A keel-laying ceremony has been held in South Korea to mark the beginning of the formal construction of the Isle of Man Steam Packet Company’s (IoMSPC) new flagship ferry, Manxman. The keel-laying ceremony for the diesel-electric ferry took place at Hyundai Mipo Dockyard (HMD) in Ulsan on Christmas Eve. The
Southeast Asia’s oil & gas output unlikely to exceed 5 million boepd, Rystad says
An analysis of Southeast Asia’s combined oil and gas production in 2021 by the Norwegian energy intelligence firm, Rystad Energy, has shown that the output is not likely to rise above 5 million barrels of oil equivalent per day (boepd) in the post-Covid-19 era. Rystad Energy’s analysis from Thursday shows
Pavilion Energy to supply small-scale LNG to Hangjiaxin
Singapore-based energy solutions provider Pavilion Energy, a subsidiary of Temasek, and Chinese city gas distributor Zhejiang Hangjiaxin Clean Energy have signed a term deal for the supply of small-scale LNG from Singapore. Photo: Pavillion Energy Under the agreement, up to 0.5 million tonnes per year (mtpa) of LNG will be
Sumitomo, Oshima to develop ammonia-fueled bulk carrier
Japanese general trading company Sumitomo Corporation revealed plans to launch a full-scale project to design and develop an ammonia-fueled dry bulk carrier jointly with compatriot shipbuilder Oshima Shipbuilding. As informed, the duo will work on the design and development of an ammonia-fueled dry bulk carrier with the aim of completing
Höegh LNG charters FSRU to Compass’ Brazilian LNG terminal
Bermuda-based Höegh LNG Holdings has completed and signed all documentation for a 10-year FSRU charter with Terminal de Regaseificação de GNL de São Paulo S.A. (TSRP). This concludes the agreements for the binding Heads-of-Agreement unveiled in the interim results for the quarter ended 30 September 2021. TSRP is a subsidiary
KR grants AiP for two green ammonia-fueled ships
South Korean classification society Korean Register (KR) awarded approval in principle (AiP) to two green ammonia-fueled ships at KR’s Seoul branch office on 15 December. Image Courtesy: KR One of the ships is a 60,000 cbm ammonia-fueled ammonia carrier and the other is a 38,000 cbm ammonia carrier/bunkering ship, developed
Zvezda cuts steel for new Arctic LNG 2 carrier
Russian shipyard Zvezda Shipbuilding Complex held a steel-cutting ceremony for the third ARC 7 icebreaking LNG carrier for the Arctic LNG 2 project. Courtesy of Zvezda Shipbuilding Complex Zvezda started cutting steel for the sixth out of 15 ARC 7 ice-class LNG carriers. These Sovcomflot-ordered ships will serve the Arctic
Port of Gothenburg to save CO2 with hybrid service ship
During the second quarter of 2022, service ship Northern Skagerrak will be converted to a hybrid operation. It will collect oily engine room waste, known as sludge, from ships arriving at the Swedish Port of Gothenburg. Photo: Northern Energy & Supply The 700 dwt ship will run mostly using electric
Samsung Heavy bags order for LNG carrier
The year is not over yet for South Korean shipbuilder Samsung Heavy Industries (SHI) as it received an order for the construction of a liquified natural gas (LNG) carrier. Illustration; Courtesy of Business Wire On 24 December, SHI signed a shipbuilding contract with an undisclosed shipowner in Latin America. The
Sumitomo and Keppel O&M join in on ammonia bunkering in Singapore
Sumitomo Corporation and Keppel Offshore & Marine have signed a memorandum of understanding (MoU) to explore the feasibility and implementation of ammonia bunkering in Singapore. Illustration only; Courtesy of NYK Through this MoU, Sumitomo Corporation and Keppel O&M will work on the implementation of ammonia bunkering in Singapore. They are