LNG exports from the U.S. increase week over week, with Henry Hub prices going up, according to weekly data from the Energy Information Administration (EIA). Courtesy of Cheniere In the latest Short-Term Energy Outlook report for the week between 29 July and 4 August, EIA reports 21 LNG vessels that
Danish vessel provider Esvagt and Norwegian shipbuilder Ulstein have entered into a contract for the conversion of two platform supply vessels to ERRV battery hybrid vessels. From left: Ove Dimmen and Rolf Ottar Rovde The shipbuilder said on Thursday that the two platform supply vessels ‘Hermit Fighter’ and ‘Hermit Prosper’
Qatar’s Nakilat, the world’s largest LNG shipper, and Norway’s classification society DNV have teamed up to improve software reliability and maintenance during vessel operations. Courtesy of Nakilat Critical vessel functions rely specifically on computerised software-based systems. Indeed, software failures or reliability issues can result in significant safety risks, as well
Singapore-based shipping company Phoenix Tankers, a subsidiary of shipping major Mitsui O.S.K. Lines (MOL) has signed a deal with Namura Shipbuilding Co. for the construction of very large gas carriers (VLGCs) to transport liquefied petroleum gas (LPG) and ammonia. As disclosed, Namura will construct the VLGCs at its Imari Shipyard(the
UK-based oil and gas major BP has signed agreements with new potential customers for its proposed clean hydrogen production facility in Teesside, north-east England. Courtesy of BP The company signed memorandums of understanding (MoUs) with four new potential customers for hydrogen produced by the facility. Accordingly, these will be used
Norwegian clean energy company Horisont Energi and the Port of Rotterdam have agreed on transporting blue ammonia from Norway to Rotterdam. Illustration only; Courtesy of Port of Rotterdam/Vopak Under the memorandum of understanding, the parties will explore a collaboration to ship blue ammonia. Their goal is to set up a
DEME has taken delivery of its giant new cutter suction dredger (CSD) Spartacus from Dutch shipyard Royal IHC. According to DEME, the Spartacus sets a new benchmark in the global dredging market – this is the world’s largest and most powerful self-propelled cutter suction dredger and the first able to
Australian energy giant Woodside has increased the cost estimate for the offshore as well as the onshore part of the Scarborough project development by five per cent as it is working to make a final investment decision this year. Scarborough and Pluto infrastructure; Source: Woodside The Woodside-operated Scarborough gas resource
South Korean shipping company Hyundai LNG Shipping has placed an order for an additional 174,000 cbm liquified natural gas (LNG) carrier with compatriot Daewoo Shipbuilding & Marine Engineering (DSME). As disclosed, the ship will be built at DSME’s Okpo Shipyard and delivered to the owner in May 2024. The contract’s
Kawasaki Heavy Industries, Yanmar Power Technology, and Japan Engine Corporation unveiled the launch of HyEng Corporation as part of their net-zero drive. Three Japanese marine engine manufacturers have joined forces to establish a new joint venture focused on the development of hydrogen-fuelled engines for the maritime industry. The companies have named