Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part of its strategy to decarbonise customers’ supply chain. With this LoI, SunGas joins eight
China Classification Society (CCS) has issued approval in principle (AiP) for an 85,000-ton methanol dual-fuel dry bulk carrier developed by Huangpu Wenchong Shipping, a subsidiary of China State Shipbuilding Corporation (CSSC). The approval was awarded on 14 December for the vessel with a length of
Together with its partner, an independent company for development, simulation, and testing, AVL, Norway’s cleantech company TECO 2030 has completed production of the world’s first fuel cell stack developed and purposely designed for heavy-duty and marine applications. “It’s amazing to be able to phy
The construction of the next-generation diesel-electric propulsed cargo vessel, developed by Maritime engineering company Conoship International Projects, has kicked off in Turkey. The ceremonial start of the 3600 tdw vessel’s first construction took place on 24 November at the Gelibolu Shipyard in
Malaysian oil and gas company Petronas has teamed up with Italian energy company Eni and Japan’s biotechnology firm Euglena to explore an opportunity for biorefinery development in Malaysia. On 14 December, the three companies announced their intention to jointly study the possibility of developing
Norwegian shipping company Avance Gas has launched its newest dual-fuel very large gas carrier (VLGC), Avance Avior.
South Korean Korea Shipbuilding & Offshore Engineering Co. (KSOE) has signed a deal with an undisclosed shipowner for the construction of two liquefied petroleum gas (LPG) carriers.
Nordic energy company Gasum, a part of a Trøndelag Biogass consortium of three parties, together with the municipality of Vormstad, has started the zoning process for the construction of a new biogas plant in Vormstad near Trondheim in Norway. According to plans, if the project takes on, Gasum would
Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala), and Abu Dhabi National Oil Company (ADNOC) have become the new shareholders of Masdar (Abu Dhabi Future Energy Company) following the completion of the agreed transaction. TAQA has the largest stake of 43% in Masdar’s
U.S. naval architecture and marine engineering firm Elliott Bay Design Group has developed a new design of methanol-fuelled harbor power and charging barge.
Finnish technology group Wärtsilä has been selected to provide cargo handling and fuel supply systems for Exmar LPG’s two LPG/Midsize gas carrier vessels.
Shell Petroleum, a wholly-owned subsidiary of Shell, has entered into an agreement to acquire 100% shareholding of Nature Energy Biogas, a Denmark-based producer of renewable natural gas (RNG), for nearly $2 billion. By purchasing the shares in Nature Energy, Shell said it will acquire the largest R
Singapore-based owner and operator of LPG vessels BW LPG has completed the acquisition of Vilma Oil’s LPG trading operations to expand its product services division. The company entered into an agreement with Madrid-based Vilma Oil to acquire its LPG trading operations on 1 August 2022. The product
Shipping joint venture Proman Stena Bulk has held a christening ceremony for the first methanol-powered, low-emission tanker Stena Pro Patria.
