Reliance chairman says India on path to renewable energy transition in next few decades

December 31, 2020 0 Comments

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:India will fully move away from fossil fuels to renewable energy in the next few decades, the chairman of Reliance Industries, operator of the world’s biggest refining complex, said on Monday.Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in western India, aims to become a net zero carbon company by 2035.“India is in the right mindset to completely, in the next few decades, move away from fossil fuels to renewable energy. Be Atmanirbhar (self dependent),” Mukesh Ambani said at a book launch event on Monday.India, the world’s third biggest oil importer and consumer, ships in about 80% of its oil needs.Reliance Group, which works across the oil, telecom and retail sectors, aims to build up a mix of clean and affordable energy with hydrogen, wind, solar, fuel cells and battery power, Ambani told shareholders earlier this year.[Nidhi Verma]More: Reliance says India will fully shift to renewable energy in next few decades Reliance chairman says India on path to renewable energy transition in next few decadeslast_img read more

Managed business space: investors start circling as recovery kicks in

October 20, 2020 0 Comments

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

KR Certifies First Cybersecurity Compliant Ship

September 28, 2020 0 Comments

first_imgClassification society Korean Register (KR) has completed a comprehensive cybersecurity survey of the chemical/oil tanker Songa Hawk and certified the ship to be fully compliant in all areas.As a result, the Marshall Islands-flagged Songa Hawk has become the very first ship to achieve this type of certification.The 13,300 dwt vessel is part of Songa Shipmanagement’s fleet. Songa manages and operates eighteen chemical/oil tankers and five semi-submersible vessels. The company signed a five-year cybersecurity contract with KR in 2018, covering its fleet of 23 vessels.KR conducted a cybersecurity audit of Songa Shipmanagement and certified the company to be fully compliant in all areas in 2019, the first company to achieve this.Two years on from the original contract, Songa Hawk has now been certified as ship cybersecurity compliant by KR, successfully passing the inspection of 81 items in eighteen categories including risk management, asset management, technical security and incident response and recovery.With this certification, Songa Shipmanagement and Songa Hawk are said to satisfy the international cybersecurity requirements as outlined by the International Maritime Organization (IMO), Tanker Management and Self-Assessment (TMSA) and Ship Inspection Report Programme (SIRE).KR will now inspect the other ships in Songa Shipmanagement’s fleet, testing their compliance, with a view to issuing further ship cybersecurity compliance certificates.“As the shipping industry becomes more and more digitalized, so cyberattacks on shipping companies and ships have increased. An effective response and comprehensive cybersecurity preparedness is now essential for any maritime organization,”  Park Kae-myoung, head of KR’s Cyber Certification Team, commented.In 2021, the International Maritime Organization’s (IMO) Resolution MSC.428 (98) will enter into force, which will increase demand for company and ship cyber risk management services.Based in Busan, South Korea, KR currently classes an international fleet of 3,050 vessels totaling 68 million gross tons.last_img read more