German bank KfW IPEX-Bank has revealed it will provide financing in the amount of €30 million for compatriot shipping company TT-Line’s dual-fuel roll-on/roll-off passenger (RoPax) ferry. Credit: TT Line Dual-fuel RoPax ferry Nils Holgersson is one of two new green ships delivered to TT-Line in 2022. With a length of
US LNG company Sempra Infrastructure has finalised a long-term sale and purchase agreement with RWE Supply & Trading, a subsidiary of RWE, for the supply of liquefied natural gas (LNG) from its Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. Under the agreement, approximately 2.25 million tonnes
Excelerate Energy’s floating storage and regasification unit (FSRU) Exemplar has anchored in the deep harbour Inkoo, Finland, to serve the country’s first FSRU-based terminal. Finnish transmission system operator Gasgrid Finland confirmed the Exemplar’s arrival on 28 December stating that “the floating terminal vessel turned out to be the fastest and most
Clean Jacksonville, also known as North America’s first liquefied natural gas (LNG) bunker barge, has reached another milestone after completing its 300th bunkering. According to a social media update by US shipping company Tote Maritime, Clean Jacksonville conducted the 300th bunkering operation on 27 December. Courtesy of Tote Maritime Built
Container shipping major Maersk has launched the construction of its 16,200 TEU dual-fuel containerships that can run on green methanol. Namely, South Korean shipbuilder Hyundai Heavy Industries hosted a steel-cutting ceremony for what is believed to be the first vessel from the series on November 28, 2022, based on a
NEOM Green Hydrogen Company, a joint venture created by ACWA Power, Air Products and NEOM, has awarded an engineering, procurement and construction (EPC) contract to Indian Larsen & Toubro (L&T) for the planned mega green hydrogen plant in Saudi Arabia. On 22 December, NGHC announced that the contract was signed
South Korea’s defense and energy conglomerate Hanwha Group is reportedly looking to acquire a controlling share in compatriot marine engine maker STX Heavy Industries. Hanwha has set sights on buying a 47.81 percent share in the company from a local equity firm Pinetree Partners worth an estimated KRW 100 billion
Due to increases in the liquefied natural gas (LNG) fuel costs and a “non-sustainable financial situation”, Norwegian ferry company Fjord Line has decided to rebuild its two ships from LNG-only engines to dual-fuel LNG / marine gas oil (MGO) engines. “The energy crisis, caused by the Russian invasion of Ukraine,
Chinese energy company ENN LNG has decided to purchase additional volumes of liquefied natural gas (LNG) from NextDecade’s Rio Grande LNG export project in Brownsville, Texas. Earlier this year, the companies signed a 20-year sale and purchase agreement under which Enn committed to buying 1.5 million metric tonnes per annum (mtpa) of LNG.
TC Energy-led Coastal GasLink has set a strong foundation for the next and final year of construction, with the project achieving more than 80% its completion. Courtesy of Coastal GasLink The Coastal GasLink team said that among many achievements, the most notable ones include the 100% pipe installation in Sections