Germany-based multipurpose shipping company United Heavy Lift (UHL) prefers methanol as marine fuel for its future fleet of vessels, Andreas Rolner, Managing Director of the company revealed in the HANSA podcast. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue …
Norway invests NOK 200 million ($22.41m) in HYDROGENi, a new center for energy research dedicated to hydrogen and ammonia, that is to help the energy transition. Courtesy of SINTEF On 11 March 2022, the Norwegian minister of energy announced this Research Council of Norway’s investment. This eight-year center has over …
British energy major BP has signed an agreement with Aberdeen City Council for a green hydrogen hub development. This embedded content is only visible after accepting cookies. Change your preferences [embedded content] The parties thus formed a joint venture partnership. The JV is to deliver a green hydrogen production, storage, and distribution …
The Dutch Porthos Offshore Transport and Storage has issued a tender for the installation of about 20 kilometers of offshore pipeline for what will be one of the largest carbon capture and storage (CCS) projects in the world. Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) will transport …
The newly formed company CoolCo has wrapped four of eight LNG carrier acquisitions from Bermuda-based shipper Golar LNG. Courtesy of Golar LNG At the end of last year, Golar LNG said it will separate eight of its TFDE LNG carriers into the new company called Cool Company. In addition to Golar LNG, …
Maritime industry market intelligence provider VesselsValue says the Ukraine crisis distracts from bigger trends in the seaborne LNG market. Courtesy of VesselsValue Senior trade analyst Vivek Srivastava explored the rise in global gas prices amidst the Russian invasion of Ukraine. Using VesselsValue, he provided insight into the foreseeable future of …
Classification society Bureau Veritas (BV) granted approval in principle (AiP) to Marine Service and Newport Shipping for a jointly developed containerized LNG solution. Courtesy of Newport Shipping The 40′ ISO LNG fuel tank container system is suitable for LNG-fueled newbuilds and retrofits of container vessels. It is a class-approved Type …
The U.S. Energy Information Administration (EIA) reports that LNG exports are down by one LNG carrier this week from last week. Courtesy of Cheniere According to the latest Short-Term Energy Outlook from EIA, U.S. LNG exports decreased by one vessel for the period between 3 March and 9 March 2022 compared to …
Six Japanese companies have decided to form a strategic alliance aimed at reducing environmental impact through the development of the country’s first methanol-fueled tanker. The alliance partners are shipping company Mitsui O.S.K. Lines (MOL), marine transport services company MOL Coastal Shipping, ocean shipping services firm Tabuchi Kaiun, marine transport services …
Danish container shipping and logistics giant Maersk has entered several strategic partnerships to secure green fuel supply for its fleet of twelve new methanol-powered vessels. Photo: Maersk The company intends to source at least 730,000 tonnes/year by end of 2025. The deals have been inked with Danish power company Ørsted, …