ClassNK certification society has given an A rating to the LNG dual-fueled chemical tanker Fairchem Pioneer jointly developed by Fukuoka Shipbuilding and Fairfield Japan. ClassNK; Image by Offshore Energy The tanker is currently under construction at Fukuoka Shipbuilding, and is going to be chartered to FJL. The vessel was evaluated
Poland’s natural gas transmission system operator GAZ-SYSTEM has completed a non-binding market research procedure for the demand for additional regasification capacity of the FSRU terminal in the Gulf of Gdańsk. Courtesy of GAZ-SYSTEM The operator collected information on the level of market interest in additional regasification capacity, as well as
International owners and operators of liquefied natural gas (LNG) carriers GasLog and GasLog Partners have entered into a definitive merger agreement. Illustration only; Archive. Courtesy of GasLog Following the offer announced in January 2023, the parties now signed the agreement pursuant to which GasLog will acquire all of the outstanding
Canadian engineering, logistics, and energy company ATCO, through its investment in Canadian Utilities Limited, is collaborating with Japanese company Kansai Electric Power to develop an integrated clean fuels supply chain between Canada and Japan. Courtesy of ATCO The two companies have completed a pre-feasibility study to produce clean hydrogen and
Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. Sparky; Image credit: Damen The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact
eFuels company HIF Global and energy company Idemitsu Kosan have made a strategic cooperation agreement to accelerate the production of carbon-neutral eFuels. Courtesy of Idemitsu Kosan According to the companies’ statement, the cooperation will focus on the purchase of eFuels by Idemitsu from HIF eFuels facilities worldwide, co-investments in HIF
In a significant step towards sustainable and decarbonized shipping, China has launched its first-ever hydrogen fuel cell-powered boat. Image credit CCS The vessel named ‘Three Gorges Hydrogen Boat No. 1’ was launched on March 17, in Guangdong, China. The vessel was built by Jianglong Shipbuilding Co. Ltd. for Yangtze Power
Northern Lights, a joint venture (JV) of energy majors Shell, Equinor and TotalEnergies developing an open and flexible infrastructure to safely store CO2 from industries across Europe, is making progress with the installation of the first temporary CO2 storage tank. Image: Northern Lights LinkedIn This milestone was announced on 5 April when the
The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. Viking Glory. Courtesy of Viking Line The current model of maritime transport operations, which relies heavily on traditional practices, is no longer viable in the face of