Oslo-listed Hunter Group ASA and DNV classification society have entered into a joint cooperation agreement for the development of a low-pressure mid-stream shipping solution for Carbon Capture and Storage. The parties have agreed to work together to develop a 40-70K cbm liquified CO2 carrier with 2
Dutch bulk liquid storage company Vesta Terminals has awarded a scoping & feasibility study and a subsequent front-end engineering design (FEED) contract to compatriot ammonia engineering firm Proton Ventures for repurposing of two 30,000 m3 ammonia tanks in Vlissingen. The contract is a part of Ves
The toxicity of ammonia as potential zero-emission fuel of the future for the shipping industry might be solvable after all despite all the hype over its likely impact on the safety of seafarers. There have been a lot of discussions about the dangers of potential releases of ammonia on board during
Essar Group’s Stanlow Terminals has announced it will develop a major new open-access import terminal for green ammonia in the Port of Liverpool, UK. According to Stanlow, this new terminal, which will be an expansion of existing facilities, will provide the connecting infrastructure to enable signi
Japanese heavyweight Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with Electricity Generation Authority of Thailand. Mitsubishi Company and Chiyoda Corporation on building a clean hydrogen and ammonia value chain derived from renewable energy sources in southern Thailand.
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
Woodward, an engine injection system manufacturer, is developing a new range of injection systems to support the ongoing transition to new fuels in the global energy industry. According to Woodward, the comprehensive portfolio of new systems will be applicable for new and future fuel-powered engines
The U.S. ports are expected to build out nearly $50 billion in green infrastructure over the next decade – and hydrogen is set to play a significant role in the industry’s plans, a recent survey from the American Association of Port Authorities (AAPA) shows. The survey covered AAPA’s membership and
BASF Japan, a subsidiary of the chemical company BASF SE, has announced that the high-pressure regenerative CO2 capture technology HiPACT®, co-developed by BASF and its engineering partner JGC Corporation, will be used by INPEX Corporation, Japan’s exploration and production company, in its Kashiwaz
Chicago-based ammonia producer CF Industries Holdings has signed a memorandum of understanding (MoU) with South Korean chemical company Lotte Chemical Corporation for a joint exploration of clean ammonia production and its long-term offtake into South Korea. The MoU will serve as a framework for the
Essar Group, invested in energy, metals and mining, infrastructure, and technology sectors, has announced the formation of Essar Energy Transition (EET) to drive energy transition in the UK and India. According to Essar, EET plans to invest a total of $3.6 billion in developing a range of low-carbon
CSSC Qingdao Beihai Shipbuilding has launched the construction of CMB’s ammonia-ready 210,000 dwt bulk carrier. The Capesize bulker is part of a contract the Belgian shipowner signed with the shipyard in January last year. The deal was described as the world’s first order for ammonia-ready Capesize
AET, the petroleum arm of MISC Group, has signed a memorandum of understanding (MoU) with PETCO Trading Labuan Company Ltd (PTLCL), an indirect wholly-owned unit of Petronas, to explore a potential collaboration for deploying a future zero-emission ammonia-powered Aframax. For AET, this MoU for the
Japanese shipbuilder Kawasaki Heavy Industries has won a shipbuilding contract for an 86,700 cmb liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier from Dubai-based energy company BGN INT DMCC. The vessel is equipped with separate cargo tanks designed to carry LPG and NH3 at the s
