India to reach climate targets before the set deadline
NextDecade, Bechtel extend Rio Grande LNG deal validity
8
Mar
US LNG export project developer, NextDecade Corporation has extended the validity of the EPC deal for its Rio Grande LNG project. Courtesy of NextDecade The company said on Monday, 8 March, that with Bechtel it has completed a pricing refresh on the fully wrapped lump-sum turnkey (LSTK) engineering, procurement, and
Petredec lifts option for three more LPG-powered newbuilds at Jiangnan
8
Mar
Petredec Holdings (Eastern) PTE Ltd has exercised the option to construct an additional three 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard. The ships are expected to deliver in June, August and September 2023. The order comes on the back of an announcement made in early
Stena Bulk rolls out InfinityMAX hybrid bulk carrier concept design
8
Mar
Swedish tanker shipping company Stena Bulk has unveiled a new concept hybrid bulk carrier design in an effort to push the shipping industry’s boundaries for zero-carbon, multimodal vessel design. The InfinityMAX concept, which is designed to carry both dry and wet cargoes in modular compartments, is built with several new
Altera takes delivery of sixth LNG-fueled shuttle tanker
8
Mar
Altera Infrastructure, previously known as Teekay Offshore, has taken delivery of its latest LNG-fueled shuttle tanker, Altera Wind. Courtesy of Altera Infrastructure The company noted in a brief statement that it is the sixth and last vessel in the series built by the South Korea’s Samsung Heavy Industries yard. The
Alfa Laval begins testing new fuels to support shipping’s transition
Linde to supply liquid hydrogen for Norled’s ferry
8
Mar
Industrial gases and engineering major Linde has been selected by Norwegian ferry operator Norled to supply liquid hydrogen and related infrastructure to the world’s first operational hydrogen-powered ferry. Courtesy of Linde The company will provide a full service solution to the MF Hydra ferry in Norway. Liquid hydrogen will be
MOWI buys green LNG through the Powerzeek Energy Platform
8
Mar
Online marine and land transportation fuel acquisition platform Powerzeek reports that Mowi, the world´s largest salmon producer, bought 200 tons of green LNG through CleanCombo. Courtesz of Powerzeek Powerzeek´s CleanCombo is a new bundled product where the partners of the Powerzeek community are connected to provide a complete clean energy
Höegh LNG to go private with Morgan Stanley deal
8
Mar
Norwegian floating LNG player Höegh LNG has set forth a merger plan with funds managed by Morgan Stanley Infrastructure Partners. Courtesy of Höegh LNG Under the agreement, recommended by Höegh LNG principal shareholders Leif Höegh & Co. (LHC), a joint venture between LHC and MSIP, Larus Holding, will acquire the
Eastern Pacific sets path to switch to methanol and ammonia as marine fuels
8
Mar
Singapore’s Eastern Pacific Shipping (EPS) has signed a Memorandum of Understanding (MOU) with Dutch OCI N.V. and engine manufacturer MAN Energy Solutions to develop methanol and ammonia as marine fuels. Under the MoU, the partners will select conventional vessels from EPS’ existing tanker fleet that use MAN engines to be