China-based provider of clean energy services Wison New Energies, formerly known as Wison Offshore & Marine, has initiated the design validation and pre-FEED phase for two floating LNG (FLNG) projects in Nigeria. Courtesy of Wison New Energies Following the signing of the contract and disbursement of mobilization funding, Wison New
Flying Tiger Copenhagen teams up with Maersk on transporting goods using green fuels
Danish container shipping major A.P. Moller – Maersk has announced that compatriot retail company Flying Tiger Copenhagen will join its roster of customers utilizing the ECO Delivery solution for ocean freight transport, beginning in 2024. Illustration; Source: Maersk The strategic move aims to significantly curb Flying Tiger Copenhagen’s greenhouse gas
Toyota’s growth fund invests in Corvus Energy to boost hydrogen fuel cell development
Corvus Energy, a supplier of zero-emissions energy solutions or maritime, offshore, and port applications, has secured an investment from Woven Capital, Toyota’s growth fund, to speed up the development of its battery storage and hydrogen fuel cells and expand its geographical footprint. Corvus Pelican Fuel Cell System. Courtesy of Corvus
HD KSOE clinches $366 million deal to build three ammonia carriers
South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured an order for the construction of three very large ammonia carriers (VLACs). As informed, the company will build the three vessels for an unnamed shipping company from Central and South America. HD Hyundai Heavy Industries Co.,
Lhyfe partners with Source Galileo for green hydrogen production in UK and Ireland
French green hydrogen producer Lhyfe and UK renewable energy developer Source Galileo have entered into a joint agreement to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland. Illustration only; Courtesy of Lhyfe To this end, the companies signed a memorandum of understanding (MoU), aiming to
Ofgem CEO: Burgeoning hydrogen and CCS industry in Teesside and Humber to yield tens of thousands of jobs
Tens of thousands of new-generation clean jobs need to be created to support burgeoning hydrogen production and the carbon capture and storage (CCS) industry in the UK’s Teesside and Humberside regions, according to Jonathan Brearley, CEO of UK energy market regulator Ofgem. HyGreen Teesside. Courtesy of BP Following visits to CCS
CPN bunkers NS United Kaiun Kaisha bulker with biofuel
Hong Kong-based bunker service provider Chimbusco Pan Nation Petro-Chemical (CPN) has supplied 800 metric tons of ISCC-EU certified B24 marine biofuel to a vessel owned by Japanese shipping company NS United Kaiun Kaisha. CPN The 181,400 dwt bulk carrier United Crown was bunkered with biofuel in Hong Kong on January
Mitsubishi HC Capital to acquire 20% stake in European Energy
Denmark’s European Energy and Japan’s Mitsubishi HC Capital have entered into an agreement in which Mitsubishi will acquire a 20% stake in European Energy. Archive; Courtesy of European Energy Specifically, Mitsubishi HC Capital will subscribe to approximately 72 million new shares in European Energy, and additionally, will purchase around three
China debuts its first methanol bunkering vessel
On January 13, 2024, China’s inaugural methanol bunkering ship, Hai Gang Zhi Yuan, embarked on its maiden voyage, following a conversion process at Zhoushan Putuo Changhong Shipbuilding Co. Image credit: Zhoushan Changhong International Shipyard The 16,000 cbm vessel, previously known Jiuli 668, underwent a 113-day retrofit at the Chinese yard.
Northern Lights breaks new ground: First-of-their-kind LCO2 carriers fitted with cargo tanks
In a pioneering feat of engineering, Northern Lights, a joint venture company of energy giants Shell, Equinor, and TotalEnergies, shared a new milestone in the construction of the company’s liquefied CO2 (LCO2) carriers. Image credit: Northern Lights Namely, the company’s first two vessels have been installed with custom-built 7,500 cubic