In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produced
CMA CGM Champ Elysses; Image credit: CMA CGM French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history. The orders are spread across three Chinese shipbuilders, Jiangnan Shipyard, Hudong-Zhonghua Shipbuilding, and Qingdao Beihai
A liquefied natural gas (LNG) terminal, which will cost approx €40 million, is being built in a public port in Bratislava, Slovakia. Image from the feasibility study; Courtesy: Public Ports in the Slovak Republic The development of the LNG terminal in the public port of Bratislava is currently in the
U.S. LNG export project developer Venture Global LNG has partnered up with construction firm Zachry Group in the development of the Plaquemines LNG export project in Louisiana. Courtesy of Venture Global This comes after Venture Global LNG selected KBR for the engineering, procurement and construction (EPC) contract as lead contractor
Classification society Bureau Veritas has classed Bergen Tankers’ Bergen LNG, Norway’s first LNG bunkering ship. Courtesy of Bureau Veritas Bergen LNG is born from the conversion of the 2010 built oil tanker Oslo Tank in order to carry LNG instead of conventional liquid marine fuels. This was announced in August
MOL FSRU Challenger has loaded and departed Cheniere Energy’s Sabine Pass LNG export facility on April 29, making it the largest LNG vessel ever to load at the US terminal. Courtesy of Cheniere Measuring in at nearly 1132 feet long, FSRU MOL Challenger is approximately 150 feet longer than an
LNG exports from the U.S. remain flat on the week with Henry Hub prices going up, according to weekly data from the Energy Information Administration (EIA). Courtesy of Cheniere In the latest Short-Term Energy Outlook report for the week between 22 April 28 April, EIA reports twenty LNG vessels that
South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for two dual-fuel LPG carriers from compatriot Hyundai LNG Shipping. The 91,000 cbm ships are expected to be built at DSME’s Okpo yard and delivered to shipowners by the fourth quarter of 2023. The contract is
