Germany and the United Arab Emirates (UAE) have entered into a new Energy Security and Industry Accelerator (ESIA) Agreement that will accelerate projects of joint interest between the two countries in energy security, decarbonisation and climate action. Bundesregierung/Denzel The agreement was signed by Sultan Ahmed Al Jaber, UAE Minister of
North American energy infrastructure company Kinder Morgan, Inc. (KMI) has closed on the sale of 25.5% equity interest out of its membership interest in Elba Liquefication Company (ELC), a joint venture owning ten modular liquefaction units in operation at Elba Island. Kinder Morgan sold its equity interest to an undisclosed
Canadian energy storage solutions provider Shift Clean Energy has announced its involvement in the first all-electric battery swapping vessel in the Port of Singapore. Courtesy of Shift Clean Energy The news was shared on 28 September 2022 at a keel laying ceremony, led by SeaTech Solutions International (SeaTech), Yinson GreenTech
Windcat Workboats, part of Compagnie Maritime Belge (CMB), together with its joint venture partners Thomas Services Maritimes (TSM) and FSR, has ordered six hydrogen-powered crew transfer vessels (CTVs) to be built by 2024. The new order follows the launch of the world’s first hydrogen-powered CTV, called Hydrocat 48, and its delivery
Malaysia’s national energy company Petronas has signed a memorandum of cooperation (MoC) with the Ministry of Economy, Trade and Industry of Japan (METI) as well as a memorandum of understanding (MoU) with Japan Bank for International Cooperation (JBIC). The parties signed the documents on 26 September 2022 on the sidelines
An LNG dual-fueled and ammonia fuel prepared very large crude carrier (VLCC), developed jointly by China Merchants Energy Shipping (CMES), TotalEnergies, Dalian Shipbuilding Industry (DSIC), and GTT has received approval from the Bureau Veritas classification society. Image courtesy: BV The approval in principle (AiP) was awarded at a JDP Delivery
Construction of the Hydromover, a fully-electric cargo vessel with swappable batteries, has officially been kick-started at today’s keel-laying ceremony at the shipyard of Lita Ocean Pte Ltd, Singapore. Image credit: Yinson The vessel was developed by Goal Zero Consortium partners. Green technology solutions provider Yinson Green Technologies spearheads the Hydromover’s
Norwegian energy giant Equinor and the US energy infrastructure company Tallgrass are exploring opportunities for the development of large-scale low-carbon hydrogen and ammonia projects in North America. The companies have signed a memorandum of understanding (MoU) to assess the production and market potential for hydrogen and ammonia and associated distribution
Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has completed a trial use of marine biofuel for the first time in its fleet. The trial was carried out on OOCL Yokohama, a 4578-TEU container vessel. The containership was fueled with 1999.3 metric tons of B22 marine biofuel provided
Over the past couple of years, the maritime industry stakeholders have stepped up their sustainability efforts by producing their ESG strategies and starting to publish their first sustainability reports. Over the board, the companies agree they need to decarbonize their operations at least by 2050, they need to create better