1. Home
  2. News
  3. News

News

Amogy nets $139 million in funding at it eyes commercialization of its ammonia-to-power technology

glory 22-03-2023 19:06 Area News
US-based ammonia power solutions company Amogy Inc. today announced its $139 million Series B-1 fundraising. The round was led by SK Innovation, joined by other global investors including Temasek, Korea Zinc, Aramco...
Read more

Viridis wins AiP for its ammonia-powered short-sea bulk vessel

glory 20-03-2023 21:24 Area News
Classification society Bureau Veritas has issued an Approval in Principle (AiP) to Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping &...
Read more

ONE orders 10 methanol/ammonia-ready 13,700 TEU boxships

glory 15-03-2023 14:28 Area News
Singapore-based shipping company Ocean Network Express (ONE) has placed an order for ten methanol/ammonia-ready containerships. As disclosed, the vessels will have a carrying capacity of 13,700 TEU. The units will be...
Read more

Steel-cutting ceremony marks construction of zero-carbon ready Aurora-class vessels

glory 09-03-2023 15:20 Area News
Norwegian shipping company Höegh Autoliners has announced that after many months of planning, designing, and preparing, the construction of its first Aurora-class vessel commenced. Leaders and representatives from Höegh...
Read more

Interview with Amogy CEO: We’re attracting interest from some of world’s largest maritime companies

glory 06-03-2023 21:20 Area News
Amogy Inc., a Brooklyn-based developer of energy-dense ammonia power solutions, is making waves in the maritime industry with its ammonia-to-power system which has a massive potential to decarbonize shipping...
Read more

Amogy to bring 1st ammonia-powered ship to life

glory 06-03-2023 21:01 Area News
Brooklyn-based technology startup Amogy Inc. is retrofitting a tugboat to run on its ammonia-to-power system and is planning to present the vessel in late 2023. Namely, Amogy intends to sail the tugboat later in 2023 in...
Read more

Maersk Mc-Kinney Moller Center: Emission risks won’t be a showstopper for ammonia-based fuels

glory 06-03-2023 18:18 Area News
The toxicity of ammonia as potential zero-emission fuel of the future for the shipping industry might be solvable after all despite all the hype over its likely impact on the safety of seafarers. There have been a lot of...
Read more

MOL working on hydrogen/ammonia supply chain in Thailand

glory 06-03-2023 15:21 Area News
Japanese heavyweight Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with Electricity Generation Authority of Thailand. Mitsubishi Company and Chiyoda Corporation on building a clean hydrogen and...
Read more

New range of injection systems for low-carbon fuels in the making

glory 28-02-2023 20:13 Area News
Woodward, an engine injection system manufacturer, is developing a new range of injection systems to support the ongoing transition to new fuels in the global energy industry.Illustration; Image by Offshore Energy...
Read more

Essar launches EET to drive energy transition in UK and India

glory 27-02-2023 18:41 Area News
Essar Group, invested in energy, metals and mining, infrastructure, and technology sectors, has announced the formation of Essar Energy Transition (EET) to drive energy transition in the UK and India. According to Essar...
Read more

Our Services

Latest News

24 03, 2023

WinGD to deliver methanol-fuelled engines for COSCO container vessels

Read more
24 03, 2023

LNG ship owners to equip vessels with GTT’s Sloshing Virtual Sensor solution

Read more
24 03, 2023

Fratelli Cosulich inaugurates its first LNG bunkering vessel

Read more
All news

Currency Rates

Currency Buy Transfer Sell
AUD
AUSTRALIAN DOLLAR 		15,269.32 15,423.56 15,920.37
EUR
EURO 		24,686.09 24,935.45 26,068.31
GBP
POUND STERLING 		28,041.86 28,325.11 29,237.51
HKD
HONGKONG DOLLAR 		2,918.91 2,948.40 3,043.37
JPY
YEN 		175.83 177.60 186.14
RUB
RUSSIAN RUBLE 		- 293.01 324.41
SGD
SINGAPORE DOLLAR 		17,217.58 17,391.49 17,951.70
USD
US DOLLAR 		23,310.00 23,340.00 23,680.00
Rates updated at 25/03/2023 16:55 for reference only