Finnish shipping companies ESL Shipping and Meriaura are participating in a consortium that recently launched the E-fuel research project in Finland. In January, the commercialisation of the electrofuel (e-fuel) production using sustainable electricity and sequestered carbon dioxide got a EUR 3.3 million boost in funding from Business Finland. Coordinated by
TECO 2030, an Oslo-based engineering and equipment development company, has partnered up with Thecla Bodewes Shipyards in Holland to develop zero-emission hydrogen-based fuel cell propulsion. The partners are set to focus on all types of river going vessels, such as push tugs, dredgers, passenger and cargo ships and low-profile coasters.
French industrial gases and services specialist Air Liquide and Germany-based energy technology company Siemens Energy entered a partnership for sustainable hydrogen production. Courtesy of Air Liquide The companies signed a memorandum of understanding with the goal to combine their expertise in PEM (proton exchange membrane) electrolysis technology. The companies will
Japanese shipping company NYK has placed an order for its first two liquefied petroleum gas (LPG) dual-fueled very large gas carriers (VLGCs) at Kawasaki Heavy Industries Ltd. Both ships will be built at the KHI Sakaide Works shipyard and are set for delivery in 2022. LPG-powered VLGC design; Image credit
Peninsula Petroleum, the global company in marine fuel solutions, completed a record-breaking first LNG bunker supply to its customer H-Line in Malaysian waters. Courtesy of Peninsula Petroleum Peninsula Petroleum, in partnership with Petronas Marine, launched an LNG bunkering business and successfully completed its first LNG bunker supply. This operation represents
According to the latest Australian Bureau of Statistics (ABS) figures, the total value of 2020 LNG exports was A$36.2 billion, down 25.5 percent from A$48.6 billion in 2019. Courtesy of Woodside Monthly revenue from LNG exports reached its low in September with A$1.8 billion. This was due to the lagged
Qatar’s Nakilat, the world’s largest LNG shipper, reported its highest profit since inception. Courtesy of Nakilat The Qatari LNG shipping giant posted a net profit of 1.16 billion Qatari Riyals ($318.9 million) for the year ended December 31, 2020. This is an increase of 15.7 per cent from the 1
Dutch ferry operator Rederij Doeksen officialy put its LNG-powered catamaran ferry Willem De Vlamingh into service. Courtesy of Rederij Doeksen The vessel will be operating on the connection between the Dutch islands of Vlieland and Terschelling. The ferry made its first official passenger service trip on 26 January 2021 on
Swedish ferry company Stena Line plans to start operating two fossil-free battery-powered vessels on the route between Gothenburg and Frederikshavn in Denmark no later than 2030. Image Courtesy: Stena Line This was announced by Stena Line’s CEO during a press conference about the industry collaboration project Tranzero Initiative, in Gothenburg
The United States liquefied natural gas (LNG) exports have been outstripping the exports of natural gas by pipeline recently. Courtesy of Cheniere According to the U.S Energy Information Administration’s Natural Gas Monthly LNG exports exceeded pipeline exports in November 2020 by 1.2 billion cubic feet per day. The first time
