As it is estimated that investments amounting to a whopping $10 trillion are needed for the U.S. to reach its net-zero by 2050 goal, Wood Mackenzie, an energy intelligence group, looks into four technology pillars that would enable the U.S. to reap the benefits of the provisions within the Inflation
OCI Global, a producer and distributor of hydrogen-based products, and Lotte Fine Chemical, an ammonia distributor based in South Korea, have signed a Memorandum of Understanding (MoU) for the supply of low carbon and green ammonia, with first shipments starting this year from OCI’s US facilities. T
The first unloading of liquefied petroleum gas (LPG) across the deck of the floating storage and regasification unit (FSRU) according to the ship-to-ship principle has been completed at the Elbehafen LNG terminal in Brunsbüttel, Germany. Höegh LNG, the owner of the FSRU Höegh Gannet which was charte
French hydrogen producer Lhyfe has acquired a 49% stake in the Finnish company Flexens, a developer of renewable and green hydrogen and Power-to-X projects. Lhyfe said the move will accelerate the commercial deployment and Finland-based projects of both entities. According to Lhyfe, the companies fi
Sempra Infrastructure, a subsidiary of Sempra, has reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. On 20 March, Sempra revealed reaching the FID and closing its joint venture with an
Cochin Shipyard Limited (CSL), India’s top shipbuilder, has won a contract from Dutch logistics company Samskip for the design and construction of two zero-emission feeder container vessels. The project, which includes an option for two more vessels, represents one of the world’s first zero-emission
In a move to further reduce the environmental impact of their vessels, Finnish shipping company Langh Ship and Dutch multimodal operator Samskip have agreed to switch to biofuel operations. The companies said they switched to biofuel operations for the Langh Ship-owned 750 TEU container vessel Edith
Classification society Bureau Veritas has issued an Approval in Principle (AiP) to Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederia, for its ammonia-powered short-sea bulk vessel. Vi
Arab Maritime Petroleum Transport Company (AMPTC) has placed an order for the construction of two very large gas carriers at South Korean Hyundai Heavy Industries (HHI). The two VLGCs are slated for delivery by the end of August 2026, HHI’s parent, Korea Shipbuilding & Marine Engineering (KSOE) said
The Dutch government has designated an area for what will become the world’s largest offshore hydrogen production project. That area is Ten noorden van de Waddeneilanden (the North of the Wadden Islands), identified earlier for offshore wind development and deemed most suitable for providing 500 MW
Norwegian HydrogenPro, a technology company and an OEM for high-pressure alkaline electrolysers, has announced it will take its first major step into the US market with the establishment of a 500 MW manufacturing facility in Texas, US, with an estimated total investment cost of $30-50 million. Accor
SH Diana, a hybrid diesel-electric expedition ship being built for the British cruise line Swan Hellenic, has completed its sea trials. The ship’s builder, Finnish Helsinki Shipyard, confirmed in its social media update that the SH Diana returned from a “successful shakedown cruise” on Sunday evenin
CF Industries Holdings, a global manufacturer of hydrogen and nitrogen products, has signed a definitive purchase agreement with Incitec Pivot Limited (IPL) for IPL’s ammonia production complex located in Waggaman, Louisiana, US. Under the terms of the agreement, CF Industries said it will purchase
A Subsea7 pipelay vessel has begun pipe spooling for the Northern Lights carbon capture and storage (CCS) project being developed in Norway. The vessel Seven Oceans arrived at Subsea7’s Vigra Spoolbase in Norway to spool the first section of the 100-kilometer pipeline that will run from Øygarden to
