Brazil’s offshore support vessel operator CBO has signed an agreement with the technology group Wärtsilä to convert one of its vessels to operate with hybrid propulsion. The CBO Flamengo will be the first vessel in Latin America to be fitted with a battery pack for hybrid propulsion, compliant with the
MacGregor, part of Cargotec, has received an order for two fixed boom cranes to be installed on a 5,400 cubic meter bunker barge. Courtesy of Fincantieri Bay Shipbuilding The vessel is being built by Fincantieri Bay Shipbuilding in Wisconsin, the USA, with an estimated delivery by the end of 2021.
The Malaysian energy giant Petronas has officially launched its LNG bunkering business by completing its first LNG bunkering operation at Pasir Gudang, Johor. Image courtesy of Petronas Through a collaboration with Titan LNG, a Dutch LNG bunkering solution provider operating in Europe, the operation involved a ship-to-ship LNG bunkering transfer
Piraeus-based LNG shipper GasLog has tightened its loss during the third quarter of 2020. The company reported a loss of $354,000 for the period. This compares to a $13.5 million loss reported in the corresponding quarter in 2019. Courtesy of GasLog Revenues were $156.7 million for the quarter ended September
Despite coronavirus-related challenges, European ports are on track with their environmental goals. Air quality, climate change and energy efficiency are firmly placed at the top of the league table of priorities, a new report shows. On 10 November, the European Sea Ports Organisation (ESPO) presented its fifth annual environmental report
Prices of spot liquefied natural gas (LNG) imported into Japan and contracted during the month of October have continued the upward trend. Courtesy of K Line Data from Japan’s Ministry of Economy, Trade and Industry shows that the price of spot LNG contracted during October 2020 reached $6 per mmBtu.
Tokyo-based shipping consortium e5 Lab Inc. and its partners have launched a proof of concept test to demonstrate remote control and collision avoidance algorithms on actual vessels as part of its ROBOSHIP project. Under the project, the consortium is developing the standard models of electrically powered vessels to realize zero
South Korea’s Energy Projects and Infrastructure Korea (EPIK) plans to add LNG bunkering services at its proposed Newcastle GasDock LNG import terminal in New South Wales, Australia. Courtesy of EPIK The addition of the LNG bunkering services aims to support the maritime industry in its shift towards cleaner-burning marine fuel,
