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K Line
Business Developments & Projects

K Line unveils fleet expansion move with methanol-ready bulk carriers

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuil

about 2 years ago
Illustration: Source: Wood Mackenzie
Business & Finance

WoodMac’s gas and LNG trends to watch in 2024

Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.

about 2 years ago
Clean Hydrogen Partnership issues €113.5M call for hydrogen projects
Authorities & Government

Clean Hydrogen Partnership issues €113.5M call for hydrogen projects

Clean Hydrogen Partnership has launched a new hydrogen research call for proposals where a total of €113.5 million will be made available through Horizon Europe for projects to cover R&I activities across the whole hydrogen value chain. Furthermore, an additional €60 million, coming from the RePower

about 2 years ago
Illustration; Source: FutureOn
Business & Finance

New cost estimation tool streamlines decision-making for oil & gas and offshore wind projects

FutureOn and Rystad have launched a digital tool that integrates up-to-date cost estimation with live project data for energy developments.

about 2 years ago
Ilustration
Business Developments & Projects

Neste and partners conclude research project for accelerated commercial-scale production of synthetic e-fuels

Neste and partners have concluded a three-year e-fuel research project demonstrating high-temperature electrolysis (SOEC), carbon capture, and hydrocarbon synthesis technologies and covering all parties in the value chain from carbon capture to green hydrogen and fuel production, logistics, and user

about 2 years ago
Illustration; Source: Shell
Business & Finance

Shell sanctions North Sea tie-back to TotalEnergies’ UK gas hub

Shell has taken a final investment decision (FID) to develop a gas field in the UK sector of the North Sea.

about 2 years ago
Danish Shipping
Business & Finance

Industry titans Maersk and Hapag-Lloyd forge operational cooperation deal

Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally

about 2 years ago
One of Shell-managed LNG carriers; Source: Shell
Business & Finance

Shell joins BP and numerous shipping giants in putting all Red Sea shipments on ice as vessel attacks escalate

Shell is the latest firm in a long line of companies, which decided to steer clear of the Red Sea shipping route in response to rising Houthi vessel attacks.

about 2 years ago
Saic Anji
Business Developments & Projects

World’s largest LNG-powered car carrier named and delivered

Earlier today SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji Logistics, a subsidiary of

about 2 years ago
Offshore oil rigs in Southern California; Credit: Drew Bird Photography
Authorities & Government

California teetering on the brink of ending offshore oil drilling, as bill triumphs over first legislative snag

Senator Dave Min’s bill to stop offshore oil drilling in California’s waters has now passed its first major legislative hurdle.

about 2 years ago
Duke Energy floating solar project in Florida
Business Developments & Projects

Duke Energy commissions its first floating solar project in Florida

Duke Energy has commissioned its first floating solar project in Florida, located at the Duke Energy Hines Energy Complex in Bartow, which has a capacity of almost 1 MW. The project consists of an almost 1 MW solar array that floats on a two-acre cooling pond. The array is made up of over 1,800 bifa

about 2 years ago
ONE
Vessels

ONE confirms order for twelve methanol dual-fuel 13K TEU containerships

Singapore-based shipping company Ocean Network Express (ONE) has confirmed the order for twelve 13,000 TEU methanol dual-fuel containerships at Jiangnan Shipyard and Yangzijiang Shipbuilding.

about 2 years ago
UK plans new 2 GW interconnector to ensure electricity transmission network is fit for future
Authorities & Government

UK plans new 2 GW interconnector to ensure electricity transmission network is fit for future

A geophysical survey is currently underway at a new proposed HVDC interconnector in the UK that will reinforce the electricity network between Suffolk and Kent, contributing to the UK’s 2050 net-zero goal. The 2 GW Sea Link, developed by National Grid Electricity Transmission (NGET), will be approxi

about 2 years ago
Fratelli Cosulich pens charter deal for its second LNG bunkering vessel
Business Developments & Projects

Fratelli Cosulich pens charter deal for its second LNG bunkering vessel

Italian shipowner Fratelli Cosulich and PETCO Trading Labuan Company Limited (PTLCL), a trading arm of Malaysian energy major Petronas, have signed a two-year charter agreement for Paolina Cosulich, Fratelli’s latest LNG bunker barge. Operating under PTLCL, the bunker barge will cater to the increas

about 2 years ago
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