GEV to fast-track new green hydrogen project with fresh capital
Australian energy company Global Energy Ventures (GEV) has received firm commitments to raise $10 million via a share placement to accelerate the development of a new green hydrogen export project located on the Tiwi Islands, Australia. As informed, the placement will comprise the issue of approximately 80.0 million new fully
Woodside sells 2nd Pluto LNG train stake to GIP
Australian energy major Woodside has entered into a sale and purchase agreement with Global Infrastructure Partners (GIP) for the sale of a 49 per cent interest of the second train at its Pluto LNG export facility. Courtesy of Woodside GIP buys 49 per cent of non-operating participating interest in the
In focus: COP26 shows world a glimpse of how it could be
In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies while investing heavily in clean
Carnival names 3rd LNG-powered cruise ship Carnival Jubilee
American cruise company Carnival Cruise Line has revealed the name of its third LNG-powered Excel-class cruise ship as Carnival Jubilee, setting sail in 2023. Courtesy of Carnival Cruise Line The 182,800 gross tonnage Carnival Jubilee joins sister ships Mardi Gras and Carnival Celebration. To remind, Mardi Gras is the first LNG-powered
Cheniere and Engie sign LNG supply agreement
U.S. LNG exporter and producer Cheniere Energy has signed a medium-term LNG supply agreement with French energy major Engie. Courtesy of Cheniere Under the deal, Cheniere is to supply LNG to Engie for a period of eleven years. Units of Cheniere revealed this in a letter to the U.S.. Department
DSME scores order for LNG carrier duo
South Korean shipbuilding company Daewoo Shipbuilding and Marine Engineering has received an order for two liquefied natural gas (LNG) carriers from Maran Gas Maritime, a subsidiary of the Angelicoussis Group, the largest shipping company in Greece. As disclosed, these ships will be built at the Okpo Shipyard and delivered to
Teekay LNG Partners tops off Norwegian bond offer
Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has priced NOK 1,000 million ($115,194) in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market. Courtesy of Teekay LNG Teekay is providing LNG and LPG services primarily under long-term, fee-based charter contracts.
World’s largest zero-emission sailing cargo ship to transport coffee beans
Canadian coffee roaster Café William has taken advantage of its partner Sailcargo’s presence at COP26 to announce its investment in the first zero-emission sailing cargo ship to transport its coffee beans from South America to its roasting plant in Sherbrooke, Quebec. Voilier Ceiba. Photo: CNW Group/Café William “This is a
MAN ES to provide propulsion system for Essberger’s dual-fuel chemical tankers
German engine manufacturer MAN Energy Solutions has secured an order for HyProp ECO propulsion solution to power four dual-fuel chemical tankers owned by Hamburg-based tanker operator John T. Essberger. In May this year, John T. Essberger signed final agreements with China Merchants Jinling Shipyard Dingheng Co. Ltd to build four
Purus Marine buys two LNG carriers
London-based maritime holding company Purus Marine has acquired two 180,000 cubic metres LNG carriers (LNGCs). Illustration only; Courtesy of Purus Marine Purus Marine owns environmentally-advanced vessels. It supports the maritime industry’s transition to a zero-carbon and sustainable future. Also, its climate target is for its fleet to achieve net-zero emissions