Dutch tank storage company Royal Vopak and North American energy infrastructure company AltaGas have announced the execution of definitive agreements for a new 50/50 joint venture (JV) to further evaluate the development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal
Capital Gas, Euronav, and Maran Tankers lead the pack as last week’s tanker orders hit 17
Newbuild ordering in the tanker industry is picking up momentum with 17 new tanker orders placed last week, shipbroking reports show. Illustration; Image credit Euronav Several big industry names make up the list of buyers, including Euronav, Maran Tankers, and Capital Gas, signaling renewed confidence in the industry’s future. The
TotalEnergies and MSC refuel LNG-powered MSC World Europa in their first bunkering operation in Marseille
TotalEnergies Marine Fuels, a bunkering unit of French energy giant TotalEnergies, and the Cruise Divison of MSC Group have completed the first LNG bunkering operation at the Port of Marseille Fos in Southern France for the MSC World Europa cruise ship. MSC World Europa and Gas Vitality. Courtesy of TotalEnergies
Eastern Pacific linked to dual-fuelled VLGC quartet worth $400 mln
Singapore-based ship management company Eastern Pacific Shipping (EPS) has reportedly placed an order for four very large carriers (VLGCs), splashing $100 million apiece. Eastern Pacific Shipping According to broker reports, the company has placed an order for two dual-fuel 93,000 cbm VLGCs at Hyundai Samho and two more at Samsung Heavy Industries (SHI).
Energy companies unite to form hydrogen value chain in Germany
The companies BP, Gasunie, Nowega, NWO, Salzgitter, Thyssengas, and Uniper are connecting their hydrogen projects in north-west Germany to network Wilhelmshaven as a future location for hydrogen import and production with the industrial consumption centres in North Rhine-Westphalia and Lower Saxony. Courtesy of Uniper According to Uniper, in Wilhelmshaven, BP
HMM to trial marine biofuels on its mega containerships as it partners with GS Caltex
Grimaldi picks Leclanché battery systems for two more hybrid RoRo ships
Italian operator of roll-on/roll-off (RoRo) ferries Grimaldi Group has selected Swiss energy storage solutions company Leclanché to supply battery systems for two of its latest hybrid vessels. Courtesy of Leclanché Leclanché will supply lithium-ion (Li-ion) battery systems for the tenth and eleventh vessels (both 5 MWh each) in Grimaldi’s Eco
Is gas paving the way for the hydrogen revolution?
In the aftermath of the energy crisis sweeping across the globe, gas has entrenched its position as the energy king. However, in the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground, as the climate crisis and weaponisation of gas,
Eni launches Congo LNG project
Italian oil and gas company Eni has inaugurated the Congo LNG, the country’s first natural gas liquefaction project and one of Eni’s supply diversification initiatives. Illustration only / Archive / Courtesy of Exmar The President of the Republic of the Congo Denis Sassou Nguesso and the CEO of Eni Claudio
MAN ES’ 175D engine gets approval for operation on biofuels
German engine manufacturer MAN Energy Solutions (MAN ES) has revealed that its MAN 175D engine is formally approved for operation on biofuels. MAN Energy Solutions As informed, the approval applies to all standard biofuels such as hydrotreated vegetable oil (HVO) and fatty acid methyl ester (FAME) fuels up to a content