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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley. ZEI currently offers the ZEP 250, a modular 250 kW hydrogen fuel cell power unit.

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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

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MOL and Chevron to partner on lowering carbon intensity of marine industry; tankers first

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(MOL) and Chevron Singapore signed a memorandum of understanding (MoU) for a strategic alliance aimed at lowering the carbon intensity of the marine energy industry. They will seek to collaborate on a variety of potential business opportunities that lead to a lower-carbon future.

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ESL Shipping first to utilize Neste’s co-processed marine fuel for GHG emissions

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Finnish shipping company ESL Shipping will become the world’s first shipping company to start utilizing new low-emission Neste Marine 0.1 co-processed marine fuel ( earlier post ) in its vessels in Finland and Sweden. The co-processed marine fuel is something we have been waiting for a long time. Neste Marine 0.1

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SK invests in electrofuels company Infinium

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Infinium Electrofuels technology converts carbon dioxide waste and renewable power through its proprietary process to create hydrogen-based alternatives to traditional fossil-based fuels. Electrofuels are ultra-low carbon drop-in fuels that can be used in today’s infrastructure and engines without modifications or upgrades.

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Rio Tinto and bp to work together on one-year trial of B30 marine biofuel

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Rio Tinto and bp have agreed to work together on a one-year marine biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet. The fuel will be trialed on Rio Tinto’s RTM Tasman vessel on a mix of Transatlantic and Atlantic-Pacific routes, in one of the longest-duration marine biofuel trials to date.

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Hankuk Carbon, Dymag partner to mass manufacture carbon composite wheels for automotive

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Hankuk Carbon Co Ltd, a manufacturer of advanced composite materials, has formed a strategic joint-partnership with Dymag, a manufacturer of carbon composite wheels, to enable the mass production of high-performance carbon composite wheels for the world’s leading automotive OEMs.

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