German liner major Hapag-Lloyd revealed it has hired the South Korean shipyard Daewoo Shipbuilding & Marine Engineering to build six dual-fuel containerships with a capacity of over 23,500 TEU. The shipbuilder disclosed the deal earlier today, without naming the company behind the order. The contract is worth KRW 1.1 trillion
South-Eastern Europe’s largest integrated energy company OMV Petrom has obtained a license to commercialize LNG. Illustration only; Courtesy of OMV Petrom Liquefied natural gas (LNG) provides a cleaner fuel alternative with emissions of up to 15 per cent less CO2, 50 per cent less nitrogen oxide, and also 50 per
Swedish company Waves4Power has formed a strategic alliance with U.S.-based clean charging technology developer EnergyTwo to harness solar, wave power and energy storage to meet the increased demand for electrification and on-site charging for clean electric machines. WaveEL wave energy system (Photograph courtesy of Waves4Power AB, Sweden) The combined effort will result
Swedish shipping company Furetank Rederi AB has announced that its LNG-powered tanker, Fure Viten, departed China Merchants Jinling Shipyard in Yangzhou for its first zero-emission journey. With the combination of fuel-saving solutions, the 17,999 dwt tanker is designed to reach a very low energy efficiency design index (EEDI) value of 4.65. According
DNV has won the contract for the carbon capture and storage (CCS) pipeline materials study from Neptune Energy to assess the fracture and suitability of offshore pipelines for re-use in CO2 transport. In the first phase, DNV will identify suitable approaches to ductile fracture assessments in dense phase CO2 pipeline
Russia’s Sakhalin Energy has successfully completed the planned shutdown at the Piltun-Astokhskoye-B (PA-B) platform, the largest oil and gas production platform of the Sakhalin-2 project in Russia. Sakhalin Energy announced the planned shutdown of the PA-B offshore platform earlier this month. According to Andrey Klimov, the PA-B Offshore Installation Manager,
Norwegian RoRo shipping company Höegh Autoliners is considering a potential listing as it scales up green vessel investment plans as part of its decarbonization efforts. Namely, Höegh intends to invest in up to 12 Aurora class multi-fuel and ammonia ready vessels designed with a 9,100 car equivalent unit capacity. The company has
Algerian state energy company Sonatrach has closed its Skikda LNG facility after a technical issue had transpired. Skikda LNG; Courtesy of KBR The state-owned company said that a technical issue occurred on 11 June at the Skikda LNG facility, which led to its shutdown. The reported cause is a sudden
China National Petroleum International Corporation (CNPC) has inked a deal on the construction of three LNG carriers with Hudong Zhonghua Shipbuilding (Group), a subsidiary of China State Shipbuilding Corporation. Under the terms of the memorandum on construction, the vessels will boast the fourth-generation “Changxing Series” large-scale 174,000 cubic meter LNG ship