Hydrogen fuel

Sustainable Biofuels on the Forefront of Carbon-free Shipping

  • Sustainable biofuels are one of the few options in the world today that can really play a significant role in reducing the carbon footprint of shipping.
  • Market players are increasingly eyeing hydrogen and ammonia as long-term fuels to meet the goals of 2050 and beyond.
  • The fallout from the virus has depressed oil prices and so made conventional oil-based fuels cheaper, making bio-marine fuel still less competitive.

Dutch biofuels provider GoodFuels CEO Dirk Kronemijer commented biofuels are...

https://mfame.guru/sustainable-biofuels-on-the-forefront-of-carbon-free-shipping/

ABS Names the ‘Frontrunner Fuels’ for Low-Carbon Shipping

  • Apart from the ambitious target of the 2020 Global Sulphur Cap set by the IMO, shipowners and operators must also take into considerations the GHG targets for 2030 and the emissions goals for 2050.
  • ABS informs that the regulatory changes set for 2020, as well as those expected for 2030 and 2050, will be “more disruptive than any past environmental regulations.”
  • For the 2030 industry targets, LNG was chosen by 64% of the respondents as the dominant fuel option.
  • Approximately 22% of the...

https://mfame.guru/abs-names-the-frontrunner-fuels-for-low-carbon-shipping/

Oslo Børs: Everfuel admitted to trading

Oslo Børs: Everfuel admitted to trading

Oslo, 29 October 2020 – The Danish hydrogen fuel company Everfuel has today been admitted to trading on Merkur Market (ticker code: EFUEL-ME).

“Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fuelling solutions”, states Everfuel.

Recently, the company raised NOK 290 million through a private placement. The placement attracted very strong interest from...

https://www.allaboutshipping.co.uk/2020/10/29/oslo-bors-everfuel-admitted-to-trading/

The Daily Dash: Questions grow about Nikola’s Badger; federal parking survey nears completion

Nikola Badger electric pickup

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the future of Nikola’s Badger electric pickup is up in the air, and it could have long-term ramifications for the company as a whole. Plus, President Donald Trump signs a one-year funding extension for surface transportation programs, and a major survey on truck parking nears completion.

Is the Nikola Badger about to be roadkill?

The problems that Nikola Corp. (NASDAQ: NKLA) has had related to a...

https://s29755.pcdn.co/news/the-daily-dash-questions-grow-about-nikolas-badger-federal-parking-survey-nears-completion

World’s First Blue Ammonia Cargo Shipped

According to a Platts report, Saudi Arabia has shipped its maiden blue ammonia cargo to Japan to burn possibly together with coal and natural gas for zero-carbon power generation, paving the way forward for the further use of hydrogen in the energy system.

The development came as part of a pilot study, which is being conducted by the Institute of Energy Economics, Japan and Saudi Aramco in partnership with Saudi Basic Industries Corp., the IEEJ said in a joint statement on Sept. 27.

Turning...

https://mfame.guru/worlds-first-blue-ammonia-cargo-shipped/

As Nikola resets, Hyundai fuel cell trucks arriving in 2021

Nikola Corp. (NASDAQ: NKLA) is trying to regain its footing following the sudden departure of founder Trevor Milton. Meanwhile, South Korea’s Hyundai Motor plans to begin testing imported heavy-duty fuel cell trucks in California in 2021.

Hyundai told analysts Sept. 15 that it would begin U.S. testing next year, according to Electrive.com. Hyundai earlier said it planned to bring hydrogen fuel cell-powered trucks to North America in 2022. The company delivered 10 of its Xcient fuel cell trucks...

https://s29755.pcdn.co/news/as-nikola-resets-hyundai-fuel-cell-trucks-arriving-in-2021

Steve Girsky replaces Trevor Milton at embattled Nikola

Nikola Corp. (NASDAQ: NKLA) Executive Chairman Trevor Milton is out at the electric truck startup he founded following a brutal report 10 days ago by a short seller of Nikola stock that accused him of lying about the company’s technology accomplishments.

FreightWaves first reported Milton’s departure late Sunday evening. Nikola’s official statement confirming the report was released shortly before 2 a.m. EDT Monday.

Milton approached Nikola’s board of directors and asked to step aside, the...

https://s29755.pcdn.co/news/nikola-founder-out-in-latest-short-seller-report-fallout

Hydrogen fuel: linchpin of electric truck maker Nikola’s business

Nikola hydrogen fueling station

The focus on the stock price gyrations of electric truck startup Nikola Corp. (NASDAQ: NKLA) overlooks a major part of its business plan — making and selling hydrogen fuel for its fuel cell trucks and anyone who wants it.

“Hydrogen is a key to everything with Nikola,” says Executive Chairman Trevor Milton. “It’s our ability to separate ourselves from our competitors. “Nikola is not just a truck company. We’re really an energy technology company.

“We’ve spent more time on reducing the cost of...

https://s29755.pcdn.co/news/hydrogen-fuel-the-other-side-of-nikolas-electric-truck-business

PACCAR moves deliberately on electric and driverless trucks

PACCAR electric truck

PACCAR Inc. (NASDAQ: PCAR) isn’t rushing electric trucks to market. But it says its Kenworth, Peterbilt and European DAF brands will sell them at the right time.

“Our goal is to make sure that we’re in a position to provide our customers the lowest-operating-cost vehicles whenever the market is ready, when there’s infrastructure, when there’s regulation and when the technology is ready,” CEO Preston Feight said Tuesday.

“It’s [the] early days, and we feel like we’re really on top of it, and we’re...

https://s29755.pcdn.co/news/paccar-moves-deliberately-on-electric-and-driverless-trucks

Tristar and KHI Introduce Vessels of Future This Year

Multinational fuel giant Tristar has added a liquefied natural gas (LNG) tanker to its international shipping fleet for the first time, in the same week that Kawasaki Heavy Industries debuted the world’s first ship capable of transporting large volumes of liquid hydrogen, reports Edie Newsroom.

Tristar Ruby under long term charter

Tristar’s vessel, called the Tristar Ruby, has a capacity of 155,000 cubic metres. It has been placed on a long-term charter with BP’s shipping arm, which transports...

http://mfame.guru/tristar-and-khi-introduce-vessels-of-future-this-year/

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