Norwegian RoRo shipping company Höegh Autoliners is considering a potential listing as it scales up green vessel investment plans as part of its decarbonization efforts. Namely, Höegh intends to invest in up to 12 Aurora class multi-fuel and ammonia ready vessels designed with a 9,100 car equivalent unit capacity. The company has
Algerian state energy company Sonatrach has closed its Skikda LNG facility after a technical issue had transpired. Skikda LNG; Courtesy of KBR The state-owned company said that a technical issue occurred on 11 June at the Skikda LNG facility, which led to its shutdown. The reported cause is a sudden
China National Petroleum International Corporation (CNPC) has inked a deal on the construction of three LNG carriers with Hudong Zhonghua Shipbuilding (Group), a subsidiary of China State Shipbuilding Corporation. Under the terms of the memorandum on construction, the vessels will boast the fourth-generation “Changxing Series” large-scale 174,000 cubic meter LNG ship
GasLog’s New York-listed spinoff GasLog Partners has signed a charter agreement for the Methane Heather Sally with U.S. LNG producer Cheniere. Methane Heather Sally; Courtesy of GasLog The Methane Heather Sally is a 145,000 cubic metres steam turbine LNG carrier. It was built in 2007 and it previously operated in
Japan’s Kawasaki Heavy Industries has decided to issue its first sustainability-linked bond amounting to JPY 10 billion ($90.8 million). As informed, Kawasaki plans to use the funds raised through public offering in the domestic market for projects to build a clean hydrogen supply chain and the popularization of the automated
The technology group Wärtsilä will supply the main engines and LNG fuel gas supply systems for two new LNG-fuelled escort tugs being built for Canada’s HaiSea Marine, a joint venture between the Haisla Nation and Seaspan Marine Transportation. LNG Pac; Image credit: Wartsila The two vessels will each be powered
Vinssen’s Hydrogenia, South Korea’s first commercialised hydrogen electric boat, has been revealed at the 2021 Busan International Boat Show. Courtesy of Danfoss Editron The Hydrogenia is developed by South Korean shipbuilder Vinssen. The development is part of South Korea’s 2030 Green Ship-K Promotion Strategy, which wants to increase the advancement
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has secured the order for two LNG carriers to be constructed by its unit Hyundai Heavy Industries. Courtesy of HHI The deal to build ten ships, of which two are LNG carriers, amounts to $1 billion (1.1 trillion won). The
US-based mobile energy supply company REV LNG has ordered modules to be used to transport renewable natural gas (RNG) from the global provider of clean fuel solutions Hexagon Agility. Courtesy of REV LNG REV LNG’s order for Hexagon Agility modules represents an estimated value of $7.8 million. REV LNG is
The ‘transition’ part of the energy transition is starting to show a more defined shape, and what the world’s path towards being net-zero one day entails, as concrete plans and initiatives increasingly emerge across the energy and transportation sectors. Judging by our headlines this week, in the years to come