Japanese shipping company Mitsui O.S.K. Lines (MOL) plans to deploy about 110 net zero emission oceangoing vessels by 2035. MOL’s LNG fueled ferry that is slated for delivery in 2025. Courtesy of MOL The first zero-emission ships are expected to be put in operation already in the 2020s. As part
ADNOC Logistics & Services, the shipping and maritime logistics arm of the Abu Dhabi National Oil Company, will add two 175,000 cbm LNG carriers to its fleet in 2025. Illustration; Courtesy of ADNOC On 12 April, ADNOC L&S said in a statement it signed a shipbuilding contract for the construction
Indian cryogenic equipment company INOXCVA has won a design and engineering contract by Caribbean LNG for a mini LNG receiving and regasification terminal in Antigua. Courtesy of INOXCVA Caribbean LNG is a joint venture between Eagle LNG Partners and Antigua Power Company (APC). The parties formed the JV specifically for
For the first time in Japan, shipping company Nippon Yusen Kabushiki Kaisha (NYK) and its affiliate Sanyo Kaiji Kabushiki Kaisha have begun test navigation using biodiesel in tugboats supplied via ship-to-ship bunkering at the Port of Nagoya. As disclosed, the continuous three-month test navigation is being carried out in tugboats
Swedish-Swiss technology company ABB has been selected by Japan’s IHI Power Systems to deliver complete modularized electric propulsion package for the world’s first hybrid-electric biomass fuel carrier. Initiated by Japanese shipping consortium e5 Lab Inc., the ROBOSHIP vessel supports Japan’s ambitions for net-zero greenhouse gas emissions by 2050. The consortium,
Japanese shipping company Mitsui O.S.K. Lines (MOL), its unit MOL Chemical Tankers (MOLCT), Singapore-based commodity trading company Trafigura and its vessel fuel supply joint-venture company TFG Marine have signed a memorandum of understanding (MOU). As informed, the MOU is for a joint study on the full-scale supply of biodiesel fuel
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has secured a contract with the compatriot shipping company Nippon Yusen Kabushiki Kaisha (NYK) for the construction of a liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier powered by LPG fuel. Source: Kawasaki Heavy Industries This is the third LPG/NH3 carrier for
U.S.-based LNG specialist Excelerate Energy has entered into a senior secured revolving credit facility that enables it to borrow up to $350 million over a three-year term. Courtesy of Excelerate Energy In a statement, Excelerate said it entered into this credit facility with Excelerate Energy Limited Partnership. The three-year term
Boskalis is currently in process of designing a low-carbon dredging vessel – the Cablehopper, in partnership with Rijkswaterstaat. According to the Papendrecht based dredging giant, the vessel’s tasks will include maintenance and beach replenishment operations along the Dutch coastline. “Innovative propulsion, a slow sailing speed and optimized suction production mean that
Partners in several North Sea fields have reaffirmed their commitments to export the oil produced from their fields to the Repsol Sinopec Resources-operated Flotta Terminal in Scotland. Meanwhile, an area of the terminal is considered for the creation of a green hydrogen hub powered by offshore wind. Repsol Sinopec Resources