NYK starts operating hydrogen fuel-cell ready cranes
Japanese industry major NYK Line and compatriot UNI-X NCT have started operating four new transfer cranes at the NYK Tokyo Container Terminal (NYTT). The cranes, developed by Mitsui E & S Machinery, are based, and each comes equipped with a downsized diesel engine that reduces carbon dioxide (CO2) emissions and
Yang Ming invites bids for 5 LNG-powered boxships
Taiwanese shipping company Yang Ming Marine Transport Corporation has opened an international tender for the procurement of five LNG dual-fuel 15,000 TEU-class container carriers. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to
U.S. energy bill wins over environmentalists but not oil & gas lobby
After President Biden signed into law a new energy bill, which contains climate provisions, describing it as “a big deal,” both the oil and gas industry and environmental groups found grounds to complain. However, the latter still celebrated the new bill while the former claims this bill does not address
Crowley bags subcontract for hybrid-electric ferry
Florida-based marine company Crowley has been selected by Senesco Marine shipyard from Rhode Island to provide design verification and production packaging for a hybrid-electric passenger vehicle ferry for Casco Bay Lines of Portland, Maine. Under the contract, Crowley will use its development experience in electric and hybrid propulsion systems to verify
NFE, Apollo complete $2B LNG maritime joint venture
US energy company New Fortress Energy (NFE) and compatriot alternative asset manager Apollo have completed the previously announced joint venture, establishing a platform that now owns and operates eleven liquefied natural gas (LNG) infrastructure vessels. Illustration only; Courtesy of New Fortress Energy The vessel portfolio comprises six floating storage and
Hy2gen, Technip Energies want to produce renewable fuels for maritime use
Germany-based green hydrogen production company Hy2gen and French engineering and technology company for the energy industry Technip Energies are launching the feasibility studies phase for the Hynovera project, which aims to produce renewable fuels for aviation and maritime use on an industrial scale. To this end, Hy2gen AG has commissioned
Germany secures LNG supply via chartered FSRUs
Germany has formally confirmed its intention to have liquefied natural gas (LNG) terminals in Brunsbüttel und Wilhelmshaven ready at the turn of the year 2022/2023. On 16 August 2022, Robert Habeck, Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action signed a memorandum of understanding (MoU) with local energy
Indonesia has potential to become bunkering hub for zero-emission fuels
Indonesia has the potential to become an international producer and bunkering hub for scalable zero-emission fuels (SZEF) such as green hydrogen and green ammonia, a new report from the Global Maritime Forum shows. Namely, Indonesia is estimated to have roughly 40% of the world’s reserves of geothermal energy resources. The
IEEFA: High LNG prices affect demand growth in Asia
Sustained high prices over the past year have eroded the economic case for liquefied natural gas (LNG) and hurt LNG sales in key Asian markets, a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA) shows. India’s first FSRU Höegh Giant at H-Energy’s Jaigarh terminal. Courtesy of