ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider, and PT Pupuk Indonesia, a state-owned fertilizer and chemical producer, are set to devel
Japanese shipping company NYK has entered into a time charter contract with compatriot Mitsui & Co., Ltd. for the transportation of ammonia. NYK revealed that the deal was signed in October and that it would use its Panama-flagged LPG carrier, the Berlian Ekuator, as the key vessel for the shipments
Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Jo
Centrica, a UK-based energy company, and Mitsubishi Power Europe, a power solutions brand of Japan’s Mitsubishi Heavy Industries (MHI), have signed a memorandum of understanding (MoU) to explore the development, construction and operation of Europe’s first-ever ammonia-fired power generation facilit
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 Chin
Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces to explore the adoption of clean ammonia as a bunker fuel for Ro-Ro cargo vessels. The agreement targets ports in Singapore and Jacksonville, USA, with plans set to kick in from 2027. T
Helbio, a wholly-owned Greek subsidiary of the Swedish manufacturer of energy systems for green hydrogen production Metacon AB, is changing its name to Metacon S.A., along with integrating the company’s operations into Metacon AB’s IT, branding and financial platform, thus consolidating Metacon as a
Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin
AFC Energy, a UK-based provider of hydrogen power generation technologies, has launched its first ammonia-to-hydrogen cracker demonstration plant. The plant, designed, built and commissioned by AFC Energy, is located in the UK and the ammonia is sourced from OCI Global, a producer and distributor of
Maersk-backed methanol developing and producing company C2X has teamed up with Spanish energy giant Cepsa to develop a green methanol plant in the port of Huelva, southern Spain. The project aims to reach an estimated annual production capacity of 300,000 tons of green methanol, which Cepsa calculat
The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co
Tanker operator Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea. The order has been placed by an affiliated company of Maersk Tankers, validating previous media reports. As disclosed, Japanese company Mitsui &
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 F
Mitsui O.S.K. Lines (MOL), Electricity Generation Authority of Thailand (EGAT), Mitsubishi Company, and Chiyoda Corporation have kicked off a feasibility study on establishing a clean hydrogen and ammonia value chain derived from renewable energy sources in Thailand. To mark the start of the feasibi
