Ammonia and hydrogen are zero-carbon bunker fuels that are most likely to be major contributors to shipping’s decarbonized future, a new series of reports released by the World Bank reveals. At present, the two green fuels are “most promising” zero-carbon bunker fuels within the shipping industry. On the other hand,
LNG bunkering coalition SEA-LNG on Friday highlighted the findings of an independent study reconfirming that LNG as a marine fuel reduces GHG emissions by up to 23 per cent. Courtesy of SEA-LNG The study commissioned by SEA-LNG and SGMF notes that this level of greenhouse gas reductions is achievable depending
Japan’s Tsuneishi Shipbuilding has developed a new LNG-fueled Kamsarmax dry bulk carrier design. Courtesy of Tsuneishi Shipbuilding The vessel is predicted to achieve a reduction of CO2 emissions of 40 per cent compared to the standard value against the EEDI. Tsuneishi obtained approval in principle from international classification society Lloyd’s
Norsk Hydro has signed a memorandum of understanding (MoU) with New Fortress Energy (NFE) to secure a supply of LNG for the Brazil Hydro Alunorte plant to reduce carbon emissions. Courtesy of Hydro Norwegian aluminum and renewable energy company Hydro will buy LNG in order to replace a major part
French cryogenic containment specialist GTT has unveiled an evolution of its NO96 cargo containment system. Courtesy of GTT The company said it has developed the NO96 Super+ CCS, and has already received approval in principle (AiP) from the classification society Bureau Veritas. The new NO96 Super+ technology integrates insulating Reinforced
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) is enjoying a continued ship ordering spree as it won another contract for three liquefied natural gas (LNG) carriers. The new contract is worth KRW 636.4 billion (about $570.9 million), KSOE said in a stock exchange filing on 16
Storegga, Shell, and Harbour Energy have become equal partners in the Acorn carbon, capture and storage (CCS) project and will develop the project through to final investment decision (FID), construction, operation, and beyond. Storegga, through its wholly-owned subsidiary Pale Blue Dot Energy, was the lead company on the project which
At a hydrogen roundtable, the Abu Dhabi National Oil Company (ADNOC) has demonstrated a strong interest in exploring the hydrogen market with India’s public and private sectors to support its demand for cleaner fuel. Courtesy of ADNOC Speaking during a session at a virtual Hydrogen Roundtable organized by The Energy
Energy Information Administration (EIA) weekly report has shown that LNG exports from the U.S. decrease this week, with Henry Hub prices going up. Courtesy of Cheniere For the period of 7 April to 14 April 2021, according to the latest Short-Term Energy Outlook, EIA reports that U.S. LNG exports decreased
