Image courtesy: Business Wire South Korean shipbuilder Samsung Heavy Industries (SHI) and U.S.-based manufacturer of solid oxide fuel cells Bloom Energy have signed a joint development agreement advancing their plans to design and develop fuel cell-powered ships. The two companies revealed their cooperation in 2019, when SHI announced it wanted to
US energy giant and LNG operator Chevron has completed the acquisition of Puma Energy’s Australian commercial and retail fuels business. Image: Chevron Singapore’s Puma Energy, majority-owned by Trafigura and Sonangol, sold all off shares and equity interests in the Australian business to Chevron’s downstream unit. The deal has a price
France’s GTT has secured an order from South Korea’s DSME for the tank design of Novatek’s two floating LNG storage units. For illustration only (Image: Novatek) Daewoo said earlier this month it will build the two FSUs for about 901.3 billion won ($751 million). The deal includes an option for
The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organisations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to greener
Voith has received an order to deliver eight electric Voith Schneider Propellers (eVSP) to Østensjø for four new offshore wind supply vessels. According to Voith, with this new type of gearless propeller, the permanent-magnet synchronous motor is directly integrated into the VSP. The drive system combines the technology of the
Petronet LNG, India’s largest importer of liquefied natural gas, reported record profit after tax as well as LNG terminals activity during the financial year ending March 31, 2020. During the financial year under review, Petronet LNG reported a profit after tax (PAT) of 26.98 billion Indian Rupees ($357.15 million) which
A brand new LNG vessel owned by TMS Cardiff Gas has collided with Cido Shipping’s car carrier offshore Belgium’s Oostende. Amberjack LNG (Image: TMS Cardiff Gas) The 174,000-cbm Amberjack LNG and Grand Venus were in a “minor” collision on June 28 some 25 kilometers offshore the Port of Oostende, according
China COSCO Shipping on Tuesday said it has placed an order for three liquefied natural gas (LNG) carriers at Hudong Zhonghua Shipbuilding. Courtesy of China COSCO Shipping The vessels will be capable of transporting 174,000 cubic meters of LNG, each, China COSCO Shipping said in its statement. The order is
LNG giant Qatargas said it recently delivered the first cargo on a Q-Flex carrier to the Adriatic import terminal in Italy. Image: Qatargas The Adriatic LNG terminal received the shipment from the 216,000-cbm Tembek on June 21. The Qatargas-chartered and Nakilat-owned carrier previously loaded the cargo at Qatar’s Ras Laffan
Norwegian shipping company Knutsen has taken delivery of its newbuild LNG carrier Traiano Knutsen. Courtesy of Knutsen The vessel capable of transporting 180,000 cubic meters of the chilled fuel has been built for Knutsen by the South Korean shipbuilder Hyundai Heavy Industries. The vessel will enter into service under a