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Report: Production starts at Russia’s Arctic LNG 2 despite US sanctions
Clean Fuel

Report: Production starts at Russia’s Arctic LNG 2 despite US sanctions

Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported. According to Bloomberg, Russia’s Deputy Prime Minister Alexander Novak said in an interview with the state-run Rossiya 24 TV channel that t

about 2 years ago
Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead
Clean Fuel
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Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead

The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. “2023 was a hugely significant year in the shippi

about 2 years ago
Wison Offshore & Marine rebrands to reflect changes in energy industry
Clean Fuel

Wison Offshore & Marine rebrands to reflect changes in energy industry

China’s Wison Offshore & Marine has changed its name to Wison New Energies to “better represent” the company’s commitment to providing low-carbon technologies and solutions. Wison said the name change reflects the company’s vision about energy challenges and how to address them, adding that from the

about 2 years ago
© Copyright Louis Dreyfus Armateurs / Airbus
Clean Fuel

Louis Dreyfus Armateurs picks CSSC Wuchang Shipbuilding for wind-powered ROROs

French maritime firm Louis Dreyfus Armateurs (LDA) has inked a construction contract with Chinese CSSC Wuchang Shipbuilding Industry Group for three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. The construction of the vessels has been commissioned by Airbus as part o

about 2 years ago
Santos signs P’nyang gas deal for PNG LNG
Clean Fuel

Kumul obtains funding to purchase PNG LNG stake from Santos

Papua New Guinea’s (PNG) Kumul Petroleum Holdings has secured funding to acquire 2.6% of PNG LNG stake from Australian energy company Santos. According to Santos, Kumul paid approximately $250 million into escrow with Santos as part payment of the purchase price and executed binding funding arrangem

about 2 years ago
2023 in review: A transformative year for shipping and maritime
Clean Fuel

2023 in review: A transformative year for shipping and maritime

In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf

about 2 years ago
DIMATE’s tech to enhance inspection processes, hydrogen industry in focus
Clean Fuel

DIMATE’s tech to enhance inspection processes, hydrogen industry in focus

Software technology company DIMATE is making its way into the clean energy services industry, including carbon capture and hydrogen, with its PACS (picture archiving and communication system) solution for end-to-end digitization of test processes on safety-relevant components with integration into c

about 2 years ago
containerships
Clean Fuel

‘World’s first’ 700 TEU pure battery-powered containerships are here

China’s shipping company COSCO Shipping Development has taken delivery of two 700 TEU electric containerships built by COSCO Shipping Heavy Industry (Yangzhou), part of COSCO Shipping Group.

about 2 years ago
Mein Schiff Relax
Clean Fuel

Fincantieri lands €415 million green loan

Italian shipbuilder Fincantieri has secured a “green” loan totaling €415 million intended for the construction of ‘low-carbon’ cruise ship Mein Schiff Relax. The loan is being provided by Intesa Sanpaolo’s IMI Corporate & Investment Banking Division and Cassa Depositi e Prestiti (CDP)- Mein Schiff R

about 2 years ago
China dominates global shipbuilding, South Korean giants expected to miss annual targets
Clean Fuel

China dominates global shipbuilding, South Korean giants expected to miss annual targets

China continues to assert its dominance on the global shipbuilding scene, China Daily reported citing data from the Ministry of Industry and Information Technology. China’s shipbuilding output surged by 12.3 percent year-on-year, reaching 38.09 million deadweight tons in the first 11 months of 2023,

about 2 years ago
Key milestone for Congo LNG project as Eni’s Tango FLNG receives first gas
Clean Fuel

Key milestone for Congo LNG project as Eni’s Tango FLNG receives first gas

Italian oil and gas company Eni has introduced the first gas into the Tango floating LNG (FLNG) facility moored in Congolese waters. Eni revealed this ‘key milestone for the Congo LNG project’ on December 28, 2023, noting that gas introduction has been achieved in record time – only twelve months af

about 2 years ago
New deal bolsters NFE’s presence in Brazil
Clean Fuel

New deal bolsters NFE’s presence in Brazil

U.S. energy company New Fortress Energy (NFE) has signed a definitive agreement to acquire a 1.6 GW capacity reserve contract (PortoCem PPA) from Ceiba Energy that will be transferred to new power assets connected to NFE’s existing LNG terminals in Brazil, enabling NFE to become “leading LNG-to-powe

about 2 years ago
Petronet LNG to set up LNG terminal on east coast of India
Clean Fuel

Petronet LNG to set up LNG terminal on east coast of India

Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India. According to Petronet LNG’s social media update, sub-concession agreement, sub-lease deed, and port service agreement with Gopalpu

about 2 years ago
Brazil
Clean Fuel

Brazil joins Clean Energy Marine Hubs Initiative

The government of Brazil has joined the Clean Energy Marine Hubs Initiative (CEM Hubs), an international public-private platform between energy, maritime, shipping and finance communities.

about 2 years ago