Search results for: chile ammonia

624 results

A list of search results

  • Saudi Arabia and Korea shake hands on clean hydrogen cooperation

    26 October 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Transition

    Korea’s Ministry of Trade, Industry and Energy (MOTIE), energy institutions, and companies have signed two agreements and five memorandums of understanding (MoUs) with their Saudi counterparts to widen clean hydrogen cooperation. The agreements and MoUs were signed on October 22 on the occasion of the Korea-Saudi summit meeting in Riyadh. First, MOTIE’s Minister Bang Moon […]

  • In focus: Increase in fossil fuel production threatens global climate goals

    10 November 2023
    Authorities & Government, Carbon Capture Usage & Storage, Green Marine, Infrastructure, Research & Development

    Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new  2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough to avoid the worst effects of the climate change. […]

  • Wallenius Wilhelmsen lands lucrative contracts worth $1.2 billion

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

    Oslo-listed Wallenius Wilhelmsen has sealed two contracts worth over $1.2 billion with an unnamed global construction and mining equipment manufacturer and one of the largest automotive distributors in the Americas. The first multi-year shipping contract, valued at approximately $1 billion based on expected volumes is valid for three years with an optional two-year extension. The […]

  • Wallenius Wilhelmsen reveals another billion-dollar deal with biofuel included

    9 April 2024
    Business & Finance, Business Developments & Projects, Green Marine

    Wallenius Wilhelmsen secured a new contract worth more than $1 billion with a ‘leading global player’ in the premium car segment. The agreement covers both shipping and logistics services, as well as the use of biofuel.

  • Hanwha Ocean denies exit from container shipping sector

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

    South Korea’s shipbuilding major Hanwha Ocean, formerly known as Daewoo Shipbuilding, has denied recent media rumors and reports suggesting its exit from the container shipping sector. The Korean media had reported that Hanwha Ocean might discontinue the construction of container ships due to financial challenges and low profit margins. Reports further indicated that the company […]

  • TNPA selects operator for LNG terminal in South Africa

    11 January 2024
    Business Developments & Projects, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Transnet National Ports Authority (TNPA) has appointed the Vopak Terminal Durban & Transnet Pipelines (TPL) Consortium Venture as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay in South Africa. Specifically, following a procurement process through a ‘Request for Proposals,’ TNPA appointed the consortium venture […]

  • Singapore shipbuilder hands over new ‘cutting-edge’ vessel destined to work for Shell

    14 March 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    PaxOcean Group has delivered a new class of compact semi-submersible (CSS), which will work for Shell off the coast of Brunei.

  • Meeting IMO’s 2030 targets not out of grasp?

    22 December 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zero fuel usage by 2030 is not as elusive as […]

  • MODEC’s SOFEC wins green light for its electric charging buoy

    13 December 2023
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition

    SOFEC, a MODEC Group company, has been awarded Approval in Principle (AiP) by the American Bureau of Shipping (ABS) for its electric charging buoy. “As a part of SOFEC’s commitment to the energy transition and renewable energy, we are pleased to announce that ABS has awarded the newly developed electric charging buoy an AiP,” MODEC […]

  • Seaspan ventures into PCTC sector with Hyundai Glovis-backed deal for up to 10 ammonia-ready newbuilds

    5 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with China State Shipbuilding Corporation’s Shanghai Waigaoqiao Shipbuilding. The deal entails the […]

  • Maersk Tankers acquires Penfield Marine to create large-scale tanker company

    9 January 2024
    Business & Finance, Business Developments & Projects

    Danish tanker company Maersk Tankers has acquired US pool operator Penfield Marine to create a large-scale crude and product tanker company offering a wider range of services.

