After booking import rights for three billion cubic metres of LNG on a long-term basis via the Hanseatic Energy Hub in Stade in December 2022, German energy company EnBW has now secured a further three billion cubic metres, thus doubling its future import capacity. Illustration / Courtesy of Fluxys The
OCI Global, a producer and distributor of nitrogen, methanol, and hydrogen products, and Petrofac, a service provider to the energy industry, have entered a partnership to deliver OCI’s programme of gasification-based green methanol projects. Illustration / Courtesy of OCI Global According to Petrofac, the programme will support the production of
Yara Clean Ammonia, a subsidiary of Norwegian fertiliser company Yara International, is joining forces with Leipzig-based gas company VNG in the field of clean ammonia that will actively support the implementation plans outlined in the German Hydrogen Strategy. Courtesy of Yara To this end, the companies signed an official cooperation
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering (KSOE) for their ammonia floating storage re-gasification unit (FSRU), the first of its kind in Korea. Image credit LR HHI’s ammonia-FSRU will store liquefied ammonia transported from production areas
Japanese shipping major NYK Line has taken delivery of the second of four LNG-fuelled pure car truck carriers (PCTC), named Wild Rose Leader. Image credit China Merchants Jinling Shipyard The 7,000-CEU car carrier was built by Chinese shipbuilder China Merchants Jinling Shipyard (Nanjing) Co. The four units were ordered by NYK
Energy company Idemitsu Kosan has signed a memorandum of understanding (MoU) with Korea Electric Power Corporation (KEPCO) to collaborate on the establishment of a blue/carbon-free ammonia supply chain in Japan and Korea. Courtesy of Idemitsu Kosan The companies will jointly do a study on the procurement, marine transportation, and supply
South Korean shipbuilding major Samsung Heavy Industries (SHI) has teamed up with a Denmark-based startup focused on nuclear reactor technology Seaborg Technologies and Korea Hydro & Nuclear Power (KHNP), an owner and operator of nuclear power plants, in a consortium that aims to develop floating nuclear power plants. Signing Ceremony
The European Union (EU) and Norway have formed a Green Alliance to strengthen their cooperation on clean energy and industrial transition as well as joint climate action and environmental protection efforts. European Union flag (Courtesy of the European Commission/Photo by Mauro Bottaro) The agreement was signed on 24 April in
As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. Illustration; Courtesy of CMA CGM The survey respondents expect their fleets to
Energy company Aramco has announced that a shipment of low-carbon ammonia has arrived in Japan for use as fuel in power generation. Courtesy of Aramco More specifically, this shipment, which is described as the first accredited low-carbon ammonia one to arrive in Japan, was transported to the Fuji Oil company’s
Energy companies RWE and Kellas Midstream have signed a memorandum of understanding (MoU) to explore the potential for large-scale green hydrogen production in Teesside, UK. Courtesy of RWE RWE said the hydrogen production site will be located close to emerging hydrogen infrastructure and will leverage each of the company’s leading
US-based LNG player Excelerate Energy has completed the purchase of the floating storage regasification unit (FSRU) Sequoia. Excelerate Sequoia. Courtesy of Excelerate Energy The FSRU was purchased for a price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands.