DAI Infrastructure GmbH and Freepan Holdings Corp have entered a ten-year green ammonia purchase agreement. The companies signed a Memorandum of Understanding (MoU) according to which Freepan will offtake 800 000 TPA of green ammonia. According to DAI, the green ammonia will be produced in East Port
Cool Company (CoolCo), an owner, operator and manager of LNG carriers, has entered into a new time charter agreement for one of its TFDE vessels. The multi-year charter with an undisclosed energy major starts early next year, upon redelivery from the vessel’s current charter. It will add backlog thr
UK-based HVDC cable company XLCC has completed model testing on its new cable laying vessel (CLV) that was announced last year and which will be deployed in the renewable energy sector. The vessel will feature battery energy storage systems and shore power to reduce fuel consumption and has been des
Ricardo, a strategic, environmental and engineering consulting company, is working with the Sustainable Hydrogen Powered Shipping (sHYpS) consortium to design and develop hydrogen fuel cell propulsion technologies to power the next generation of zero-emissions passenger ships. According to Ricardo,
Egypt has made a step towards establishing the country’s first green methanol production project which will include investments of about $450 million and produce 40,000 tons of green methanol per year. The joint development agreement for this project was signed on 14 May by Egypt’s Alexandria Nation
Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, Reuters reported a government source as saying. Two floating LNG terminals are to be sited at Mukran off the Rügen coast with an annual capacity of around 10 billion cubic metres (bcm), down from
Swiss marine power company WinGD said that its dual-fuel X-DF2.0 engines will power two newly delivered car carriers for Japanese ship owner NYK Line. The LNG-hybrid vessels feature emissions reduction technology, energy management, and digital optimisation solutions with the engine at the heart of
Jacksonville Port Authority (Jaxport) has facilitated the move of dozens of liquefied natural gas (LNG) storage tanks, owned by LNG supplier Eagle LNG Partners, through the port’s Blount Island Marine Terminal. According to Eagle LNG, half of the tanks will be used to temporarily increase storage at
French ferry operator Corsica Linea has awarded a ten-year Guaranteed Asset Performance (GAP) agreement to technology group Wärtsilä to ensure optimal performance of power systems onboard its new LNG-fueled RoPax vessel. The 206-metre-long ship named A Galeotta was built at the Visentini yard in Ita
Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Mariti
Chinese shipbuilder Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched the first 13,000 TEU containership powered by liquefied natural gas (LNG) for French shipping giant CMA CGM.
The Philippines and Indonesia, which are home to just under 21% of the world’s crew members, are taking action to support their seafarers in developing modern skill sets as shipping decarbonizes. With 252,392 of the world’s seafarers, 13.3% of global crew members, calling the Philippines home, the c
According to a new study “Global Hydrogen Market Forecast to 2050,” published by Rethink Energy, the energy intelligence arm of Rethink Technology Research, the emergence of a global hydrogen marketplace of about six times the current market size now looks inevitable. In the study, Rethink predicted
Cheniere Marketing International, a subsidiary of LNG producer and exporter Cheniere Energy, has signed a long-term LNG sale and purchase agreement (SPA) with the energy company Korea Southern Power (KOSPO). Under the SPA, KOSPO agreed to purchase approximately 0.4 million tonnes per annum (MTPA) of