  • Deal signed for new hydrogen hub in Sarawak, Malaysia

    29 February 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy

    Clean energy solutions provider Gentari, through its subsidiary Gentari Hydrogen, has signed a heads of agreement (HOA) with SEDC Energy (SEDCE) for the joint development of a centralized hydrogen production hub in Sarawak’s Bintulu, Malaysia. The agreement for the production hub, to be known as the Sarawak H2 Hub, was signed on February 26, 2024, […]

  • First oil gushes out of ONGC’s deepwater development

    8 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    India’s ONGC has achieved the first oil from a deepwater block off the coast of the Bay of Bengal, which is said to be the largest bay water region in the world.

  • Masdar and CMA CGM forge green maritime fuels alliance

    30 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition

    Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Masdar revealed the agreement on January 30, stating that the partnership aims to source, supply, and deliver green alternative fuels for CMA CGM’s dual-fuel vessels in […]

  • Houston, Antwerp-Bruges ports and partners pen energy transition accord

    11 December 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofnet Exmar, and the Blue Sky Maritime Coalition. The partners […]

  • Singapore: Bunker sales of biofuels more than tripled in 2023

    16 January 2024
    Business Developments & Projects, Infrastructure, Ports & Logistics

    Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more than tripled from 140,000 tonnes in 2022.

  • Provaris and Norwegian Hydrogen bolster hydrogen alliance in Nordics

    16 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Green Marine, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Storage, Technology, Vessels

    Provaris Energy and Norwegian Hydrogen have entered an agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.

  • Cummins, partners get financial boost for methanol retrofit kit project

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

    US-based tech provider Cummins has received £4.4 million (about $5.36 million) for its methanol retrofit kit as part of the Zero Emission Vessels and Infrastructure (ZEVI) competition funded by the UK Government.

  • Metacon’s hydrogen generator HHG 50 receives approved CE marking

    1 December 2023
    Authorities & Government, Business Developments & Projects, Certification & Classification, Regulation & Policy, Rules & Regulation, Safety, Technology

    Swedish manufacturer of energy systems for green hydrogen production Metacon, through its subsidiary Helbio, has gotten approved CE marking of its hydrogen generator HHG 50 for the production of circa 50 Nm3 of hydrogen per hour. This type of unit is intended for the company’s demonstration plant in Kempten in southern Germany, where preparations for […]

  • Better contracting conditions and high activity back Fugro

    30 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Fugro’s revenue for the third quarter of 2023 is €608.9 million, an increase from €480.2 million reported in the same quarter of 2022 – a result said to be due to better contracting conditions, high activity levels and good project execution. Fugro reported that its revenue was up by 32.6% on a currency-comparable basis, by […]

  • New research project for wind-powered ships KSP WIND kicks off

    25 March 2024
    Business Developments & Projects, Collaboration, Project & Tenders

    Norwegian research organization SINTEF Ocean has launched the KSP WIND project dedicated to wind propulsion for merchant ships.

  • Decarbonization in shipping: More than fuel, it’s an attitude

    19 October 2023

    The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, General Manager of Euronav, Michail Malliaros and Vineet Mittal, Chairman of […]

  • Mittal: Shipowners need to start locking in long-term supply of green fuels

    19 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other sectors. This call comes amid promising developments in the […]

  • Huisman unveils new crane series for subsea operations

    24 October 2023
    Business & Finance, Business Developments & Projects, Equipment, Heavy lifting, Innovation, Outlook & Strategy

    The Netherlands-based Huisman is launching a renewed series of its subsea knuckle boom cranes for use in the subsea construction market, taking into account energy efficiency, automation and safety. The new, optimized series includes models starting from 85mt up to 350mt and covers both setups with a winch below deck as well as on the […]

  • EU-backed project to convert bulk carrier to sail on climate-neutral fuels

    1 February 2024
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Technology, Transition, Vessels

    A new e-fuels project has kicked off aiming to develop and convert a bulk carrier to run on climate-neutral fuels. Led by Icelandic engineering company Verkís, the European GAMMA project, initiated in January 2024, involves retrofitting a TOPIC Fleet bulk carrier with innovative technologies to demonstrate the feasibility of using e-fuels as an alternative to […]