French company Lhyfe has started construction work for its new hydrogen production plant in Brake on the site located on land in the harbor area of Niedersachsen Ports (NPorts), Germany’s largest public seaport operator. Courtesy of Lhyfe The groundbreaking ceremony for the production facility is taking place today, February 1.
EU-backed project to convert bulk carrier to sail on climate-neutral fuels
A new e-fuels project has kicked off aiming to develop and convert a bulk carrier to run on climate-neutral fuels. Sand Topic; Image credit: AureliaDesign Led by Icelandic engineering company Verkís, the European GAMMA project, initiated in January 2024, involves retrofitting a TOPIC Fleet bulk carrier with innovative technologies to
Cradle-to-grave study highlights fundamental role of alternative fuels in emissions reduction
The majority of emissions are created during the operational period of a vessel’s life cycle but these can be reduced by approximately 90% through the use of zero- or low-carbon fuels, reveals the industry-first cradle-to-grave study carried out by Lloyd’s Register (LR) and partners to assess environmental impact across the
Euronav orders 4th ammonia-ready VLCC, charters out Suezmax duo as it exits transformative quarter
Belgian tanker major Euronav has placed an order for an additional dual-fuel ammonia-ready Very Large Crude Carrier (VLCC) at Qingdao Beihai shipyard in China, confirming previous broker reports on the deal. Image credit Euronav The order was placed in January 2024. Combined with the three orders announced in 2023, the
OX2, Ingka Investments expected to apply for second offshore hydrogen project in Sweden
Share this article OX2 and Ingka Investments are expected to submit an application for another offshore wind-to-hydrogen project to the Swedish authorities, after the partners recently applied for a permit to build a similar project off the coast of Blekinge. The second energy hub combining offshore wind energy and green
LNG-powered CMA CGM Belem launched in China
Chinese shipbuilder Hudong-Zhonghua has launched a newbuild 13,000 TEU LNG dual-fuel containership for French shipping giant CMA CGM. Courtesy of Hudong-Zhonghua The ship named CMA CGM Belem was launched four days ahead of schedule on January 29, 2024, at the Changxing Shipbuilding Base. LNG-powered CMA CGM Belem has a total
Singapore LNG Corporation appoints new CEO
Singapore LNG Corporation (SLNG), builder, owner, and operator of Singapore’s and Asia’s first open-access multi-user LNG terminal, has selected a new chief executive officer (CEO). Image courtesy of Singapore LNG Corporation SLNG revealed that Leong Wei Hung will succeed the current CEO Tan Soo Koong with effect from April 7,
Seanergy to pioneer Capesize hydrogen retrofit in EU funded project
Greek pure-play Capesize ship owner Seanergy Maritime Holdings Corp. has revealed that it will retrofit one of its existing Capesize vessels with hydrogen (H2) technology. Image for illustration purposes solely, Image credit Offshore Energy The project is being bankrolled through the European Union Funded SAFeCRAFT Project Consortium. Seanergy, through its
Galveston LNG Bunker Port project gains ground
Galveston LNG Bunker Port (GLBP), a joint venture between U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG, has secured a lease agreement with the City of Texas City for 140 acres of land on Shoal Point in Galveston County. Front gate view of the proposed
CMA CGM inks methanol retrofit deal with CSSC
French container shipping heavyweight CMA CGM and China State Shipbuilding Corporation’s Qingdao Beihai Shipbuilding Co. have sealed a contract for a containership methanol dual-fuel conversion project at Beihai Shipbuilding. Image credit: CSSC This collaboration emerges from a mutual alignment on sustainable shipping development goals, and a long cooperation between the
Japanese majors to develop next-gen eco-friendly VLCC, set to cut GHG emissions by 40%
Japanese maritime leaders Idemitsu Tanker Co., Iino Kaiun Kaisha, Nippon Yusen Kabushiki Kaisha (NYK), and Nippon Shipyard Co. have joined forces to create a consortium to design and build a low-emission Very Large Crude Carrier (VLCC). The consortium is targeting up to 40% reduction in greenhouse gas emissions for the
Nebula Energy buys majority stake in AG&P LNG for $300 million
Nebula Energy, a fully integrated investment management firm focused on LNG and CCS sectors, has acquired a majority stake in AG&P LNG, a subsidiary of AG&P Group and developer of LNG terminals and downstream infrastructure. Courtesy of AG&P LNG On January 31, Nebula Energy announced it is investing $300 million