Shipping company Stena Bulk unveiled its product and chemical tanker prototype, the IMOFlexMAX, featuring dual-fuel LNG engines. Courtesy of Stena Bulk The company noted the vessel is able to reduce greenhouse gas emissions by more than 25 per cent compared to modern product tankers. The vessel, designed by Stena Bulk
The Australia Pacific liquefied natural gas (LNG) plant, run by ConocoPhillips, has shipped its 500th cargo of the fuel since it started operations in 2016. Image courtesy of ConocoPhillips Australia The 174,100 cubic meters CESI Tianjin loaded the milestone cargo and departed the Curtis Island facility near Gladstone on Thursday,
Eight UK organisations have signed new agreements to develop and provide renewable energy technologies, services and research in China. Aleron Group, Miros Scotland, ZOEX Wave Power, along with Logan Energy, REOptimize Systems, Anakata Wind Power and Blueprint Subsea signed memorandums of understanding during a virtual ceremony hosted in Yantai City,
Finland-based Yaskawa Environmental Energy / The Switch has signed a contract with US company Caterpillar (Cat) to deliver a package of electric drive train technology for a series of bulk carriers. Image Courtesy: Yaskawa Environmental Energy / The Switch As informed, the ships will feature Cat Marine’s Twin Fin concept,
The world’s biggest dual-fuel, low-speed engine WinGD X92DF has been officially launched in China, China State Shipbuilding Corporation revealed. The engine, approved by classification society BV, was developed by Winterthur Gas & Diesel (WinGD), a subsidiary of CSSC, built by Shanghai CSSC Mitsui Shipbuilding Diesel Engine Co., and guaranteed by
Origin Energy saw lower quarterly revenue from the Australia Pacific LNG project but it managed to renegotiate a crucial supply deal with China’s Sinopec. Image courtesy of ConocoPhillips Origin Energy, which holds a 37.5 per cent stake in the APLNG project, said Thursday the first price review under Sinopec’s long-term
Russian independent LNG export player Novatek has registered a new licence to underpin its liquefied natural gas expansion activities in the Arctic. Novatek’s unit Arctic LNG 1 registered licence number SLH 16637 NR for geological survey, exploration and production at the Bukharinskiy licence area on the Gydan peninsula. Novatek operates
Qatari maritime group Qatar Navigation (Milaha) Q.P.S.C. closed the first quarter of this year with a slight increase in its net income, driven by higher earnings of the company’s tanker and gas carrier business. Milaha’s net profit rose by 1.8 per cent to QAR 283 million (around USD 78 million)
State-run Qatar Petroleum said Wednesday it has entered into a deal to reserve LNG ship construction capacity in China to be used for ongoing North Field expansion projects. Image courtesy of Qatar Petroleum QP signed the deal with Hudong-Zhonghua Shipbuilding, a unit of China State Shipbuilding Corporation. The deal potentially