Van Oord inks green loan for LNG-powered dredgers

Dutch marine contractor Van Oord has signed its first green loan that will be used to fund its new liquefied natural gas-powered dredgers. Image courtesy of Van Oord The company said in a statement it signed the loan with Dutch Rabobank and France’s BNP Paribas last month. Van Oord structured …
Finland-based Yaskawa Environmental Energy / The Switch has signed a contract with US company Caterpillar (Cat) to deliver a package of electric drive train technology for a series of bulk carriers. Image Courtesy: Yaskawa Environmental Energy / The Switch As informed, the ships will feature Cat Marine’s Twin Fin concept, …
Golar’s floating storage and regasification unit that is supplying the Sergipe power plant in Brazil has recently received another cargo of LNG via a ship-to-ship transfer. Image: Lucas Buranelli/ Golar Power The third STS LNG transfer has taken place from May 22-24 between the FSRU Golar Nanook and LNG carrier …
Finland’s WE Tech Solutions has won a contract to supply equipment to eighth liquefied natural gas carriers that will go on charter to LNG giant Shell. For illustration purposes only (Image: Knutsen) WE Tech says it will start supplying its equipment in February 2021. The delivery package includes two sets …
China’s Keppel Nantong Shipyard has launched a liquefied natural gas bunkering vessel for Singapore’s FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum. The ship claimed to be Singapore’s first LNG bunkering vessel was moved from land to water on 28 May. Image courtesy of FueLNG …
A remarkable vessel sailed into the port of Amsterdam recently. She is called Energy Observer and the name says it all. The French vessel sails emission free and the stop in Amsterdam is part of a 6 years voyage in which the vessel visits 50 countries. The goal of the …
Iona, an LNG-powered cruise ship being built for British P&O Cruises, is now a step closer to its delivery as the newbuild is scheduled to arrive in Rotterdam for inspection work in early June. Image Courtesy: Meyer Werft The vessel has been undergoing final outfitting in Bremerhaven will soon enter …
Natural gas deliveries to U.S. facilities producing liquefied natural gas for export (LNG feedgas) slipped to the lowest levels since October 2019. Courtesy of Cheniere The volumes declined to 5.6 billion cubic feet per day (Bcf/d) on May 24, 2020, and averaged 6.7 Bcf/d from May 1 through May 26, …
China Petroleum & Chemical Corporation (Sinopec) has inked a deal to build a new LNG terminal in Zhoushan. Courtesy of Sinopec The company has signed a deal with the Zhejiang provincial government worth $2.8 billion to develop a 15 mtpa import terminal. According to a Reuters report citing a government …
German oil and gas company Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system and that the much-needed hydrogen market will not succeed without natural gas. As reported by DNV GL, carbon-free hydrogen production, transmission, and distribution are now widely recognized as …