British engineering services company Babcock has partnered with South Korean shipbuilders Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) to develop liquefied CO2 carrier designs to service a growing demand for this kind of vessel. As informed, Babcock’s LGE business will design the cargo handling system for a range
With the fuel transition underway, the shipping industry will need massive onboard technology investments ranging between $8 to $28 billion per year between 2022 and 2050 to reach full net-zero goals, a forecast released by the classification society DNV reports. DNV released its sixth maritime forecast during SMM, an international
Greek company Gastrade has awarded engineering company Rina and engineering consultancy Asprofos a contract to provide project management consultancy (PMC) services for the Alexandroupolis FSRU. Courtesy of Gastrade Gastrade launched the floating storage regasification unit (FSRU) project in Alexandroupolis, Greece, back in May. Greek LNG shipper GasLog holds a 20 per
Carbon capture and storage (CCS) has emerged as an important pathway to contribute to the global carbon dioxide (CO2) reduction goals and support energy transition efforts. In parallel, this has given the shipping and shipbuilding segments the opportunity to shine. Premium content Checking for account. You need javascript to validate
Norway’s H2Carrier and Statkraft have entered into a Memorandum of Understanding regarding a study for the possible use of H2Carrier’s green ammonia floating production vessel, the P2XFloater™, on certain offshore wind locations. The P2XFloater™ will utilize renewable power to produce green hydrogen and green ammonia which in turn can be
Swedish sustainable solutions provider Alfa Laval has received approval for testing with ammonia at its Test & Training Centre. Alfa Laval Test & Training Centre. Courtesy of Alfa Laval The Alfa Laval Test & Training Centre will soon begin testing with ammonia. Just as it has for LNG, biofuels, and
Samsung Heavy Industries (SHI) has secured approval in principle from the compatriot classification society Korean Register (KR) for the design of an ammonia-fuel ready very large gas carrier (VLGC). The VLGC will be capable of using ammonia as a fuel as well as carrying it as bulk cargo. The design,
Dutch Gate terminal, a joint venture of Vopak and Gasunie, has launched an open season to gauge market interest in an additional capacity of four billion cubic metres per year (bcma). Courtesy of GATE Operational since 2011, the Gate terminal’s initial capacity amounts to 12 bcma and can in the
The world’s largest shipbuilders are tapping into the surging demand for LNG carriers. South Korea’s Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering Co (DSME) revealed today a combined order for 11 LNG carriers worth approximately $2.35 billion. DSME said on Tuesday that it had won an order
Africa-focused energy company Chariot and Paris-based Total Eren will launch feasibility studies to co-develop the Nour Project, a large-scale green hydrogen project in Mauritania. Illustration only; Courtesy of Total Eren The two companies formed a consortium for this purpose; an equally owned partnership between Chariot and Total Eren. According to the