Clean Fuel
Maersk issues 1st green bond to finance methanol-powered newbuilds
Danish container shipping and logistics giant A.P. Moller – Maersk has placed its inaugural €500 million ($567 million) green bond to fund the construction of its first feeder vessel and the series of 8 large ocean-going containerships which will be capable of operating on carbon-neutral methanol.
Novatek starts production at Kharbeyskoye field
Russian LNG major Novatek has started pilot production at Kharbeyskoye field, part of the North-Russkiy cluster.
HSHI picks GTT fuel tanks for 2 new LNG-powered container ships
South Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered fuel tank design from French LNG containment specialist GTT for two LNG-powered container vessels.
Euronav continues decarbonization journey with new biofuel trial
After successful completion of a B30 biofuel blend test on the Suezmax vessel Statia, Belgium-based tanker shipping company Euronav has now concluded a B50 biofuel blend trial on its Suezmax tanker Marlin Sardinia.
Hudong-Zhonghua holds naming ceremony for FSRU Transgas Force
Chinese shipbuilder Hudong-Zhonghua has held a naming ceremony for FSRU Transgas Force, the second FSRU it built for Greek shipping company Dynagas.
GIIGNL sets framework for reporting on GHG-neutral LNG cargoes
The International Group of LNG Importers (GIIGNL) has launched a framework for a consistent approach and transparent reporting on GHG emissions neutral LNG cargoes.
DSME orders GTT tank design for new LNG carrier
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design from French LNG containment specialist GTT for a new LNG carrier.
Gazprom and ENGIE join forces in reaching climate targets
Russian gas company Gazprom and French energy company Engie have discussed the important role of LNG as a source of clean and affordable energy in reaching Europe’s climate targets.
Repsol renames Canaport LNG as Saint John LNG terminal
Spanish oil and gas company Repsol has completed the acquisition of Canaport LNG from Canadian oil and gas company Irving Oil and has renamed it Saint John LNG.
Danaos Shipping joins Methanol Institute
Greek shipping owner Danaos Shipping has become the newest member of the Methanol Institute (MI), a global trade association for the methanol industry.
Facts and Factors: Green Hydrogen market to grow to $1.423m by 2026
According to Facts and Factors, the green hydrogen market size and share revenue are expected to grow from $755 million in 2020 to reach $1,423.2 million by 2026.
Grieg Edge picks LMG Marin to design green ammonia tanker
Naval architect company LMG Marin has secured a contract with Grieg Star Group’s innovation hub Grieg Edge to design one of the world’s first green ammonia fueled tankers.
Wärtsilä to launch 2-stroke future fuels conversion solution, test tech with MSC
Finnish technology group Wärtsilä revealed plans to commercially launch its Two-Stroke Future Fuels Conversion platform during the first quarter of 2022.
Semcon and Hystar collaborate on green hydrogen production tech
Swedish tech company Semcon and Norwegian company Hystar will jointly develop new technology for green hydrogen production to support future energy needs.