Global liquefied natural gas (LNG) logistics company Atlantic Gulf & Pacific (AG&P) has completed the conversion of the ISH, a 137,512 cbm LNG carrier, into a floating storage unit (FSU) for the first Philippines LNG import terminal (PHLNG). AG&P said that its subsidiary GAS Entec completed the conversion to an
UK-headquartered energy giant Shell has recorded higher profits in the third quarter of 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets. Shell disclosed on Thursday that the income attributable to its shareholders in the third quarter of 2022 totalled $6.7 billion compared
American energy company Invenergy has reached commercial operations at the Energía del Pacífico (EDP) LNG-to-power project, located at the Port of Acajutla in El Salvador. Courtesy of Invenergy According to Invenergy, the completion of EDP is a major uplift in electric reliability and lower emissions through natural gas supply to
This embedded content is only visible after accepting cookies. Change your preferences [embedded content] Sri Lanka-based shipbuilder Colombo Dockyard has delivered M/V Misje Vita to Norwegian shipowner Misje Eco Bulk AS, part of Kåre Misje & Co. The delivery comes on the back of numerous challenges caused by the pandemic,
Dutch biofuels provider GoodFuels has joined hands with global certification organisation Control Union and France’s IDS Group to test the effectiveness of an isotopic tracer for marine biofuels. The partnership, which commenced in early 2022, has seen the companies collaborate to create the new tracer, which can be added to marine fuels
Hamina liquefied natural gas (LNG) terminal, the first LNG import terminal in Finland connected to the transmission network, has received the first commercial LNG carrier. Courtesy of Alexela On 22 October, an LNG cargo ordered by the Estonian energy company Alexela from the Zeebrugge LNG terminal in Belgium arrived at
The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years. Illustration (Courtesy of the European Commission/Photo by Mauro Bottaro) The additional funds from the EIB Group will be directed to renewables, energy
Credit: Yokohama Kawasaki Port Corp (YKIP) French container shipping major CMA CGM is moving its operations to a larger terminal at the Port of Yokohama, set to be equipped with shore power and LNG bunkering infrastructure. The move was announced by the Yokohama Kawasaki Port Corp (YKIP) saying that CMA CGM
JERA Asia, a subsidiary of Japanese energy giant JERA, has revealed its plans for collaboration with IHI Asia Pacific to explore potential ways to expand the use of ammonia in Malaysia’s energy sector. JERA and IHI signed a memorandum of understanding (MoU) which states that the parties will jointly study
French LNG containment specialist GTT has received two approvals in principle (AiP) from classification societies DNV and Bureau Veritas (BV) for its three-tank LNG tanker design. According to GTT, the technological solution aims to increase the profitability and overall performance of the vessel. The three-tank LNG carrier concept permits a