Search results for: chile ammonia

624 results

A list of search results

  • Fortescue to acquire 12.5% ownership interest in Norwegian Hydrogen

    27 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Fortescue, a global green energy, metals and technology company, has invested close to NOK 100 million ($8.9 million) to become a shareholder in Norwegian Hydrogen. The investment will see Fortescue acquire a 12.5% ownership interest in Norwegian Hydrogen, becoming the third largest shareholder. Fortescue Energy CEO Mark Hutchinson said: “Climate change is here now, and […]

  • Silk Alliance outlines implementation plan for green corridor cluster

    31 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vessels

    Members of ‘The Silk Alliance’ cross-supply chain industry partnership, initiated by the Lloyd’s Register (LR) Maritime Decarbonisation Hub, have issued an open letter to drive actions to accelerate the green corridor cluster in Singapore. The letter outlines an implementation plan with key milestones and actions to achieve before the end of the decade. The aim […]

  • Alphaliner: 83% of container carriers ordered in 2023 green

    29 November 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    ‘Green’ ships accounted for 83% of container carrier capacity ordered in the first nine months of 2023, according to the data from Alphaliner. The newbuilding surge saw the addition of 187 vessels, equivalent to 1.75 Mteu of fleet capacity. Notably, carriers themselves have predominantly initiated these orders rather than tonnage providers. As a result, the […]

  • Thanks to over $0.5 billion loan, Trafigura enables Japanese utility player to get  LNG imports

    5 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders

    Trafigura has received a loan from JBIC to fund a Japanese utility company’s needs for LNG imports on a term basis.

  • Canada backs World Energy GH2’s green hydrogen project with $95M

    4 March 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development

    The Government of Canada has agreed to support the development of Project Nujio’qonik, the country’s first commercial-scale green hydrogen/ammonia facility on the west coast of Newfoundland and Labrador. To this end, World Energy GH2, the developer of Project Nujio’qonik, and Export Development Canada (EDC), on behalf of the Government of Canada, have signed definitive agreements […]

  • HD KSOE won orders for 25 ships since the beginning of 2024 worth over $2.15 billion

    12 January 2024
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    HD Korea Shipbuilding & Marine Engineering, the holding entity of HD Hyundai Shipbuilding Division, has kickstarted the year on a high note with a flurry of orders. Namely, since the beginning of the year, the South Korean shipbuilding major has signed construction contracts for a total of 25 ships worth approximately $2.15 billion (KRW 2.8218 […]

  • Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead

    3 January 2024
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. “2023 was a hugely significant year in the shipping industries decarbonization pathway, with […]

  • LR to class Capital’s ammonia-ready LCO2 Carriers

    29 November 2023
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Lloyd’s Register (LR) classification society is joining hands with Greek shipowner Capital Gas Ship Management (Capital) and South Korean shipbuilding major Hyundai Mipo Dockyard (HD HMD) on the construction of two ammonia-ready 22,000m3 low-pressure LCO2 carriers set to be delivered in 2025 and 2026. The two new carriers will be developed for Capital’s gas carrier […]

  • Höegh Autoliners’ first LNG-powered Aurora-class PCTC hits the water in China

    29 January 2024
    Business Developments & Projects, Vessels

    Norway-based shipping company Höegh Autoliners has revealed that its first LNG-powered Aurora-class PCTC was floated out of the drydock in China.

  • Hanwha Ocean develops smart ship tech for CII monitoring

    21 February 2024
    Technology, Vessels

    South Korean shipbuilder Hanwha Ocean has developed a smart ship technology that monitors a vessel’s carbon intensity index (CII). 

  • Sixth ammonia-ready Armada vessel joins Ocean Infinity’s fleet

    24 October 2023
    Vessels

    Houston-based marine robotics company Ocean Infinity has taken delivery of its sixth out of eight new high-tech, ammonia-ready Armada vessels.

