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ARPA-E to award up to $45M to support developing marine CO2 removal industry; SEA CO2

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The US Department of Energy (DOE) Advanced Research Projects Agency - Energy (ARPA-E) will award up to $45 million in funding to support a new program aimed at facilitating the development of the marine carbon dioxide removal (mCDR) industry through scalable Measurement, Reporting and Validation (MRV) technologies.

Mariner 468
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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.

Chevron 150
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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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The new funds are expected to enable ZEI to roll out its next-generation fully integrated marine power system and scale quickly to meet the demand within the maritime industry for zero-emission propulsion solutions. ZEI produces marine-specific turn-key fuel cell power and hydrogen storage systems that deliver superior performance.

Chevron 334
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Fairbanks Morse Defense, ORNL collaborate on developing low-lifecycle carbon fuel (LLCF) technology for marine engines

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Oak Ridge National Laboratory (ORNL) and Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, have entered into a Memorandum of Understanding (MOU) to collaborate on the development and integration of alternative fuel technologies aimed at reducing the marine engine’s reliance on fossil fuels.

Mariner 150
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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

Mariner 273
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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.

Mariner 273
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Neste introduces co-processed marine fuel in partnership with Nordic Marine Oil; up to 80% GHG emission reduction

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Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 Co-processed marine fuel in Scandinavia, a solution helping the maritime sector to reduce the greenhouse gas (GHG) emissions. Neste Marine 0.1 Co-processed is based on Neste Marine 0.1 low-sulfur marine fuel.

Mariner 186