GR Production Services, a wholly-owned subsidiary of GR Engineering Services, has secured a contract with INPEX Operations Australia to provide operations and maintenance support services to the Ichthys LNG upstream and downstream facilities. The three-year contract has an estimated value of $28 mil
The new wind- and hydrogen-powered containerships that will join Viasea Shipping’s fleet will be gradually switching to zero-emission operation depending on the hydrogen availability, the Norwegian shipping line said.
South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has received an order to build two liquified natural gas (LNG) carriers for an undisclosed shipowner from Africa.
South Korean shipbuilding major Hanwha Ocean has secured an order worth KRW 656.2 billion (around $498 million) to construct four very large ammonia carriers (VLACs) for Greek shipowner Naftomar Shipping and Trading. According to Hanwha Ocean, each VLAC will be able to transport 93,000 cubic meters
Japanese shipping company Mitsui O.S.K. Lines (MOL) and Kyushu Electric Power Co. have revealed that LNG-powered coal carrier Reimei was delivered and started operation on November 14.
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has confirmed the order for two new LNG-powered cruise ships at French shipyard Chantiers de l’Atlantique. The ships belong to MSC Cruises’ World Class series, which includes the already-delivered MSC World Europa and MSC World Amer
UK-based small-scale LNG company Avenir LNG has informed that its chief executive officer, Peter Mackey, will be stepping down from his position. On November 13, Avenir LNG revealed this management change, explaining that Mackey will remain with the company until the end of the first quarter of 2024
Dutch ammonia contractor Proton Ventures and Belgian tank specialist Geldof have been awarded a front-end engineering design (FEED) contract for what is said to be the first green ammonia terminal in Western Africa. Proton Ventures said the project marks a significant step towards exporting green am
After revealing plans to shift its business focus towards the LNG carrier sector, Capital Product Partners L.P. (CPLP) has now entered into an agreement to acquire eleven newbuild LNG carriers for a total price of $3.1 billion. On November 13, CPLP said it had entered into an umbrella agreement with
Dockendale Ship Management and Green Marine have created Dockendale Green Marine Ship Management, the world’s first ship management company exclusively dedicated to methanol-powered ships.
US-based tech provider Cummins has received £4.4 million (about $5.36 million) for its methanol retrofit kit as part of the Zero Emission Vessels and Infrastructure (ZEVI) competition funded by the UK Government.
Japan’s Yanmar Power Technology (YPT), a subsidiary of Yanmar Holdings, has made the first delivery of its newly commercialized maritime hydrogen fuel cell system. According to Yanmar, it was supplied to the passenger ship HANARIA, operated by MOTENA-Sea, a company backed by Mitsui O.S.K. Lines and
Elogen, a GTT Group company specializing in PEM electrolysis, has signed a partnership agreement with the French National Center for Scientific Research (CNRS) and Université Paris-Saclay to create a joint research laboratory and accelerate large-scale green hydrogen production. The parties formed t
Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough
