Swedish green electrofuel developer Liquid Wind has selected Swedish-Finnish AFRY to provide basic engineering for the balance of FlagshipTWO plant, its second electrofuel facility in Sundsvall, Sweden. Liquid Wind, together with compatriot energy services provider Sundsvall Energi, aims to develop
The majority of the newbuilding tonnage ordered in 2022 was alternatively fuelled, according to the data from Clarksons Research. Insights from the shipbroker show that 61% of tonnage ordered last year (35% by number) was alternatively fuelled. Overall, 83.4 million dwt was ordered across vessel sec
TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent of it
South Korean shipbuilders secured the largest market share for high-value-added, eco-friendly vessel orders in 2022, bagging 58 percent of the total ordering tally for the year. This equals 149 vessels or 12.0 million compensated gross tonnage (CGT) out of 270 vessels (20.8 million CGT) ordered in 2
European multinational aerospace corporation Airbus has tested renewable marine fuel on one of its vessels as part of the ambition to reduce its carbon emissions.
Singapore-based shipbuilder Sembcorp Marine has completed the final unit of three identical fully battery-operated roll-on/roll-off passenger (RoPax) ferries for Norwegian ferry operator Norled. On 9 January, Sembcorp Marine said it had marked the sailaway of the final unit, following the vessel’s h
India’s largest power generation company NTPC has partnered up with Tecnimont, a subsidiary of Italy’s Maire Tecnimont Group, to explore opportunities to develop a green methanol production facility. The companies have signed a non-binding memorandum of understanding (MoU) with an aim to jointly eva
Oil major Chevron has teamed up with Singapore-based shipping giant Ocean Network Express (ONE) to complete inaugural biofuel bunkering on a 4,800 TEU containership.
Japanese shipping heavyweight NYK has held a naming ceremony for the second dual-fuel very large gas carrier (VLGC) for charter with LPG trader and importer Astomos Energy Corporation.
Dutch short sea shipping company Vertom Group has taken delivery of the first in a series of six diesel-electric dry bulk vessels from compatriot Thecla Bodewes Shipyards.
Swedish green electrofuels developer Liquid Wind has informed that its partner, Danish offshore wind developer Ørsted, will acquire full ownership of the FlagshipONE project, the largest green electrofuel facility in Europe that has reached a final investment decision (FID). The project was develope
Clean energy company Iberdrola Australia has partnered with hydrogen developer ABEL Energy for a green hydrogen and green methanol project at the Bell Bay production facility, known as the Bell Bay Powerfuels Project, in northern Tasmania. Iberdrola said that the total estimated capital requirement
Ørsted-led Power-to-X project Green Fuels for Denmark has been awarded DKK 600 million (around $86 million) by the Danish Business Authority as part of Denmark’s participation in the Important Project of Common European Interest (IPCEI) programme. The project, which is being developed by Ørsted in p
Carbon capture and removal solutions provider Svante has raised $318 million to accelerate the manufacturing of its carbon capture technology, with Chevron New Energies (CNE), Chevron USA’s unit focusing on low-carbon, being the lead investor in its Series E fundraising round. “We are advancing a fu
