List reported South Korea will invest Won1trn in green marine fuel infrastructure by 2030, starting with Ulsan Port, to meet rising demand for eco-friendly fuels and bolster its ports’ global competitiveness. The Ministry of Oceans and Fisheries and Korea Ocean Business Corporation launched the initiative, with funds split between Won400bn for […]
In Texas,Yokogawa Corporation of America announced that it has joined a research team awarded $7.8 million by the Defense Advanced Research Projects Agency to develop a biologically fueled energy system to power ocean monitoring devices. The Persistent Oceanographic Device Power project aims to create microbial fuel cells capable of generating consistent electricity to revolutionize energy […]
In The Netherlands, Offshore Energy reported Chimbusco Pan Nation Petro-Chemical delivered “ISCC-EU certified B24 marine biofuel” to Royal Caribbean Group’s cruise ship Celebrity Solstice in Hong Kong as part of a collaboration aimed at advancing greener maritime practices. CPN described the delivery as a “landmark” event, emphasizing its role in “strengthening Hong Kong’s role in […]
In Greece, Safety4Sea reported Shanghai Huayi Holdings Group started construction on a “100,000-ton annual green methanol project” in Shanghai, part of efforts to align with China’s “dual carbon” strategy of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060. The facility, described by the company as a collaboration between state-owned assets and enterprises, […]
In The UK, Sea News reported Höegh Autoliners and Svitzer introduced the EcoTow solution during the Höegh Aurora’s maiden voyage to four Australian ports, achieving a “near 100% reduction in CO2 emissions relating to the towage operations.” This was accomplished using Svitzer’s carbon insetting system, which offsets towage emissions through biofuel consumption across its international […]
In Singapore, Berge Bulk announced together with BHP the completion of the first-ever iron ore voyage from Australia to China powered entirely by B100 biodiesel on the Berge Lyngor, a Newcastlemax bulk carrier. The biodiesel, made from vegetable oil, animal fat, and waste cooking oil, was bunkered before the voyage and marks Berge Bulk’s first […]
In Singapore, Manifold Times reported Shanghai Port conducted its first methanol bunkering operation of 2025 on January 1, supplying 3,000 metric tonnes of green methanol to the Ane Maersk during simultaneous operations at the Yangshan Port Area. This marked the start of regular methanol bunkering services at the port, according to Shanghai International Port Group. […]
