Australian energy giant Santos has announced entry into the front-end engineering and design (FEED) phase for the proposed Bayu-Undan carbon capture and storage (CCS) project. Courtesy of Santos The Bayu-Undan CCS project could potentially safely and permanently store up to 10 million tonnes of CO2 per year. This is equivalent …
Danfoss Power Solutions’ Editron division will power the UK’s first high-speed passenger ferries, with the first vessel joining Uber Boat by Thames Clippers’ fleet in autumn 2022. The two 40-metre-long vessels will be built by Wight Shipyard Co on the Isle of Wight. The two new hybrid vessels, each capable …
Oil major Shell on Tuesday apologised for buying a cargo of Russian crude oil last week, a decision which was made with the security of supplies in mind and guided by the need to disentangle society from Russian energy. Shell has now pledged to withdraw from all Russian hydrocarbons. Shell …
German ferry operator TT-Line has taken delivery of its first green ship, the LNG-powered Nils Holgersson. Photo: TT-Line The roll-on/roll-off passenger (RoPax) vessel was handed over to its owner during a ceremony hosted by Chinese shipbuilder CMI Jinling on 7 March 2022. Named Nils Holgersson, the newbuild now officially belongs …
The newly formed shipping firm CoolCo has purchased the first of the eight LNG tankers from Bermuda-based shipper Golar LNG. Illustration; Courtesy of Golar LNG In December, Golar LNG announced the separation of its eight TFDE LNG tankers into the new company called Cool Company. Thus, Golar wanted to separate its shipping …
U.S. project developer Venture Global and energy giant Shell signed a new long-term sales and purchase agreement (SPA) for the supply of 2 million mtpa of LNG from the Plaquemines LNG. Courtesy of Venture Global LNG The parties signed the SPA for a period of 20 years. This continues on …
The Japan Bank for International Cooperation (JBIC) signed an agreement for equity participation in the Clean H2 Infra Fund of France, managed by Hy24. Illustration only; Courtesy of Business Wire The Clean H2 Infra is targeting EUR 1.5 billion ($1.63 b). JBIC plans to invest up to $108 million in …
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design for a new LNG carrier from French LNG containment specialist GTT. Courtesy of GTT Hyundai Samho Heavy Industries is constructing the new 174,000 cubic metres liquified natural gas carrier. It will deliver the vessel in the third quarter …
Norwegian ship design company Breeze Ship Design will design an ammonia-powered oil tanker as part of the Norway-backed Green Shipping Program (GSP). Photo: Breeze Ship Design As informed, the Breeze design will be based on an existing 110,000 dwt Aframax vessel. Currently, Breeze is engaged in several projects for the …
Italian classification society RINA has signed a memorandum of understanding (MoU) with marine systems provider 5M Renewables for the collaboration on the concept development for the floating green hydrogen production vessel. The collaboration on the concept named Thessalonica Hydroship is expected to contribute to the decarbonisation efforts of the marine …