Germany’s engine manufacturer MAN Energy Solutions has decided to acquire almost 99% of the shares in H-Tec Systems, a compatriot electrolysis technology company. Subject to approval by the competition authorities, MAN Energy Solutions has purchased the shares of the previous majority shareholder, GP Joule, adding to the 40% stake it previously took
The ferry Münsterland has arrived at the dock of shipyard Royal Niestern Sander in Delfzijl, Netherlands, for LNG conversion. Courtesy of Niestern Sander Royal Niestern Sander designed and built a completely new aft ship with LNG tank and equipment installed for Münsterland. Münsterland is the passenger ship from 1986, belonging
French LNG containment specialist GTT has been contracted to design the tanks for Pan Ocean’s LNG newbuild. Courtesy of Roland Mouron – GTT The order was placed by the South Korean Samsung Heavy Industries shipyard. Once completed the vessel will be capable of transporting up to 174,000 cubic meters of
Greek shipowner Avin International LTD has ordered a Suezmax tanker from the Chinese shipbuilder New Times Shipbuilding Co., and the tanker is set to become the first ammonia-fuel ready vessel in the world. The landmark 274-meter-long vessel is now under construction and the company has options for two further vessels.
Commonwealth LNG, in partnership with Gunvor, has launched a bid process for offtake from its planned 8.4 mtpa LNG facility in Cameron, Louisiana. Courtesy of Commonwealth LNG It is the first-ever tender process in which prospective LNG customers can secure future term supply at volumes, pricing and duration of their
Norway-based shipping firm Avance Gas Holding has ordered two 91,000 cbm, liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) in South Korea. The company revealed it entered into shipbuilding contracts with Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for the vessel pair. The units are slated for
French energy company Total announces the acquisition of a 20 per cent minority interest in Adani Green Energy Limited (AGEL) from Adani Group, India’s leading infrastructure platform. Courtesy of Total Adani Green Energy Limited is an Indian renewable energy company headquartered in Ahmedabad, Gujarat. The company operates Kamuthi Solar Power
Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish Energy Technology Development and Demonstration Program (EUDP), the project, SOFC4Maritime,
French LNG containment specialist GTT has been given a favorable update on the appeal procedure in a case with the Korea Fair Trade Commission. Courtesy of GTT/Roland Mouron The South Korean Fair Trade Commission (FTC) issued an $11.3 million fine noting that GTT’s commercial practices have not complied with Korean
Yara Marine Technologies, a Norway-based provider of exhaust gas cleaning systems, has selected Phoenician Energy’s aluminum-air batteries as the winner of its corporate accelerator program, Yara Marine X. Yara Marine X was launched in September as a startup competition aiming to provide a home for technology and solutions that are