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Purus Marine behind order for dual-fuel VLEC pair at HD KSOE
Vessels

Purus Marine behind order for dual-fuel VLEC pair at HD KSOE

UK-based shipping company Purus Marine has placed an order for two dual-fuel very large ethane carriers (VLECs) at South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE).

about 2 years ago
European ministers urged to streamline renewable hydrogen financing
Authorities & Government

European ministers urged to streamline renewable hydrogen financing

In a joint letter, CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen Bank. According to the CEOs, the cri

about 2 years ago
Unity platform; Source: INEOS
Authorities & Government

Reliance on gas imports rising due to UK’s energy policy with ‘high North Sea taxes and disincentives’

Is the UK’s government’s energy policy is holding back the UK economy, as energy cost differences hit Britain’s businesses and consumers?

about 2 years ago
GAZ-SYSTEM puts Gdańsk FSRU 2 on hold as open season procedure ends with insufficient number of binding orders
Business Developments & Projects

GAZ-SYSTEM puts Gdańsk FSRU 2 on hold as open season procedure ends with insufficient number of binding orders

Poland’s natural gas transmission system operator GAZ-SYSTEM has closed the submission phase for binding offers in its open season FSRU 2 procedure which did not result in a sufficient number of binding orders to proceed with the implementation of the project envisaging installation of the second FS

about 2 years ago
Pavilion Energy
Authorities & Government

Industry bodies pitch ‘pooled compliance’ as part of simplified global GHG fuel standard

The International Chamber of Shipping (ICS) and the International Bunker Industry Association (IBIA) have submitted a joint proposal to the shipping industry’s global regulator, the UN International Maritime Organization (IMO), for a Global GHG Fuel Standard (GFS). The proposal, set to be discussed

about 2 years ago
WinGD
Collaboration

WinGD methanol-fueled engines picked for six green boxships

WinGD is to supply X-DF-M methanol-fueled engines for a series of 6 container vessels to be built at Yangzijiang Shipbuilding.

about 2 years ago
MAN ES’ four-stroke engine project aims for 70% reduction in methane slip
Equipment

MAN ES’ four-stroke engine project aims for 70% reduction in methane slip

German engine manufacturer MAN Energy Solutions (MAN ES) has revealed that it is developing an oxidation catalyst for four-stroke engines that will reduce methane slip by 70%.

about 2 years ago
Argeo formalizes AUV order with Kongsberg
Business & Finance

Argeo formalizes AUV order with Kongsberg

Marine survey contractor Argeo has formally signed the contracts with Kongsberg for the purchase of three Hugin autonomous underwater vehicles (AUVs). In September Argeo announced the purchase of three new AUVs from Kongsberg, two Hugin Superiors and one Hugin 6000. The contracts for all three vehic

about 2 years ago
Eneco plans to build 800 MW green hydrogen plant in Europoort
Business Developments & Projects

Eneco plans to build 800 MW green hydrogen plant in Europoort

Dutch energy company Eneco has submitted a planning application for the construction of a green hydrogen production plant in Rotterdam’s Europoort industrial area. Eneco plans to develop the Eneco Electrolyzer plant which will use renewable energy from solar parks and wind farms to produce clean hyd

about 2 years ago
HGK
Business Developments & Projects

HGK Shipping orders eco-friendly dry cargo ship for Salzgitter Flachstahl

HGK Shipping, part of Germany’s integrated logistics group HGK, has ordered a new, low-emission dry cargo ship from the Dutch shipyard De Gerlien van Tiem.

about 2 years ago
Who Dat; Source: Delmar
Business & Finance

Australian player entering Gulf of Mexico with new oil & gas acquisition

Karoon Energy is in the process of diversifying and expanding its asset portfolio, thanks to biding agreements worth $720 million.

about 2 years ago
Sakura Leader
Business Developments & Projects

NYK-chartered car carrier seized in Yemen as shipping gets in crosshairs of Israel-Hamas war

Japanese shipping company NYK Line confirmed earlier today that its chartered car carrier Galaxy Leader was seized near Hodeida, Yemen. “On the evening of November 19 in Tokyo (early afternoon local time), NYK was informed by Galaxy Maritime Ltd., which is based in the U.K., that an NYK-chartered pu

about 2 years ago
Petrobras and European Energy looking into e-methanol opportunities in Brazil
Business Developments & Projects

Petrobras and European Energy looking into e-methanol opportunities in Brazil

Brazilian state-owned oil and gas giant Petrobras and Danish company European Energy have signed a memorandum of understanding (MoU) to investigate business opportunities for developing an e-methanol plant in Brazil, on a non-binding basis. According to Petrobras, the companies have vertically integ

about 2 years ago
SWITCH Maritime raises $10 million to grow hydrogen and electric ferry fleet
Business & Finance

SWITCH Maritime raises $10 million to grow hydrogen and electric ferry fleet

SWITCH Maritime, a US-based company developing zero-emission hydrogen and battery-powered ferries, has raised $10 million in a Series A round led by low-carbon investor Nexus Development Capital to expand its fleet. SWITCH Maritime was founded in 2018 with an aim to enable private and public municip

about 2 years ago
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