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Outlook & Strategy

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Cheniere signs long-term LNG supply deal with Equinor
Outlook & Strategy

Cheniere signs long-term LNG supply deal with Equinor

Cheniere Marketing, a subsidiary of LNG producer and exporter Cheniere Energy, has entered into a long-term LNG sale and purchase agreement (SPA) with energy major Equinor ASA. Under the SPA, Equinor has agreed to purchase approximately 1.75 million tons per annum (mtpa) of LNG from Cheniere Marketi

about 3 years ago
NKT wraps up first in-house TOV testing of HVDC cable systems
Outlook & Strategy

NKT wraps up first in-house TOV testing of HVDC cable systems

Denmark-based NKT has completed the first in-house temporary overvoltage (TOV) test sequence of high-voltage DC cable systems, said to represent an important technical milestone that increases the reliability of cable systems needed for the green transition. NKT reported on 21 June that it had execu

about 3 years ago
Donsötank
Outlook & Strategy

Donsötank books two more LNG-fuelled chemical tankers at Wuhu Shipyard

Swedish tanker shipping company Donsötank has placed an order for two newbuildings dual-fuel 22,500 dwt oil and chemical tankers with Wuhu Shipyard based in China. The vessels are scheduled for delivery in the second and fourth quarters of 2025. “As we navigate the path towards the future of shippin

about 3 years ago
ESL Shipping Electramar
Outlook & Strategy

AtoB@C Shipping’s first hybrid vessel hits the water in India

India’s Chowgule Shipyard has launched Electramar, the first unit in the series of twelve energy-efficient plug-in hybrid vessels ordered by AtoB@C Shipping, a subsidiary of Finnish dry bulk shipping company ESL Shipping. “The launching of a vessel is always a special moment in shipbuilding and we a

about 3 years ago
Singapore
Outlook & Strategy

ExxonMobil & EverGreen Line complete marine biofuel bunkering in Singapore

Evergreen Line’s vessel Ever Ulysses has received ExxonMobil’s marine biofuel oil blend via a ship-to-ship transfer in Singapore waters before heading to the discharge port. According to ExxonMobil, the commercial marine biofuel oil bunkering was completed in the port of Singapore on 1 April this ye

about 3 years ago
BV AIP
Outlook & Strategy

Qiyao Enviro’s onboard carbon capture tech validated on Wan Kwong’s ships

Wah Kwong Maritime Transport Holdings, a Hong Kong shipowner, and Qiyao Environmental Technology (Qiyao Environ Tec), a subsidiary of Shanghai Marine Diesel Engine Research Institute, have secured an approval in principle from Bureau Veritas (BV) for a carbon capture and storage (CCS) project onboar

about 3 years ago
High level of interest in zero-emission fuels to put Spain on green shipping corridors map
Outlook & Strategy

High level of interest in zero-emission fuels to put Spain on green shipping corridors map

With high levels of interest and varying degrees of activity around zero-emission fuels as well as favourable conditions for the potential bunkering of hydrogen-based zero-emission fuels across its major ports, Spain is well positioned to develop green shipping corridors to Europe and beyond, accord

about 3 years ago
ports
Outlook & Strategy

Denmark inaugurates first shore power facility with AIDAmar in Aarhus

Port of Aarhus, Denmark’s largest commercial port, opened its first shore power facility for cruise ships on June 20, 2023 enabling the vessels to keep their engines running on electricity while docked in the port and thus cut their emissions. The Port of Aarhus is one of Denmark’s largest cruise de

about 3 years ago
Wallenius Wilhelmsen
Outlook & Strategy

Wallenius Wilhelmsen turns to ExxonMobil for biofuel supply

Oslo-listed shipping company Wallenius Wilhelmsen has signed its first biofuel contract with the U.S. energy major ExxonMobil as a step towards reducing emissions and promoting eco-friendly practices. Under the contract, ExxonMobil will deliver sustainable biofuel within the second half of this year

about 3 years ago
XL uncrewed underwater vehicle set for technology demonstrations
Outlook & Strategy

XL uncrewed underwater vehicle set for technology demonstrations

Canadian Cellula Robotics and UK-based HonuWorx are collaborating to carry out a series of technology demonstrations that will use an extra-large uncrewed underwater vehicle (XLUUV). The demonstrations will see Cellula’s Solus-XR extra-large uncrewed underwater vehicle (XLUUV) used in showcasing Hon

about 3 years ago
Maersk
Outlook & Strategy

Industry’s first: Maersk ready to convert existing containership to methanol dual-fuel engine next year

Denmark-based shipping giant A.P. Moller – Maersk (Maersk) is ready to make pioneering moves in the shipping industry with the retrofit of an existing container ship to a dual-fuel methanol-powered vessel scheduled for 2024. The company revealed that the first engine retrofit in the industry is to b

about 3 years ago
Algoterra
Outlook & Strategy

Algoma orders methanol-ready product tanker duo at Hyundai Mipo

Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving Oi

about 3 years ago
Finland’s energy companies unite to develop industrial hydrogen valley
Outlook & Strategy

Finland’s energy companies unite to develop industrial hydrogen valley

Neste Corporation, Gasgrid Finland, Helen and Vantaa Energy have joined forces and started preliminary studies on the development of an industrial hydrogen valley in the Uusimaa region in Finland. Neste said the industrial hydrogen valley would combine infrastructure, storage and transmission of ren

about 3 years ago
J. Lauritzen methanol-fuelled bulker
Outlook & Strategy

J. Lauritzen, Cargill add third methanol-fuelled Kamsarmax to their tally at Tsuneishi

Danish investment company J. Lauritzen is expanding its partnership with Swiss freight trader Cargill by adding a third methanol dual-fuel 81,200 dwt Kamsarmax bulk carrier to their existing order of two vessels. The vessels are capable of trading with zero carbon emissions when powered by green met

about 3 years ago
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