Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day presentation on Friday.
Italian maritime transportation group Fratelli Cosulich has ordered its first methanol dual-fueled chemical bunker tanker with a capacity of over 8,000 cubic meters and the ability to carry both green methanol and biofuels. Illustration only. Courtesy of Fratelli Cosulich According to Fratelli Cosulich, the order for the 7,990 dwt IMO Type
H2 Energy Europe, a builder of hydrogen ecosystems in Europe, has obtained environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. Courtesy of H2 Energy Europe The approval issued for the facility, which will have a 1 GW electrolysis capacity, is said to be a significant milestone,
In a remarkable start to the new year, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has reaffirmed its industry dominance by securing an order for the construction of two Very Large Gas Carrier (VLGC) ships. Illustration; Image credit HD HHI The undisclosed shipping company based in the Middle
Fairway Methanol, a U.S.-based 50-50 joint venture (JV) between Japan’s Mitsui & Co. and U.S. Celanese Corporation, has begun the production of methanol by using carbon dioxide (CO2) emitted from plants surrounding the venture’s facility. Courtesy of Mitsui & Co. According to Mitsui, Fairway Methanol is expected to capture 180
Engine powerhouse MAN Energy Solutions has signed a contract with Turkish powership builder and owner Karpowership for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of power plant ships. Image credit: MAN The engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output of
Qatar’s LNG heavyweight QatarEnergy has sealed a contract with Chinese shipbuilder CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max ultra-large LNG carriers, according to broker reports. Illustration; Image: Saad Sherida al-Kaabi,Minister of Energy in Qatar, and the President and CEO of QatarEnergy/Courtesy of QatarEnergy Valued at over $2.4
Indonesia’s Pertamina International Shipping (PIS) has welcomed into the fleet two Very Large Gas Carriers (VLGC), optimized for transporting LPG and petrochemical commodities such as ammonia. Image credit Pertamina The twin tankers, each spanning twice the length of a football field, were constructed at Hyundai Samho shipyard in South Korea
Japan’s energy company Inpex Corporation is planning to enter into an agreement with Tokyo Gas in relation to the acquisition of the participating interests (1.575%) held by Tokyo Gas in the Ichthys LNG project, through Tokyo Gas Australian project subsidiaries. Archive; Courtesy of Inpex Through this acquisition, Inpex said its
HD Korea Shipbuilding & Marine Engineering, the holding entity of HD Hyundai Shipbuilding Division, has kickstarted the year on a high note with a flurry of orders. Image credit: HDKSOE Namely, since the beginning of the year, the South Korean shipbuilding major has signed construction contracts for a total of