TGE Gas Engineering, an EPC contractor for the storage and handling of liquefied gases, is advancing the construction of the third LNG tank as part of the expansion project of the LNG terminal in Świnoujście, Poland. TGE Gas is building the LNG tank in consortium with Polish construction company POR
China Merchants Energy Shipping (CMES) has signed a long-term transportation agreement with a subsidiary of PetroChina for two of its LNG carriers under construction. According to a stock exchange filing, CMES signed the agreement with China Petroleum International (Hong Kong) on November 7, 2023. U
Ascenz Marorka, a subsidiary of French LNG containment specialist GTT, has signed a contract with Brunei Gas Carriers to provide its Amadi vessel with a comprehensive range of digital maritime services designed for LNG carriers (LNGCs). Encompassing the full spectrum of Ascenz Marorka’s ‘Smart Shipp
Energy tech major Baker Hughes and Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM) have signed a memorandum of understanding (MoU) to collaborate on future offshore floating LNG (FLNG) and onshore LNG projects. The parties signed the MoU on November 5, 2023, at the Chin
U.S. energy infrastructure company New Fortress Energy (NFE) has executed definitive agreements with the Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and funds managed by Lumina Capital Management and BTG Asset Management to fund up to $575 million in asset
Capital Gas Ship Management has taken delivery of the newbuild LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. Capital Gas announced the delivery of the vessel named Amore Mio I via social media on November 7, 2023. The LNG carrier has a cargo capacity of 174,000 cubic
New York-based tanker company International Seaways has exercised options for two scrubber-fitted, LNG dual-fuel ready LR1 vessels at Korean shipbuilder K Shipbuilding Co. The options were lifted in October bringing the ordering tally to four LR1 newbuilds at the yard worth approximately $231 millio
Maritime fuel supplier Peninsula has marked the beginning of the operation of its newest LNG supply vessel Levante LNG in the Mediterranean. The 12,500 cubic meter vessel arrived at the Mediterranean at the end of September and is now fully operational in the Strait of Gibraltar and Western Mediterr
German seaports believe they are well-positioned to be used as hubs for carbon management as part of the energy transition and a CO2 circular economy. However, they demand ‘a clear commitment’ from the federal government.
Norwegian shipping and logistic company Wallenius Wilhelmsen has ordered four methanol dual-fuel marine engines from German engine manufacturer MAN Energy Solutions. The engines are intended for the recently confirmed four 9,300 car equivalent unit (CEU) car carriers that will be built in China at t
NEOM Green Hydrogen Company (NGHC), a joint venture created by ACWA Power, Air Products and NEOM, has reached a milestone in the construction and development of the NEOM green hydrogen plant, by receiving its first delivery of wind turbines at the Port of NEOM in Northwest Saudi Arabia. NEOM said th
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has reached a new milestone in the construction of its third LNG-fueled cruise ship, MSC World America. MSC World America, which is currently being built by Chantiers de l’Atlantique, was fitted with LNG tanks, the cruise company sh
Finnish technology group Wärtsilä and Shipping Corporation of India (SCI) have signed a Memorandum of Understanding (MoU) to explore options for converting at least two SCI’s vessels to be capable of operating on green methanol.
Swiss freight-trading organization Cargill Ocean Transportation has become the newest member of the Methanol Institute, a global trade association for the methanol industry. Founded in 1956 in Geneva, Cargill Ocean Transportation charters around 650 vessels worldwide. According to Rakhi Rastogi, Shi
