Press

UK’s Centrica Energy and Spain’s Repsol have signed an LNG supply deal that will see Centrica purchase 1 million tons of LNG shipments between 2025 and 2027. Archive; Courtesy of Grain LNG According to Centrica, all of the cargos are expected to be delivered to the Grain LNG import terminal, …

The Australian state of New South Wales (NSW) and Japan’s capital Tokyo have signed two memoranda of understanding (MoU) that center on topics such as clean economy transition and hydrogen. Courtesy of NSW Department of Planning and Environment According to the NSW Department of Planning and Environment, the first MoU …

Spanish materials technology company Matteco has partnered with Siemens Energy and Horiba, as well as the Institute of Molecular Sciences (ICMol) of the University of Valencia, and the Helmholtz Institute Erlangen-Nuremberg for Renewable Energies (HI ERN) to develop a sustainable, efficient, and scalable electrolyzer that will reduce the cost of green hydrogen …

Japan’s Kobe-Osaka International Port Corporation is launching an initiative to showcase the operational prowess of hydrogen-fueled cargo handling machinery, marking a global first in converting a rubber-tired gantry (RTG) crane’s diesel engine generator to a hydrogen engine generator. Image credit: MOL The project is commissioned by the Kinki Regional Development …

Cool Company (CoolCo), an owner, operator, and manager of LNG carriers, has secured a new time charter agreement with Santos Shipping Singapore for one of its TFDE vessels that will undergo LNGe upgrades to reduce emissions. Courtesy of CoolCo The 12-month charter agreement is scheduled to commence in the first quarter …

Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. Image credit: Ports of Stockholm The partnership …

South Korean shipbuilding major Samsung Heavy Industries (SHI) has secured a contract to construct fifteen liquefied natural gas (LNG) carriers. Illustration; Archive; Courtesy of Samsung Heavy Industries The contract, worth KRW 4.57 trillion ($3.44 billion), is the largest single deal received by the shipbuilder, exceeding the KRW 3.96 trillion (around …

Qatar’s state-owned energy giant QatarEnergy has signed a 20-year sale and purchase agreement (SPA) with India’s Petronet LNG for the supply of 7.5 million tons per annum (mtpa) of LNG to the Republic of India. Courtesy of QatarEnergy The contracted LNG volumes from Qatar will be delivered ex-ship to terminals …

Classification society ClassNK has awarded an approval in principle (AiP) for the design of a prismatic ammonia fuel tank (IMO Type B independent tank) for containerships developed by Planning and Design Center for Greener Ships (GSC). ClassNK The Type B tank developed by GSC has been designed to ensure safe …

The Estonian State Fleet has won Approval in Principle (AIP) from Lloyd’s Register (LR) for a hydrogen fuel-cell ferry designed by Finnish ship design and engineering company Deltamarin. Image by Estonian State Fleet As part of the certification, LR approved the current stage of the design process to be suitable …

Babcock’s LGE business has won contracts to provide its liquefied petroleum gas (LPG) and ammonia cargo handling and fuel gas supply systems to Chinese shipyards. Illustration; Credit Babcock As informed, the contracts are for two mid-size LPG carriers for a Chinese shipyard and European owner plus six very large ammonia …

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has entered into a cooperation deal with prominent nuclear power companies Core Power and TerraPower to develop nuclear power for ships. Image only for illustration purposes; Image courtesy: Core Power The move is …