Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.
The Danish biofuel startup raised the fund in a Series A investment round, which will provide capital to develop and design a new commercial production plant...
Engine has been developed and tested at ABC Engines’ facility in Ghent and is designed to operate entirely on hydrogen, without the need for pilot fuels.
Vessel is equipped with a dual-fuel propulsion system capable of operating on methanol as well as conventional marine fuels.
Service Terminal Rotterdam is Rotterdam’s bunker facility, which is currently focused on the storage of fuels, mostly for the marine market.
Company said the operation is the result of months of preparation and the joint efforts of teams from Spain, Italy, the Netherlands and Greece.
Company says the decision reflects a combination of factors that affected Beaver Lake’s ability to advance, including slower-than-expected market adoption of low-carbon marine fuels.
Company remains committed to delivering all three terminals in line with the ENOVA plan, with the ambition of having them operational by 2029.
Nordic Green will have the exclusive right to market, promote, and distribute Venture Energy’s supply of RED Advanced bio-methanol and RFNBO-methanol across the EEA, UK, and...
Company secured USD 36 million for the development and construction of two additional liquid hydrogen-powered bulk carriers.
