Amid the current geopolitical crisis, resulting in tighter gas supplies, higher prices, and an uncertain outlook, the International Energy Agency (IEA) has looked into the ways producers in the Middle East and North Africa could free up more natural gas for export. Keeping energy security at the forefront, the IEA
Vattenfall has submitted a bid in the Hollandse Kust West offshore wind tender in the Netherlands. According to the details of the company’s plan, unveiled on 5 July, the project Vattenfall proposes to build would see Netherlands becoming the home of the world’s first offshore green hydrogen cluster. Vattenfall has
US energy infrastructure company New Fortress Energy (NFE) and compatriot alternative asset manager Apollo have entered into a definitive purchase and contribution agreement to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (JV) between funds managed by Apollo and NFE. The JV, formed in
Seeing liquefied natural gas (LNG) as a commercially viable fuel solution, Singapore-based shipping company Pacific International Lines (PIL) has placed an order for four 8,000 TEU LNG dual-fuel container vessels. Illustration. Courtesy of PIL On 5 July, the company said it awarded a contract to the Chinese shipyard Yangzijiang Shipbuilding for
Qatar’s state-owned oil and gas company QatarEnergy has selected Shell as a partner in the large North Field East LNG expansion project. Illustration only; Courtesy of Qatargas The North Field East LNG project will expand Qatar’s LNG export capacity from the current 77 million tons per annum (mtpa) to 110 mtpa. A
South Korean shipyard Hyundai Mipo Dockyard (HMD), part of Korea Shipbuilding & Offshore Engineering (KSOE), has received a contract for the construction of one liquefied petroleum gas (LPG) carrier. Illustration. LPG carrier built by Hyundai Mipo. Courtesy of HMD The order has a value of KRW 182.1 billion (about $140
Singapore-based shipowner Eastern Pacific Shipping has taken delivery of what is said to be the world’s first liquefied natural gas (LNG) dual-fuel Suezmax tanker – the 157,300 dwt Greenway. Greenway. Courtesy of Guangzhou Shipyard International The 274-metre vessel was built at Guangzhou Shipyard International, part of China State Shipbuilding Corporation.
Lithuanian LNG terminal operator Klaipedos Nafta (KN) has marked the 300th ship-to-ship LNG transfer of the FSRU Independence. Courtesy of Klaipedos Nafta On 4 July, KN said in a social media statement that it marked the 300th STS operation at Klaipėda LNG Terminal since the terminal’s launch in 2014 The
Shipping joint venture Proman Stena Bulk has accepted delivery of the second methanol-powered newbuild tanker, Stena Pro Marine. Courtesy of Proman Stena Bulk The announcement follows the last month’s delivery of the first of six 49,900 dwt methanol-powered dual-fuel medium-range vessels, Stena Pro Patria. Both IMOIIMeMAX dual-fuel mid-range (MR) tankers
Singapore-based shipbuilder Sembcorp Marine has handed over the second of three identical battery-operated roll-on/roll-off passenger (RoPax) ferries to Norwegian ferry operator Norled AS. Photo: SCM Built based on the proprietary design of Sembcorp Marine’s wholly-owned subsidiary, LMG Marin AS, the zero-emission vessel will be capable of operating at a service