The government of Western Australia (WA) and the Japan Bank for International Cooperation (JBIC), a policy-based financial institution wholly owned by the Japanese Government, have signed a Memorandum of Understanding (MoU) that focuses on hydrogen, ammonia, low-emission technology, and decarbonisation. The WA government said that MoU will promote cooperation in
Japanese shipping giant Mitsui O.S.K. Lines (MOL) and compatriot trading and investment company Mitsui & Co. have received approval in principle (AiP) from ClassNK for the design of a large ammonia-powered bulk carrier. The approval was granted for the 210,000 dwt Capesize bulker with a main engine fueled by ammonia
Norway’s network for hydrogen-based solutions for the maritime sector Ocean Hyway Cluster has welcomed H2Carrier AS, the designer and owner of the proprietary floating energy production and storage system P2XFloater™, to its cluster. Courtesy of Ocean Hyway Cluster, H2Carrier, and Anori During the chat with the Cluster, Sebastian Kihle, Chief
Port services provider S5 Agency World has entered into a contract with Deutsche ReGas to act as terminal agent at the new Deutsche Ostsee LNG terminal at Lubmin Port. The floating storage and regasification unit (FSRU) serving as the terminal was officially launched on 14 January, with the inauguration ceremony attended
Japanese companies Idemitsu Kosan, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have come together for a joint study for implementing carbon dioxide capture, utilisation, and storage (CCUS) in the Tomakomai area of Hokkaido, Japan, leveraging each company’s business sites and capabilities. The three companies will proceed with specific
Finnish shipbuilder Helsinki Shipyard has floated out a hybrid diesel-electric expedition ship SH Diana being built for Swan Hellenic. SH Diana’s fitting out is already underway, as the vessel readies for its maiden cruise, leaving Palermo in Italy for Lisbon in Portugal on 15 April. Diana will then make its
Ubuntu Harmony, a recently launched LNG dual-fueled Capesize+ bulk carrier, has been loaded with its first cargo of iron ore, according to UK-based mining company Anglo American, which charters the vessels from Taiwanese bulk carrier company U-Ming Marine. The 190,000 dwt vessel loaded its first cargo of iron ore from Kumba
A meeting, held between the UK’s Minister of State for Energy and Climate and the chief executive of UK Oil & Gas (UKOG) and its wholly owned subsidiary UK Energy Storage (UKEn), highlighted the importance of ramping up energy storage infrastructure while showcasing the ties that bind natural gas and hydrogen,
Russian LNG producer Sakhalin Energy has surpassed its 2022 targets, producing about 11.5 million tonnes of LNG and 3.7 million tonnes of Sakhalin blend oil. Courtesy of Sakhalin Energy According to the company, all products were delivered to the buyers on time in full compliance with the SPA terms. The
Turkey’s floating power plant company Karpower International (Karpowership) has signed a memorandum of understanding (MoU) with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and accelerate the use of floating power stations to alleviate the nation’s energy crisis. Courtesy of Karpowership The parties agreed to work alongside