In Denmark, Maersk has completed the conversion of the Maersk Halifax into a dual-fuel methanol-powered container ship, the largest retrofit of its kind, following an 88-day operation at Zhoushan Xinya Shipyard in China, finalized in October 2024. The retrofit, led by MAN Energy Solutions, included replacing engine parts, adding new fuel tanks, a fuel preparation […]
In China, Towngas and CPN signed a Memorandum of Understanding in Hong Kong, committing to distribute ISCC-certified green methanol to support the city’s maritime decarbonization efforts and meet growing demand for alternative marine fuels. Under the agreement, Towngas will supply methanol produced at its Ordos, Inner Mongolia plant, which converts biomass and municipal waste into […]
In Singapore, Manifold Times reports LNG, once the cheapest fuel option in Rotterdam, has now become significantly more expensive than biofuel blends, reversing a long-standing trend. Rotterdam’s LNG price has climbed to an $80 per metric ton premium over B24-VLSFO HBE, a biofuel blend containing 24% palm oil mill effluent biofuel, according to bunker intelligence […]
In Texas, Global Trade Magazine reports China plans to issue its first export quotas of 500,000 metric tons for marine biofuel blends by early 2025, targeting European trade routes to support domestic biodiesel producers hit by EU anti-dumping tariffs, according to industry sources and consultancy JLC. The state-owned oil companies CNPC, Sinopec, and CNOOC are […]
In South Dakota, Summit Carbon Solutions announced the submission of its permit application to the South Dakota Public Utilities Commission (PUC), marking a major milestone in its effort to develop a transformative infrastructure project that benefits landowners, agriculture, and communities statewide. This filing reflects extensive engagement with South Dakotans to create a pipeline route shaped […]
In Tennessee, EPRI and the Tennessee Valley Authority (TVA) announced the successful demonstration of renewable diesel as a combustion turbine fuel for power generation. The demonstration—the first U.S. test and the largest conducted in the world—was performed on a 76-megawatt dual-fuel natural gas/diesel unit at TVA’s Johnsonville site in Tennessee. EPRI collaborated with TVA’s Innovation […]
In Norway, Rystad Energy says that under increasing pressure to decarbonize and shift away from traditional fossil fuels, the world’s leading oil and gas companies are ramping up investments in the biofuels sector. Major players such as BP, Chevron, Shell, TotalEnergies, ExxonMobil and Eni are incorporating biofuels into their broader energy transition strategies, recognizing the […]
In California, Ferment, a venture studio that creates bio-enabled product companies, has launched a new $20 million studio fund to rapidly translate biology into products that solve targeted problems across sectors including energy, agriculture, materials, and health. The new fund’s first creation and $2.5 million investment is Alchemyca, a company that uses enzymes, sensors, and […]
In Tennessee, using technology developed by researchers working with the Center for Bioenergy Innovation at the Department of Energy’s Oak Ridge National Laboratory and Dartmouth College, startup company Terragia Biofuel is targeting commercial biofuels production that relies on plant waste material and consumes less energy. The technology can help meet the demand for billions of […]
In Washington, Biden-Harris administration released a new report, Building a Vibrant Domestic Biomanufacturing Ecosystem, to advance biotechnology and biomanufacturing as part of a broader national bioeconomy implementation plan. This announcement follows the 2022 National Biotechnology and Biomanufacturing Initiative (NBBI) Executive Order 14081 signed by President Biden to establish a strategic direction for domestic biomanufacturing expansion in the […]
