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
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
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
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
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