Damen Shipyards Group has reached a major milestone in the construction of its first fully-electric Reversed Stern Drive tug, having installed the tug’s batteries. Damen Song Cam Shipyard in Vietnam is constructing the RSD-E Tug 2513, named Sparky, for New Zealand’s Ports of Auckland. RSD-E Tug 2513 Sparky is being
Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has declared cash distributions on the Series A and B preferred units. Courtesy of Teekay LNG Teekay LNG is providing LNG and LPG services under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 23 mid-size
Germany’s engine manufacturer MAN Energy Solutions has completed the acquisition of the majority of shares in German hydrogen tech company H-Tec Systems, replacing GP Joule as the main owner. Courtesy of H-Tec Systems MAN Energy is increasing its share in H-Tec Systems, an electrolysis technology company, to almost 99 per
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. MOL Wind Challenger; Image by MOL Under its revised vision, released earlier today, the company has set sights on reducing
Greek gas grid operator DESFA has signed an agreement with Dioriga Gas, a unit of Motor Oil Hellas, for the FSRU project in the Gulf of Corinth, Greece. Courtesy of DESFA The advanced reservation of capacity agreement (ARCA) for the construction of the connections between the planned Dioriga Gas’ floating
Illustration; Image courtesy: Maersk Container shipping heavyweight Maersk is currently in discussions with equipment suppliers and yards on the order of a methanol-powered containership. The company announced plans to order the world’s first container vessel that can operate on carbon-neutral methanol in February 2021. Under the plan, Maersk plans to launch the carbon-neutral
The European Commission has approved €166.7 million ($ 198.9 million) Greek support measure for the construction of a new LNG terminal in Alexandroupolis. Courtesy of Gastrade Alexandroupolis Independent Natural Gas System (INGS) plans to develop a floating LNG terminal southwest of Alexandroupolis, Greece in the Aegean Sea. The project is
Illustration/Stolt Pride; Image credit Stolt Tankers Tanker operator Stolt Tankers, part of Stolt-Nielsen Limited, says initial results from a biofuel trial carried out by one of the company’s chemical tankers have been very positive. Specifically, the 37,000 dwt chemical tanker Stolt Inspiration recently completed her transatlantic voyage partly powered by a marine biofuel
The Finnish technology group Wärtsilä has signed several agreements to support LNG carriers owned by Qatar-based Nakilat. Courtesy of Wärtsilä Wärtsilä stated that the agreements were signed in April this year and that they will last for five years. Wärtsilä is the supplier of the LNG reliquefaction systems onboard all
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered the tank design of four new LNG carriers from the French LNG containment specialist GTT. Courtesy of GTT Hyundai Heavy Industries (HHI) has placed the order on behalf of a European ship-owner. GTT will design the tanks of the vessels, each
Norway-based classification society DNV has signed an agreement with Singapore’s Keppel Offshore & Marine for collaboration on the hydrogen value chain. Courtesy of DNV The collaboration wants to explore safe implementation of potential new technologies, working jointly with governmental agencies to promote hydrogen as an energy source in Singapore, in
