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TT-Line gets financial boost for its dual-fuel RoPax ferry

29 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

RWE and Sempra firm up 2.25 mtpa Port Arthur LNG deal

28 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

Finland’s first FSRU anchors in Port of Inkoo

28 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

North America’s first LNG bunker barge completes 300th bunkering op

28 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

Steel cut for Maersk’s 16,200 TEU methanol-fuelled boxship

28 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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 project wraps up 2022 with ‘important milestone’

28 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

Report: Hanwha, KSOE eye controlling stake in STX Heavy Industries

28 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

ENN buying more LNG from NextDecade’s Rio Grande project

27 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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.

Coastal GasLink finishes the year with construction milestones

27 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

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