US LNG project developer Tellurian has repaid its 2019 loan in full after a $38 million voluntary prepayment. Courtesy of Tellurian The company noted in its statement on Monday that, as a result of the prepayment, it has reduced its outstanding debt balance to approximately $21 million. President and CEO
Italian Eni and Polytechnic University of Milan signed a new framework agreement for the joint innovation and research centre for technologic acceleration in carbon neutrality. Courtesy of Eni The new framework agreement is signed on 15 March 2021 for five years, extendable to seven. The strategic goal of the agreement
The Grimaldi Group has taken delivery of Eco Savona, the fourth of the twelve ultra-modern hybrid Ro-Ro units of the Grimaldi Green 5th Generation (GG5G) series ordered from the Jinling shipyard. The hybrid ro-ro ship has a length of 238 meters, a beam of 34 meters, a gross tonnage of 67,311 tonnes, and
Norway-based Høglund Gas Solutions has signed a contract with oilfield services provider Halliburton to provide a turnkey LNG retrofit of the 5932-dwt RoRo – combination carrier Hannah Kristina. Courtesy of Base Marine norway Hannah Kristina, owned by Base Marine Norway can operate dry bulk, wet bulk and general cargo. The
A consortium of 17 partners from Denmark and other European countries have received more than DKK 30 million ($ 4.8 million) from Innovation Fund Denmark to bring the production of sustainable fuels for aircraft and ships to the stage of commercialization. The project, named Low Carbon fuels for aviation and
Japan’s Itochu Corporation, Itochu Enex, Ube Industries and Uyeno Transtech reached an agreement to work together on the supply of marine ammonia fuel and the development of supply sites in Japan. Courtesy of ITOCHU The greenhouse gas (GHG) reduction strategy adopted by the International Maritime Organization (IMO) calls for a
US-based Excelerate Energy and ExxonMobil signed a MoU with the Albanian government to conduct a feasibility study for the development of an LNG project in the Port of Vlora in Southern Albania. Courtesy of Excelerate Energy The Memorandum of Understanding (MOU) was signed on 12 March 2021. Albania relies on
Australian major Woodside and its Pluto LNG JV partners have delivered their first cargo of carbon offset condensate to independent commodity trading company Trafigura. Courtesy of Woodside The cargo was loaded at Pluto LNG in Western Australia, Woodside said on Monday. The carbon dioxide equivalent emissions associated with extraction, storage
A Japanese-Australian consortium sets off the production of hydrogen from brown coal in the Hydrogen Energy Supply Chain (HESC) pilot project in Australia. Courtesy of Kawasaki Heavy Industries The HESC Pilot is developing a complete hydrogen supply chain, creating hydrogen gas via the gasification of Latrobe Valley coal, transport to