Japan’s Mitsubishi Heavy Industries (MHI) and several other Thai and Japanese organisations have signed a Memorandum of Understanding (MoU) to collaborate in a feasibility study for the introduction of ammonia co-firing at a coal-fired thermal power plant operated by BLCP, an independent power produ
The majority of the newbuilding tonnage ordered in 2022 was alternatively fuelled, according to the data from Clarksons Research. Insights from the shipbroker show that 61% of tonnage ordered last year (35% by number) was alternatively fuelled. Overall, 83.4 million dwt was ordered across vessel sec
Stolthaven Terminals and Taiwanese Revivegen Environmental Technology Co. LTD launched their joint venture on Thursday at a ceremony with Taiwan Cooperative Bank in Kaohsiung. The duo teamed up in 2021 with the intention to build a new greenfield terminal in Kaohsiung Port, Taiwan. The JV has been n
Norway-based H2Carrier has signed a memorandum of understanding (MoU) with Indian multinational conglomerate Larsen & Toubro (L&T) for cooperation in developing floating green ammonia projects for industrial-scale applications. H2Carrier is the designer and owner of the proprietary floating energy p
Vision Energy has incorporated new Dutch subsidiaries to accommodate strategic initiatives for prospective partners, operators, and launching customers for its integrated Green Energy Hub development in the North Sea Port of Vlissingen, the Netherlands. It incorporated Vision Hydrogen BV as a projec
South Korean shipbuilders secured the largest market share for high-value-added, eco-friendly vessel orders in 2022, bagging 58 percent of the total ordering tally for the year. This equals 149 vessels or 12.0 million compensated gross tonnage (CGT) out of 270 vessels (20.8 million CGT) ordered in 2
Japan’s first demonstration project for the production of low-carbon hydrogen and ammonia owned and operated by INPEX Corporation is progressing with new contracts awarded to JGC Corporation and Air Liquide. Specifically, JGC Corporation has secured a contract with INPEX for the construction of grou
As we entered into a new year, the mission remained the same. In the next twelve months, the offshore energy sector will continue to work on the steps to ameliorate immediate challenges and climate change impact.
To scale up its decarbonisation efforts by 2030, ADNOC has hammered out a multi-year action plan, allocating $15 bln for low-carbon projects.
The first of eight robotic vessels that will form part of Ocean Infinity’s high-tech Armada fleet has arrived in Norway for equipment installation. The vessel, built by Vard Vung Tau in Vietnam, arrived at Vard Søviknes for remote system outfitting and payload equipment installation. According to Oc
Norway’s H2Carrier and the Greenland-based company Anori have signed a Letter of Intent with the purpose of developing the first commercial offshore wind farm in Greenland as part of a project to produce and export green ammonia. The wind farm is projected to have a capacity of 1.5 GW and supply pow
Japanese shipping major NYK Line and its partners Nihon Shipyard (NSY) and IHI Corporation (IHI) have received Approval in Principle (AiP) from the classification society ClassNK for an ammonia floating storage and regasification barge (A-FSRB). The companies and ClassNK, which was in charge of the
Norwegian fertilizer company Yara International has revealed plans to modify its ammonia terminals in Germany, enabling them to handle up to 3 million tons of ammonia. According to Yara, this equates to roughly 530,000 tons of hydrogen and will help speed up the hydrogen economy in Germany. The comp
French shipowner Louis Dreyfus Armateurs, through its Louis Dreyfus Ports and Logistics (LDPL), has developed an innovative vessel design capable of storing and supplying hydrogen using green ammonia.
