Knutsen NYK Carbon Carriers AS (KNCC) has signed a Memorandum of Understanding (MoU) with Pilot Energy Limited, an Australian oil and gas company that is pursuing to leverage its existing infrastructure to develop clean energy projects, to collaborate on an integrated solution for marine transportation and offshore injection of CO2.
FueLNG Venosa, Singapore’s second LNG bunker vessel, has completed its first bunkering operations with Eastern Pacific Shipping’s 210,000 dwt bulker Mount Tai. As informed, the event also marked a milestone for Eastern Pacific Shipping, since the bunkering is 100th LNG bunkering operation in Singapore. Eastern Pacific Shipping Like all EPS-managed LNG dual fuel
UK-headquartered energy giant Shell has unveiled plans to spend around $40 billion in its Integrated Gas and Upstream businesses, as it believes that oil and gas will remain important players on the energy stage to enable global energy security in the foreseeable future. Bearing in mind the energy industry’s pivot
European short-sea player Wilson ASA has signed a contract for the construction of six 3,800 dwt future-proof bulkers. Image credit: Wilson Under the contract, Wilson has options for eight more vessels, totaling the order to 14 vessels. India’s shipbuilder Cochin Shipbuilding is believed to have secured the order. The plan
MOL Clean Energy (MCE), a subsidiary of Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL), has made a strategic investment in Ascension Clean Energy (ACE), a proposed global-scale clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. Illustration only; Archive. Courtesy of MOL The strategic investment by MCE was
Australian Provaris Energy, former Global Energy Ventures (GEV), has launched the development of a large-scale production plant for green hydrogen at Ørskog in Ålesund municipality, Norway. Illustration of hydrogen compression facility and terminal with Provaris’ H2Neo carrier and H2Leo storage. Courtesy of Provaris Energy The company has announced the development
The lifetime fuel costs of meeting key European decarbonisation targets for shipping through the LNG pathway are expected to be roughly half that of the methanol or ammonia pathways, according to the findings of a new analysis from the SEA-LNG coalition. Courtesy of COSCO Shipping Heavy Industry (Zhoushan) The multi-sector
Texas-based energy company NextDecade has signed framework agreements with Global Infrastructure Partners (GIP), an independent infrastructure fund manager, and TotalEnergies, a French energy major, to enable the final investment decision (FID) for the Rio Grande LNG Phase 1 and to provide momentum for the further development of Train 4 and Train
Nordic energy company Gasum and Cruise Division of Swiss MSC Group have signed a long-term agreement for the supply of liquefied natural gas (LNG) to the new flagship of its MSC Cruises brand, MSC Euribia. Gasum MSC Euribia recently demonstrated that emissions-neutral cruising is possible by sailing the first ever
Finnish technology group Wärtsilä has secured a contract to extend the capacity of the regasification system installed onboard the LNG Croatia, a floating storage and regasification unit (FSRU) owned by Zagreb-based LNG Croatia. Courtesy of LNG Croatia Under the contract, Wärtsilä will extend the capacity of the 280-metre-long FSRU, which