The Port of Rotterdam has announced a port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the Zero Emissions Maritime Buyers Alliance (ZEMBA). The Port of Rotterdam highlighted ZEMBA’s recent launch of a request for proposals for the transport of 600,000 twenty-foot c
UK shipowner Carisbrooke Shipping has signed a shipbuilding contract with Dutch shipbuilder Thecla Bodewes Shipyards for the construction of a Labrax 7,280 dwt diesel-electric multipurpose dry cargo vessel. The ship will be fitted with a diesel-electric propulsion system in combination with the adva
Geneva-based energy trading firm Gunvor Group and Norwegian shipping company Solvang ASA have formed a joint venture to own and operate next-generation eco-vessels for the liquefied petroleum gas (LPG) market. The joint venture has placed an order for five very large gas carrier (VLGC) newbuilds wit
Norwegian Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), via its subsidiary WINGAS, have signed a transaction term sheet for the delivery of green hydrogen. Gen2 Energy said the sheet defines the terms and conditions for a final sales and purchasing agreement and represents a major ste
U.S. KBR has signed a memorandum of understanding (MoU) with Italy’s SolydEra to offer an integrated solution for producing lower-cost clean ammonia using renewable energy. Under the terms of the MoU, KBR will integrate SolydEra’s solid oxide electrolysis (SOE) technology into its proprietary K-Gree
Green Ships AS, a consultancy company specialized in the designing and building of ‘green’ vessels, and Bourbon Horizon AS, an international offshore shipping company, have signed a Memorandum of Understanding (MoU) with Amogy, the provider of ammonia-to-power technology, for the supply of its techn
Texas-based energy company NextDecade has officially started the construction of Phase 1 of the 27 million tonnes per annum (mtpa) Rio Grande LNG export facility in Brownsville. To mark the official kick-off, the groundbreaking ceremony was held on October 3, 2023, in the presence of the project’s p
A recent study, titled “CII and EU Maritime Decarbonization,” conducted by the research center CE Delft on behalf of the Environmental Defense Fund Europe, found that if European policymakers required ships to achieve top performance (A, B) in climate label Carbon Intensity Indicator (CII), ships co
U.S. energy technology company Baker Hughes has received a letter of award from ADNOC Gas, for and on behalf of Abu Dhabi National Oil Company (ADNOC), to provide two electric liquefaction (e-LNG) systems for the Ruwais LNG project in the United Arab Emirates (UAE). Baker Hughes said the LNG trains
U.S. energy major ExxonMobil has chosen compatriot investment company BlackRock as the potential buyer for its majority stake in Italy’s Adriatic liquefied natural gas (LNG) import terminal, according to Reuters. Reportedly, the stake sale drew interest from infrastructure funds and international gr
Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaug
C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has signed a framework agreement with the Egyptian government to enable and accelerate large-scale production of green methanol in Egypt. C2X’s ambition is to have a produc
Dubai energy trader BGN has inked a landmark agreement with Indonesia’s state-owned PT Pertamina International Shipping (PIS) for collaboration on gas vessel transportation. The move is expected to reinforce BGN’s position as an emerging maritime asset player in the LPG market and strengthen LPG sup
Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export-Import Bank of the United States (US EXIM), to supply European customers with LNG. The company said the facilities will exclusively be used
