Classification society DNV has issued an Approval in Principle (AiP) for the design of a green ammonia tanker that also runs on green ammonia developed by LMG Marin, Wärtsilä and Grieg Edge. According to developers, the MS Green Ammonia got the AiP last week confirming the feasibility of the design. MS
CoolCo buys 5th and 6th LNG carrier from Golar LNG
The newly formed shipping firm CoolCo has completed acquisition of fifth and sixth out of eight LNG carriers from Bermuda-based shipper Golar LNG. Courtesy of Golar LNG Cool Company completed the acquisition on 4 April 2022. These completions covered all of the shares in the following of Golar’s subsidiaries: Golar
Corvus Energy hydrogen fuel cell system gets DNV AIP
The Corvus Energy hydrogen fuel cell system developed through the H2NOR project has received approval in principle (AiP) from the classification society DNV. Courtesy of Corvus Energy As explained, the solution enables simplified placement of the system inside a ship’s hull. This is the first fuel cell system (FCS) designed
World’s 1st LH2 carrier Suiso Frontier in a fire incident
The Australian Transport Safety Bureau (ABTS) is investigating a fire incident onboard the world’s first LH2 carrier Suiso Frontier that took place on 25 January in Hastings. Courtesy of HESC The ATSB revealed it is investigating a gas pressure control equipment malfunction onboard Suiso Frontier. The incident occurred after the
J-DeEP’s floating hydrogen production plant approved by ClassNK
The classification society ClassNK has granted approval in principle for the design of a floating offshore hydrogen production plant developed by J-DeEP. Japan Offshore Design & Engineering Platform Technology & Engineering Research Association (J-DeEP) developed the floating offshore hydrogen production plant. It combines a seawater desalination system and a system
Industry’s first: Furetank granted green credit guarantee
Furetank has become the first shipping company in Sweden to receive a green credit guarantee by the Swedish Export Credit Agency for financing a vessel of “top-class environmental and climate standard”. Illustration. Courtesy of Furetank The guarantee applies to the pre-financing of Furetank’s next product and chemical tanker and cover
Sempra and KOGAS to collaborate on LNG, hydrogen for energy transition
U.S. energy company Sempra Infrastructure and Korea Gas Corporation (KOGAS) have teamed up to cooperate in the global energy transition to lower and zero-carbon fuels. Illustration; Courtesy of Sempra The parties signed a memorandum of understanding (MoU) to explore opportunities to cooperate in the global energy transition. The MoU contemplates
IEA states to release emergency oil reserves for the second time this year
Following U.S. President Biden’s announcement on Thursday about plans for what will be the largest release of oil reserves in American history, the International Energy Agency’s 31 member countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by Russia’s
BW Tatiana FSRU in 1st STS LNG transfer in El Salvador
BW Tatiana FSRU, deployed in El Salvador as a part of the Energía del Pacífico LNG-to-power project, has completed its first ship-to-ship LNG operation. Courtesy of BW LNG BW LNG, a unit of the Singapore-based gas shipping giant BW Group, informed via social media of the milestone operation that took
Indian energy players team up for green hydrogen
Indian Oil, Larsen & Toubro (L&T), and ReNew Power have formed the Green Hydrogen joint venture in a move to enable India’s decarbonisation push. Courtesy of L&T Indian Oil, the country’s refiner, L&T, India’s engineering and construction firm, and ReNew, India’s renewable energy company, signed a binding term sheet for