The transition to low sulphur in fuel oil in 2020 saw only 55 cases of 0.50% compliant fuel being unavailable, the International Maritime Organization (IMO) said describing the switch extremely smooth. The IMO gave the possibility for shipowners to be issued with a Fuel Oil Non Availability Report (FONAR) in
German energy major Uniper has witnessed increased demand for LNG shipping capacity in the Asian market. Uniper-chartered LNG ship Schneeweisschen (Courtesy of Uniper) LNG is a sector that Uniper has identifies as a strategic growth area that has undergone significant expansion in recent years. The company noted in its statement
The Royal Niestern Sander shipyard has completed the installation of the new aft ship with LNG tank and equipment on the AG Ems’ passenger ferry Münsterland. Courtesy of Niestern Sander Münsterland, the passenger ship belonging to German ferry operator AG Ems originating from 1986, has been upgraded with a completely
Woodside Burrup and the North West Shelf (NWS) project participants have finalized arrangements with the Western Australian Government enabling the supply of Pluto feed gas. Courtesy of Woodside The volumes will be delivered via an interconnector pipeline, for processing at the NWS project’s Karratha gas plant (KGP). These arrangements follow
Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5G) class, has been delivered to the Grimaldi Group by the Chinese Jinling shipyard located in Nanjing. The Eco Livorno, which flies the Italian flag, has a length of 238 meters, a beam of 34 meters, a gross tonnage of 67,311
A division of Occidental Petroleum, Oxy Low Carbon Ventures (OLCV), has delivered the world’s first shipment of carbon-neutral oil to India. Occidental said on Thursday that the delivery of two million barrels of carbon-neutral oil was made to Reliance Industries. This transaction is the energy industry’s first major petroleum shipment
Russia’s largest independent natural gas producer and LNG operator Novatek and Uniper, an energy company based in Germany, signed a Memorandum of Understanding to assess the possibilities of developing a hydrogen value chain. Courtesy of Novatek The companies agreed to develop an integrated production, transportation and supply chain of hydrogen.
South Korean steel manufacturer POSCO informed the world’s first LNG-powered bulk carrier HL Green completed its first iron ore delivery. On 20 January, arrived at Gwangyang Works loaded with 180,000 tons of iron ore from Australia POSCO said. Courtesy of POSCO To remind, the vessel completed its maiden voyage docking
ABB, a power and automation technology specialist, unveiled an emissions monitoring system that will help the maritime industry achieve its decarbonisation targets. Courtesy of ABB In 2020, the low sulphur and nitrousoxide emission limits in the International Maritime Organization regulations became enforced worldwide. The new ABB product, an emissions monitoring
Norwegian energy giant Equinor has decided to write down the value of its Tanzania LNG project on the company’s balance sheet by $982 million. Courtesy of Equinor Equinor noted the write-down will be reflected in adjusted earnings for EPI division in the fourth quarter 2020 results to be reported on