Lowering the environmental footprint of the offshore energy sector – a key concern in the 21st century – plays a huge role in combating the climate change. Energy efficiency, carbon storage, renewable energies and alternative fuels are just some of the ways to tackle this problem. A few of the lates
In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (
Copenhagen Infrastructure Partners (CIP), a major in offshore wind development, has acquired a majority stake in a blue ammonia project which will be developed alongside US-based Sustainable Fuels Group (SFG). While the financial terms of the transaction were not disclosed, CIP said it has acquired
China Classification Society (CCS), Singapore’s SDTR Marine and Shanghai’s Merchant Ship Design & Research Institute (SDARI) have jointly developed an 85,000 dwt ammonia-fueled bulk carrier. Said to be the world’s first, the vessel has also obtained approval in principle (AiP) from the Chinese class
SK Holdings Materials, a South Korea-based company specialising in material technology, has signed an agreement with ExxonMobil, a US energy and petrochemical company, with the main aim of introducing blue ammonia to SK Materials in Korea. The company noted that ExxonMobil plans to build a facility
Japan’s IHI Corporation and India’s renewable energy company ACME have signed a Memorandum of Understanding (MoU) to study and investigate the feasibility of producing and utilising green ammonia derived from renewable energy. Under the MoU, IHI will consider participation in green ammonia productio
Spanish multinational energy company Cepsa has signed a Memorandum of Understanding (MoU) with the ACE Terminal in the Port of Rotterdam, the Netherlands to create a green hydrogen supply chain. Namely, Cepsa is developing 2GW of green hydrogen at its two Energy Parks in Andalusia, southern Spain, a
Although liner heavyweight Mediterranean Shipping Company (MSC) is trying to keep its ordering of new boxships on the down low, details have emerged of the company’s ten recently ordered LNG dual-fuel containerships. The order was confirmed by China’s CIMC Group, which disclosed that the constructio
Brooklyn-based technology startup Amogy has signed a letter of intent and a lease with Sustainable Energy Catapult Center to kick-start testing operations for its 200kW ammonia-to-power platform in Norway. The operations will take place at Amogy’s recently launched testing facility for new and susta
German energy company RWE and global logistics company VTG have signed a Memorandum of Understanding (MoU) to jointly develop a logistics concept for supplying customers with ammonia. It includes exploring delivery routes and determining the necessary filling and transport capacities. The MoU builds
Japan’s energy company JERA has signed a Memorandum of Understanding (MoU) with the Philippines’ Aboitiz Power Corporation, a subsidiary of a conglomerate group Aboitiz Equity Ventures, to commence a joint study on ammonia co-firing for the decarbonisation of Aboitiz Power’s business. More specifica
Brazilian energy companies Comerc Eficiência and Casa dos Ventos have signed a Memorandum of Understanding (MoU), that includes ammonia, with the TransHydrogen Alliance (THA), a consortium formed by Proton Ventures, GES, Trammo DMCC, and Varo Energy, whose objective is to create new supply chains fo
Timothy Halman, Minister of Environment and Climate Change, Government of Nova Scotia, has issued an environmental approval to EverWind Fuels, developer of green hydrogen and ammonia production, for the initial phase of the $6 billion, 1 million tonnes per annum green hydrogen and green ammonia proj
RWE, LOTTE Chemical Corporation and Mitsubishi Corporation have agreed to jointly study the development of a large-scale integrated clean ammonia production and export project in Port of Corpus Christi, Texas, US. To this end, the parties have signed a joint study agreement (JSA) with a strategic al
