Canada-based Waterfront Shipping Company (WFS), a wholly-owned subsidiary of Methanex Corporation, has placed an order for eight new methanol dual-fuel vessels with South Korean shipbuilder Hyundai Mipo Dockyard. M/T Mari Couva Methanol Dual Fuel Vessel; Image by Waterfront Shipping The vessels will add to WFS’s existing fleet of 11 methanol-fuelled
Russia’s largest independent natural gas producer and LNG operator, Novatek, completed its first trial delivery of LNG to China in ISO containers. Illustration only (Courtesy of Novatek) Novatek said on Tuesday, its unit Novatek Gas & Power Asia, together with Japan’s Saibu Gas completed the first delivery of liquefied natural
Mitsubishi Heavy Industries has agreed to make a capital investment in green hydrogen and green ammonia projects developer in South Australia, H2U Investments. H2U Investments is the holding entity of the H2U Group. The H2U Group includes The Hydrogen Utility (H2U), an Australian developer of green hydrogen and green ammonia
Australian energy major Santos has announced its new ambitious emissions reduction targets which will culminate in reaching net-zero by 2040. Santos said on Tuesday that the company was on track to exceed its existing 2025 emission targets and net-zero target for 2050. The new reduction targets set by the company
CMA CGM Jacques Saade bunkered by Gas Agility in Rotterdam; Image by CMA CGM Alternative fuels are gaining traction in the maritime industry amid growing regulatory pressure and currently, they account for 3.5% of the fleet, and 27% of the order book by tonnage, data from Clarksons Research shows. Liquified
Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined a corporate-academic partnership in a zero-emission initiative called the Wind Hunter Project, seeking new applications for hydrogen fuel and wind power. The project intends to use its rigid, collapsible sail technology developed under the Wind Challenger project on vessels capable of
US LNG export project developer, Tellurian has appointed a new president and CEO, and added to its board of directors. The company said on Monday, it has appointed Octávio Simões as president and CEO, while Jonathan Gross and Jean Abiteboul have been named independent board members. Octávio Simões (Courtesy of
The government of Australia’s state of Victoria is pouring the first AUD 108 million (around € 67 million) from its clean energy 2020/21 budget into the first steps toward bringing new renewable energy and hydrogen projects, such as the country’s first offshore wind farm, to realisation. The funds will support
There is little doubt that the past few years have witnessed the rise of energy-related collaborations to an extent never seen before. This is because cross-industry collaborations seem to be crucial for companies to ride the energy transition train which is indeed moving very fast. The current energy transition can
Greece-based LNG shipper GasLog has reached a new milestone with its newbuild carrier, Gaslog Galveston. Courtesy of GasLog The vessel, with Hull Number 2301, built at the South Korean Samsung Heavy Industries yard, has wrapped up sea trials during the past week. GasLog Galveston, capable of transporting up to 174,000
The Finnish technology group Wärtsilä has been contracted to supply its technologies for two Finnlines ferries being built by China Merchants Jinling Shipyard (Weihai) in China. Courtesy of Finnlines The two Superstar vessels will operate between Finland and Sweden across the Baltic Sea. They will feature Wärtsilä 46F main engines,
