China’s Wison Offshore & Marine has changed its name to Wison New Energies to “better represent” the company’s commitment to providing low-carbon technologies and solutions. Courtesy of Wison New Energies Wison said the name change reflects the company’s vision about energy challenges and how to address them, adding that from
Louis Dreyfus Armateurs picks CSSC Wuchang Shipbuilding for wind-powered ROROs
French maritime firm Louis Dreyfus Armateurs (LDA) has inked a construction contract with Chinese CSSC Wuchang Shipbuilding Industry Group for three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. © Copyright Louis Dreyfus Armateurs / Airbus The construction of the vessels has been commissioned by Airbus as part of its fleet renewal
Kumul obtains funding to purchase PNG LNG stake from Santos
Papua New Guinea’s (PNG) Kumul Petroleum Holdings has secured funding to acquire 2.6% of PNG LNG stake from Australian energy company Santos. Archive; Courtesy of Oil Search According to Santos, Kumul paid approximately $250 million into escrow with Santos as part payment of the purchase price and executed binding funding
Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead
The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. Methanol bunkering; Image credit: Vopak “2023 was a
2023 in review: A transformative year for shipping and maritime
In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conflict in Ukraine, and the
DIMATE’s tech to enhance inspection processes, hydrogen industry in focus
Software technology company DIMATE is making its way into the clean energy services industry, including carbon capture and hydrogen, with its PACS (picture archiving and communication system) solution for end-to-end digitization of test processes on safety-relevant components with integration into customer-specific inspection processes. Navingo BV Sherif Ibrahim, Global Energy Manager