The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Island-class vessel built by Damen; Image credit: BC Ferries Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is
LNG project developer Mexico Pacific has signed a third long-term sales and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific for an additional 1.2 million tonnes per annum (mtpa) of LNG from Train 3 of Mexico Pacific’s Saguaro Energia project located on the west coast of Mexico. With this agreement,
Shanghai International Port Group (SIPG), the exclusive operator of all the public terminals in China’s Port of Shanghai, and Taiwanese container shipping company Evergreen Marine recently signed a memorandum of cooperation on green methanol fuel supply for ships in the port. Illustration. Courtesy of Hudong-Zhonghua Shipbuilding Under the deal, SIPG
Turkish company BMA Technology has partnered with A2B-online and Sedef Shipyard on the construction of two methanol-electric containerships, each with a capacity of 650 TEU. A2B-online BMA Technology has provided a comprehensive suite of electrical solutions to power A2B-online’s forward-thinking initiative. This includes components such as Electric Drives, Motors, LI-ION batteries,
Corvus Energy, a supplier of energy storage solutions for the maritime industry, has secured funding for the integration of ammonia cracker technology with its hydrogen fuel cell system (FCS), the so-called Pelican Fuel Cell system. The Corvus Pelican Fuel cell. Picture: Corvus Energy The project funding is part of the Horizon
Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. Image by Hy24 The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fund builds on
Empresa Nacional del Petróleo (ENAP) and SAAM, through its tugboat division SAAM Towage, have signed a service agreement that will make Chile the first country in Latin America with an electric, emission-free tugboat. Sanmar As informed, the vessel will operate in Puerto Chacabuco, Aysén region. It will provide GHG emissions-free
Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more than tripled from 140,000 tonnes in 2022. This was revealed at the Singapore Maritime Foundation (SMF) New Year Conversations event held last week. During the
China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proman. Image credit: Stena Progressive The completion of this tanker
Lithuanian Klaipeda LNG terminal operator KN Energies, formerly Klaipedos Nafta, has announced that there is available unused LNG terminal capacity for booking. Archive; Courtesy of KN Energies The company said that, having received a request from one of the terminal users regarding the planned non-utilization of LNG terminal capacities, there