Governments of South Africa, the Netherlands and Denmark have concluded a Heads of Agreement (HoA) with the intention to launch a new SA-H2 Fund, an innovative blended finance fund that will facilitate and accelerate the development of a green hydrogen sector and circular economy in South Africa. The fund is
Gas carrier owner and operator Navigator Holdings has signed a non-binding memorandum of understanding with Bumi Armada Berhad, one of the world’s largest floating infrastructure operators, to establish a joint venture company to provide CO2 shipping and injection solutions in the United Kingdom. Courtesy of Navigator Holdings The Bluestreak CO2 Joint
Cheniere Marketing, a subsidiary of LNG producer and exporter Cheniere Energy, has entered into a long-term LNG sale and purchase agreement (SPA) with energy major Equinor ASA. Illustration; Archive; Courtesy of Cheniere Under the SPA, Equinor has agreed to purchase approximately 1.75 million tons per annum (mtpa) of LNG from
Swedish tanker shipping company Donsötank has placed an order for two newbuildings dual-fuel 22,500 dwt oil and chemical tankers with Wuhu Shipyard based in China. Image credit: Donsötank The vessels are scheduled for delivery in the second and fourth quarters of 2025. “As we navigate the path towards the future
Share this article TotalEnergies has confirmed its participation in Offshore Energy Exhibition & Conference 2023 (OEEC 2023), to be held this November in Amsterdam, the Netherlands. The energy giant is now a returning exhibitor and sponsor at OEEC, after having been part of OEEC 2022. TotalEnergies stand at Offshore Energy
India’s Chowgule Shipyard has launched Electramar, the first unit in the series of twelve energy-efficient plug-in hybrid vessels ordered by [email protected] Shipping, a subsidiary of Finnish dry bulk shipping company ESL Shipping. Image credit ESL Shipping “The launching of a vessel is always a special moment in shipbuilding and we are excited to see the
Share this article With high levels of interest and varying degrees of activity around zero-emission fuels as well as favourable conditions for the potential bunkering of hydrogen-based zero-emission fuels across its major ports, Spain is well positioned to develop green shipping corridors to Europe and beyond, according to a new
Israel-based shipowner ZIM Integrated Shipping Services has held a naming ceremony for new 15,000 TEU containership duo which is powered by liquified natural gas (LNG). As disclosed, the naming ceremony was held at Samsung Heavy Industries’ (SHI) yard in South Korea today. The boxships, which are the fourth and the
Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. Illustration; Image Courtesy: Algoma The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving
Share this article State-owned oil and gas giant QatarEnergy has signed definitive agreements with China National Petroleum Corporation (CNPC) for the long-term supply of LNG to China and partnership in the North Field East (NFE) LNG expansion project. Courtesy of QatarEnergy The LNG sales and purchase agreement (SPA) between the two