The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2
Nigerian National Petroleum Corporation (NNPC) has signed a memorandum of understanding (MoU) with Norwegian Golar LNG, an owner and operator of marine LNG infrastructure, to build a floating LNG plant in Nigeria. The MoU was revealed in NNPC’s social media update which noted that the agreement was
Japan’s energy major JERA, through its subsidiary JERA Asia, has signed a memorandum of understanding (MoU) with Summit Corporation, a subsidiary of Summit Power International, a power producer in Bangladesh, to collaborate on the development of LNG supply, storage, and regasification. More specific
South Korean shipbuilding company Hyundai Mipo Dockyard, a part of HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), has received a contract to build four liquefied petroleum gas (LPG) carriers.
Danish container shipping major Maersk is set to commemorate a significant milestone in the maritime industry as it prepares to host a series of events celebrating the first-ever voyage of a container vessel powered by green methanol. The festivities, which will take place from September 18 to 21 in
Italian classification society RINA has issued an Approval in Principle (AiP) for the design of a 21,000 cbm ammonia-fueled bunker tanker jointly developed by shipping company Fratelli Cosulich Bunkers Singapore and vessel design specialist SeaTech Solutions. The AiP was issued in compliance with th
Danish shipping giant A.P. Moller Maersk and ANL, a subsidiary of French shipping major CMA CGM have signed a Memorandum of Understanding (MoU) to explore the commercial feasibility of establishing a green methanol bunkering hub at the Port of Melbourne.
Dutch tank storage company Royal Vopak and North American energy infrastructure company AltaGas have announced the execution of definitive agreements for a new 50/50 joint venture (JV) to further evaluate the development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied pet
Newbuild ordering in the tanker industry is picking up momentum with 17 new tanker orders placed last week, shipbroking reports show. Several big industry names make up the list of buyers, including Euronav, Maran Tankers, and Capital Gas, signaling renewed confidence in the industry’s future. The o
TotalEnergies Marine Fuels, a bunkering unit of French energy giant TotalEnergies, and the Cruise Divison of MSC Group have completed the first LNG bunkering operation at the Port of Marseille Fos in Southern France for the MSC World Europa cruise ship. LNG-powered MSC World Europa was delivered to
Singapore-based ship management company Eastern Pacific Shipping (EPS) has reportedly placed an order for four very large carriers (VLGCs), splashing $100 million apiece. According to broker reports, the company has placed an order for two dual-fuel 93,000 cbm VLGCs at Hyundai Samho and two more at
The companies BP, Gasunie, Nowega, NWO, Salzgitter, Thyssengas, and Uniper are connecting their hydrogen projects in north-west Germany to network Wilhelmshaven as a future location for hydrogen import and production with the industrial consumption centres in North Rhine-Westphalia and Lower Saxony.
South Korea’s flagship carrier HMM has signed a Memorandum of Understanding (MoU) with GS Caltex to secure marine biofuels. HMM said that it also plans to conduct the trial use of the fuels on its three 24,000 TEU containerships in the second half of this year. The marine biofuels comprise 30 percen
Italian operator of roll-on/roll-off (RoRo) ferries Grimaldi Group has selected Swiss energy storage solutions company Leclanché to supply battery systems for two of its latest hybrid vessels. Leclanché will supply lithium-ion (Li-ion) battery systems for the tenth and eleventh vessels (both 5 MWh e
