Nine Japanese industry majors, including shipping companies and shipyards, have joined forces in the Ship Carbon Recycling Working Group with the aim of studying carbon recycling for the purpose of powering ships. Participating members include EX Research Institute Ltd., Hitachi Zosen Corporation, JFE Steel Corporation, JGC Corporation, Mitsui O.S.K. Lines,
Canadian LNG distributor Cryopeak has joined forces with marine bulk fuels transporter Island Tug & Barge to deliver bunkering services in British Columbia. For illustration only (Image: Cryopeak) Cryopeak said in a statement on Wednesday it signed a memorandum of understanding with ITB, a unit of Tidewater Canada. The duo
French LNG containment specialist GTT has signed a global technical services deal with Norwegian shipowner Knutsen. Image: Knutsen Under the deal signed in June, the French company will support Knutsen with the maintenance and operation of 17 LNG carriers. GTT said in a statement on Wednesday the deal lasts until
German logistics services provider Hoyer Group is expanding its liquefied natural gas (LNG) transport business footprint. Courtesy of Hoyer Group The market for alternative energies is growing rapidly worldwide. This trend has prompted the Hoyer Group to take the step further. The company noted in its statement that LNG also
The UK gas network operator SGN has launched a project that will be world-first to employ a direct supply of offshore wind power to produce green hydrogen energy for heating. The project will start with heating around 300 homes in Fife, Scotland, using clean gas produced by an electrolysis plant,
The Hague-based LNG giant Shell has bought a ‘minor stake’ in GLX Digital, an Australian trading software solutions developer for global commodity markets. Courtesy of Shell GLX said in its statement, its platform allows Shell’s LNG trading teams to buy and sell LNG cargoes. The platform is connecting in real-time
US company Energy Transfer is in the process of evaluating bids for the engineering, procurement and construction contract on its proposed Lake Charles LNG export facility. Image: Energy Transfer Lake Charles LNG has received commercial bids from EPC companies in response to a commercial tender issued in December last year.
Australia’s power and gas retailer Origin Energy is expecting to take a A$1.16 billion to A$1.24 billion ($812.2 to $868.3 million) hit in its full-year 2020 results. Courtesy of Origin Energy The non-cash charges relate to updated year-end valuation estimates primarily driven by revised commodity price assumptions, the associated economic
US company NextDecade said on Monday it would ditch one train from its proposed Rio LNG export plant in Texas as part of an optimization move that includes slashing emissions. Image: NextDecade The original design for Rio Grande LNG included six trains each capable of producing 4.5 million tonnes per