Biofuels News

13 Nov 2019

Maritime 2050: Facing the Decarbonization Challenge

Source: DNV GL

The International Maritime Organization (IMO) greenhouse gas (GHG) strategy signals a true game changing moment for the shipping industry. External pressure was building, but the IMO strategy sets a time line and goals for shipping to tackle one of the great challenges of our time. The GHG strategy gives our latest Maritime Forecast to 2050 its focus, and with this publication we attempt to set out the different strategies and pathways the industry can take to reach these goals.The first conclusion from the report is a sobering one.

01 Nov 2019

Shipping Executives Push 'Carbon Levies'

AdobeStock / © 14KTGold

Executives at some of the world's top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions while providing a means to fund development of cleaner fuel sources."To meet international shipping's decarbonization challenge, the maritime industry needs a carbon levy, it is coming, and we should shape it," said Andreas Sohmen-Pao, chairman of BW Group at the Global Maritime Forum in Singapore this week.The…

31 Oct 2019

IRENA: Shipping Industry Must Cut Emissions

Pic: International Renewable Energy Agency (IRENA)

The International Renewable Energy Agency (IRENA) highlighted the importance of reducing shipping emissions and following the path towards a carbon-zero industry, in line with International Maritime Organization (IMO)’s sustainability targets.IRENA said that immediate action is required if the global shipping industry is to meet a target of halving its carbon emissions by the middle of the century.With heavy fuel oil covering 82 per cent of the sector’s energy needs, decarbonizing global shipping will play a critical role in achieving climate objectives…

01 Oct 2019

KSOE, DNV GL Sign Low-Carbon Emissions MOU

DNV GL and KSOE have signed an MOU to develop low-carbon fuels. Pictured is the MOU signing ceremony which took place at the Gastech trade fair in Houston, Texas, last month. (Photo: DNV GL / KSOE)

DNV GL and Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holding company of Hyundai Heavy Industries’ shipbuilding and offshore business, have signed a memorandum of understanding (MOU) to cooperate on the development of low- and zero-carbon ship technology. The signing took place at the recent Gastech trade fair in Houston, Texa, US and was attended by Ki-Sun Chung, Senior Executive Vice President, and Won-Ho Joo, Director of the Advanced Research Center from KSOE, as well as Conn Fagan…

25 Sep 2019

UN Hails Shipping Progress on Environment

Photo: International Maritime Organization (IMO)

In a cautious yet upbeat message at the close of the Climate Action Summit in New York, UN Secretary-General Antonio Guterres praised the progress made by shipping in the race against the climate crisis, describing it as a "huge step up".He referred to efforts being made by key players in the maritime industry to chart a course for carbon neutrality by 2050 in order to implement International Maritime Organization (IMO)'s initial greenhouse gas reduction strategy. The strategy…

24 Sep 2019

IMO Progressing in Global Climate Action

Image: IMO

The UN Climate Action Summit in New York (23 September) is giving global leaders the chance to show the world concrete proposals and tangible actions being taken in the fight against climate change.IMO Secretary-General Kitack Lim has been reporting on the solid progress being made by the Organization to reduce GHG emissions from international shipping, in support of the 2030 Agenda for Sustainable Development, in particular SDG 13 on Climate change.Lim delivered a keynote address at the opening of the World Economic Forum event on decarbonizing shipping.

19 Sep 2019

Van Oord, Shell Test Biofuel Pilot for Vessels

Photo: Van Oord

Together with Shell, Van Oord is testing the use of biofuel on its fleet. The biofuel reduces CO2 emissions by more than 40% compared with conventional marine fuel. This test fits in with the ambitions of both parties to reduce the CO2 emissions in the maritime industry. The first pilot will take place during a dredging project in Germany on Van Oord's trailing suction hopper dredger HAM 316.The shipping industry is being faced by major sustainability challenges. By 2050, global shipping will have to emit an average of 50% less CO2 than in 2008.

