The Japan Bank for International Cooperation (JBIC) signed an agreement for equity participation in the Clean H2 Infra Fund of France, managed by Hy24. Illustration only; Courtesy of Business Wire The Clean H2 Infra is targeting EUR 1.5 billion ($1.63 b). JBIC plans to invest up to $108 million in
Hyundai Samho orders LNG tank design from GTT
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design for a new LNG carrier from French LNG containment specialist GTT. Courtesy of GTT Hyundai Samho Heavy Industries is constructing the new 174,000 cubic metres liquified natural gas carrier. It will deliver the vessel in the third quarter
Breeze to design ammonia-fueled oil tanker
Norwegian ship design company Breeze Ship Design will design an ammonia-powered oil tanker as part of the Norway-backed Green Shipping Program (GSP). Photo: Breeze Ship Design As informed, the Breeze design will be based on an existing 110,000 dwt Aframax vessel. Currently, Breeze is engaged in several projects for the
RINA, 5M Renewables to develop floating green hydrogen production vessel
Italian classification society RINA has signed a memorandum of understanding (MoU) with marine systems provider 5M Renewables for the collaboration on the concept development for the floating green hydrogen production vessel. The collaboration on the concept named Thessalonica Hydroship is expected to contribute to the decarbonisation efforts of the marine
Cheniere and Bechtel ink Corpus Christi Stage 3 EPC contract
U.S. LNG export project developer Cheniere Energy has entered into an engineering, procurement and construction (EPC) contract with LNG project manager Bechtel for its Corpus Christi Stage 3 project. Courtesy of Cheniere In addition, CCL Stage 3 has released Bechtel to start early engineering, procurement, and other site work at
Havyard to convert Norled’s diesel ferry to electric operation
Norwegian ferry operator Norled has contracted compatriot shipyard Havyard Leirvik to convert its MF Ibestad ferry to electric operation with hybrid capacity in line with the green shift. Under the contract, MF Ibestad will be rebuilt from diesel-mechanical propulsion to electric propulsion with battery and charging from land. According to
New Zealand’s 1st fully electric ferry wraps up inaugural round trip
The southern hemisphere’s first fully electric, carbon fibre commuter ferry has successfully completed its inaugural round trip with a Thordon seawater lubricated propeller shaft arrangement supplied by New Zealand’s Henley Engineering. Ika Rere joined the East by West fleet in December operating the company’s Wellington to Eastbourne route. Auckland based
LNG-fueled cruise ship Costa Toscana starts maiden voyage
Carnival’s Italian brand Costa Cruises says its second LNG-fueled cruise ship Costa Toscana has started its maiden voyage from Italy. Courtesy of Costa Cruises Costa Toscana is the latest-generation ship fueled by liquified natural gas. The 185,000 GT cruise ship passed seas trials in October 2021. In December, the Finnish shipyard
India’s first FSRU arrives at H-Energy’s Jaigarh terminal
India’s first floating storage and regasification unit (FSRU) Höegh Giant has arrived at H-Energy’s Jaigarh terminal in Maharashtra ahead of its commissioning in the coming weeks. According to the Indian natural gas company H-Energy, the Höegh Giant arrived on 1 March 2022 marking a ‘historic moment’ and emphasising the company’s
Russia welcomes 1st dual-fuel ice-strengthened ferry
Russia has welcomed a new dual-fuel ferry in a flag-raising ceremony that took place in the seaport of Ust-Luga in the Leningrad region on 4 March 2022. Ministry of Transport of the Russian Federation Ministry of Transport of the Russian Federation Ministry of Transport of the Russian Federation Ministry of