Chinese shipbuilder New Times Shipbuilding (NTS) has started the construction of a new dual-fuel bulk carrier for Bermuda-based shipping company Himalaya Shipping. NTS The steel cutting ceremony was held at the company’s shipyard on 17 February. The vessel has an overall length of 299.95 meters, a molded width of 50 meters,
Singapore-based Global Centre for Maritime Decarbonisation (GCMD), together with its consortium partners, has completed trialling two supply chains of biofuel blends from different origins as part of a drop-in biofuels pilot project announced in July 2022. Archive; Illustration. Courtesy of GCMD The full pilot involves 19 industry partners, with 13
Shell Petroleum NV, a wholly-owned subsidiary of Shell plc, has completed the acquisition of 100% of the shares of a Denmark-based renewable natural gas producer (RNG, also known as biomethane) Nature Energy Biogas A/S. Courtesy of Nature Energy By purchasing the shares, Shell has acquired Nature Energy’s portfolio of operating
Spanish multinational energy company Cepsa has signed a Memorandum of Understanding (MoU) with the ACE Terminal in the Port of Rotterdam, the Netherlands to create a green hydrogen supply chain. Image credit ACE Namely, Cepsa is developing 2GW of green hydrogen at its two Energy Parks in Andalusia, southern Spain, as
Anglo-French oil and gas player Perenco has taken a final investment decision (FID) for the construction of a liquefied natural gas (LNG) production unit in Gabon. Archive; Illustration only. Source: Perenco The LNG plant will be built at the Cap Lopez oil terminal that Perenco acquired from TotalEnergies in 2021.
French LNG containment specialist GTT has finished the 2022 financial year with solid results, expecting market growth in the coming years. Illustration / Courtesy of GTT / Zéphyr and Borée It had consolidated revenues of €307.3 million and consolidated EBITDA of €161.1 million. As pointed out in the report, it
U.S. energy infrastructure company New Fortress Energy (NFE) has awarded an engineering and project management contract for the conversion of three jack-up rigs destined for the Gulf of Mexico to Zentech, a Houston-based marine engineering firm. Zentech Zentech Technical Services Incorporated (Zentech) disclosed the award of marine engineering scope by
South Korean shipbuilding major Hyundai Heavy Industries (HHI) has delivered the 7th LNG carrier to Greece-based shipowner Capital Product Partners (CPLP). Image credit: Jerry Kalogiratos; CEO & Director at Capital Product Partners L.P. The shipping company bought the 174,000 cbm LNG carrier Asterix I in June 2022 while the vessel was
GeelongPort and Fortescue Future Industries (FFI) have signed a Memorandum of Understanding (Mou) to undertake a joint feasibility study to construct a green hydrogen production facility in Geelong, Australia. GeelongPort Under the MoU, the partners will investigate the suitability and environmental benefits of a green hydrogen production facility at GeelongPort.