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Greenhouse Gas Emissions Regulations News

23 Nov 2023

Hanwha Ocean Lands $500M Deal to Build Four Very Large Ammonia Carriers

A rendering of Hanwha Ocean’s very large ammonia carrier (VLAC) - Credit: Hanwha Ocean

Hanwha Ocean has secured an order worth approximately $500 million to construct four very large ammonia carriers (VLACs) for Greek shipping company Naftomar Shipping and Trading Co. Ltd. Inc (Naftomar). Each VLAC will be able to transport 93,000 cubic meters (cbm) of ammonia, a carbon-free fuel, making them the largest vessel of their class in the world, Hanwha Ocean. The vessels will be built at Hanwha’s Geoje shipyard and delivered to the shipowner starting in 2026.The VLACs will be outfitted with Hanwha Ocean’s latest technologies…

14 Feb 2023

South Korean Partners to Develop Nuclear-powered Ships

(Photo: KAERI)

A group of partners in South Korea has set out to develop, demonstrate and commercialize vessels powered by small modular reactors (SMR).Nuclear power for ships has been gaining interest amid stricter greenhouse gas emissions regulations in the international shipping sector.Nine participating institutions, including KAERI, Gyeongsangbuk-do, Gyeongju-si, Korea Research Institute of Ships and Ocean Engineering (KRISO), Korean Register (KR), H-Line Shipping Co., Ltd., HMM Co., Ltd., Wooyang Shipping Co., Ltd., Sinokor Merchant Marine Co., Ltd.

03 Oct 2018

Singapore Funds Green Marine Fuel Program

Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner alternative marine fuels such as biofuels and methanol. Senior Minister of State, Dr Lam Pin Min announced initiatives by Maritime and Port Authority of Singapore (MPA) said that companies can use the fund in their research and development in alternative fuels to meet future greenhouse gas emissions regulations.He said, to ready the Singapore bunker industry ahead of the International Maritime Organization’s 0.5 per cent global sulphur cap taking effect from January 2020 and to support R&D in alternative fuels, as well as digitalisation.

14 Jul 2015

British Columbia Readies for LNG Industry

British Columbia Finance Minister Mike de Jong has tabled a bill designed to spell out the rules for a proposed $45-billion liquefied natural gas (LNG) industry, placing the Liberal government’s pro-LNG agenda on a collision course with the NDP. The bill provides the legal authority for government to enable a project agreement with Pacific NorthWest LNG. “This is an opportunity for the public, for legislators to analyze and discuss the documents and the legislation that will breathe life into a whole new industry and whole era of opportunity in B.C.,” he said. B.C. Opposition NDP Leader John Horgan, however, said his party will be opposing the bill because it has flaws, stressing that the NDP is not against resource development.

24 Feb 2014

Justices Question Obama Climate Change Regulations

The U.S. Supreme Court appeared closely divided on Monday as it weighed whether the administration of President Barack Obama exceeded its authority when crafting the nation's first greenhouse gas emissions regulations. Justice Anthony Kennedy could hold the swing vote on the nine-member high court, with conservative justices skeptical of the U.S. Environmental Protection Agency's (EPA) approach and liberal justices generally supportive. It is possible the court could opt for a compromise in which the EPA loses the case but retains most of its authority to regulate greenhouse gases under the specific program at issue in the case. Such a move could potentially win the support of some liberal justices.