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Vinssen’s hydrogen-electric vessel Hydrogenia unveiled

21 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Vinssen’s Hydrogenia, South Korea’s first commercialised hydrogen electric boat, has been revealed at the 2021 Busan International Boat Show. Courtesy of Danfoss Editron The Hydrogenia is developed by South Korean shipbuilder Vinssen. The development is part of South Korea’s 2030 Green Ship-K Promotion Strategy, which wants to increase the advancement

REV LNG orders Mobile Pipeline modules from Hexagon Agility

21 Jun No Comments gregsamuel_e5x9azx4 LNG World News

US-based mobile energy supply company REV LNG has ordered modules to be used to transport renewable natural gas (RNG) from the global provider of clean fuel solutions Hexagon Agility. Courtesy of REV LNG REV LNG’s order for Hexagon Agility modules represents an estimated value of $7.8 million. REV LNG is

Damen fits batteries on its all-electric tug

18 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Damen Shipyards Group has reached a major milestone in the construction of its first fully-electric Reversed Stern Drive tug, having installed the tug’s batteries. Damen Song Cam Shipyard in Vietnam is constructing the RSD-E Tug 2513, named Sparky, for New Zealand’s Ports of Auckland. RSD-E Tug 2513 Sparky is being

Teekay LNG declares cash distributions on preferred units

18 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has declared cash distributions on the Series A and B preferred units. Courtesy of Teekay LNG Teekay LNG is providing LNG and LPG services under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 23 mid-size

MAN wraps up acquisition of H-Tec Systems for hydrogen demand

18 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Germany’s engine manufacturer MAN Energy Solutions has completed the acquisition of the majority of shares in German hydrogen tech company H-Tec Systems, replacing GP Joule as the main owner. Courtesy of H-Tec Systems MAN Energy is increasing its share in H-Tec Systems, an electrolysis technology company, to almost 99 per

MOL eyes deployment of net-zero emission ships in the 2020s

18 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. MOL Wind Challenger; Image by MOL Under its revised vision, released earlier today, the company has set sights on reducing

DESFA and Dioriga Gas sign deal on Greek FSRU

18 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Greek gas grid operator DESFA has signed an agreement with Dioriga Gas, a unit of Motor Oil Hellas, for the FSRU project in the Gulf of Corinth, Greece. Courtesy of DESFA The advanced reservation of capacity agreement (ARCA) for the construction of the connections between the planned Dioriga Gas’ floating

EIA: US weekly LNG exports increase, followed by Henry Hub

18 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Energy Information Administration (EIA) weekly report has shown that LNG exports from the U.S. went up this week, with Henry Hub prices going up as well. Courtesy of Cheniere For the period of 1o June to 16 June 2021, according to the latest Short-Term Energy Outlook, EIA reports that U.S.

Maersk in talks with yards on methanol-powered containership

17 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Illustration; Image courtesy: Maersk Container shipping heavyweight Maersk is currently in discussions with equipment suppliers and yards on the order of a methanol-powered containership. The company announced plans to order the world’s first container vessel that can operate on carbon-neutral methanol in February 2021. Under the plan, Maersk plans to launch the carbon-neutral

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