The Norwegian unit of energy giant Shell has sold its downstream LNG subsidiary Gasnor to Spain’s Molgas Energy. Courtesy of Navingo The transaction transfers Norske Shell‘s complete shareholding in Gasnor to Molgas. The sale of Gasnor has no effect on the operations or organization of Norske Shell. All of the
Lithuanian Klaipėdos Nafta has announced a consultation with market participants regarding the acquisition of floating storage and regasification unit (FSRU) for the Klaipėda LNG terminal. Courtesy of Port of Klaipeda The consultation, as part of the procurement process for FRSU, has the goal to familiarise market participants with the process
A new ShippingLab project aims to create an internationally recognized platform for testing and validating new fuel solutions that can aid in significantly reducing or eliminating greenhouse gas (GHG) emissions from the shipping industry. As such, the purpose of the platform is to assist the global transition towards sustainable marine
German-based engine manufacture MAN Energy Solutions has begun the ‘AmmoniaMot’ project to produce a dual-fuel, medium-speed engine capable of running on diesel fuel and ammonia. Courtesy of MAN Initiated by MAN, ‘AmmoniaMot’ stands for Ammonia Engine in German, and it gathers industry partners and research institutes including the University of
South Korean ship designer and shipbuilder Samsung Heavy Industries (SHI) has received Approvals in Principle (AiPs) from three classification societies for its wind turbine installation vessel (WTIV) design. SHI’s low carbon emission ECO-WTIV (LNG Fuel + SOFC) model named SLW-FUEL CELL received AiPs from American Bureau of Shipping (ABS), DNV,
Wison Offshore & Marine has been awarded a front-end engineering and design contract for Pilot LNG’s floating liquefaction unit. Courtesy of Wison The deal was awarded by Pilot LNG to Wison Offshore & Marine’s unit, Wison Offshore Technology. Pilot LNG is developing the Galveston LNG Bunker Port (GLBP) project on
Tanker shipping company Stena Bulk has revealed a set of five dated decarbonisation targets as part of its comprehensive roadmap for becoming a net-zero business by 2050. The first of these milestones was achieved in 2020, when Stena Bulk began offering customers low-carbon shipping options with up to a 100% reduction
Babcock’s LGE business, a liquefied gas solutions specialist, has secured five supply contracts for its LNG Boil-Off Gas (BOG) reliquefaction technology. Courtesy of Babcock The latest ecoSMRT orders will be delivered to newbuild LNG carriers built at Hyundai Heavy Industries (HHI). Four of the five LNG carriers to be fitted
Nordic energy company Gasum has kicked off test deliveries of liquefied biogas (LBG) for the Finnish Border Guard. Courtesy of Gasum The deliveries aim to demonstrate the suitability of LBG as a fossil-free and 100 per cent renewable fuel to the needs of the maritime industry. Gasum made the first
Greek shipowner Latsco has received Hellas Diana from South Korea’s Hyundai Samho Heavy Industries (HSHI), as the first LNG carrier in the fleet. Courtesy of Latsco The 173,400 cubic metres LNG tanker Hellas Diana set sail on 1 April from Hyundai Samho Heavy Industries’ Mokpo shipyard. The 297 metres long