Indonesian state-owned oil and gas company Pertamina has signed a deal with Abu Dhabi-based Masdar Clean Energy to develop clean energy solutions in Indonesia. Courtesy of Pertamina Specifically, the parties have signed a memorandum of understanding. It focuses on joint exploration of the development of floating and solar power plants
The Port of Newcastle has teamed up with Macquarie Group’s Green Investment Group to launch a feasibility study into the development of a green hydrogen hub at the port. As informed, the partners have also signed memoranda of understanding (MoU) with Idemitsu, Keolis Downer, Lake Macquarie City Council, Snowy Hydro and Jemena,
State-owned petroleum firm QatarEnergy has placed the first batch of liquified natural gas (LNG) shipbuilding orders with Korean shipyards as part of its plans to meet future LNG carrier requirements. Courtesy of QatarEnergy According to QatarEnergy, formerly known as Qatar Petroleum, the order includes four vessels from Daewoo Shipbuilding &
Korea Maritime & Ocean University developed two new heat recovery systems that can boost energy efficiency in LNG ships. Illustration only; Image by KSOE Using LNG as fuel can help ships reduce their ghg emissions. However, LNG ships are currently inefficient, with massive heat losses. Thus, university researchers developed new
U.S. LNG exporter and producer Cheniere Energy has signed a long-term sale and purchase agreement (SPA) with the Chinese state-owned energy company Sinochem Group. Illustration only; Courtesy of Cheniere The parties signed the agreement for a term of approximately 17.5 years. Under the SPA, Sinochem will buy an initial volume
During the COP26 conference, nations are expected to speak out their ambition towards mitigating climate change. These pledges will have an effect on the offshore energy and maritime industry. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a
Towage services provider KOTUG International will use Shift Clean Energy’s new PwrSwäp clean energy service — which is based on swappable batteries on a pay-as-you-go basis — on KOTUG’s E-Pusher vessels. Photo: KOTUG As explained, the combination supports the maritime industry in meeting its environmental, social and governance (ESG) objectives
Chinese shipyard Hudong-Zhonghua Shipbuilding has ordered the tank design for a new LNG carrier from French LNG containment specialist GTT. Illustration only; Courtesy of Hudong-Zhonghua Shipbuilding Hudong-Zhonghua Shipbuilding (Group) is building this new LNG carrier on behalf of the leasing entity of the Chinese CSSC Group. GTT will design the
U.S. shipyard Fincantieri Bay Shipbuilding will build a 5500 cubic metres LNG bunkering barge for PNE Marine, an affiliate of NorthStar Midstream’s unit Polaris New Energy. Courtesy of Vard Marine Northstar Terminals focuses on the production and delivery of LNG as a clean fuel through its subsidiaries. To clarify, these
Keppel Infrastructure, Incitec Pivot and Temasek have signed a deal to look into producing green ammonia from Australia’s hydrogen hubs in order to export it internationally. Illustration only; Courtesy of NYK There is an urgency to develop alternative sources of low carbon fuel options to decarbonise maritime and other transportation
Japanese shipping major Mitsui O.S.K. Lines (MOL) has taken delivery of methanol-fuelled methanol carrier Capilano Sun from South Korean shipyard Hyundai Mipo Dockyard. As disclosed, the 186-meter long vessel can run on either heavy oil or low-environmental impact methanol fuel. The vessel will be chartered from Hisafuku Kisen K.K. and Canadian
