Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, and compatriot energy company GS Energy have agreed to cooperate in eco-friendly business areas, including clean ammonia and hydrogen. Illustration only. Courtesy of Hyundai Glovis To this end, the parties signed a memorandum of understanding (MoU) on 27 March. Under
German shipbuilder Meyer Werft has held a keel-laying ceremony for eco-friendly cruise ship Silver Ray for Silversea Cruises. Meyer Werft As informed, the ceremony took place at the shipyard in Papenburg, Germany, on 23 March. The keel laying marks the start of a ship’s assembly. The second ship in Silversea’s
MiQ, a global non-profit methane emissions certification provider, has launched the world’s first certification programme that enables a complete assessment of all greenhouse gas (GHG) emissions from the liquified natural gas (LNG) supply chain. Illustration only / Courtesy of MiQ MiQ said its new framework tracks 100% of methane, carbon
Denmark and Germany have signed a cooperation agreement on green hydrogen and the integration of the two countries’ energy systems. Illustration / Archive / Courtesy of DOE According to Denmark’s Ministry of Climate, Energy, and Supply, the declaration is to facilitate an ongoing dialogue between Denmark and Germany and relevant
Chinese leasing company China Development Bank Financial Leasing (CDB Leasing) has entered into agreements with units of GasLog and GasLog Partners to purchase two LNG carriers. Illustration only; Archive. Courtesy of GasLog According to CDB Leasing’s stock exchange filing, the company entered into vessel purchase agreements with Gas-five, an entity indirectly
Finnish company Neste has signed an agreement with Terntank Rederi A/S for time chartering two new lower-emission product tankers. Terntank As disclosed, the tankers are constructed to transport a wide variety of liquid cargoes including renewable raw materials, such as waste and residue oils and fats, to Neste’s refineries. At
Greece’s Capital Ship Management has taken delivery of the newbuild LNG fuel-ready chemical/product medium-range (MR) tanker with an eco-friendly design, M/T Avax. Delivery of M/T Avax (Screenshot). Source: Capital Ship Management The company announced on 24 March that the 50,000 dwt vessel was delivered by Hyundai Vietnam Shipyard. The ship
Swiss marine power company WinGD has announced it will supply 10X92DF-M methanol-fuelled engines to four 16,000 TEU container vessels to be built for Chinese COSCO Shipping Lines at COSCO Shipping Heavy Industry (Yangzhou) site. Courtesy of WinGD The vessels are scheduled for delivery from 2025, and according to WinGD, will
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and large-scale production projects
French LNG containment specialist GTT has secured contracts with two undisclosed European LNG ship owners to equip a total of three vessels with its predictive maintenance solution, the Sloshing Virtual Sensor. Courtesy of GTT According to GTT, this digital technology is dedicated to the assessment of sloshing activity in order