Vietnam’s T&T Group and Korean companies Korea Gas Corporation (KOGAS) and SK Group have signed and awarded a Memorandum of Understanding (MoU) to cooperate on developing LNG and hydrogen projects in Vietnam. Courtesy of T&T Group Specifically, T&T Group said that, together with KOGAS, it will work on developing LNG
Cheniere Energy, through its subsidiary Cheniere Marketing, has signed a long-term LNG sale and purchase agreement (SPA) with ENN LNG, a subsidiary of ENN Natural Gas. Illustration; Archive; Courtesy of Cheniere The agreement will see ENN purchase approximately 1.8 million tonnes per annum (mtpa) of LNG from Cheniere Marketing on
The European Union (EU) has put forward an ambitious proposal to achieve net-zero emissions in the shipping sector by 2050. Illustration; Image credit LR On 21 June 2023, the EU Delegation to the UN, together with Denmark, Palau and Samoa, and with the participation of Special Adviser to the UN Secretary-General and ASG of the
As part of its journey to decarbonize agriculture and serve clean ammonia segments, Norwegian fertilizer company Yara has announced it will boost its clean ammonia operations by investing in blue ammonia capacity in the U.S. Illustration; Courtesy of Yara Yara noted its ambition is to be the leading distributor across
US energy infrastructure company New Fortress Energy (NFE) and energy logistics hub Ocean Point Terminals have welcomed the first LNG carrier at Ocean Point’s dock facilities in St. Croix, marking the commencement of LNG ship-to-ship transfer operations. Illustration only. Courtesy of Ocean Point Terminals Ocean Point Terminals and NFE announced
Danish container shipping heavyweight A.P. Moller – Maersk (Maersk) has placed an order for six mid-sized container vessels with Yangzijiang Shipbuilding Group. Image credit Maersk The company said that the six 9,000 TEU vessels will all have dual-fuel engines able to operate on green methanol and fuel oil. The ships
Starting today the freight transport between Italy and Greece, the regular ro-ro line operated by the Grimaldi Group between Venice, Bari and Patras, will be served by two of the company’s “green giants”, the hybrid vessels Eco Catania and Eco Malta. Image credit: Grimaldi The Neapolitan shipping group, in synergy
Japanese LPG trader and importer Astomos Energy Corporation and compatriot energy company Inpex Corporation have completed the supply of B24 biofuel bunker to a Very Large Gas Carrier (VLGC) chartered by Astomos. The endeavor marks the first-ever biofuel supply to a VLGC in the Middle East. Lucaste peace; Image credit NYK
Italian energy giant Eni has inked a sale and purchase agreement to acquire Neptune Energy Group Limited while the oil major’s majority-owned Vår Energi simultaneously signed an inter-conditional sale and purchase agreement to acquire Neptune’s Norwegian business for an aggregate enterprise value of $4.9 billion. The only part of Neptune’s
LNG-powered cruise ship Silver Nova has concluded the initial phases of its sea trials, bringing the vessel closer to completion. Courtesy of Silversea Cruises The vessel will now undergo final touches before being delivered later this year. Silver Nova belongs to a newbuild project known as Project Evolution, and it is the