Owners of vessels burning methane-based fuels such as LNG are not likely to pursue investments in methane emission reduction technologies without strong incentives or regulatory requirements, a study from Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) says. The study provides an overview of methane emission sources and levels
Hy24, the joint venture between FiveT Hydrogen and Ardian, has announced the closing of its first hydrogen impact fund – Clean H2 Infra Fund – at €2 billion of allocations, exceeding its initial ambitions. Launched a year ago, the fund is said to be the world’s first and largest infrastructure
French green and renewable hydrogen producer Lhyfe has formed a strategic partnership with compatriot engineering firm Gaussin to accelerate the development of hydrogen mobility at port, airport and logistics sites. The parties have signed a memorandum of understanding (MoU) to study the possibility of developing a comprehensive renewable mobility solution combining
French LNG containment specialist GTT has signed technical assistance and license agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry Holdings (CMI). The agreement will enable the shipbuilder to construct vessels using GTT’s membrane technologies. GTT and CMI have been collaborating for a decade, with the first
Image credit: Veer Corporation Veer Corporation, registered in the Bahamas, has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its project aimed at building the world’s first fleet of 100% clean, ocean-going container vessels. “Receiving this AIP from a recognized organization such as ABS sets
Qatargas, a liquefied natural gas (LNG) production unit of state-owned QatarEnergy, has delivered a commissioning LNG cargo to China’s newest LNG terminal, the Jiangsu-Binhai LNG terminal, owned and operated by China National Offshore Oil Corporation (CNOOC). Courtesy of Qatargas The cargo was loaded in Ras Laffan on 10 September on
MidOcean Energy, an LNG company formed and managed by energy and infrastructure investor EIG, has entered into a definitive agreement to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects. Under the terms of the agreement, MidOcean will acquire Tokyo Gas’ interests in Gorgon LNG, Ichthys
The Netherlands-based engineering company, KCI, and Belgian manufacturer of offshore wind substructures, Smulders, have entered into collaboration on offshore green hydrogen production platforms. The two companies have teamed up to offer end-to-end solutions for the offshore hydrogen market and will act as an EPCI contractor on offshore and off-grid hydrogen
Industrial gas supplier Air Products has revealed plans to invest approximately $500 million to build, own and operate a 35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, New York. The company’s plans also include liquid hydrogen distribution and dispensing operations with
The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different technology available, the