Qatar Gas Transport Company (Nakilat) and its subsidiaries have achieved a consolidated net profit of QAR 1,439 million ($395.3 million) in the fiscal year 2022, a significant increase of 6.3%, as compared to QAR 1,354 million ($372 million) in 2021. Courtesy of Nakilat It also achieved revenues of QAR 4,401
Dutch energy infrastructure firm Gasunie has decided to continue exploring further options for expanding existing capacity at Eemshaven and Gate terminals instead of adding a new floating LNG terminal in the port of Terneuzen which proved to be unfeasible in the short term. The move is part of Gasunie’s ongoing
Image credit: COSCO Shipping China’s shipping heavyweights COSCO Shipping Corporation Limited and COSCO Shipping Development have spearheaded the establishment of the China Electric Ship Innovation Alliance. The founding members represent over 80 companies from various industries including electric-powered propulsion, vessel design and construction, port and terminal operation, science institutions, electric-power
German energy company RWE and global logistics company VTG have signed a Memorandum of Understanding (MoU) to jointly develop a logistics concept for supplying customers with ammonia. Courtesy of VTG and RWE It includes exploring delivery routes and determining the necessary filling and transport capacities. The MoU builds on RWE’s
Neste’s Engineering Solutions has completed the construction work of the 2.2-kilometre gas transmission pipeline for Gasgrid Finland’s floating LNG terminal vessel FSRU Exemplar in the port of Inkoo. Finnish transmission system operator Gasgrid recently implemented the country’s first FSRU-based terminal to secure the supply of gas to industry, energy production
Angel Island-Tiburon Ferry Company (Angel Island Ferry) has partnered with Pacific Gas and Electric Company (PG&E) to convert and operate California’s first zero-emission electric short-run ferry. Credit: Angel Island Ferry As informed, California-based Green Yachts has been selected to transform The Angel Island to an electric propulsion vessel. The electrification project represents an
Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener. 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
Atlantic Shores Offshore Wind, a 50:50 U.S. partnership between Shell and EDF Renewables, has joined the Northeast Clean Hydrogen Hub, a major multi-state initiative in the U.S. that plans to develop a proposal to become one of up to 10 regional clean hydrogen hubs in the country. The developer of a
Japan’s energy company JERA has signed a Memorandum of Understanding (MoU) with the Philippines’ Aboitiz Power Corporation, a subsidiary of a conglomerate group Aboitiz Equity Ventures, to commence a joint study on ammonia co-firing for the decarbonisation of Aboitiz Power’s business. Courtesy of JERA More specifically, under the MoU, the
Norwegian company YSA Design has become the latest member of a consortium led by Northern Xplorer, a recently established Norwegian cruise venture, that aims to build the world’s first zero-emission cruise ship. As disclosed, after receiving a formal invitation to join the project, the Oslo-based design company will take oversight