Port of Rotterdam has seen a number of investments in energy transition projects in 2022 worth a total of approximately € 3 billion. Port of Rotterdam; Image by Offshore Energy Some of these projects include investments in a major biorefinery and Europe’s largest green-hydrogen plant. To remind, in July 2022
Cheniere starts permitting process for Sabine Pass LNG expansion
Cheniere Energy Partners, a subsidiary of Cheniere Energy, has initiated permitting process for the expansion of LNG export capacity at the Sabine Pass terminal located in Cameron Parish, Louisiana. Illustration; Archive. Courtesy of Cheniere Cheniere announced on 23 February that the pre-filing review process has been initiated under the National
Norled takes delivery of 1st hybrid battery-electric express ferry
Norwegian ferry operator Norled AS has welcomed into the fleet the first of two hybrid battery-electric express ferries, built by compatriot OMA Baatbyggeri. Image credit Norled The delivery of MS Frey follows the successful commissioning of the diesel-electric systems integrated by SEAM, a Norwegian supplier of zero-emission solutions to the maritime industry.
Wärtsilä and Höegh LNG renew maintenance agreement
Finnish technology group Wärtsilä has signed a five-year renewal of its existing maintenance agreement with Norway’s Höegh LNG Fleet Management (HLNG). Courtesy of Wärtsilä and Höegh LNG The renewed agreement includes the delivery of spare parts and field maintenance services, as well as Wärtsilä’s latest digital solutions, and extends the
WoodMac: High demand could pave the way for $100B of new LNG projects in US
Due to high prices and the demand for energy security, the US is poised to become the leading exporter of LNG in 2023 and potentially pave the way for $100 billion in new developments to support long-term growth, according to a new report from energy intelligence group Wood Mackenzie. Illustration.
Tellurian’s 2022 culminates with Driftwood LNG construction progress
US natural gas company Tellurian has ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, an increase in natural gas production, and $474.2 million of cash and cash equivalents. Illustration / Courtesy of Tellurian It also completed the acquisition of natural gas assets of
Plans for new mid-scale LNG project in Louisiana gain ground
Gulfstream LNG Development, a recently launched mid-sized greenfield LNG export project, has filed an application to the United States Department of Energy (DOE) seeking authorisation to export up to 4 million tonnes per annum (mtpa) of LNG to free trade agreement (FTA) and non-FTA countries. Illustration. Source: Gulfstream LNG The
Global blue hydrogen market to reach $34 billion, predicts IDTechEx
In its new report ‘Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,’ technology company IDTechEx has forecasted that the global blue hydrogen market will grow to reach $34 billion by 2033. Illustration / Courtesy of Pixabay The company predicted that future blue hydrogen demand will be mainly driven by
UK government grants £3.8m for world’s first liquid hydrogen autonomous vessel and infrastructure project
The Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED) consortium led by vessel provider ACUA Ocean in partnership with infrastructure provider Unitrove has won a £3.8 million UK government grant to build and showcase its innovative autonomous vessel and bunkering infrastructure technologies for liquid hydrogen. Courtesy of
Green light for world’s first 85,000 dwt ammonia-fueled bulker
China Classification Society (CCS), Singapore’s SDTR Marine and Shanghai’s Merchant Ship Design & Research Institute (SDARI) have jointly developed an 85,000 dwt ammonia-fueled bulk carrier. Courtesy of CCS Said to be the world’s first, the vessel has also obtained approval in principle (AiP) from the Chinese classification society in a