The future EU fuel standard requirement should merely concern fuel suppliers and not vessels, the European Community Shipowners’ Associations (ECSA) pointed out. According to EU shipowners, the European Commission should address fuel suppliers by introducing sub-targets to make low- and zero-carbon fuels available for shipping and by increasing the multiplier
Gas infrastructure major, Fluxys noted it has reached a final investment decision to expand regasification capacity at the Zeebrugge LNG facility. Courtesy of FLuxys Belgium – P. Henderyckx The company said on Monday that the decision has been made following the success of a freshly closed open season process. “During
In support of the Biden Administration’s climate innovation agenda, the U.S. Department of Energy (DOE) has set aside up to $100 million in funding for transformative clean energy technology research and development via ARPA-E OPEN 2021 funding opportunity. Illustration/ORPC’s tidal energy technology. ORPC was supported in OPEN 2015 funding call
The Australian energy major Santos expects to recognize an impairment totaling $139 million following reserves review. Courtesy of Santos The expected impairments will be in addition to the US$756 million before tax impairment due to lower oil price assumptions included in Santos’ 2020 half-year results released in August 2020, the
Containerships, an Intra-European carrier and a subsidiary of the CMA CGM Group, recently took delivery of its fifth new containership powered by liquefied natural gas (LNG), the Containerships Borealis. Built at Guangzhou Wenchong Shipyard in China, the 1,400 TEU short-sea vessel is the first of two units to enter commercial operations
SolarMarine Energy, an Irish start-up based in Co Mayo, has designed an innovative floating hybrid renewable energy system which could offer sustainable low carbon solution for Irish coastal communities. Floating Solar Energy Hybrid Project illustration (Courtesy of The Marine Institute) The research and development project, dubbed Floating Solar Energy Hybrid
Canadian shipping company Canada Steam Ship Lines (CSL) and compatriot salt manufacturer K+S Windsor Salt Ltd. (Windsor Salt) have entered into a strategic partnership to build a new, eco-friendly self-unloading ship. The 26,000 dwt newbuild is intended for operation in the Gulf of St. Lawrence and Great Lakes region. The keel laying
Seaspan Corporation, a Hong Kong-based owner and operator of container vessels and a subsidiary of Atlas Corp, has ordered ten 15,000 TEU LNG-fuelled dual-fuel containerships from South Korean shipbuilder Samsung Heavy Industries (SHI). The newbuilds will be chartered out to Israel’s container shipping company ZIM Integrated Shipping Services (ZIM) and will
Following two years of research and confidential preparation, 30 European energy companies launched a hydrogen initiative named HyDeal Ambition. Courtesy of Enagas The goal of the partnership is to deliver 100 per cent green hydrogen across Europe before 2030. The project participant, Spain’s energy major Enagás said, the production of
Global Energy Group (GEG) has signed an agreement with ScottishPower’s newly established Green Hydrogen Business to explore the best solution to power the operations at the Port of Nigg with green hydrogen. The companies will undertake a feasibility study to assess the full potential range of processes that could be
Classification society RINA and the Shanghai Merchant Ship Design & Research Institute (SDARI) have signed a joint development project (JDP) agreement to develop a ship design capable of being fuelled by either ammonia or methanol. Image Courtesy: RINA Within the agreement, SDARI will focus on the ship concept development and design
Indonesia-based PaxOcean’s PT Graha Trisaka Industri shipyard signed a contract with Taiwan Navigation for the construction of five tugboats. Courtesy of PaxOcean The tugboats are set to serve the liquefied natural gas terminal currently under construction at the Kwun Tong Industrial Port. The five tugboats are based on the Robert