MISC to develop world’s first ammonia dual-fuel ships

[ PETALING JAYA: MISC Bhd via its wholly-owned petroleum arm AET has signed contracts with a member of Petroliam Nasional Bhd, PETCO Trading Labuan Company Ltd (PTLCL), to charter the world’s first two ammonia-powered Aframax vessels to the latter. In a statement, MISC said through these vessels, PTLCL will be able to transport its products … Read more

Joe Biden’s climate law not nearly sufficient

[ New York: President Joe Biden’s landmark climate law has mobilised hundreds of billions of US dollars in federal and private capital for clean energy. Yet, panelists at BloombergNEF’s summit in New York said money alone won’t supercharge the transition from fossil fuels. While the United States spent US$303bil on the energy transition last year … Read more

Moving towards sustainability | The Star

[ AS more companies adopt sustainability practices, this trend is also fast catching up in the small and medium enterprise (SME) segment. Experts and industry observers expect more SMEs to embrace sustainability practices, encompassing the environmental, social and governance (ESG) principles, in their businesses this year. Read original article here Denial of responsibility! Genx Newz … Read more