Hamina liquefied natural gas (LNG) terminal, the first LNG import terminal in Finland connected to the transmission network, has received the first commercial LNG carrier. On 22 October, an LNG cargo ordered by the Estonian energy company Alexela from the Zeebrugge LNG terminal in Belgium arrived at
The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.
French LNG containment specialist GTT has received two approvals in principle (AiP) from classification societies DNV and Bureau Veritas (BV) for its three-tank LNG carrier design. According to GTT, the technological solution aims to increase the profitability and overall performance of the vessel.
The Italian shipping company Grimaldi Group has signed an order for the construction of five new Pure Car Truck Carriers (PCTCs) with China Merchants Heavy Industries Jiangsu, which is part of China Merchant Industry Holdings. The agreement foresees an option for additional five units, for a total i
Athens-based Capital Ship Management Corp. has welcomed into the fleet M/T ‘Alterego’, a second of two ammonia and LNG fuel-ready sister ships delivered in 2022. The 300,000 dwt, eco-type crude oil, scrubber-fitted VLCC tanker was built by Hyundai Samho Heavy Industries, South Korea. The first vesse
Heavy lift vessel (HLV) Jumbo Jubilee has completed a transatlantic voyage to and around the USA powered mostly with biofuels.
The Port of Amsterdam has signed a Memorandum of Understanding (MoU) with tank storage company Evos and liquid organic hydrogen carriers (LOHC) pioneer Hydrogenious to develop large-scale import facilities for hydrogen at the port of Amsterdam. The facilities will comprise a LOHC dehydrogenation pla
French and Belgian energy infrastructure operators GRTgaz and Fluxys Belgium have decided to launch a feasibility study for the cross-border hydrogen transmission network, following a market call that raised interest from 17 companies. GRTgaz and Fluxys Belgium conducted consultations in France and
Switzerland-based engine developer WinGD has been selected to provide dual-fuel engines to power QatarEnergy’s LNG carrier newbuilds. WinGD’s latest generation of X72DF-2.1 engines will power 25 vessels as part of QatarEnergy’s North Field East (NFE) project, the biggest LNG carrier newbuilding proj
The discussion around the decarbonization of the shipping industry is moving into a new stage and the issue is no longer around whether to decarbonize, but rather how to decarbonize the sector as efficiently and sustainably as possible. The industry stakeholders know that they would need to transiti
The government of the Federal Republic of Germany has signed a five-year contract with the US-based liquefied natural gas (LNG) company Excelerate Energy to charter the floating storage and regasification unit (FSRU) Excelsior. The government chartered the FSRU to help provide energy security and su
The Netherlands has become the first European country to issue green Guarantees of Origin for hydrogen, following a pilot test conducted by the hydrogen exchange initiative HyXchange. The system for issuing green hydrogen certificates is operational as of October this year. The system was evaluated
Seapeak, formerly known as Teekay LNG Partners, has entered into a deal with Jaccar Holdings to acquire Danish shipping company Evergas for $700 million. Evergas owns and operates two very large ethane carriers and eight multigas/LNG carriers. All are on fixed-rate time charters to Ineos and are cap
The upcoming liquefied natural gas (LNG) terminal in Bar, Montenegro, will serve Balkan countries, playing a crucial role as an LNG storage provider and distributor to provide energy security in the context of the current energy crisis, LNG Alliance said. Currently, there is no operating LNG termina
