Norwegian maritime technology group Kongsberg Maritime has been contracted by Novatek to deliver deck machinery for six ice class LNG carriers. Courtesy of Kongsberg The LNG carriers will be built by Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) and will be operating in the waters of northwest Siberia. Each
The world’s largest container shipping company Maersk is betting on a large-scale retrofit of its fleet with engines running on alternative fuels rather than planning a dramatic ordering spree to rejuvenate it and make its ships more eco-friendly. During today’s full-year investors’ presentation, Søren Skou, CEO of A.P. Moller –
H2GO Power, in collaboration with the European Marine Energy Centre (EMEC) and Imperial College London, are testing the use of artificial intelligence (AI) software coupled with hydrogen technology. EMEC’s onshore substation and hydrogen plant (Courtesy of EMEC; Photo by Orkney Sky Cam) Funded by Innovate UK and the Sustainable Innovation
Mitsubishi Heavy Industries invested in C-Zero, a U.S. hard tech startup that will push the production of hydrogen and ammonia and avoid producing CO2. Courtesy of MHI The investment is executed through Mitsubishi Heavy Industries America. In this way, MHI continues to strengthen the hydrogen value chain and it joins
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone dipped in the first month of 2021. Courtesy of Santos Shipping data from the Gladstone Ports Corporation shows that the three liquefaction plants exported a total of 29 cargoes during the month. The cargoes had a total
Japan’s shipping major Mitsui O.S.K. Lines (MOL) named an LNG carrier chartered to Gail, the Indian public sector natural gas company. Courtesy of MOL The new vessel is named Gail Bhuwan and is scheduled to be completed in February 2021. It will mainly transport LNG from North America to India.
The U.S. Energy Information Administration expects higher Henry Hub prices that reflect expectations of continued strong LNG exports. Courtesy of Cheniere In the latest Short-Term Energy Outlook released yesterday, EIA reports the Henry Hub natural gas spot price averaged $2.71 per million British thermal units (MMBtu) in January, up from
Canadian energy storage solutions provider Sterling PlanB (SPBES) and India state-controlled shipyard Garden Reach Shipbuilders and Engineers (GRSE) have signed a memorandum of understanding (MOU) to facilitate an increase in access to hybrid and fully electric propulsion and power solutions expertise throughout India. Under the MOU, GRSE and Sterling PlanB want
Wave energy company AW-Energy has joined the E-fuel research project looking to drive forward the commercialisation of the electrofuel (e-fuel) production using sustainable electricity and sequestered carbon dioxide. WaveRoller deployment (Courtesy of AW-Energy) The E-fuel research project, coordinated by state-owned research centre VTT, received a €3.3 million funding boost in