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Alternative Fuels

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QatarEnergy places $3.9 billion order for 17 LNG carriers at Korean shipyard
Alternative Fuels

QatarEnergy places $3.9 billion order for 17 LNG carriers at Korean shipyard

Qatar’s state-owned oil and gas company QatarEnergy has signed an agreement with South Korean shipyard HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers. The shipbuilding contract, valued at QR14.2 billion ($3.9 billion), was revealed on September 27, 2023, and is said to mar

about 3 years ago
DNV: Onboard CC and nuclear propulsion can compete with other decarbonization solutions
Alternative Fuels
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DNV: Onboard CC and nuclear propulsion can compete with other decarbonization solutions

Onboard carbon capture and nuclear propulsion, previously regarded as ambitious concepts, are not only mere contenders in the quest for cleaner shipping but formidable ones, fully capable of taking on established decarbonization solutions, according to the recent findings from DNV. DNV has conducted

about 3 years ago
MOL
Alternative Fuels

IEA: Methanol to take a backseat as ammonia blazes the trail in shipping’s decarbonization journey

In the ever-evolving quest to decarbonize the shipping industry, ammonia has emerged as the frontrunner, while methanol, despite its current hype, plays a comparatively smaller role, according to the International Energy Agency’s (IEA) 2023 Net Zero Roadmap report. The IEA’s 2023 Net Zero Roadmap se

about 3 years ago
Seafarers
Alternative Fuels

Seafarers’ unions strike deal for a 6 pct pay hike

Seafarers’ unions and maritime employers have signed a four-year agreement that will see significant wage increases and dozens of workplace protections and improvements for over 250,000 seafarers’ serving on more than 10,000 vessels. The International Bargaining Forum (IBF), the forum that negotiate

about 3 years ago
In focus: Is climate crisis a ‘fossil fuels crisis’?
Alternative Fuels

In focus: Is climate crisis a ‘fossil fuels crisis’?

With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from

about 3 years ago
MOL
Alternative Fuels

Are we ready for ammonia?

Over the course of the past year, the maritime industry has witnessed a remarkable surge in projects centered around ammonia as a sustainable ship fuel. Ammonia-powered ship types, fueled by zero-emission ambitions, have taken center stage at this year’s Gastech in Singapore, capturing the imaginati

about 3 years ago
ammonia
Alternative Fuels

Fertiglobe and AD Ports unite on ammonia storing and shipping

Fertiglobe, a strategic partnership between UAE’s ADNOC and Dutch OCI Global, has signed a non-binding memorandum of understanding (MoU) with UAE’s AD Ports Group to explore logistics and supply chain opportunities for storing and shipping urea and ammonia at ports in Egypt and the UAE. According to

about 3 years ago
Ammonia
Alternative Fuels

Next on the horizon: A naming ceremony for an ammonia-powered ship?

Thursday witnessed a momentous occasion in the annals of container shipping, one that reverberated with promises of greener, more sustainable days ahead for the maritime industry. The naming ceremony of the world’s first methanol-powered containership, the Laura Maersk, took center stage, signifying

about 3 years ago
In focus: Gas still runs the show but bets on hydrogen threaten to steal it
Alternative Fuels

In focus: Gas still runs the show but bets on hydrogen threaten to steal it

Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

about 3 years ago
In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals
Alternative Fuels

In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals

With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy

about 3 years ago
In focus: Are countries caught between energy security and net-zero pledges?
Alternative Fuels

In focus: Balancing act between energy security and net-zero goals

The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.

about 4 years ago
Francisco Boshell, during a live ZOOM call at the Offshore Energy 2020 conference
Alternative Fuels

Oceans Powering the Energy Transition: Progress Through Innovative Business Models

Francisco Boshell, Renewable Energy Markets and Standards Analyst, IRENA, shared his views on the role of oceans as a sustainable resource supporting the global energy transition. Offshore renewables are the key to reach our climate and sustainable goals, according to Boshell, who highlighted offsho

about 6 years ago
Fossil Energy editor Nermina Kulovich at the Offshore Energy stage presenting on The Role of Oil and Gas Industry in Energy Transition
Alternative Fuels

The Role of Oil and Gas Industry in Energy Transition

The oil and gas sector is joining the energy transition, with net-zero pledges from the big oil and gas names already widely familiar. While its move towards the fully green and clean side of things is being done slowly and safely, the industry has encountered a push or two from the circumstances ar

about 6 years ago
Highlights of the Week
Alternative Fuels

Highlights of the Week

MarineEnergy.biz has compiled the top news from marine energy industry from March 23 – March 29, 2020. https://marineenergy.biz/2020/03/27/scotland-awards-1m-for-wave-energy-research/ https://marineenergy.biz/2020/03/25/saltire-backs-atlantis-subsea-hub/ https://marineenergy.biz/2020/03/23/work-star

about 6 years ago