Eight Baltic Sea countries that yesterday agreed to build sevenfold the offshore wind capacity currently installed in the Baltic Sea by 2030 have outlined their joint path to minimising the reliance on Russian fossil fuels. Along with the offshore wind buildout, the leaders of the eight countries will also cooperate
ZIM inks $1 billion LNG bunkering deal with Shell
Israeli container shipping company ZIM has signed a ten-year marine liquefied natural gas (LNG) sales and purchase agreement with Shell, valued at more than $1 billion. The LNG is intended for ten LNG-fueled vessels that will be deployed on ZIM’s flagship ZIM Container Service Pacific (ZCP), on the Asia to
Latvian government supports Skulte LNG terminal
The Latvian government has agreed to provide the object of national interest status to the Skulte LNG terminal, the LNG import terminal project in the Skulte Port area. Illustration only; Courtesy of Skulte LNG Terminal Skulte LNG Terminal will include a floating regasification unit (FRU) that will be located at
UK regulator grants Centrica the go-ahead for gas storage project
UK-based energy services and solutions provider Centrica has received the green light from the UK’s regulator North Sea Transition Authority (NSTA) for a gas storage project in the Southern North Sea. The NSTA revealed on Tuesday that it has granted the required approvals and consents to Centrica Offshore UK (COUK) for Phase
ABP, Air Products working on UK’s first large-scale green hydrogen facility
Associated British Ports (ABP) and industrial gases company Air Products have joined forces to bring the first large-scale green hydrogen facility to the Port of Immingham in the Humber, UK. The facility would import green ammonia from production locations operated by Air Products and its partners around the world. This would
New Proman Stena Bulk tankers complete South Korea’s 1st methanol bunkering
Shipping joint venture Proman Stena Bulk said that its two fully operational methanol-fuelled tankers have become the first vessels to bunker methanol in Ulsan, South Korea. Courtesy of Proman Stena Bulk Stena Pro Patria and Stena Pro Marine were each refuelled with over 2,000 tonnes of methanol during the bunkering
Mitsui invests $7 million in Norwegian Hydrogen
Japanese trading company Mitsui & Co. has invested invests NOK 70 million (around $7 million) in Norwegian Hydrogen, the company that will build and operate green hydrogen production sites in the Nordic region. Illustration only; Narvik Hydrogen AS; Courtesy of Norwegian Hydrogen Norway’s clean energy transportation company Hexagon Purus is
Wärtsilä propulsion for world’s largest aluminium catamaran powered by LNG
Finnish technology group Wärtsilä has been contracted to supply engines, waterjets, and fuel storage and supply system for a new high speed catamaran ferry powered by liquefied natural gas (LNG). Courtesy of Wartsila The vessel is being built at the Incat yard in Tasmania, Australia on behalf of Argentinian ferry
Avance Gas secures financing for last two newbuild dual-fuel VLGCs
Norwegian shipping company Avance Gas has raised long-term financing for the two last remaining liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) newbuildings. Illustration only; Courtesy of Avance Gas On 31 August 2022, Avance Gas revealed this information in its unaudited results for the second quarter of 2022.
KNOT welcomes 2nd LNG-fuelled shuttle tanker for Eni charter
Knutsen NYK Offshore Tankers (KNOT), a joint venture between Japanese shipping company NYK and Norway’s shipping company TS Shipping Invest, has taken delivery of its second dual-fuel LNG shuttle tanker. Courtesy of NYK Named Sindre Knutsen, the newbuilding was delivered at South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME)