MOL President & CEO Takeshi Hashimoto; Image credit MOL Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s address. “Disruptions in supply chains, soaring energy and grain
Image courtesy Scandlines Scandlines’ new zero-emission ferry is starting to take shape at the Cemre shipyard in Turkey. Danish ferry operator said in an update that two-thirds of the steel plates have now been cut at the shipyard, adding that the ferry currently consists of eight sections which have already
German RWE and Norwegian Equinor have entered a strategic energy partnership that includes large-scale projects that are expected to contribute to the European energy supply, ramp up the hydrogen economy in Germany and the EU, and strengthen the long-term security of the supply of a European power sector. Courtesy of
Pilbara Clean Fuels (PCF) has teamed up with Oceania Marine Energy on the provision of low-carbon footprint LNG production and marine bunkering capability at Port Hedland, Western Australia. PCF is pursuing the development of an electrified liquefied natural gas (eLNG) plant in Port Hedland, world’s largest iron ore export port,
In a bid to scale up its decarbonisation efforts by 2030, the UAE’s energy giant, Abu Dhabi National Oil Company (ADNOC), has hammered out a multi-year action plan and allocated $15 billion for low-carbon projects, covering carbon capture and storage (CCS), electrification, new CO2 absorption technology, hydrogen and renewables. ADNOC revealed
The first of eight robotic vessels that will form part of Ocean Infinity’s high-tech Armada fleet has arrived in Norway for equipment installation. Source: Ocean Infinity/ Screenshot The vessel, built by Vard Vung Tau in Vietnam, arrived at Vard Søviknes for remote system outfitting and payload equipment installation. According to
Image credit DNV DNV and the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bulk charterers, have launched a feasibility study to develop a commercial framework for orders of green-fuelled newbuilds to decarbonize the sea transport supply chain in the Baltic and North Sea areas and beyond. With this
Japanese shipping major NYK Line and its partners Nihon Shipyard (NSY) and IHI Corporation (IHI) have received Approval in Principle (AiP) from the classification society ClassNK for an ammonia floating storage and regasification barge (A-FSRB). Illustration / Courtesy of NYK Line The companies and ClassNK, which was in charge of
Norwegian fertilizer company Yara International has revealed plans to modify its ammonia terminals in Germany, enabling them to handle up to 3 million tons of ammonia. According to Yara, this equates to roughly 530,000 tons of hydrogen and will help speed up the hydrogen economy in Germany. The company operates two deep-sea