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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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Carbon Clean and Liquid Wind partner on eMethanol production for marine fuel

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Carbon Clean, a developer of low-cost carbon capture technology, has entered into an agreement with power-to-fuels developer Liquid Wind. Carbon Clean’s technology will capture biogenic carbon dioxide emissions from a local industrial site. The initial project will be built in Örnsköldsvik, on the north east coast of Sweden.

Wind 186
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Wärtsilä to collaborate with Anemoi Marine Technologies in future sales of Rotor Sail solutions

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The technology group Wärtsilä has signed a Memorandum of Understanding (MoU) tied to a License and Cooperation agreement with UK-based Anemoi Marine Technologies for the future sales and servicing of Rotor Sail solutions to the shipping industry. —Kim Diederichsen, CEO of Anemoi Marine Technologies.

Mariner 243
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MAN supplying mixed medium- and high-speed engines for hybrid foundation/wind turbine installation vessels

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MAN Energy Solutions has won a fourth order to supply engines to Chinese shipbuilder, COSCO Heavy Industries, in Qidong for the construction of a second F-Class installation vessel used for the installation of offshore wind turbines and foundations. —Elvis Ettenhofer, Head of Marine Four-Stroke APAC, MAN Energy Solutions.

Wind 259
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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. First, it contains very little sulfur.

Mariner 427
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Cargill and BAR Technologies bringing wind propulsion to bulk cargo ships

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Cargill and BAR Technologies have embarked on a strategic project with naval architect Deltamarin to bring cutting edge wind propulsion technology to commercial shipping. Through this partnership we will bring bespoke wind solutions to customers who are actively seeking to reduce CO 2 emissions from their supply chain.

Wind 303
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Liquid Wind raises €4M in equity to produce eFuel

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Liquid Wind has closed its Series A funding round, securing €4M in equity investment. The investment will be used for the development of Liquid Wind’s first eMethanol production facility, and support plans for further facilities. When used as marine fuel, eMethanol reduces carbon emissions by 94% compared to current fossil fuels.

Wind 186