In the midst of the rising climate and energy security concerns, which are dominating the transition story to low-carbon and green energy, the road to net-zero emissions seems like an uphill battle. Against such a backdrop, gas has solidified its position at the top of the energy pyramid, thus, the
Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. Image credit Maersk With 62 orders secured in the first six months of 2023,
McDermott has won a “major” contract with Qatargas to deliver engineering, procurement, construction, and installation (EPCI) for a subsea pipeline and cable project. Illustration. Courtesy of McDermott McDermott will deliver EPCI for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1. The contract includes
Share this article Europe’s premier offshore energy event to feature an integrated conference area, Offshore Energy Pavilion, and more. Offshore Energy Exhibition & Conference 2022 at RAI Amsterdam; Photo: Navingo BV Offshore Energy Exhibition & Conference (OEEC) 2023, the highly anticipated event for the offshore energy industry, is proud to
Members of the European Parliament (MEP) have adopted new rules on cleaner maritime fuels, which are part of of the Fit for 55 in 2030 package, the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, and to decarbonise transport. Illustration. Source: WasteFuel As
The first ME-GA engine has completed gas trials aboard an LNG carrier built by Hyundai Samho Heavy Industries (HSHI) for Norwegian shipping company, Knutsen OAS Shipping, MAN Energy Solutions announced. Image credit MAN ES The new engine is an Otto-cycle variant of the company’s ME-GI engine, designed for LNG/fuel-oil running.
Technology company IDTechEx has predicted that the low-carbon hydrogen market will grow substantially over the next decade, reaching $130 billion by 2033. Courtesy of IDTechEx In its new report, “Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications,” IDTechEx evaluates the necessary components to foster this growth. The report includes technological
Taiwanese container shipping major Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet. Ever Alot. Courtesy of Hudong-Zhonghua Shipbuilding The construction deal has been divided between industry major Samsung Heavy Industries (SHI), and Nihon Shipyard, a joint venture between Japan Marine United
LNG Shipping, a joint venture between Victrol and Sogestran, has launched Energy Stockholm, a liquified natural gas (LNG) bunker barge which will be chartered to Shell LNG B.V(Shell). Sogestran The 8,000 cbm bunker barge was launched on 11 July at RMK Marine’s shipyard in Tuzla. The vessel, dubbed Europe’s largest
French LNG containment specialist GTT has received an order from the Chinese shipyard Dalian Shipbuilding Industry & Co (DSIC) for the tank design of two liquefied natural gas carriers (LNGCs). Archive; Illustration; Courtesy of DSIC The order, received in the second quarter of 2023, came on behalf of CMES LNG