Japanese companies Idemitsu Kosan, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have come together for a joint study for implementing carbon dioxide capture, utilisation, and storage (CCUS) in the Tomakomai area of Hokkaido, Japan, leveraging each company’s business sites and capabilities. The three companies will proceed with specific
Helsinki Shipyard floats out hybrid diesel-electric expedition ship
Finnish shipbuilder Helsinki Shipyard has floated out a hybrid diesel-electric expedition ship SH Diana being built for Swan Hellenic. SH Diana’s fitting out is already underway, as the vessel readies for its maiden cruise, leaving Palermo in Italy for Lisbon in Portugal on 15 April. Diana will then make its
Massive LNG-fueled bulker begins voyage with its first cargo for Anglo American, cutting emissions by up to 35%
Ubuntu Harmony, a recently launched LNG dual-fueled Capesize+ bulk carrier, has been loaded with its first cargo of iron ore, according to UK-based mining company Anglo American, which charters the vessels from Taiwanese bulk carrier company U-Ming Marine. The 190,000 dwt vessel loaded its first cargo of iron ore from Kumba
Natural gas and hydrogen storage ‘fundamental’ to tackling energy crisis and decarbonisation
A meeting, held between the UK’s Minister of State for Energy and Climate and the chief executive of UK Oil & Gas (UKOG) and its wholly owned subsidiary UK Energy Storage (UKEn), highlighted the importance of ramping up energy storage infrastructure while showcasing the ties that bind natural gas and hydrogen,
Sakhalin Energy exceeds its 2022 targets
Russian LNG producer Sakhalin Energy has surpassed its 2022 targets, producing about 11.5 million tonnes of LNG and 3.7 million tonnes of Sakhalin blend oil. Courtesy of Sakhalin Energy According to the company, all products were delivered to the buyers on time in full compliance with the SPA terms. The
Karpowership to help ease Ukraine’s energy crisis via floating power stations
Turkey’s floating power plant company Karpower International (Karpowership) has signed a memorandum of understanding (MoU) with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and accelerate the use of floating power stations to alleviate the nation’s energy crisis. Courtesy of Karpowership The parties agreed to work alongside
MPC Container Ships to buy sustainable marine diesel from INERATEC
Norwegian container tonnage provider MPC Container Ships has signed an offtake agreement with German e-fuels supplier INERATEC for synthetic marine diesel oil (MDO) made from biogenic CO2 and renewable hydrogen. According to MPC Container Ships, this is the industry’s first agreement for the supply of synthetic MDO. The delivery is set
Four Japanese majors team up on CCS value chain study utilizing ship transportation
Japanese heavyweights ITOCHU Corporation, Mitsubishi Heavy Industries, INPEX Corporation and Taisei Corporation have joined hands to conduct a joint feasibility study on a large-scale and wide-area carbon capture and storage (CCS) value chain project. Under the Memorandum of Understanding (MoU), the four companies will look into launching a joint project
Australian giant sets its sights on sanctioning and commissioning several energy projects this year
A deep dive into Woodside’s recent activities related to ongoing projects and financial and operational results for 4Q 2022. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to miss out on any
MSC linked to massive order for 10 LNG-powered boxships
Geneva-based container shipping major MSC has reportedly returned to yards with a mammoth order comprising ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Changhong International Shipyard is believed to have won