Norway’s government has received applications from five companies related to two areas on the Norwegian continental shelf to be allocated for the injection and storage of CO2. Carbon capture and storage; Source: NPD After being approached by several different players expressing a desire to be allocated areas for CO2 storage
Bermuda-based LNG shipper Golar has entered into a pre-commitment agreement for the newly-formed firm Cool Company (CoolCo) to acquire its eight TFDE LNG carriers. Courtesy of Golar LNG CoolCo wants to become a growth vehicle and consolidator of modern LNG carriers, Golar says. If the transactions defined in this agreement
Norwegian energy giant Equinor and French utility company Engie announce the H2BE project which aims to develop the production of low-carbon hydrogen from natural gas in Belgium. Courtesy of Equinor In February, Engie and Equinor signed an MoU to develop low-carbon hydrogen projects together. Now, the two companies move forward
Mitsui O.S.K. Lines (MOL) and Royal Vopak will jointly own MOL FSRU Challenger (soon renamed to Bauhinia Spirit) which will serve Hong Kong LNG Terminal Limited 1. Courtesy of MOL Japanese shipping major Mitsui O.S.K. Lines (MOL) and Dutch LNG tank storage company Royal Vopak announced the new agreement. According
Ammonia-fueled Newcastlemax bulker design from the ship management company Anglo-Eastern Technical Services (AETS) has received Approval in Principle (AiP) by the classification society American Bureau of Shipping (ABS). Source: ABS The vessel features a dual-fuel design and uses deck-mounted IMO Type C tanks under the accommodation block on each side,
Dutch dredging company Boskalis has taken delivery of its largest-ever consignment of drop-in biofuel which will be used to power two hopper dredgers on upcoming projects in northwestern Europe. The use of biofuel will result in a CO2 reduction of approximately 90% for the 12,000 cbm hopper dredger Willem van
In its new white paper on marine transport energy transition, TotalEnergies Marine Fuels forecasts the LNG bunker market could reach ten million tonnes a year by 2025. Courtesy of TotalEnergies The new white paper is called ‘The Drive for Cleaner Marine Fuels‘. It is offering shipping operators insights to navigate
NFE North Trading, a unit of U.S. gas-to-power developer New Fortress Energy, has signed a deal with LNG exporter Cheniere Energy for a six-year supply of LNG. Courtesy of Cheniere The parties reached this sale and purchase (SAP) agreement in August, according to a recently released letter to the U.S.
Eco-friendly hybrid-powered cruise vessel, Havila Capella, has begun its maiden voyage, Norwegian shipping company Havila Voyages informed. Havila Capella (Courtesy of Havila Voyages) To remind, the vessel is part of Havila’s contract with the Norwegian Ministry of Transport for the construction of four environmentally-friendly vessels that will operate on the Bergen-Kirkenes coastal
South Korea-based K Shipbuilding has received Approval in Principle (AiP) from the classification society American Bureau of Shipping (ABS) for its methanol fuel-ready medium range tanker design. Courtesy of ABS The AiP was granted after a five-month joint development project between ABS and K Shipbuilding evaluating various aspects including storage,
London-based energy and marine consultancy AqualisBraemar LOC (ABL) has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard. Courtesy of AqualisBraemar LOC ABL Group bought the UK operations of OSD-IMT for an undisclosed cash amount from the previous owner Damen. The
Tokyo-based firm e5 Lab Inc. and shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, have teamed up to design “ROBOSHIP”, a standard hybrid-electric propulsion vessel, for a 499-tonne biomass fuel carrier being built by Honda Heavy Industries. Conceptual Graphic Image of ROBOSHIP. Photo: MHI As explained, the duo