Topic
alternative fuel
Logistics Peninsula and Itochu Launch Ammonia Bunkering Joint Venture for European Ports
Marine fuel supplier Peninsula and Japanese trading house Itochu have launched a joint venture, I&P Marine Ammonia, to develop ammonia bunkering across key European and Mediterranean ports. The venture follows an earlier MoU focused on Spain and has received EU merger clearance. Peninsula brings its fuel supply network across 500+ ports, while Itochu contributes production and supply chain expertise, backed by its order of the world's first ammonia bunkering vessel.
Commodities India Clears E100 Fuel Framework, Accelerating Ethanol Vehicle Rollout and Impor
India has approved the regulatory framework for 100% ethanol (E100) as a vehicular fuel, enabling the commercial deployment of ethanol-powered cars and two-wheelers. The move, announced by Union Minister Nitin Gadkari, aims to reduce India's dependence on imported crude oil (over 85% imports) and create new demand for agricultural feedstocks, while giving automakers regulatory certainty to invest in flex-fuel platforms.