GTT sees high level of orders in Q1 2023, revenues of €80 million

French LNG containment specialist GTT has announced its revenues for the first quarter of the 2023 financial year. Archive / Courtesy of GTT It said that in Q1, it achieved revenues of €80 million and received a high level of orders, 25 LNG carriers and one FLNG. The delivery of …
Greek ship management company Alpha Gas has taken delivery of its new LNG carrier from South Korean shipyard Hyundai Samho Heavy Industries (HSHI). Energy Fidelity. Courtesy of Alpha Gas With a cargo capacity of 174,000 cbm, the LNG carrier Energy Fidelity is the newest addition to Alpha Gas’ in-house commercial and technical …
South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with compatriot specialty chemicals company LOTTE Fine Chemical for the marine transportation of ammonia. Image credit HMM The MoU also covers the bunkering of ammonia and methanol fuel and comes after HMM made a major order for methanol-powered …
The “transition” part of the energy transition is beginning to show a more defined shape with each passing day as witnessed in a week behind us that was filled with announcements favoring the net-zero future coming from governments and all the way to private offshore energy companies.
The Australian Petroleum Production & Exploration Association (APPEA) has thrown support behind the Climate Change Authority’s focus on carbon capture technology, after the importance of carbon capture utilisation and storage (CCUS) to reaching net-zero was highlighted in CCA’s new report, urging for more support to back the technology. Carbon capture and …
SOFEC, a MODEC Group company, has received approval in principle (AiP) from classification society DNV for its newly developed ammonia transfer system. Courtesy of MODEC The new ammonia transfer system uses two mooring technologies: CALM Buoy and Tower Mooring solutions. According to the developer, the system is aiming to alleviate …
Singapore-based shipbuilding company Strategic Marine has commissioned a study to compare the efficiency of traditional diesel-powered and hybrid-powered crew transfer vessels (CTVs). Courtesy of Strategic Marine The study will be conducted by the Maritime Energy and Sustainable Development Centre of Excellence (MESD CoE) at Nanyang Technological University, Singapore (NTU Singapore). …
Energy company RWE has announced that its pilot hydrogen plant project in Lingen, Germany, has reached a new milestone with the arrival of the first electrolyser modules for generating hydrogen at the construction site at the Emsland gas-fired power station. Courtesy of RWE RWE said that eight pressurised alkaline electrolyser …
Australian oil and gas E&P company Buru Energy, together with compatriot Transborders Energy, has completed a pre-feasibility study for a floating LNG (FLNG) plant solution for its large-scale Rafael conventional gas and condensate discovery in the Canning Basin. Illustration; Archive. Courtesy of Transborders Energy Buru Energy commissioned Transborders Energy to …
Danish naval architect company Knud E. Hansen has developed a new tanker vessel, designed specifically for the transportation of carbon dioxide (CO2). Image credit Knud E. Hansen The vessel concept is being released as the role of carbon capture and storage (CCS) continues to grow, especially in Europe as a solution necessary …
Avenir Marine, a wholly owned subsidiary of UK-based small-scale LNG company Avenir LNG, has started the delivery of LNG to Germany-based ferry owner and operator TT-Line in the Port of Trelleborg, Sweden. Courtesy of Avenir LNG The chilled fuel was bunkered into TT-Line’s RoPax ferries “Nils Holgersson” and “Peter Pan,” …
Italy’s Eni and Slovakia’s SPP have signed a memorandum of understanding (MoU) on commercial cooperation in the gas and LNG sector, aimed at identifying initiatives to contribute to Slovakia’s ability to diversify gas supplies. Courtesy of Eni Under the agreement, the two companies are expected to evaluate initiatives in the …