Author: richardhands

lomarlabs, the innovation arm of Lomar Shipping, has announced a strategic collaboration with Newlight, a technology company specialising in hybrid hydrogen-diesel engine retrofits, to accelerate the adoption of cost-effective, lower-emission solutions for the shipping industry. This collaboration will focus on retrofitting conventional diesel engines to operate on a hydrogen-diesel mix, reducing fuel consumption on average by 20% and significantly lowering greenhouse gas emissions. Savings of up to 30% have already been demonstrated in workshop trials and this new collaboration will seek to replicate this onboard vessels.

Wi th future demand for both low carbon methanol and ammonia depending to a considerable extent on their take-up as low carbon shipping fuels, recent developments in the EU and IMO may help accelerate that process, as detailed in CRU’s most recent Low Carbon Hydrogen and Ammonia Outlook.

Japan’s New Energy and Industrial Technology Development Organization (NEDO) says that the world’s first commercial-use ammonia-fuelled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations in Tokyo Bay, while achieving greenhouse gas (GHG) emission reductions of up to 95%. The vessel was completed by Nippon Yusen Kabushiki Kaisha (NYK) and IHI Power Systems in August 2024, in cooperation with Nippon Kaiji Kyokai (ClassNK) as part of a Green Innovation Fund Project. NEDO says that the vessel will continue to be used for tugboat operations in Tokyo Bay, and the organisation will continue to promote research and development of next-generation fuel vessels, including developing an ammonia-fuelled ammonia gas carrier, in conjunction with NYK, Japan Engine Corporation, IPS, and Nippon Shipyard. This vessel is scheduled to be delivered in November 2026.

Energy company Mabanaft and HIF Global have signed a heads of agreement for the offtake of e-methanol from, HIF’s planned e-Fuels facilities, reinforcing their commitment to advancing carbon-reducing fuels for the shipping industry. The initial offtake would be of up to 100,000 t/a of e-methanol produced from renewable electricity and captured CO2 per year. As HIF Global moves forward with the development of its e-Fuels facilities, Mabanaft says that it will further explore demand for different methanol applications jointly with its customers.

Global gas demand has returned to growth after the supply shock of 2022-23, but geopolitical tensions and short supply in LNG markets.

Renewable capacity statistics 2025 released by the International Renewable Energy Agency (IRENA) shows a massive increase in renewable power capacity during 2024, reaching 4,448 gigawatts (GW). The 585 GW addition last year indicates that renewables claimed a 92.5% share of the total capacity expansion in power generation, and a record rate of annual growth (15.1%). Even so, progress still falls just short of the 16.6% growth needed to be producing 11.2 terawatts of energy by 2030. Progress also reflects significant geographic disparities. As in previous years, most of the increase occurred in Asia, with the greatest share being contributed by China- almost 64% of the global added capacity. G7 and G20 countries respectively accounted for 14.3% and 90.3% of new capacity in 2024.

The European Commission (EC) says it has begun tracking European imports of certain ethylene and ammonia products, to allow it to react quickly to level the playing field if the monitoring points to a surge of imports causing or threatening to cause injury to the EU industry. This surveillance has been put in place in response to evidence of a significant and potentially injurious increase in the EU market share of imports of the chemicals. It covers imports of copolymers of ethylene and alpha olefin, urea containing more than 45% (by weight) of nitrogen, and ammonium sulphate from all countries, and should remain in place for a period of three years.

CF Industries has formed a joint venture with JERA, Japan’s largest energy company, and Mitsui & Co, a leading global investment and trading company, for the construction, production and offtake of low-carbon ammonia.

Tecnicas Reunidas and Siemens Energy have been awarded the contract to carry out front-end engineering design (FEED) for a major green methanol project in La Robla, Spain. The consortium will work on the project for Spanish developer Reolum, part of a partnership that says it is building the largest green methanol plant in Europe. The La Robla Nueva Energia facility will combine biogenic CO2 from a co-located biomass-based cogeneration plant with green hydrogen to produce 140,000 t/a of low carbon methanol. Tecnicas Reunidas will focus on the biogenic carbon capture and methanol production units, while Siemens Energy will handle the renewable hydrogen unit. Johnson Matthey has been selected to supply its eMERALD methanol technology, while Mitsubishi Heavy Industries will license it CO2 capture technology for the project.

The Kazakh government has approved the construction of a new ammonia and urea plant in the country’s Mangistau region, on the eastern shore of the Caspian Sea. Construction will be carried out by a joint venture between QazaqGaz National Company and ESTA Construction under Qazesta Fertilizers Ltd. The total investment for the project is $1.35 billion, with construction expected to be completed within three and a half years. The plant’s annual production capacity is projected to reach up to 700,000 t/a of urea and 420,000 t/a of ammonia, adding value to the country’s natural gas production and helping to substitute domestic production for foreign imports of nitrogen fertilizer. Despite a national demand of 3.2 million t/a, domestic production currently only meets about half of that need.