As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. Illustration; Courtesy of CMA CGM The survey respondents expect their fleets to
Energy company Aramco has announced that a shipment of low-carbon ammonia has arrived in Japan for use as fuel in power generation. Courtesy of Aramco More specifically, this shipment, which is described as the first accredited low-carbon ammonia one to arrive in Japan, was transported to the Fuji Oil company’s
Energy companies RWE and Kellas Midstream have signed a memorandum of understanding (MoU) to explore the potential for large-scale green hydrogen production in Teesside, UK. Courtesy of RWE RWE said the hydrogen production site will be located close to emerging hydrogen infrastructure and will leverage each of the company’s leading
US-based LNG player Excelerate Energy has completed the purchase of the floating storage regasification unit (FSRU) Sequoia. Excelerate Sequoia. Courtesy of Excelerate Energy The FSRU was purchased for a price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands.
Greek ship management company Alpha Gas has taken delivery of its new LNG carrier from South Korean shipyard Hyundai Samho Heavy Industries (HSHI). Energy Fidelity. Courtesy of Alpha Gas With a cargo capacity of 174,000 cbm, the LNG carrier Energy Fidelity is the newest addition to Alpha Gas’ in-house commercial and technical
South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with compatriot specialty chemicals company LOTTE Fine Chemical for the marine transportation of ammonia. Image credit HMM The MoU also covers the bunkering of ammonia and methanol fuel and comes after HMM made a major order for methanol-powered
The “transition” part of the energy transition is beginning to show a more defined shape with each passing day as witnessed in a week behind us that was filled with announcements favoring the net-zero future coming from governments and all the way to private offshore energy companies.
The Australian Petroleum Production & Exploration Association (APPEA) has thrown support behind the Climate Change Authority’s focus on carbon capture technology, after the importance of carbon capture utilisation and storage (CCUS) to reaching net-zero was highlighted in CCA’s new report, urging for more support to back the technology. Carbon capture and
SOFEC, a MODEC Group company, has received approval in principle (AiP) from classification society DNV for its newly developed ammonia transfer system. Courtesy of MODEC The new ammonia transfer system uses two mooring technologies: CALM Buoy and Tower Mooring solutions. According to the developer, the system is aiming to alleviate