Norway-based shipping firm Avance Gas Holding has increased its dual-fuel VLGC newbuilding program from four to six 91,000 cbm vessels. The order comes just a few months after the most recent fleet addition deal announced back in January. The latest two newbuilds will also be built by South Korean major
Norway’s Petroleum Safety Authority said it has concluded a lengthy investigation into the fire accident at Equinor’s Hammerfest LNG facility. Courtesy of Harald Pettersen/Equinor The incident took place on September 28, 2020, with PSA’s investigation unveiling serious breaches of the regulations. In its notice on Thursday, PSA issued an order
Klaipedos Nafta, Lithuanian oil and LNG terminal operator, has launched an annual capacity booking procedure for the Klaipėda LNG terminal. Courtesy of Port of Klaipeda The new gas year, for which the procedure is being launched, starts on 1 October 2021. The total amount of the allocated LNG terminal capacity
Dutch transportation company Samskip has increased its commitment to greener shipping through a new formal agreement with sustainable cargo initiative GoodShipping to run part of its fleet on marine biofuels and significantly reduce carbon footprint. As explained, the initial usage of biofuels is expected to enable a CO2-reduction of up
Grimaldi Group’s hybrid ro-ro vessel Eco Savona was christened on Wednesday during its maiden call in the port of Savona. This is the fourth hybrid ro-ro unit of twelve Grimaldi Green 5th Generation (GG5G) vessels ordered by the Grimaldi Group. The newbuild was delivered in March this year by Jinling
Belgium’s tanker shipping company Euronav NV has confirmed that it signed contracts for the construction of two very large crude carriers (VLCCs) with South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI). The deal was unveiled on 19 April by Korea Shipbuilding & Offshore Engineering (KSOE), a parent company of HSHI. The
KP Engineering, U.S. EPC solutions company, has promoted DeLome Fair to principal process engineer with the task to expand the company’s syngas and hydrogen plant design and execution. DeLome Fair; Courtesy of KPE KPE is reponsible for designing, executing, and delivering customized engineering, procurement and construction (EPC) solutions for the
Belgian shipowner Compagnie Maritime Belge (CMB) and Japanese shipbuilder Tsuneishi have launched a joint venture to develop the hydrogen internal combustion engine (H2ICE) technology for the Japanese industrial and marine market. Courtesy of CMB To accelerate the adoption of this technology, CMB and Tsuneishi will invest additional capital in the
U.S. oil major Chevron and Toyota Motor North America have signed a memorandum of understanding (MoU) for a strategic alliance to develop a hydrogen business. Courtesy of Chevron The companies want to catalyze and lead the development of commercially viable, large-scale businesses in hydrogen, with the goal to advance a