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KfW IPEX-Bank to fund Smyril Line’s new e-methanol RoRo newbuilds

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Germany’s KfW IPEX-Bank has decided to support Smyril Line’s recently announced fleet-renewal program with a financing of €90 million. Courtesy of Smyril Line Headquartered on the Faroe Islands, the shipping company operates year-round transport between Denmark and the Faroe Islands, Iceland and the Netherlands. As informed, the funds will be

IHI allies with ST Engineering for greater adoption of sustainable solutions

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Japan’s IHI Corporation and Singapore’s ST Engineering have signed a memorandum of understanding (MoU) on the joint promotion of smart and sustainable solutions. Courtesy of IHI Corporation Specifically, under the MoU, the two parties will explore the application of their smart and sustainable solutions in new use cases and markets.

Danish firm rolls out energy-saving fuel supply system for methanol

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Danish engineering company Eltronic FuelTech has launched a new system for supplying fuel from tanks to engines of methanol-powered ships. According to the company, the system can reduce costs and save energy for shipping companies while enhancing safety. In the wake of the naming of Laura Maersk, A.P. Moller-Maersk’s first

Vitol Bunkers welcomes its first biofuel bunker barge in Singapore

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Vitol Bunkers, a wholly-owned bunker arm of energy and commodities company Vitol, has taken delivery of its first specialized biofuel bunker barge, Marine Future, in Singapore, bolstering its position in Asia’s biofuel bunker market. Courtesy of Vitol Built in China, the vessel is 102.6 meters long and can carry about

NOCC books ammonia-ready PCTC duo at CIMC Raffles

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Oslo-based shipowner Norwegian Car Carriers (NOCC) has entered into an agreement with CIMC Raffles Shipyard in China for the construction of two LNG dual-fuel, ammonia-ready car carriers. As informed, the newbuilding will have a capacity of 7,000 CEU. They will be able to run on liquefied natural gas. Furthermore, the

BOTAŞ and EGAS to enhance energy relations, LNG in spotlight

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Turkish natural gas company BOTAŞ and Egyptian natural gas company EGAS have agreed to strengthen their energy relations, putting an emphasis on natural gas and LNG trading opportunities, cooperation on natural gas infrastructure and underground storage, as well as sharing technical information and experience. Courtesy of BOTAŞ According to BOTAŞ,

Rotterdam on track to becoming truly sustainable port

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Despite a slight decline in total cargo throughput, 2023 was a year of success for the Port of Rotterdam which is making significant strides in becoming more sustainable. Courtesy of Danny Cornelissen/Port of Rotterdam Last year saw major investment decisions that are contributing to making the port and the logistics

Galveston LNG Bunker Port comes onboard SEA-LNG coalition

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Galveston LNG Bunker Port (GLBP), a joint venture between Seapath Group and Pilot LNG, has joined SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel. Galveston LNG Bunker Port facility render. Courtesy of GLBP By becoming a SEA-LNG member, Galveston LNG Bunker Port expects to further enhance the

Dual-fuel methanol offshore wind turbine installation vessel design gets ABS’ nod

21 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Classification society ABS has issued an Approval in Principle (AiP) to China’s Yantai CIMC Raffles Offshore for its design of a methanol dual-fuel, heavy-duty offshore wind turbine installation vessel (WTIV). Illustration of the wind turbine installation vessel (WTIV) design; Courtesy Yantai CIMC Raffles Offshore Ltd. “Support vessels like WTIVs are

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