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
There needs to be a greater sense of urgency among global governments in relation to the adoption of policies that would accelerate decarbonization in the shipping sector, the head of the world’s largest container shipping company believes. “Business is ahead of governments on this agenda,” Soren Skou, CEO of A.P.
The shipping industry must reach zero emissions by 2050, and to get there zero-emission ships must become the dominant and competitive choice by 2030, an op-ed signed by big industry names insists. This means that the International Maritime Organization (IMO) would need to step up and revise its decarbonization targets