Taiwanese container shipping major Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet. Ever Alot. Courtesy of Hudong-Zhonghua Shipbuilding The construction deal has been divided between industry major Samsung Heavy Industries (SHI), and Nihon Shipyard, a joint venture between Japan Marine United
LNG Shipping, a joint venture between Victrol and Sogestran, has launched Energy Stockholm, a liquified natural gas (LNG) bunker barge which will be chartered to Shell LNG B.V(Shell). Sogestran The 8,000 cbm bunker barge was launched on 11 July at RMK Marine’s shipyard in Tuzla. The vessel, dubbed Europe’s largest
French LNG containment specialist GTT has received an order from the Chinese shipyard Dalian Shipbuilding Industry & Co (DSIC) for the tank design of two liquefied natural gas carriers (LNGCs). Archive; Illustration; Courtesy of DSIC The order, received in the second quarter of 2023, came on behalf of CMES LNG
Canada Pension Plan Investment Board (CPP Investments) and hydrogen project developer Power2X have entered a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. According to the companies, the partnership plans to invest an initial €130 million to accelerate the growth of Power2X as a
The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest (EOI) to invite interested parties to submit proposals to design and promote adoption of full-electric harbour craft (e-HC) in Singapore. Illustration; Source: MPA Singapore The invitation, issued on 10 July, is expected to allow MPA to assess
German-based engineering company thyssenkrupp has floated its hydrogen business thyssenkrupp nucera on the Frankfurt Stock Exchange (Prime Standard), supporting the company’s growth in the hydrogen market. Courtesy of thyssenkrupp Specifically, the gross proceeds from the IPO of around €526 million will go to thyssenkrupp nucera and will be invested in
China Classification Society (CCS) has granted the first approval in principle (AiP) for ammonia and methanol valves in South Korea. CCS As explained, the AiP certificate was issued by Busan Branch of CCS. The approval was granted for engineering firm PK Valve & Engineering from South Korea. General Manager Tao
Saudi Arabia and France have agreed to strengthen their cooperation in the field of energy, acknowledging that energy is one of the main pillars of their mutual long-term partnership. Courtesy of Saudi Arabia, Ministry of Energy The two countries affirmed their commitments by signing a Memorandum of Understanding (MoU) on
Maritime fuel supplier Peninsula has completed its first sustainable biofuel delivery to Norden’s bulk carrier La Luna in Gibraltar. Peninsula Peninsula’s BIO blend (VLSFO B24) was derived from Used Cooking Oil (UCO) and delivered by the chemical tanker, Hercules Sky, one of the latest vessels to join the Peninsula fleet. Norden’s
German energy company RWE, Japanese trading company Mitsui & Co. and Port of Tilbury have joined forces to develop hydrogen projects at the port. Port of Tilbury As disclosed the project is a part of the recently signed Memorandum of Understanding (MoU) for two green hydrogen projects. Through the MoU,
U.K.-based energy company Centrica and U.S.-based LNG export infrastructure development company Delfin Midstream have entered a sale and purchase agreement (SPA) for 1 million tons per annum (MTPA) of LNG for 15 years on a free-on-board (FOB) basis at the Delfin Deepwater Port, located 40 nautical miles off the coast
Share this article BP, a global leader in the energy industry, has confirmed its participation at Offshore Energy Exhibition & Conference (OEEC) 2023. The company will join as one of the sponsors and exhibitors on what is already becoming a very exciting exhibition floor. Moreover, BP will take part in