“Catalytic ceramic membrane reactors allow us to generate hydrogen offshore via methanol-reforming or ammonia cracking and promote its application as a fuel,” said Mohit Jain, Research Associate at German Fraunhofer Institute for Ceramic Technologies and Systems (IKTS). Navingo BV At the Offshore Energy Exhibition & Conference (OEEC) 2023 in Amsterdam,
COSCO Shipping Energy picks methanol for six new tankers
Shanghai-listed China COSCO Shipping Energy Transportation has finalized strategic shipbuilding contracts for six new tankers worth a total of $449 million ( approximately RMB 2.9 billion). Illustration; Image credit Cosco Shipping Hainan COSCO Shipping Energy, the company’s subsidiary, signed contracts with Yangzhou COSCO Shipping Heavy Industry for the construction of
Report: Production starts at Russia’s Arctic LNG 2 despite US sanctions
Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported. Archive; Courtesy of Novatek According to Bloomberg, Russia’s Deputy Prime Minister Alexander Novak said in an interview with the state-run Rossiya 24 TV channel that the first
Wison Offshore & Marine rebrands to reflect changes in energy industry
China’s Wison Offshore & Marine has changed its name to Wison New Energies to “better represent” the company’s commitment to providing low-carbon technologies and solutions. Courtesy of Wison New Energies Wison said the name change reflects the company’s vision about energy challenges and how to address them, adding that from
Louis Dreyfus Armateurs picks CSSC Wuchang Shipbuilding for wind-powered ROROs
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
Kumul obtains funding to purchase PNG LNG stake from Santos
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
Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead
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
2023 in review: A transformative year for shipping and maritime
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
DIMATE’s tech to enhance inspection processes, hydrogen industry in focus
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
‘World’s first’ 700 TEU pure battery-powered containerships are here
China’s shipping company COSCO Shipping Development has taken delivery of two 700 TEU electric containerships built by COSCO Shipping Heavy Industry (Yangzhou), part of COSCO Shipping Group. COSCO On December 28, 2023, the newbuilds N997 and N998 were named and delivered in Yangzhou. They were named COSCO Shipping Green Water