Excelerate Energy and Gasgrid Finland have signed a ten-year deal to charter a floating storage and regasification vessel (FSRU) that will provide LNG to Finland, Estonia, and the Baltic Sea Region. Illustration only; Courtesy of Excelerate Energy Under the time charter party agreement, Excelerate will deploy its Exemplar FSRU to provide
Canadian fertilizer company Nutrien is evaluating Geismar, Louisiana as the site to build the world’s largest clean ammonia facility producing 1.2 million tonnes of the fuel annually. Illustration only; Courtesy of Nutrien According to Nutrien, ammonia will be produced using innovative technology to achieve at least a 90 per cent
Port of Antwerp-Bruges and cleantech company CMB.TECH are preparing to soon welcome the Hydrotug, the first hydrogen-powered tugboat, which is part of an integral greening programme for the port’s fleet. Courtesy of CMB.TECH/Port of Antwerp-Bruges As disclosed, the first water launch of the Hydrotug at Armón Shipyards in Navia, Spain
Canada-based shipping group Seaspan Marine Transportation has recently announced that Seaspan ULC signed a contract for the construction of two 7600 cbm LNG bunker vessels, with the option for a third vessel. Photo: Seaspan Chinese shipbuilder CIMC Sinopacific Offshore & Engineering (CIMC SOE) has been awarded the contract to build
The U.S. Department of Energy (DOE) has announced $24.9 million in funding for six research and development projects to support the advancement of clean hydrogen for electricity generation. Illustration only; Courtesy of DoE DOE will partner with private companies to research advanced technology solutions that could make hydrogen a more
Copenhagen Infrastructure Partners (CIP) has unveiled plans to build an artificial island dedicated to large-scale production of green hydrogen from offshore wind in Denmark and has entered an agreement with Allianz Investment Management (AIM) to perform a feasibility study for a similar project in Germany. In Denmark, CIP is proposing
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have decreased by two vessels from last week, while the Henry Hub prices went up. Courtesy of Cheniere In the latest Short-Term Energy Outlook report for the week between 12 May and 18 May, EIA says 19 LNG
The global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use, a new report commissioned by the International Chamber of Shipping (ICS) has shown. The report named “Fuelling the Fourth Propulsion Revolution”, authored by professor Stefan Ulreich from