Allseas is fitting three vessels with Kongsberg Maritime’s battery tech and intends to pursue hybrid power solutions for its other vessels.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a charter contract with Sakhalin Energy LLC, a new operator of Russian liquefied natural gas (LNG) plant Sakhalin II, for the LNG carrier Grand Mereya. The contract for the LNG carrier was signed through a subsidiary company 60% owned by
Sweden’s ferry company Gotland Company (Gotlandsbolaget) has unveiled the concept of Gotland Hydrocat, the world’s first large-scale, high-speed catamaran vessel powered by fossil-free hydrogen.
Danish shipping giant A.P. Moller – Maersk has ordered an additional six large ocean-going vessels that can sail on green methanol. The six vessels will be built by South Korean shipbuilder Hyundai Heavy Industries (HHI) and have a nominal capacity of approx. 17,000 TEU. They come with dual-fuel eng
Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have joined forces to develop the ‘world’s largest’ green hydrogen integrated project to help Europe mitigate its current energy and climate crisis. The first phase of the partnership will see joint development and investment in the s
The Bundesnetzagentur, German independent higher federal authority, considers the management concept of RWE and Uniper for the floating storage and regasification units (FSRUs) chartered by the federal government at the Brunsbüttel and Wilhelmshaven sites for a transitional period until the end of M
Subsea services provider Subsea 7 has contracted electrical integrator specialist Bakker Sliedrecht to equip its heavy construction / flex-lay vessel Seven Arctic with a new energy-saving system. The order for an energy storage system from Bakker Sliedrecht is a double first, according to the compan
The Finnish technology group Wärtsilä has partnered up Capital Gas Ship Management Corp. to develop a new Fleet Decarbonisation Programme aimed at boosting the efficiency of the company’s LNG carrier fleet. The agreement was signed in June 2022 and will be applied to a fleet of six 174,000 cbm LNG c
Countries should work harder to develop interconnections for renewable energy, allowing multiple nations to share larger production capacity and build stronger markets, according to a new report from a new group aiming to reshape major charter markets and accelerate the development of green fuels an
German engine manufacturer MAN Energy Solutions has signed a memorandum of understanding with American cruise company Norwegian Cruise Line Holdings (NCLH) for the retrofit of the four-stroke MAN 48/60 engine to dual-fuel operation.
French engineering company Technip Energies has secured a contract with chemical company INEOS for the proprietary equipment supply for INEOS Olefins Belgium NV’s Project ONE in Antwerp. Project ONE aims to build an ethane cracker in the Port of Antwerp with a nameplate capacity of 1450 kilotons of
Natural gas markets are expected to remain tight well into next year as Russia keeps curtailing natural gas flows to Europe which has pushed international prices to new highs, disrupted trade flows and led to fuel shortages, International Energy Agency (IEA) finds in its latest report. According to
Navigator Holdings Ltd., owner and operator of handysize liquefied gas carriers, has entered into a joint venture agreement with Hong Kong-based Greater Bay Gas. The joint venture, owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire a total of five ethylene vessels over the next fi
Hundreds of thousands of seafarers will require some type of new training by 2050 to be able to handle fuels such as ammonia, hydrogen or methanol and a significant number by 2030, initial findings of a massive study commissioned by the International Chamber of Shipping (ICS) show. The research stud
