Athens-based Capital Ship Management Corp. (Capital) has taken delivery of the first of two ammonia and LNG fuel ready very large crude carriers. The 300,000 DWT newbuilding vessel M/T Amore Mio is an eco-type crude oil carrier fitted with a scrubber in compliance with the IMO 2020 sulphur cap. The
Vancouver and London-based green hydrogen company First Hydrogen has announced the expansion of its green hydrogen production plans to the North American market. Illustration only; Courtesy of UK gov’t The initial focus will be on Canada with its resources of renewable energy (hydropower, solar, and wind) that can be used
Houston-based oil and gas company Talos Energy has listed some of the benefits it expects the company will have if the Inflation Reduction Act of 2022 is approved. At the end of July 2022, U.S. Senator Joe Manchin and Senate Majority Leader Chuck Schumer revealed a decision to add climate provisions
Malaysian energy logistics group MISC Berhad and its consortium partners — shipping companies Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha (K-Line) and China LNG Shipping (Holdings) Limited (CLNG) — have been awarded long-term time charter contracts by Qatar’s state-owned oil and gas company QatarEnergy for seven newbuild liquefied natural
Austrian energy solutions company Innio and Bangkok-based power company B.Grimm Power have signed a deal to collaborate on building new LNG power plant projects in Thailand. Olaf Berlien, CEO of Innio, and Harald Link, chairman of the board of B.Grimm; Courtesy of Business Wire The parties signed a memorandum of
UK-based energy services and solutions provider Centrica has signed a deal with U.S. LNG export projects developer Delfin Midstream to buy LNG. Courtesy of Delfin LNG On 9 August, Centrica and Delfin Midstream announced the signing of a heads of agreement. Under the HOA, Centrica will purchase 1.0 million tonnes
Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition compared three scenarios in an investment
Japan’s oil and gas company Inpex has filed a $972 million claim against South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) related to the FPSO for the Ichthys field located offshore Australia. In a stock exchange filing last Friday, DSME said that Inpex’s claim of about $972 million to
A financial consortium led by Diplomatic Trade, Q Finance and ARC Capital has opened preliminary talks with Turkish officials for the establishment of foreign direct investment (FDI) in hydrogen fuel cell technology and projects supporting the implementation of hydrogen fuel cells, powering commercial shipping and other strategic uses. Illustration. Image
U.S. LNG operator Dominion Energy loaded the 300th commercial cargo at the Cove Point LNG terminal at the end of July. Courtesy of Dominion Energy Berkshire Hathaway’s unit BHE GT&S, the operator of the terminal, said on 4 August 2022 that the Cove Point LNG loaded its 300th commercial cargo at