The Finnish government has submitted its National Recovery Plan to the European Commission, which contains € 318.7 million of investments in supporting clean energy and energy infrastructure developments, including a 6 GW offshore wind farm that will incorporate a Power-to-X solution. Finland plans to support offshore wind and other new
Kjeld Aabo; Image credit: MAN Energy SolutionsAmmonia is emerging as the likely front-runner in the fourth propulsion revolution in the maritime industry driven by the sector’s urgent need to decarbonize. According to the predictions from the International Energy Agency (IEA), it will account for around 45% of global energy demand
NYK Line, NYK Cruises, Ecobunker Shipping, and Yokohama City have signed a memorandum of understanding (MoU) to carry out LNG bunkering operations at Japan’s Port of Yokohama. Courtesy of Ecobunker Shipping LNG bunkering for Yokohama Port is part of the Japanese government’s plans to make Yokohama a carbon-neutral port, in
South Korean shipbuilding major Samsung Heavy Industries has secured a contract to build a liquefied natural gas (LNG) carrier pair. Courtesy of Business Wire In a filing to the stock exchange, the shipbuilder said that the order was placed by a shipowner from the Oceania region. According to the filing,
South Korea’s refiner GS Caltex and South Korea’s LNG importing giant Korea Gas Corporation (KOGAS) have signed a memorandum of understanding (MoU) for liquid hydrogen production and supply value chain. Illustration only; Courtesy of KOGAS The companies are planning to launch production and supply of liquefied hydrogen by recycling liquefied
ESB and dCarbonX have signed a memorandum of understanding for the joint assessment and development of Irish offshore green hydrogen subsurface storage. According to the agreement, the companies will collaborate on licensing, environmental studies, site selection, project sanctioning, offshore infrastructure development, commissioning, and operations related to ESB’s existing and planned
Flex LNG, a pure-play LNG carrier company, has completed its newbuilding program with the delivery of its 13th LNG carrier. Courtesy of Flex LNG The company informed on Monday it has taken delivery of Flex Vigilant. The vessel, capable of transporting up to 174,000 cubic meters of chilled fuel was
Ørsted and HOFOR (Greater Copenhagen Utility) entered into an agreement that will secure green power for part of the potential 1.3 GW Green Fuels for Denmark project to produce sustainable fuels in the Greater Copenhagen area. As part of the agreement, Ørsted and HOFOR will work towards enabling Ørsted to
South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) has won a 217 bln won ($195.6 million) order for the construction of a large LNG carrier from Hyundai LNG Shipping. Courtesy of DSME The 174,000-cubic metres LNG carrier will be built at the Okpo Shipyard. It will be delivered
The Finnish technology group Wärtsilä will supply the Inert Gas Generator (IGG) systems for six Arctic LNG 2-dedicated tankers. Courtesy of Wärtsilä Wärtsilä will also provide the latest technology in radio and integrated navigation systems for the six LNG carriers being built to serve the Arctic LNG 2 project in