19 Aug 2019

Jumbo's Fairplayer to Test Biofuel Oil

Fairplayer (Photo: Jumbo)

Heavy lift shipping and offshore transportation and installation contractor Jumbo said it has partnered with marine biofuel company GoodFuels in a joint venture initiative to test marine biofuel oil on board a DP2 heavy lift crane vessel during an offshore decommissioning project.The initial project project will see sustainable ‘drop-in’ Bio-Fuel Oil delivered to Jumbo’s offshore vessel Fairplayer ahead of her departure to the North Sea, and will be supplied by GoodFuels’ logistics partner VARO Energy.Wout Janssens…

11 Jul 2019

UK to Insist on Zero Emission Ships from 2025

file Image: AdobeStock / © dbvirago

Britain's government on Thursday said all new ships ordered from 2025 and aimed for its waters must be equipped with zero emission technology, as part of a new plan to cut maritime pollution.Britain last month announced a target to reach net zero greenhouse gas emissions by 2050, making it the first among the major G7 countries to set such a goal.As part of a new "Clean Maritime Plan" unveiled on Thursday, the government said ships ordered from 2025 onwards must have zero-emission capabilities.

03 Jul 2019

Wärtsilä Forms New Biofuel Arm

Wärtsilä Biogas Solutions combines biogas upgrading with liquefaction to offer a full service for advanced biofuel production. Copyright: Biokraft

Finnish shipping technology group Wartsila has merged its Puregas Solutions and biogas liquefaction teams to form a new Biogas Solutions unit that will offer its customers a ‘one-stop-shop service’ for advanced biofuel production.Wärtsilä Biogas Solutions, a unit with expert capabilities in liquefying upgraded biogas for end-customer use, offers products for biogas upgrading to biomethane, and the liquefaction of biomethane into bioLNG."Currently, our market share in this field is almost 60 percent…

27 Jun 2019

NorShipping 2019: A “Koselig” Event

Dr. Kirsi Tikka, Executive Vice President and Senior Maritime Advisor at ABS (foreground) and Niklas Carlen from MSI and Gurinder Singh from ABS (background) during the announcement of the Setting the Course to Low Carbon Shipping vision document. Photo Credit: Joseph DiRenzo

"Koselig" is a Norwegian adjective used to describe situations that give a feeling of comfort, warmth, and relaxation. The NorShipping exhibition and conference, one of the largest in northern Europe, could definitely be described as koselig. Occurring in Oslo, Norway between June 4-7, 2019, the conference featured close to 1,000 exhibitors from around the world. With the prominently featured Blue Economy Hall, terms such as marine sustainability and environmental ocean awareness held the center stage at a number of the events.

26 Jun 2019

Shipping Giants May Miss Climate Targets


© Kalyakan/Adobe Stock

A new report says shipping companies failing to push for the critical technologies required to reduce their carbon footprint, such as emission-free ships.CDP, an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, said that the world’s shipping heavyweights are not investing in key technologies to reduce their carbon footprint, with the sector at risk of not meeting the International Maritime Organization’s (IMO) targets to…

25 Jun 2019

CIMAC World Congress Tackles the Future of Engines

Logo: CIMAC

The CIMAC World Congress, held every three years, is arguably the most technically sophisticated meeting of literal 'power players'., The organization recently concluded its latest meeting, held June 10-14, 2019 in Vancouver, Canada, a meeting which was themed  “Meeting the Future of Combustion Engines.”CIMAC is not maritime specific, rather open to the power market in total, and in total more than 800 participants, exhibitors, and speakers from all parts of the world came to Vancouver for CIMAC’s congress.

14 Jun 2019

US Leads World Oil Reserves

Graph: Rystad Energy

The United States has a world-leading 293 billion barrels of recoverable oil resources, which is 20Bbbl more than Saudi Arabia and 100Bbbl more than Russia, with the Permian Basin leading that charge.Rystad Energy’s estimate of US recoverable oil is also five times more than officially reported proven reserves as published in the BP Statistical Review of World Energy 2019.Tight oil plays in the Permian Basin in Texas and New Mexico now hold 100 billion barrels of recoverable oil resources, according to Rystad Energy’s analysis.

14 Jun 2019

Renewable Energy Brings 11 Million Jobs

Image: IRENA

According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in 2017.As more and more countries manufacture, trade and install renewable energy technologies, the latest Renewable Energy and Jobs – Annual Review finds that renewables jobs grew to their highest level despite slower growth in key renewable energy markets including China.The diversification of the renewable energy supply chain is changing the sector’s geographic footprint.