  • ČEZ books capacity at LNG Stade terminal in Germany

    24 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    Energy conglomerate ČEZ Group has contracted a long-term annual capacity of 2 billion cubic meters at the LNG Stade terminal in Germany, strengthening the energy security of the Czech Republic. The capacity at the terminal has been leased for 15 years, with an option to extend this to 25 years in connection with the future […]

  • DNV: Orders for alternative-fueled vessels grow, methanol in spotlight

    10 January 2024
    Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    According to the latest stats from DNV’s Alternative Fuels Insight (AFI) platform, a total of 298 ships with alternative fuel propulsion were ordered in 2023, with methanol going mainstream. The classification society revealed that by a small margin, methanol proved the most popular alternative fuel choice in 2023 with 138 ships ordered (excluding methanol carriers), […]

  • Chinese duo eyes hydrogen, ammonia and methanol maritime opportunities

    23 April 2024
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development, Storage

    CEEC Hydrogen Energy has signed a strategic cooperation agreement with Headway Technology Group (Qingdao) on cooperation in hydrogen.

  • Seatrium scoops contract for TMS Cardiff Gas LNG carriers repairs and upgrades

    2 February 2024
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Operations & Maintenance, Outlook & Strategy, Vessels

    Singapore’s Seatrium, previously known as Sembcorp Marine, has secured a favored customer contract (FCC) with Greek shipping company TMS Cardiff Gas for the repairs and upgrades of LNG carriers. Seatrium announced the contract via social media update on February 2, saying it will carry out repairs and upgrades of 17 LNG carriers over three years. […]

  • Cyprus-based firm pools resources with UK player to widen its offshore energy market reach with two vessels

    17 April 2024
    Business & Finance, Business Developments & Projects, Vessels

    Pelagic Partners has invested in two PSVs, joining forces with UK’s Borealis Maritime and thus boosting its offshore energy asset exposure.

  • Stena Bulk bids farewell to its last LNG tanker

    19 April 2024
    Business & Finance, Business Developments & Projects, Vessels

    Sweden’s Stena Bulk has no more LNG carriers in its fleet after selling the remaining one to an undisclosed Asian buyer.

  • Australia’s $2 billion Hydrogen Headstart program reaches new stage

    26 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart program. The applicants include: Together, the applicants are said to represent a total electrolyzer capacity of over 3.5 […]

  • Wärtsilä cargo handling, fuel supply systems for Avance Gas carriers

    14 December 2023
    Business Developments & Projects, Equipment, Infrastructure, Technology, Vessels

    Finnish technology group Wärtsilä has been contracted to supply the cargo handling and fuel supply systems for four new 40,000 cbm gas carrier vessels.

  • Euronav wins green light for CMB.TECH’s acquisition

    12 February 2024
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Euronav NV, the Belgian tanker shipping company, has secured approval for the acquisition of 100% of shares in cleantech maritime group CMB.TECH during a Special General Meeting held on February 7, 2024. The transaction, valued at $1.150 billion in cash, comes at a time of strategic transformation for the company. “This is an important step […]

  • H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark

    15 January 2024
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy

    H2 Energy Europe, a builder of hydrogen ecosystems in Europe, has obtained environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. The approval issued for the facility, which will have a 1 GW electrolysis capacity, is said to be a significant milestone, bringing the project closer to a final investment decision (FID). […]

  • Pertamina and Karpowership forge LNG and alternative fuels alliance

    4 December 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Research & Development

    Indonesia’s PT Pertamina International Shipping (PIS), a subsidiary of PT Pertamina (Persero), and Turkey’s Karpowership have formalized a general partnership agreement (GPA) to develop sustainable energy infrastructure in Indonesia. Under the GPA, which was formalized during the COP28 in Dubai on Friday, December 1, the entities will join forces to explore and implement various initiatives […]

  • SCZONE, Scatec ink $1.1 billion MoU for green bunkering in East Port Said

    4 December 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy

    On the sidelines of COP28, a $1.1 billion memorandum of understanding (MOU) for green bunkering in Egypt has been signed.

  • South Korea to pump $545M into next-gen shipbuilding tech, carbon-free fuels

    15 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has revealed its plans to invest KRW 710 billion ($544 million) into next-generation shipbuilding technology and carbon-free fuels.

  • HD Hyundai rolls out low-carbon electric propulsion system for large ships

    3 November 2023
    Business Developments & Projects, Green Marine, Innovation, Research & Development, Technology, Vessels

    South Korean shipbuilding giant HD Hyundai has developed its own low-carbon electric propulsion system for very large crude carriers (VLCCs).