MT Alter Ego; Image by Capital Ship Management Athens-based Capital Ship Management Corp. has welcomed into the fleet M/T ‘Alterego’, a second of two ammonia and LNG fuel-ready sister ships delivered in 2022. The 300,000 dwt, eco-type crude oil, scrubber-fitted VLCC tanker was built by Hyundai Samho Heavy Industries, South
Saudi oil and gas giant Saudi Aramco has created a $1.5 billion sustainability fund to encourage investment in technology needed to support “a stable and inclusive” energy transition. Aramco disclosed the creation of “one of the world’s largest sustainability-focused venture capital funds” on Wednesday at the sixth edition of the
Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Maritime has revealed that its heavy lift vessel (HLV) Jumbo Jubilee has completed a transatlantic voyage to and around the USA powered mostly with biofuel. As informed, the vessel bunkered the biofuels at the Port of Rotterdam. It had loaded three Liebherr cranes onboard before
Image by the Port of Amsterdam The Port of Amsterdam has signed a Memorandum of Understanding (MoU) with tank storage company Evos and liquid organic hydrogen carriers (LOHC) market-leading pioneer Hydrogenious to develop large-scale import facilities for hydrogen at the port of Amsterdam. The facilities will comprise a LOHC dehydrogenation plant with a
French and Belgian energy infrastructure operators GRTgaz and Fluxys Belgium have decided to launch a feasibility study for the cross-border hydrogen transmission network, following a market call that raised interest from 17 companies. GRTgaz and Fluxys Belgium conducted consultations in France and Belgium in 2021-2022 to assess the hydrogen transmission
Switzerland-based engine developer WinGD has been selected to provide dual-fuel engines to power QatarEnergy’s LNG carrier newbuilds. WinGD’s latest generation of X72DF-2.1 engines will power 25 vessels as part of QatarEnergy’s North Field East (NFE) project, the biggest LNG carrier newbuilding project in history. Back in 2020, Qatar Petroleum, now renamed
China’s shipbuilder Hudong-Zhonghua Shipbuilding has held a naming and delivery ceremony for the first of three LNG carriers the company is building for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). Credit: Hudong-Zhonghua Shipbuilding The delivery ceremony took place at Changxing No. 0 Base Terminal on 25
Singapore-based energy solutions provider Sembcorp Industries has formed strategic partnerships with the Japanese government and various corporations to progress hydrogen and other decarbonisation initiatives. Courtesy of Sembcorp Industries The collaborations were signed on 25 October on the sidelines of the Singapore International Energy Week and will enable Semcorp to access
Credit: Odfjell The discussion around the decarbonization of the shipping industry is moving into a new stage and the issue is no longer around whether to decarbonize, but rather how to decarbonize the sector as efficiently and sustainably as possible. The industry stakeholders know that they would need to transition
Chinese shipbuilding company Yangzijiang Shipbuilding has signed a contract for two 175,000 cbm liquefied natural gas (LNG) carriers. The contract, which is the company’s first in the LNG carrier newbuilding market, was signed with undisclosed European shipowners. Two LNG carriers will be built by Yangzi Xinfu Shipbuilding, a subsidiary of