Classification society Korea Register (KR) has signed a memorandum of understanding (MOU) with STX Energy Solution (STX ES) and Daewoo Shipbuilding & Marine Engineering (DSME) to work together on the technology standardization and commercialization of solid oxide fuel cells. Photo: KR The agreement was signed to facilitate the development of
Hyundai Samho orders GTT tank design for 2 new LNGCs
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design for two new LNG carriers from French containment specialist GTT. Illustration; Courtesy of Hyundai Samho Heavy Industries Hyundai Samho is building these two new LNGCs on behalf of an African ship-owner. The vessels will each offer a cargo
EIA: US LNG exports down by five from last week
The U.S. Energy Information Administration (EIA) reports that LNG exports are down by five vessels this week from last week. Courtesy of Cheniere In the latest Short-Term Energy Outlook for the week between 17 and 23 February, EIA reports 18 LNG vessels departed the United States. This is five less than the
AET names first of two dual-fuel VLCCs built for TotalEnergies
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has named the first of the two dual-fuel very large crude carriers (VLCCs) built for a long-term charter with TotalEnergies, explaining that the new vessel is setting new standards in carbon reduction for the maritime industry. AET
Cheniere and EOG extend long-term LNG supply deal
U.S. LNG exporter Cheniere Energy has extended the long-term gas supply agreement signed in 2019 with EOG Resources, tripling the volume of LNG associated with the natural gas supply. Courtesy of Cheniere This transaction is to complete the commercialization of Cheniere’s Corpus Christi Stage III project. The parties signed the
Port Arthur LNG will grant $50k to environmental projects
Port Arthur LNG has teamed up with Port Arthur Newsmedia to award $50,000 in grants to local non-profit organizations with programs aimed at improving the environment in the area. Artist rendering of Port Arthur LNG facility; Courtesy of Port Arthur LNG The local Newsmedia reported this as the launch of
Sempra joins Carbon Neutral Coalition for CCUS policies development
U.S. LNG infrastructure company Sempra has joined the Carbon Neutral Coalition (CNC) as a senior advisory board member to work on the CCUS framework. Illustration only; Courtesy of Sempra Energy The Carbon Neutral Coalition (CNC) committed to taking action to achieve the goals of the Paris Agreement. It is specifically
Energy industry optimistic about transition despite skills shortages, policies, and supply chain issues – DNV
A new report by classification society DNV analysed the views of more than 1,000 senior energy professionals, revealing that energy industry leaders believe the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth. Senior industry players from across power,
GoodFuels to offer marine biofuel in Asia-Pacific
Dutch marine biofuels supplier GoodFuels has opened its office in Singapore to serve demand for sustainable marine biofuel in the Asia-Pacific region. Courtesy of GoodFuels The Singapore office will be GoodFuels’ second office in addition to being its first outside of Europe. GoodFuels says this new presence in the region
CMA CGM launches biofuel trial for up to 32 ships
French shipping and logistics major CMA CGM has, with the support of the Maritime and Port Authority of Singapore (MPA), started biofuel bunkering in Singapore as part of its global trial to scale up the wider adoption of clean energy. Illustration. Photo: CMA CGM The company’s 10,640-TEU vessel, APL Paris,
Tellurian ends 2021 with smaller net loss
U.S. LNG project developer Tellurian ended 2021 with a loss of $114.7 million (28 cents per share), a lower net loss than in 2020, preparing to start construction of its Driftwood LNG export facility in April. Courtesy of Tellurian Tellurian is developing an LNG portfolio and infrastructure that includes an