25 MAY – NEWS ROUND UP

25 MAY – NEWS ROUND UP

Amazon Invests in Cleaner Fuel for Shipping

 Amazon’s climate pledge fund has joined Mitsubishi Heavy Industries and three venture-capital partners in a funding round for Infinium Holdings, a startup focused on making synthetic hydrocarbon fuels from industrial CO2 sources and green hydrogen. 

Like other electrofuel ventures, Infinium seeks to produce high-energy-density products that are compatible with existing diesel engines and jet turbines. Its process takes a captured stream of CO2 from an industrial source – which today would be emitted directly into the atmosphere – and recombines it with green hydrogen in a chemical reaction to produce a liquid hydrocarbon fuel. This product could be burned in the same way as any standard refined petroleum product, like bunker fuel or over-the-road diesel, generating energy and releasing the captured CO2.

PUBLISHED JAN 26, 2021 10:55 PM BY THE MARITIME EXECUTIVE

Amazon Invests in Cleaner Fuel for Shipping (maritime-executive.com)

Exploring Producing Hydrogen from Natural Gas with Carbon Capture

ENGIE and Equinor announce the launch of a partnership to develop joint low-carbon hydrogen activities. The French and Norwegian energy companies said they will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore.

Under the terms of the memorandum of understanding between the two companies, they will investigate the development of low-carbon hydrogen value chains in Belgium, the Netherlands, and France. In the coming months, ENGIE and Equinor will also start discussions with potential customers to assess the project, as well as with stakeholders and relevant authorities.

PUBLISHED FEB 19, 2021 5:40 PM BY THE MARITIME EXECUTIVE

Exploring Producing Hydrogen from Natural Gas with Carbon Capture (maritime-executive.com)

STAND.EARTH: IEA 2050 REPORT SPELLS THE END OF THE LINE FOR FOSSIL FUEL PROJECTS

The findings of the International Energy Agency’s (IEA) new report on the energy sector’s roadmap to net zero make it clear ‘that governments will need to take action to stop expanding oil, gas and coal projects and plan for a wind down,’ said Tzeporah Berman, International Program Director for environmental group Stand.earth and Chair of the Fossil Fuel Non-proliferation Treaty Initiative.

Published: 19 May 2021 By Bunkersport

GLOBAL: Stand.earth: IEA 2050 report spells the end of the line for fossil fuel projects – Bunkerspot – Independent Intelligence for the Global Bunker Industry 

Second wave of scrubber installations to support HSFO sales despite cleaner fuels shift

A second wave of scrubber installations will likely sweep the marine industry as the price differential between high sulfur fuel oil and very low sulfur fuel oil, or the Hi-5 spread, stabilizes to normal levels at major bunkering hubs, supporting HSFO demand at a time when there is a growing impetus towards greener fuels to meet shipping’s environmental goals, market sources said.

“After the quick adjustment to the global sulfur cap, the decline in HSFO’s share of total bunker sales has stopped,” BIMCO’s chief shipping analyst Peter Sand said in a report April 29.

Published 5th May 2021 08:09 GMT by Bunkerworld

Bunkerworld Blogs – Second wave of scrubber installations to support HSFO sales despite cleaner fuels shift

 

VLSFO Claim Numbers ‘Not Significantly Higher’ Than in
HSFO Era: Skuld

The number of fuel quality claims seen for VLSFO over the past year have not been significantly higher than in the pre-IMO 2020 era for HSFO, according to insurance association Skuld.

The company published a note on its website on Thursday detailing its experience of the IMO
2020 transition.

Published May 21 2021 by Ship & Bunker News

VLSFO Claim Numbers ‘Not Significantly Higher’ Than in HSFO Era: Skuld – Ship & Bunker (shipandbunker.com)