Korea Hydro & Nuclear Power (KHNP) has signed a MoU for hydrogen fuel cell power generation business in Gyeongju, a South Korean city southeast of Seoul. Courtesy of KHNP A memorandum of understanding (MoU) was signed on 12 April for a 100 billion-won (approximately 89 million USD) project aimed to
Since the start of the year, there have been 27 LNG-fuelled vesselsordered, according to a recent market insight from Gibson Shipbrokers. Of these, 14 have been tankers, nine have been container vessels, two general cargo, and PCCs respectively. The vessels will be built through to 2024. Furthermore, IMO figures show
International ship classification society Indian Register of Shipping (IRClass) has undertaken successful sea trials for the ships Ambuja Mukund and Ambuja Vaibhav towards the use of biofuels. Courtesy of Ambuja Cements The trials were carried out in efforts to reduce greenhouse gas emissions (ghg). The emission levels for CO2 and
Delta Offshore Energy’s LNG-to-Power project for Bac Lieu province in southern Vietnam has received land approval. Courtesy of Delta Offshore Energy The milestone has been reached at the end of March, with the Bac Lieu Province People’s Council approving the land requirement of 70 hectares for the LNG-to-power project. When
UK’s gas supplier Gasrec has acquired five bio-LNG refueling stations and four cryogenic trailers, reinforcing its commitment to transition from diesel to a cleaner fuel. Courtesy of Gasrec Following the transaction, the five refueling stations will undergo upgrade work and will be deployed as Gasrec facilities to sites across the
Australian energy giant Santos has decided to provide the company’s managing director and chief executive officer (CEO) with a one-off growth projects incentive to ensure successful delivery of Santos’ major growth projects and energy transition strategy to 2025. Santos said on Monday that the company’s share price more than doubled
The Finnish technology group Wärtsilä has been contracted to convert the close to 90 MW Bel-Air power plant in Dakar, Senegal to operate on liquefied natural gas (LNG). Courtesy of Wärtsilä The plant, which is owned by Senelec, Senegal’s public utility company, currently operates on heavy fuel oil. The conversion
South Korean shipping company Pan Ocean is continuing its expansion into the LNG market with a charter deal for an LNG bunkering vessel. Illustration only (Courtesy of Shell) The company said on Monday it has entered into a time-charter deal with Shell for an LNG bunkering vessel. The contract is
South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) has resumed its winning streak having secured orders for three liquefied petroleum gas (LPG) carriers. KSOE’s business arm Hyundai Samho Heavy Industries has won a contract for the construction of two LPG carriers worth KRW 176 billion ($ 157 million).
Norwegian shipowner Hagland Shipping has entered into a contract with Dutch shipbuilder Royal Bodewes for the construction of two eco-friendly self-discharging bulk carriers of 5,000 dwt. As explained, the contract, worth about NOK 280 million ($33 million), emphasizes zero emissions at harbor and substantial reduction of emissions during sailing. Hagland