Israel-based company Electriq Global has received a €1.1 million grant from the Netherlands Enterprise Agency (RVO) for its proposed hydrogen powder manufacturing plant to be located in the Port of Amsterdam. Scheduled to begin operation in 2026, the hydrogen powder manufacturing plant is slated to
Greg Ebel, President and CEO of Canadian pipeline and energy company Enbridge, has urged Canada to show leadership to the world in lowering global emissions, reducing energy poverty and supporting the progress of Indigenous communities in the country. In an address to the Toronto Region Board of Tra
Monaco-based dry bulk shipping company Safe Bulkers has entered into contracts for the acquisition of two dual-fuel newbuild Kamsarmax class dry-bulk vessels as part of its fleet renewal strategy. The two 81,200 dwt vessels which are capable of running on methanol and fuel will be acquired at attrac
Safetytech Accelerator, a non-profit established by Lloyd’s Register, in collaboration with CoolCo, MOL and Shell International Trading and Shipping Company Limited, has chosen Green Instruments and Everimpact as the first two technology providers to be evaluated by the flagship Methane Abatement in
With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transi
The development of molten salt reactor technology for maritime use has taken a huge step forward with the successful start of pumped-salt operations at a dedicated facility in the US. Specifically, Southern Company, TerraPower and CORE POWER have kick-started pumped-salt operations in the Integrated
Gate terminal, a joint venture of Dutch gas operators Vopak and Gasunie, has selected Sacyr Engineering and Infrastructure to deliver the owner engineering services for the fourth LNG storage tank in the port of Rotterdam. The contract was awarded to Sacyr’s engineering subsidiary Sacyr Proyecta as
Classification society DNV presented Hanwha Ocean, the South Korean shipbuilder formerly known as DSME, with an Approval in Principle (AiP) for a 270,000cbm LNG carrier. The new 345m long LNG carrier by Hanwha Ocean was heralded as a “ground-breaking achievement” by Vidar Dolonen, Regional Manager,
South Korea’s shipping major H-Line Shipping and steel giant POSCO have joined hands with compatriot refiner GS Caltex to champion carbon reduction in the maritime realm by using marine biofuel. The three companies inked a Memorandum of Understanding (MoU) on October 5, 2023 in Seoul, signaling the
Canada-based Seaspan and global energy company AES have signed a memorandum of understanding (MoU) to collaborate on LNG bunkering business development. The companies signed the MoU in the framework of the 3rd International LNG Global Forum in Cartagena, Colombia, which took place from October 2 to
Malaysia’s state-owned energy giant PETRONAS has signed a Memorandum of Cooperation (MOC) with the Japan Organization for Metals and Energy Security (JOGMEC), and the Ministry of Economy, Trade and Industry (METI) on the cross-border CO2 transportation and storage. The agreement was signed at the 3r
Greek shipping company Tsakos Energy Navigation (TEN) has taken delivery of its first newbuild LNG-powered Aframax tanker. According to TEN, the Njord DF vessel is the first in a series of four high-spec eco-designed vessels built against long-term employment to a major European state-owned oil conc
J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) has confirmed a deal for the construction of two dual-fuel methanol chemical IMOII medium-range (MR) newbuilds. Boasting a 49,800 deadweight capacity, the ships will be built at Guangzhou Shipyard International (GSI) in China. Bot
Stakeholders in the shipping industry have collaboratively addressed the paramount safety challenges and best practices essential for integrating ammonia as an alternative marine fuel. Specifically, the stakeholders called for safe ammonia use during an event held on October 4, 2023, in Copenhagen,