30 May 2019

ExxonMobil Invests in Cutting Emissions

Darren Woods. Photo: ExxonMobil

ExxonMobil has signed an agreement with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and National Energy Technology Laboratory (NETL) as part of its efforts to advance lower-emissions technologiesExxonMobil will fund operations of the two institutions to the tune of $100 million over the next 10 years, looking to bring biofuels and carbon capture and storage to commercial scale across the transportation.“The agreement adds to our work with more than 80 universities around the world and with five energy centers – at MIT…

26 Apr 2019

Petronas Coming to Brazil

Pic: Petronas

Malaysian national oil company Petroliam Nasional Bhd (Petronas) has acquired a 50% equity stake in Brazil's Tartaruga Verde field following a Sale and Purchase Agreement (SPA)with Brazil’s Petróleo Brasileiro SA (Petrobras).Petronas said in a press release that its subsidiary Petronas Petróleo Brasil Ltd (PPBL) acquired the stake in Tartaruga Verde field (BM-C-36 Concession) and its facilities, Module III of the Espadarte field, both located in deep waters of the Campos Basin…

11 Apr 2019

CSA 2020 Welcomes Samsa Decision on EGCS

Pic: South African Maritime Safety Authority

South African Maritime Safety Authority (SAMSA) has decided to allow the use of exhaust gas cleaning systems (EGCS) in its territorial waters and ports ahead of the IMO 2020 regulation.The Clean Shipping Alliance 2020 (CSA 2020) has welcomed the decision by SAMSA to accept all types of approved exhaust gas cleaning systems (EGCS) for use in its territorial waters.In an IMO 2020 advisory notice issued in March to shipowners, operators, master mariners and bunker suppliers, SAMSA says the use of open-loop…

25 Mar 2019

CMA CGM Boxship Refuels with Bio-Fuel

The CMA CGM refueling operation (CREDIT: GoodFuels Marine

Previously announced IKEA, CMA CGM, GoodShipping Program and Port of Rotterdam pilot celebrates milestone moment in industry-first partnership.IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam announced the successful refueling on Saturday, March 23 of the CMA CGM White Shark with sustainable marine bio-fuel oil.The test, which represents a major step for the decarbonization of ocean freight, saw the companies work together in a first-of-its-kind partnership for the shipping industry.

24 Mar 2019

DSGC Joins Forces with Maersk for Biofuel Project

Pic: Maersk

A group of Dutch multinationals including FrieslandCampina, Heineken, Philips, DSM, Shell and Unilever, all members of the Dutch Sustainable Growth Coalition (DSGC), will join forces with A.P. Moller - Maersk on a pilot testing the use of second-generation biofuel.The test is part of an effort by Maersk to reach its net zero CO2 target by 2050 as a tangible step towards the decarbonization of ocean shipping.A pilot, using up to 20% sustainable second-generation biofuels on a large triple-E ocean vessel will sail 25.000 nautical miles from Rotterdam to Shanghai and back on biofuel blends alone…

17 Mar 2019

OPIS, GLX Roll-out LNG Trading Indices

Pic: EIA

IHS Markit has announced that its energy price-reporting arm, Oil Price Information Service (OPIS), has signed a strategic agreement for an end-to-end LNG trading solution with GLX, an online platform to transact physical LNG cargoes.OPIS, an internationally-referenced price reporting agency serving the oil, natural gas, chemical, coal and biofuels industries has been a long-trusted industry leader for energy price indices, real-time news and expert analysis across the global fuel supply chain.

12 Mar 2019

Partnership to Test Sustainable Marine Bio-Fuel Oil

CMA CGM Group vessel © CMA CGM

IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will commence with a landmark bunkering of the marine bio-fuel oil on a CMA CGM container vessel on March 19th, representing a major step towards the decarbonization of ocean freight.The test is being facilitated by the GoodShipping Program, a sustainable initiative dedicated to decarbonizing ocean freight…

04 Feb 2019

Blockchain to Track Sustainable Biofuel

BHP and NYK use GoodFuels biofuel to progress decarbonisation goals. Image: GoodFuels

Japanese shipping company NYK, global mining company BHP, green biofuel company GoodFuels and the developer of blockchain applications for the maritime industry Blockchain Labs for Open Collaboration (BLOC) bunkered biofuel in the tanks a BHP vessel in Netherlands.The Netherlands based GoodFuels Marine, a supplier of sustainable low carbon marine fuels, has annouced the successful delivery of sustainable biofuels to the BHP-chartered, NYK-owned bulk carrier Frontier Sky, with CO2 savings verified with BLOC’s blockchain fuels assurance platform.

Maritime Reporter Magazine Cover Nov 2019 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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