Business Developments & Projects
Titan delivers first LNG to P&O Cruises’ Arvia
Titan, the Dutch independent fuel supplier to the marine industry, has concluded the first liquefied natural gas (LNG) delivery to P&O Cruises’ second LNG-powered Excel-class cruise ship Arvia. According to a social media update from Titan, former Titan LNG, the LNG delivery was concluded last week
Noble jack-up rig spuds Shell’s high-impact gas prospect in North Sea
UK-headquartered energy giant Shell has kicked off drilling operations on a gas prospect in the North Sea, using a Noble-owned rig.
Russia’s Gazprom sets LNG production as the top priority
Russian natural gas supplier Gazprom has decided to set its liquefied natural gas (LNG) production as one of its top priorities. Gazprom’s board of directors expressed its approval of the company’s ongoing projects for the production and supply of LNG. The company noted that the creation of new capa
Maersk wants 25pct of ocean cargo to be transported with green fuels by 2030
Danish container shipping major Maersk has set ambitious 2030 targets as part of its 2040 decarbonization strategy that includes having at least a quarter of its ocean cargo transported with green fuels. “Nobody can predict the future, and there is still a lot of uncertainty. In the next 18 years, n
Plans laid for the world’s first tidal energy-powered deep sea container terminal
Centre Port Holdings, a UK-based marine and renewable energy infrastructure developer, has unveiled plans for a scheme that will use tidal energy to power a deep sea automated container terminal capable of processing between 1.5 and 4 million containers annually.
Flex LNG and Cheniere agree to extend charters for three LNG carriers
Norwegian shipping company Flex LNG has secured an extension of time charter agreements with Cheniere’s unit Cheniere Marketing International (CMI) for three liquefied natural gas (LNG) carriers. The new agreement extends the charter periods of Flex Endeavour, Flex Ranger and Flex Vigilant for up to
As gas flows from another well, Black Sea drilling campaign ‘off to a very strong start’
Trillion Energy has revealed the flow test results for the second well in its drilling campaign on a gas field in the Black Sea off Türkiye.
MSC looking at LNG and methanol retrofits
Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, is exploring retrofitting projects involving various types of fuels including LNG and methanol. The two solutions remain the key options for owners that want to act today on lowering their
Prysmian places order for new cable layer with VARD
Italian cabling giant Prysmian Group is investing approximately €200 million in a new cable-laying vessel which will be equipped with a battery pack for a total power of 3 MW. The new 170-meter-long vessel will be built by the VARD Group, a subsidiary of the Fincantieri Group, just like Leonardo da
Total Eren and VNG to collaborate on green hydrogen import to German and European markets
Germany’s gas company VNG AG and French renewable energy producer Total Eren have announced plans to collaborate on the development of green ammonia imports in Europe. In line with this, the companies have signed a cooperation agreement concerning the import of green hydrogen in the form of ammonia
Equinor unveils plan to invest over $1.4 bln in deepwater gas development
Equinor has submitted a plan for development and operation (PDO) of a deepwater gas discovery project in the Norwegian Sea.
Sunlit Sea moves to larger industrial facility as it looks to expand floating solar team
Norwegian company Sunlit Sea has moved its production facility to new premises as it looks to step up the industrialization of its floating solar technology.
MTF: Alternative fuel pilots and training are important for safe maritime decarbonisation
The Maritime Technologies Forum (MTF), founded by seven flag states and classification societies including DNV and Lloyd’s Register, has released a comprehensive assessment to compare the feasibility and readiness of alternative marine fuels. The forum was founded in 2021 and seeks to bridge the gap
New initiative launched to encourage ports to accelerate zero-emission efforts
Pacific Environment’s Ports for People campaign has launched a new initiative to assess port progress towards zero-emission shipping, P4P RePORT Cards.