Dallas-based engineer Jacobs has been contracted by FGEN LNG Corporation as owner’s engineer for the LNG project in Batangas City, Philippines. FGEN is developing the Interim Offshore LNG Terminal that will be built at the First Gen Clean Energy Complex. As Owner’s Engineer, Jacobs will provide services for the engineering,
U-Ming Marine Transport Corporation, Taiwan’s largest publicly listed bulk carrier company, has secured its first sustainability-linked loan worth $45 million. The loan was obtained from E.SUN Commercial Bank and it was preceded by a rigorous due-diligence process that evaluated the company’s financial strength and ESG achievements. The loan incorporates an
Gas shipping company Navigator Holdings has signed a non-binding Letter of Intent with Naviera Ultranav Limitada to merge its fleet and business activities with Ultragas ApS. The merger of the two gas shipping companies would bring the combined fleet to a total 56 vessels. Specifically, Ultragas has a fleet of
The European Hydrogen Backbone (EHB) initiative has proposed a hydrogen network of 39,700 kilometres by 2040 to connect 21 European countries, with further growth expected after 2040. Courtesy of the European Hydrogen Backbone (EHB) The updated European Hydrogen Backbone vision is launched on 13 April and it follows the report
South Korean majors Hyundai Heavy Industry (HHI) Group and Korean Register (KR) have signed an MOU laying the groundwork for a strategic partnership to address key environmental challenges facing the industry. Under the MOU, signed on April 12, the two sides plan to exchange technical information and human resources to
French major Total said that earlier this month it had delivered the first cargo of liquefied natural gas (LNG) to Foran Energy in China. Courtesy of Total The company delivered a total of 136,000 cubic meters of liquefied natural gas to the Zhuhai LNG terminal, in China’s Guangdong Province. Foran
Indian manufacturer of cryogenic technology INOXCVA and Japanese conglomerate Mitsui have signed an agreement to share technical and commercial expertise on small-scale LNG applications development in India. Courtesy of INOXCVA The memorandum of understanding (MoU) involves deployment of small-scale LNG infrastructure, including logistics and receiving facilities at the customer end.
Singapore-based Sembcorp Marine has picked Schottel’s azuimuthal hybrid drive system for the world’s first liquefied natural gas (LNG) hybrid tug. With this first in a series of 12 vessels, Sembcorp Marine will build the world’s first hybrid LNG-fueled tug fleet that will replace its existing diesel-powered tugs, Schottel said in
The Finnish technology group Wärtsilä has signed an Optimised Maintenance agreement with the Japanese shipping giant Nippon Yusen Kaisha (NYK) and Monohakobi Technology Institute (MTI). Courtesy of Wärtsilä The trio has agreed to evaluate Wärtsilä’s Expert Insight predictive maintenance service as part of a pilot programme, to be carried out