The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel. On its departure from Singapore on 12 October, the new flagship of the French shipping major CMA CGM was carrying a record …

A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the world’s energy demand to 2025, the International Energy Agency said on Tuesday. The International Energy Agency’s (IEA) said in its World Energy Outlook 2020 that the global energy demand would drop by …

Australia’s Global Energy Ventures revealed today the design of a new compressed hydrogen ship (H2 Ship) tailored for the transport of zero-carbon energy. The Aussie developer of global integrated marine compressed natural gas (CNG) projects anticipates that detailed engineering will be lodged as part of the American Bureau of Shipping …

Energy Capital Vietnam (ECV) has selected Deutsche Bank to serve as its debt financing advisor for the LNG-to-power project in Vietnam. Courtesy of ECV To remind, an ECV-led consortium is developing a liquefied natural gas (LNG) power project in Mui Ke Ga, Binh Thuan province, in Southeast Vietnam. Deutsche Bank …

Qatar Petroleum has signed a deal with the UK’s National Grid booking up to 7.2 million tons per annum of capacity at the Grain LNG terminal in Kent. Courtesy of Qatar Petroleum The pair have signed a 25-year deal with Qatar Petroleum having the capacity available from mid-2025, it said …

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured two orders for six LNG carriers. Illustration only (Courtesy of DSME) The company said in a stock exchange filing the two orders are for two European shipowners. Each contract is worth 1.01 trillion Won ($884.8 million), the filing reads. …

United European Car Carriers (UECC), a Norway-based provider of shortsea RoRo transportation, has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. The UN Global Compact is a voluntary platform where close to ten thousand corporations and organizations in 160 countries develop, implement and share best practices in …

Russia’s largest independent natural gas producer Novatek reported a production increase in the third quarter and the first nine months of the year 2020. Courtesy of Novatek Novatek said the natural gas production in the third quarter of the year reached 19.13 bcm, 4.5 per cent up on the corresponding …

Liquefied natural gas shipper Golar LNG said that Hygo Energy Transition has appointed Paul Hanrahan as CEO. Hanrahan will step into his new role effective October 19, 2020, the company’s statement reads. Hanrahan will also join the board of directors of Hygo. Previously he held the position as president and …

German shipbuilder Meyer Werft has handed over Iona, a 180,000-ton LNG-powered cruise ship, to the British shipping company P&O Cruises. With the delivery, the new flagship of the cruise line will be integrated into the P&O Cruises fleet in order to be ready for service when the Biritsh cruise industry …