In the latest episode of Maritime in Minutes Seatrade Maritime News Editor, Marcus Hand, and Europe Editor, Gary Howard, discuss and comment on the stories that stood out on Seatrade Maritime News during the last month.
![port-hedland-welcomes-first-lng-fuelled-vessel.jpg]( "port-hedland-welcomes-first-lng-fuelled-vessel.jpg")
Nearly one year on from the COP 26 Climate conference in Glasgow where the concept of “Green Corridors” was unveiled in the Clydebank Declaration, consultants McKinsey have evaluated potential routes.
![MOL ammonia powered vessel]( "MOL ammonia powered vessel")
Mitsui OSK Lines’ (MOL) unit MOL Techno-Trade (MOLTT) and Akishima Laboratories (Mitsui Zosen) have formed a partnership seeking fuel efficiency of greenhouse gas (GHG) emissions reduction.
![ara is part of a consortium that is developing a first ammonia bunkering terminal in Norway]( "ara is part of a consortium that is developing a first ammonia bunkering terminal in Norway")
As the shipping and offshore industries move towards green fuels demonstration projects for vessels and floating production units safety will be key to ensure any further progress.
US-based ammonia power solutions company Amogy has entered into an agreement with commodity trader Trafigura to study the use of ammonia as a carrier to transport clean hydrogen.
As the number of new vessels capable of using LNG for fuel continues to grow, University College London’s UCL Energy Institute has warned of a risk of ‘stranded assets’ in shipping, with potential losses of up to $850bn by 2030.
Plans for several Middle East-based green hydrogen projects spur hopes that the region could become a pivotal player in the development of the global renewables industry.
ContiOcean Environment Technology has inked marine methanol fuel supply system contract with a well-known, but undisclosed marine power solutions company.
LNG propulsion dominates alternative fuelled newbuilding orders as urgency grows to develop carbon neutral fuels for global shipping.
