Member Info for slicksandwets

To transition the Korean economy to hydrogen the Moon administration put forward a roadmap centered on three elements – increasing the production and use of hydrogen vehicles, expanding the production of fuel cells, and building a system for the production and distribution of hydrogen.

https://thediplomat.com/2019/01/south-koreas-hydrogen-economy-ambitions/

Scorpio Bulkers, which along with sister company Scorpio Tankers, has taken a major bet on scrubbers to comply with the IMO’s 2020 low sulphur regulations is assuming a price spread of $250 per tonne between high and low sulphur fuel once the limit is in force.

http://www.seatrade-maritime.com/news/americas/scorpio-bulkers-assuming-250-per-tonne-fuel-spread-for-scrubbers.html

"Carnival Corp vice president among those asserting that discharged water has no environmental impact"

https://www.tradewindsnews.com/casualties/1674866/scrubber-users-start-fightback-over-environmental-damage

https://shipandbunker.com/news/world/172506-design-for-liquid-hydrogen-bunkering-vessel-unveiled

https://shipandbunker.com/news/world/172506-design-for-liquid-hydrogen-bunkering-vessel-unveiled

Thanks expat, certainly an interesting development seeing these major OC's sponsoring this technology:-

DAC as a mechanism to reduce emissions from transportation and enable permanent capture of existing atmospheric CO2 that can be utilized both in oil production and in direct synthesis of fuels.

Lets hope Velocys are proactive with there external funding and sponsorship rather than hitting up the shareholders!

A decade ago, there were almost no electric cars on Chinese roads. Today, the country sells more battery-powered electric cars—upwards of 1 million in 2018 alone—than the rest of the world combined. The Chinese government now wants to do the same for hydrogen-powered cars.

https://qz.com/1535967/china-is-promoting-the-use-of-hydrogen-powered-fuel-cell-cars/

A decade ago, there were almost no electric cars on Chinese roads. Today, the country sells more battery-powered electric cars—upwards of 1 million in 2018 alone—than the rest of the world combined. The Chinese government now wants to do the same for hydrogen-powered cars.

https://qz.com/1535967/china-is-promoting-the-use-of-hydrogen-powered-fuel-cell-cars/

https://shipandbunker.com/news/world/287183-more-orders-for-baltec-marine-after-successful-ulcs-scrubber-retrofits

https://seanews.co.uk/safety-regulations/imo2020/chinas-move-on-discharge-from-scrubbers-may-aid-lsfo-demand/

China’s recent move to ban the discharge of wash water from open-loop scrubber systems from January 1, when implemented on a wider scale, is likely to prop up demand for low sulfur fuel oil and low sulfur marine gasoil further, industry sources told S&P Global Platts.

https://shipandbunker.com/news/world/459514-iso-8217-specs-inadequate-for-imo2020-compatibility-issues

For the techies to weigh in on.

https://shipandbunker.com/news/am/447541-analyst-sees-imo2020-benefit-for-us-gulf-refiners

https://shipandbunker.com/news/world/905135-scrubber-advocates-voice-concern-over-circumstances-of-fujairahs-open-loop-ban

Apologies, meant Kungfu

Barking.....looks like you got your wish.

The Harpex Shipping Index, which tracks container rates, has dropped by 30 percent since June 2018.

https://seanews.co.uk/news/finance/global-shipping-rates-slump-in-latest-sign-of-economic-slowdown/

The fourth quarter showed VLCC rates at their highest level in several years, which created a small plus in the first three months of the year for Belgium's Euronav. However, this was not enough to secure an annual profit for 2018, which was a tough year for the tanker industry.

https://shippingwatch.com/secure/carriers/Tanker/article11146569.ece

https://www.reuters.com/article/us-nigeria-dangote-refinery/billionaires-huge-nigerian-oil-refinery-likely-delayed-until-2022-sources-idUSKBN1KV0WA

DS: Finally then, what is your favourite bio-based product?

NH: It wouldn’t be a bio-based product, but an evolution of one… what if, in 20 years’ time, Fischer-Tropsch technology used syngas generated from atmospheric CO2 (using renewable energy), instead of from gasification of wastes, to produce sustainable fuels? If that happened the sky really could be the limit.

https://www.biobasedworldnews.com/5-minutes-with-neville-hargreaves-business-development-director-at-velocys

https://oilprice.com/Latest-Energy-News/World-News/Aramco-To-Build-First-Hydrogen-Fueling-Station.html