In New Jersey, KPI OceanConnect completed its inaugural marine fuel carbon offset transaction with a seismic research vessel owner, the volume of which was not disclosed. The carbon offsets were derived from a Texas wind farm and verified by Verra Registry. This achievement comes as the maritime industry faces pressure to meet International Maritime Organization […]
In the UK, an independent study by Sphera commissioned by the Society for Gas as a Marine Fuel has confirmed using ammonia as a marine fuel can achieve greenhouse gas (GHG) reductions of up to 61%, compared to current oil-based marine fuels. Conducted according to International Organization for Standardization (ISO) standards and reviewed by experts […]
In The Netherlands, Offshore Energy reported that South Korean shipping company HMM and Shanghai International Port Group (SIPG), the exclusive operator of all the public terminals in China’s Port of Shanghai, have signed a memorandum of understanding (MoU) to collaborate on clean marine fuel supply, specifically focused on bunkering methanol and LNG at Shanghai port. […]
In The Netherlands, Offshore Energy reported that Norway-based firm United European Car Carriers (UECC) has spearheaded a collaboration with industry partners to advance cashew nut shell liquid (CNSL) as a sustainable marine fuel. UECC is collaborating with the UK’s maritime advisory organization Lloyd’s Register FOBAS, Finnish engine manufacturer Wartsila, and Dutch biofuel supplier ACT Group […]
