Japan’s Mitsui & Co has agreed to acquire a 49% equity interest in Kasso MidCo ApS, an affiliate of European Energy, a renewable energy company headquartered in Denmark. Courtesy of Mitsui & Co Specifically, Mitsui will acquire a minority stake in European Energy’s solar park and e-methanol production facility Kasso
Exmar’s LPG carrier brings 1st full cargo of blue ammonia to Europe
Belgium-based shipowner Exmar has revealed that its liquified petroleum gas (LPG) midsize carrier Kallo has delivered Europe’s first full cargo of blue ammonia. Credit: Agropolychim On 27 June, the LPG tanker Kallo owned by the Belgian company Exmar docked at the Port of Varna West with the first commercial shipment of
VIDEO: Vertom launches 3rd methanol/hydrogen-ready electric bulker
Dutch short sea shipping company Vertom Group has launched the third dry bulk vessel built by compatriot Thecla Bodewes Shipyards, MV Vertom Tomma. Vertom Tomma As disclosed, the launching and christening ceremony took place on 5 July. The firm held a keel-laying ceremony for the bulk carrier in September 2022.
Monjasa expands supply operations into Port of Singapore
Marine fuels supplier Monjasa has announced further expansion in Asia by commencing its first supply operations in the Port of Singapore with three tankers to be added during this year. Image by Monjasa The company already has three offices located in Singapore, Shanghai and Ho Chi Minh City and is
Mexico Pacific inks long-term LNG supply deal with Zhejiang Energy
Zhejiang Energy International and Mexico Pacific have signed a sales and purchase agreement (SPA) for Zhejiang Energy to offtake 1 million tons per year (MTPA) of liquefied natural gas (LNG) from Mexico Pacific’s LNG export facility, Saguaro Energia, located in Puerto Libertad, Sonora, Mexico. Archive; Illustration only; Courtesy of Mexico
New RHC leadership calls for tangible action in hydrogen industry
The Renewable Hydrogen Coalition (RHC) has elected new leadership for the next 18 months, Olivia Breese, CEO of Power-to-X at the renewable energy company Ørsted, as Chair, and Håkon Volldal, President and CEO of electrolyzer manufacturer Nel, as Vice-chair. The RHC promotes the role of renewable hydrogen to deliver the
BP and WasteFuel to collaborate on low-carbon fuels for shipping sector
BP, through its arm BP Ventures, has expanded its investment in bioenergy by committing $10 million and leading the Series B investment round in WasteFuel, a California-based biofuels company focused on converting municipal bio-waste into low-carbon fuels, such as bio-methanol. Illustration. Source: WasteFuel WasteFuel’s existing investors include Maersk, NetJets, Prime
Aker Horizons, Statkraft pen long-term deal on Narvik green ammonia project
Green energy developer Aker Horizons has signed a 10-year power purchase agreement (PPA) with the supplier of renewable energy Statkraft, securing a significant amount of the renewable power required for its large-scale green ammonia plant under development in Narvik, northern Norway. Courtesy of Statkraft According to Aker, the PPA is
Study identifies ‘great potential’ for importing hydrogen from Tasmania to Rotterdam
The Port of Rotterdam Authority and the Tasmanian government have conducted a joint study which shows that importing green hydrogen from Tasmania, an island southeast of Australia, has great potential to decarbonise Northern European industry. Archive; Port of Rotterdam/Danny Cornelissen To remind, the Dutch port and the Tasmanian government signed