New projects in the transformation of the offshore energy sector are here. In this process, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. The European Union (EU) and Norway recently formed a Green Alliance to strengthen their
Knutsen LNG France, a part of Knutsen OAS Shipping, has taken delivery of Grazyna Gesicka, a 174,000 cbm LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. In a brief social media update, Knutsen LNG France said the LNG carrier was delivered on 28 April, bringing its RIF F
Singapore-based integrated LPG company Petredec Global has secured a $ 315 million loan from a syndicate of international banks to finance six 93,000 cbm VLGCs with dual fuel LPG propulsion. The ships are on order at Jiangnan Shipyard (Group) Co. Ltd and are expected to deliver throughout 2023 and e
French energy major TotalEnergies, classification society Bureau Veritas (BV), LNG containment specialist GTT and ship designer LMG Marine have joined forces to develop a large-scale liquid hydrogen (LH2) carrier.
Japan’s energy major JERA has signed a 20-year LNG sales and purchase agreement (SPA) with US LNG export project developer Venture Global CP2 LNG. Pursuant to the LNG SPA, JERA is expected to purchase approximately one million tonnes per year of LNG produced from the Venture Global-operated CP2 proj
ISH, a 137,500 cbm floating storage unit (FSU), has arrived at Atlantic Gulf & Pacific’s (AG&P) Philippines LNG (PHLNG) import terminal in Batangas Bay, bringing affordable and clean LNG to the country for the first time. Chartered by AG&P for a 15-year period from ADNOC Logistics and Services (ADNO
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raise
French engineering company Technip Energies has received Approval in Principle (AiP) from compatriot classification society Bureau Veritas (BV) for its Offshore C-Hub concept. Technip’s Offshore C-Hub concept is a floating vessel that receives liquid CO2 from shuttle tankers, provides buffer storage
Campaigning organisation Greenpeace has warned that gas companies are driving government policies that lock the US and Europe into hazardous new liquefied gas (LNG) commitments. In its latest investigation report “Who profits from war – How gas corporations capitalise from war in Ukraine,” Greenpeac
Norwegian cleantech company TECO 2030 has started manual production of hydrogen fuel cell stacks at its Innovation Center in Narvik, Norway.
A third dual-fuel very large crude carrier (VLCC), named Maran Danae, has been delivered to Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group. South Korean shipbuilder Samsung Heavy Industries (SHI) delivered the ABS-class vessel today, 27 April 2023, and the
The Global Centre for Maritime Decarbonisation (GCMD) has completed an ammonia bunkering safety study which opens the path to the first ammonia ship-to-ship bunkering in the Port of Singapore.
The Maritime and Port Authority of Singapore (MPA) and technology group Wärtsilä have inked a partnership deal that will focus on the introduction of next-generation renewable fuels, optimisation of digital port operations, and developing future talent. The duo has signed a Memorandum of Understandi
The fifth LNG dual-fuel 210,000 dwt bulk carrier built for Bermuda-based company Himalaya Shipping has been launched at New Times Shipbuilding (NTS) in China. Following the launch, the bulk carrier named Mount Matterhorn will now undergo fitting and finishing touches until its delivery in July. The
