MidOcean Energy, an LNG company formed and managed by investment company EIG, has entered into a definitive agreement with energy company SK Earthon to acquire SK’s 20% interest in Peru LNG (PLNG). Peru LNG Plant-Pampa Melchorita; Courtesy of Peru LNG PLNG owns and operates the first LNG export plant in
Finnish state-owned energy company Gasum has been selected to manage shipping company Wasaline’s EU Allowances (EUA) portfolio. Gasum, Wasaline Wasaline has chosen Gasum Portfolio Services as its partner in EU Allowances (EUA) portfolio management. Managing and trading emissions allowances is topical for shipping companies as the EU Emissions Trading System
Norwegian companies Dalane Energi and Hydrogen Solution (HYDS) have launched a new hydrogen production facility in Egersund harbor as a part of the EU-funded ROBINSON H2020 project. Norwegian Minister of Industry Jan Christian Vestre and Knut Førland, Managing Director of Liquiline. Photo: Peter Tubaas/HYDS The official opening ceremony of the
Swedish shipping company Furetank aims to have its entire fleet renewed and environmentally friendly as it ordered two more dual-fuel Vinga product tankers in China. Furetank The two ships will be constructed at the China Merchants Jinling Shipyard in Yangzhou, with delivery expected at the end of 2026 and beginning
NYK Stolt Tankers (NST), a joint venture between shipping companies NYK Line and Stolt Tankers, has reached an agreement with Nantong Xiangyu Shipyard in China to build six 38,000 dwt stainless steel chemical tankers. NYK Stolt Tankers The 19,600 GT units are planned for delivery between late 2026 and 2029.
Denmark’s Copenhagen Infrastructure Partners (CIP) has entered into an option agreement with Naturgassparken Vest, a real estate company jointly owned by CCB Energy and Norwegian Øygarden municipality, to establish the production of hydrogen-based energy carriers in the Energy Park. CCB Energy The agreement was announced on February 9, 2024, and builds
US-based ammonia power solutions company Amogy has been awarded a feasibility statement by Lloyd’s Register (LR) as the official approval of its technology qualification plan (TQP), marking a new milestone in certifying Amogy’s technology is viable for maritime applications. Courtesy of Amogy Amogy’s technology qualification plan outlines the full set
Japan’s energy giant JERA and PT PLN Energi Primer Indonesia (PLN EPI), a fuel procurement and transportation operator for Indonesia’s power giant PT PLN (Persero), have signed a memorandum of understanding (MoU) to collaborate on the development of an LNG value chain. Illustration only; Archive; Courtesy of JERA The MoU
Swedish shipping company Stena RoRo and Canadian federal Crown corporation Marine Atlantic have taken delivery of E-Flexer roll-on/roll-off passenger (RoPax) vessel from China’s CMI Jinling, Weihai Shipyard. Stena RoRo The 203-meter-long vessel, named Ala’suinu, will be on a long charter agreement with Marine Atlantic and operate a ferry line in
Maritime equipment manufacturer Stratmaan has secured a contract to supply a ship-to-shore link system for Petronas’ third floating LNG project, or ZFLNG, offshore Sabah in Malaysia. Illustration only; Archive. Courtesy of Petronas As part of its partnership with Samsung Heavy Industries, an EPCC contractor in the project, Straatman will supply