Australia’s Global Energy Ventures (GEV), a developer of global integrated marine compressed natural gas (CNG) projects, and Yantai CIMC Raffles Offshore Limited (CIMC Raffles) have extended their Letter of Intent (LoI) to build the CNG Optimum 200 ships. The extension is for six months through to December 31, 2020, according
Companies team up to develop Singapore’s first carbon capture system
Keppel Data Centres, Chevron, Pan-United, and Surbana Jurong, with the support of Singapore’s National Research Foundation, have signed a memorandum of understanding (MOU) to jointly develop the first end-to-end decarbonisation process and carbon capture system in Singapore. Keppel said on Thursday that this collaboration was aimed at accelerating the development
CMES takes full control over Singapore bunkering unit
China Merchants Energy Shipping (CMES) has agreed to acquire 70% of equity interest in Singapore-based bunker trader China Merchants Energy Trading (CMET) from a sister company China Merchants Hoi Tung. The tanker and oil shipping giant said the move was aimed at ensuring a sustainable supply of fuel oil and
CNTIC VPower buys second vessel
CNTIC VPower has bought another liquefied natural gas vessel as the joint venture is continuing to develop LNG-to-power projects. CNTIC VPower’s first vessel delivering LNG to Myanmar (Image: CNTIC VPower) The venture consisting of Hong Kong-listed VPower Group and China National Technical Import & Export Corporation acquired the Karmol LNGT
Expansion contractor sets up base at Polish LNG terminal
Polskie LNG, a GAZ-SYSTEM company, and Polish LNG terminal operator said the expansion contractor has been allowed to set up base within the facility’s area. Courtesy of Polskie LNG Polskie LNG further noted that the expansion completion remains on schedule for December 2021, despite the effects of the Coronavirus pandemic.
Doeksen’s first LNG-powered ferry enters service
Dutch ferry operator Rederij Doeksen said its first liquefied natural gas-powered ferry, Willem Barentsz, will start its service on Friday. Willem Barentsz (Image: Rederij Doeksen) The ship will operate on the Wadden Sea, a UNESCO World Heritage site. It will work on the ferry connection to Dutch islands of Terschelling
VIDEO: Koedood about hydrogen boosting the innovation
The possibilities of hydrogen as an energy carrier are creating a boost in innovation. Koedood Marine Group is researching how hydrogen can benefit the shipping industry. Sander Roosjen, research and development manager Koedood Marine Group: “We already have several clients that wish to implement hydrogen solutions on their newbuild vessels.”
Volkswagen’s first LNG-powered car carrier arrives in US
Equinor reveals plans for hydrogen plant with carbon capture in UK
Norwegian energy giant Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a