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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. ZEI produces marine-specific turn-key fuel cell power and hydrogen storage systems that deliver superior performance.

Chevron 334
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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. MOL is honored to have the opportunity to jointly study GHG emission reductions through this MoU with Chevron.

Chevron 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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Samsung Heavy Industries and Bloom Energy sign joint development agreement for SOFC-powered ships

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Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry.

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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
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IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

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More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. Based on primary supplier interviews, it further shares technology analysis and price information on marine Li-ion battery systems ($/kWh 2020 - 2044) and electric propulsion systems.

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WinGD and Hyundai Heavy Industries collaborate on ammonia two-stroke engine development

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WinGD and Hyundai Heavy Industries’ Engine Machinery Division (EMD) are to collaborate on delivering the first WinGD engine capable of running on ammonia. This project will give WinGD and HHI an important advantage in the development of ammonia-fuelled marine engines.

Engine 284