Site items in: Content by Author Julian Atchison

Maritime buyers alliance launches tender for zero-emissions shipping
Article

The Zero Emission Maritime Buyers Alliance has launched a tender process for container shipping powered by zero-emissions fuels. The twenty-member Alliance includes major global consumer brands, and is seeking bids to meet an aggregate demand of 600,000-plus TEUs over 3 years, with a book-and-claim approach to be used for fuel certification. The demand-side initiative comes as a new report from UMAS and the Getting to Zero Coalition finds the window of opportunity for the global shipping industry to meet its 2030 goals is closing.

Avaada Group: $2 billion secured for new Odisha project
Article

REC Limited has committed nearly $5 billion total to three new energy projects in Odisha state, including renewable ammonia projects to be developed by Avaada and ACME Group. Avaada also announced that its facility will include a “cutting-edge” ammonia storage facility, to be developed at Gopalpur Port. The new funds follow a $1 billion investment in Avaada from infrastructure giant Brookfield earlier this year.