UK-based LNG company Avenir LNG has entered into a time charter party (TCP) with Shell for the newbuild LNG bunkering supply vessel Avenir Achievement. Courtesy of CIMC SOE The Avenir Achievement is a 20,000 cubic metres LNG bunkering ship. Chinese shipyard CIMC SOE will deliver the vessel to Avenir in
U.S. engineering company KBR has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago financed by the Inter-American Development Bank (IDB). Illustration only; Courtesy of National Energy Under the contract, KBR will look into strategies for establishing a green hydrogen economy in the country.
German cruise line AIDA Cruises has taken delivery of its second liquified natural gas (LNG) powered cruise ship AIDAcosma from the Meyer Werft shipyard in Papenburg, Germany. AIDACosma (Courtesy of AIDA Cruises) As disclosed, from the end of February, Hamburg will be the first ‘home port’ for AIDAcosma. The first
Two United Arab Emirates-controlled oil and gas giants have revealed a $3.6 billion project to decarbonise offshore operations as part of their efforts to reach the net-zero goals by 2050. Abu Dhabi National Energy Company (TAQA) and Abu Dhabi National Oil Company (ADNOC) announced on Wednesday a $3.6 billion strategic
Suez Canal Authority has issued a new circular informing on the reduction of rebates on tolls for LNG carriers passing Egypt’s canal from January until June 2022. Illustration only; Courtesy of Suez Canal Authority As informed, this refers to the period from 1 January 2022 to 30 June 2022. The
Focusing on methanol as a fuel for climate-friendly shipping, technology company Rolls-Royce aims to set standards in high-speed methanol engines. Photo: Rolls-Royce Rolls-Royce business unit Power Systems is currently working on mtu engines for use with methanol. The new high-speed four-stroke engines, which are based on mtu technologies, are planned
Gas-to-power developer New Fortress Energy (NFE) will develop an energy hub, including natural gas, power, LNG, and blue ammonia, using existing offshore gas reserves off the coast of Mauritania. Illustration only; Courtesy of New Fortress Energy The U.S. company signed a memorandum of understanding (MoU) with the Islamic Republic of Mauritania. Under
Norwegian shipping company Siem Offshore has secured long-term contracts for two platform supply vessels (PSVs), which will carry out operations offshore Australia. Siem Offshore reported on Tuesday that it had entered into a contract with an unnamed, long-term client in Australia for PSVs Siem Pilot and Siem Thiima. The contract
Danish marine pump manufacturer Svanehøj says it has quadrupled its sales of fuel pump solutions in 2021 as a record year for new LNG-fueled shipbuilding contracts. Courtesy of Svanehøj Demand for LNG-fuelled newbuilds is growing across the shipping industry. Because of this, Svanehøj says it is heading for an all-time
Advent Technologies Holdings’ fuel cell unit for the maritime sector – developed within the frame of the RiverCell Consortium – has passed safety testing, as well as a safety assessment completed by classification society DNV. RiverCell, a demonstration project supported by a consortium of partners, was initiated in 2015 and
U.S. LNG export project developer Venture Global and a subsidiary of China National Offshore Oil Corporation (CNOOC) have signed two new deals to supply the Chinese market with LNG. Illustration only; Courtesy of Venture Global The U.S. LNG exporter and CNOOC Gas & Power Group Co. announced the execution of a 20-year
French energy major TotalEnergies has signed a series of agreements with the Sultanate of Oman for the development of low-carbon natural gas projects, including Marsa LNG establishment. Illustration only; Courtesy of SOHAR Port and Freezone In Oman, TotalEnergies produces LNG through its participation in the Oman LNG/Qalhat LNG liquefaction complex.