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The regulations send a clear signal to industry – business as usual operations will become significantly more expensive, and zero or near-zero (ZNZ) technologies and fuels represent one of the better opportunities to make deep emissions cuts. Following the historic vote at the IMO, we explore critical timelines for the new regulations, compliance thresholds, mechanisms for vessels to comply, and uncertainties that remain.

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Adani Energy Solutions has had a $330 million transmission project approved that will supply power to its renewable hydrogen and ammonia project in Mundra, Gujarat. The first phase of the Mundra Green Hydrogen Hub will feature 1 million tons per year hydrogen production capacity, with ammonia to be utilized for coal co-firing, marine fuel, exports, and as a substitute for current feedstock imports into India.