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Clean Fuel

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Navigator Gas signs gender diversity-linked loan facility agreement
Clean Fuel

Navigator Gas signs gender diversity-linked loan facility agreement

Navigator Gas, owner and operator of handysize liquefied gas carriers, has entered into a secured term loan facility which includes sustainability and gender diversity-linked performance indicators. The company entered into the facility agreement with among others, Nordea Bank Abp, ABM AMRO Bank N.V

about 3 years ago
Toro acquires LPG quartet
Clean Fuel

Toro acquires LPG quartet

Toro Corp., a tanker spinoff of U.S.-Listed Castor Maritime, has entered into agreements with an unnamed third-party to acquire three 2015 Japanese-built 5,000 cbm LPG vessels and one 2020 Japanese-built 5,000 cbm LPG vessel. The aggregate purchase price for the four LPG vessels is $70.7 million. Th

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about 3 years ago
DORIS wins FEED contract for XFuel’s modular energy conversion facilities
Clean Fuel

DORIS wins FEED contract for XFuel’s modular energy conversion facilities

XFuel, a sustainable drop-in fuels producer, has engaged DORIS, an engineering, advisory, and project management services company, to provide front-end engineering and design (FEED) support for its modular energy conversion facilities. DORIS said it will support XFuel’s in-house engineering team to

about 3 years ago
Corepower
Clean Fuel

Core Power breaches funding milestone of $100 million

The UK-based Core Power has reached its $100 million funding milestone to develop new nuclear technology for the maritime industry. The funding has been provided by the shipping industry, shipyards, shipowners, charterers, etc, according to the company’s CEO, Mikael Boe, with a large share coming fr

about 3 years ago
In focus: Strengthening cooperation on clean energy and environmental protection
Clean Fuel

In focus: Strengthening cooperation on clean energy and environmental protection

New projects in the transformation of the offshore energy sector are here. In this process, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. The European Union (EU) and Norway recently formed a Green Alliance to strengthen their

about 3 years ago
Knutsen welcomes LNG carriers for charters with ORLEN and Engie
Clean Fuel

Knutsen welcomes LNG carriers for charters with ORLEN and Engie

Knutsen LNG France, a part of Knutsen OAS Shipping, has taken delivery of Grazyna Gesicka, a 174,000 cbm LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. In a brief social media update, Knutsen LNG France said the LNG carrier was delivered on 28 April, bringing its RIF F

about 3 years ago
Kvasir Technologies
Clean Fuel

Maersk Growth invests in Danish biofuel producer

Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raise

about 3 years ago
BV approves Technip Energies’ floating CO2 storage and injection concept
Clean Fuel

BV approves Technip Energies’ floating CO2 storage and injection concept

French engineering company Technip Energies has received Approval in Principle (AiP) from compatriot classification society Bureau Veritas (BV) for its Offshore C-Hub concept. Technip’s Offshore C-Hub concept is a floating vessel that receives liquid CO2 from shuttle tankers, provides buffer storage

about 3 years ago
Greenpeace reports: Gas industry pushing US and Europe into hazardous LNG contracts
Clean Fuel

Greenpeace reports: Gas industry pushing US and Europe into hazardous LNG contracts

Campaigning organisation Greenpeace has warned that gas companies are driving government policies that lock the US and Europe into hazardous new liquefied gas (LNG) commitments. In its latest investigation report “Who profits from war – How gas corporations capitalise from war in Ukraine,” Greenpeac

about 3 years ago
Angelicoussis Group Maran danae
Clean Fuel

Maran Tankers welcomes 3rd LNG-powered VLCC into the fleet

A third dual-fuel very large crude carrier (VLCC), named Maran Danae, has been delivered to Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group. South Korean shipbuilder Samsung Heavy Industries (SHI) delivered the ABS-class vessel today, 27 April 2023, and the

about 3 years ago
MPA Singapore, classification societies join hands on decarbonisation and digitalisation
Clean Fuel

MPA Singapore, classification societies join hands on decarbonisation and digitalisation

The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2

about 3 years ago
Maersk
Clean Fuel

World’s 1st methanol-powered boxship readies for September christening in Copenhagen

Danish container shipping major Maersk is set to commemorate a significant milestone in the maritime industry as it prepares to host a series of events celebrating the first-ever voyage of a container vessel powered by green methanol. The festivities, which will take place from September 18 to 21 in

about 3 years ago
JV for large-scale LPG and bulk liquids export terminal launches in Canada
Clean Fuel

JV for large-scale LPG and bulk liquids export terminal launches in Canada

Dutch tank storage company Royal Vopak and North American energy infrastructure company AltaGas have announced the execution of definitive agreements for a new 50/50 joint venture (JV) to further evaluate the development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied pet

about 3 years ago
Euronav
Clean Fuel

Capital Gas, Euronav, and Maran Tankers lead the pack as last week’s tanker orders hit 17

Newbuild ordering in the tanker industry is picking up momentum with 17 new tanker orders placed last week, shipbroking reports show. Several big industry names make up the list of buyers, including Euronav, Maran Tankers, and Capital Gas, signaling renewed confidence in the industry’s future. The o

about 3 years ago