Clean Fuel

Høglund systems for ESL Shipping’s electric hybrid coaster fleet
Høglund has been selected to supply hybrid and automation systems to six hybrid bulk vessels, with potential for six more.

World’s first full-scale offshore vessel charger to launch this year
Maersk Supply Service and Ørsted plan to launch the world’s first full-scale offshore charging station for vessels, at an offshore wind farm, in the third quarter of 2022. As part of the project, Maersk Supply Service has now launched its offshore vessel-charging venture, Stillstrom, to support the

Scandinavian Biogas expands largest Bio-LNG plant in northern Europe
Swedish biogas producer Scandinavian Biogas invests $32 million in the expansion of the Gladö Kvarn plant to meet the demand for Bio-LNG.

Ørsted partners with European steel producer
Ørsted and Germany-based steel producer Salzgitter AG have entered into a strategic partnership which will see the two companies working on establishing closed value chains in their business relationships, revolving around offshore wind and steel production. The companies have signed a memorandum of

Avenir LNG sells Avenir Allegiance, the largest LNG bunkering vessel
UK-based small-scale LNG company Avenir LNG has sold its 20,000 cbm Avenir Allegiance LNG bunkering ship to Shanghai SIPG Energy Service (SSES).

Dynagas LNG declares cash distribution on preferred units
Dynagas LNG Partners, a partnership formed by Greek shipping company Dynagas, has declared a cash distribution of $0.5625 per unit on its Series A Preferred Units.

In focus: Emission-reduction initiatives ramping up across offshore energy sectors
The COVID-19 pandemic may have transformed the way we live and work; however, the offshore energy sector seems to find its way through these challenges. A flashback to the week behind us reveals that new roadmaps to achieve net-zero goals are developed across various sectors, while new projects are

Avenir LNG adds to board
UK-based small-scale LNG company Avenir LNG says that Carlo Ravizza of Höegh Capital Partners has joined its board of directors.

HYON raises fresh funds to develop maritime hydrogen bunkering business
HYON AS, a Norway-based provider of zero-emission maritime hydrogen bunkering solutions, has announced the successful completion of a private placement of NOK 50 million ($5.6 million), valuing the company at NOK 130 million.

Seaspan’s dual-fuel LNG boxships to feature TMC eco-friendly compressors
Norway-based compressed air system supplier TMC Compressors (TMC) has secured a contract to deliver its eco-friendly marine compressed air system for the Hong Kong-based Seaspan Corporation’s containerships.

Höegh Autoliners seals deal for zero-carbon ready car carriers
Norwegian RoRo shipping company Höegh Autoliners has entered into a contract with China Merchants Heavy Industry (CMHI) for four fixed and eight optional multi-fuel and zero-carbon ready Aurora-class vessels.

SGMF covers safe LNG bunkering guidelines
UK-based NGO Society for Gas as a Marine Fuel (SGMF) has covered all aspects related to LNG bunkering in its publication with detailed guidelines.

Zhejiang Energy to take 10% stake in Russian Yakutia LNG
Chinese gas distributor Zhejiang Energy will acquire a 10 per cent stake in Russia’s Yakutia LNG project for $5.67 billion.

Golar’s LNGC spinoff firm CoolCo scores $570m loan
Bermuda-based LNG shipper Golar updates on its newly-formed company Cool Company (CoolCo) that will acquire its eight TFDE LNG carriers.