Indonesia has the potential to become an international producer and bunkering hub for scalable zero-emission fuels (SZEF) such as green hydrogen and green ammonia, a new report from the Global Maritime Forum shows. Namely, Indonesia is estimated to have roughly 40% of the world’s reserves of geothermal energy resources. The
Sustained high prices over the past year have eroded the economic case for liquefied natural gas (LNG) and hurt LNG sales in key Asian markets, a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA) shows. India’s first FSRU Höegh Giant at H-Energy’s Jaigarh terminal. Courtesy of
Singapore-based shipyard group PaxOcean Engineering has signed a memorandum of understanding (MOU) with compatriot bunker vessel operator Hong Lam Marine and French classification society Bureau Veritas (BV) to jointly develop an ammonia bunker vessel design. Courtesy of BV, PaxOcean and Hong Lam Marine With the signing of this MOU, PaxOcean
Dutch marine biofuels provider GoodFuels has supplied sustainable marine biofuel to NYK’s bulk carrier MV Frontier Explorer, in the first such delivery to a maritime client since the company opened its Singapore office. Courtesy of GoodFuels MV Frontier Explorer was refuelled with biofuel in a blend with very low sulphur
Rendered image of the Vinga vessel series/Source: Furetank Swedish Furetank AB and Canadian Algoma Central Corporation are entering into a joint venture agreement to build four dual-fuel product tankers intended to trade in Northern Europe. Each company will own 50% of the joint venture, which will be named FureBear. The vessels will
U.S. oilfield services provider McDermott International has been awarded a preliminary Front-End Engineering Design (pre-FEED) contract from Australian energy producer Woodside Energy for the proposed H2Perth project located in the Kwinana/Rockingham area in Western Australia. Under the contract scope, McDermott will provide pre-FEED services for a proposed export-scale production facility for
This embedded content is only visible after accepting cookies. Change your preferences [embedded content] The multi-fuel future in the shipping industry is here with pioneering vessels fitted with hybrid technological solutions starting to ‘strut their stuff’ across global ports. One such example is the 2022-built deep sea car carrier MV
As sanctions imposed on Russia lead to supply and price shocks, the UK’s representative body for the offshore energy industry, Offshore Energies UK (OEUK), has urged the government to prioritise domestic energy production to protect consumers from these ramifications. Offshore Energies UK – former Oil & Gas UK (OGUK) – issued its statement on
Alfa Laval has secured a contract to provide low-flashpoint fuel supply system (LFSS) on six dual-fuel container vessels. The contract represents the company’s largest methanol order this year. The Alfa Laval FCM Methanol system will be installed on six 1170 TEU container vessels ordered by Eastaway, a member of the
India’s first indigenously built hydrogen-fuelled electric vessel is planned to be delivered by March/April 2023, Asian News International (ANI) reported, citing Madhu S Nair, Chairman and Managing Director of Cochin Shipyard Limited (CSL). Back in April this year, the country’s Ministry of Ports, Shipping and Waterways announced the innovative project,