Sohar Port and Freezone has signed a sub-usufruct agreement with Marsa Liquefied Natural Gas, a joint venture between Total Energies EP Oman Development and OQ, for the development of a liquefied natural gas (LNG) liquefaction plant in the port.
European Commission and Saudi Arabia have held talks in view of a Saudi-EU memorandum of understanding (MoU) on energy cooperation.
Norway-based shipping company Höegh Autoliners has doubled its biofuel usage from 2022 to 2023 in response to growing demand for green transportation.
Aramo Shipping (Singapore), a group company of Japanese shipping major Mitsui O.S.K. Lines (MOL), has taken delivery of a liquefied petroleum gas (LPG) dual-fuel LPG/ammonia carrier from compatriot shipyard Namura Shipbuilding.
German propulsion system manufacturer Schottel has been contracted to provide two RudderPropellers type SRP 360 in the LE-Drive variant for Guangzhou Port Group’s latest e-tug.
Japanese companies have started a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido.
On April 25, the European Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonization.
Denmark-based shipping company MH Simonsen has placed an order for eight hybrid-electric methanol dual-fuel chemical tankers at China’s Jiangxi New Jiangzhou Shipbuilding.
Norwegian shipping company MPC Container Ships (MPCC) has signed a $55 million pre- and post-delivery ECA-covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.
Finnish technology group Wärtsilä has been contracted to provide methanol-fueled auxiliary engines for twelve new 24,000 TEU containerships owned by Chinese shipping companies COSCO Shipping Lines and Orient Overseas Container Line (OOCL).
Marine fuel supplier Peninsula has added an IMO II chemical tanker to supply biofuel in the Port of Barcelona.
UK’s PM Rishi Sunak and German Chancellor Olaf Scholz have agreed on a feasibility study for hydrogen exports from the UK to Germany.
The European Parliament has taken a significant step towards incentivizing a robust CO2 transport infrastructure as it approved the regulation on the Trans-European Transport Network (TEN-T).
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, said that its first plug-in hybrid newbuilding Electramar reached the Baltic Sea, marking the end of a long voyage from India around the Cape of Good Hope to Europe.
